The PointPay ecosystem was built to make cryptocurrency accessible to anyone, anywhere in the world. That's why we are proud to introduce the PointPay P2P Platform, available for use today.
The P2P Platform is PointPay's newest addition to our suite of services, allowing you to engage confidently in peer-to-peer transactions. It's developed with your needs in mind: simple, transparent, and secure.
What is a PointPay P2P Platform?
PointPay P2P is a crypto exchange that allows users to trade cryptocurrency directly with one another without the interference of intermediaries. The service does not have an order book to pair the buy and sell orders. Instead, PointPay provides an option to interact directly with one another, simplifying transactions.
P2P crypto exchange allows you to choose from various providers and find the one that best suits your needs. We have also integrated the most popular payment methods, such as Payeer, Revolut, Wise, and others. To protect users from illicitly acquired funds, we require all customers to pass the Know Your Customer (KYC) procedure to perform transactions on the P2P platform.
How does P2P crypto trading work?
P2P trading platforms connect buyers and sellers together to conduct trades. There is a small fee for each trade conducted. Furthermore, users are required to store their funds in the PointPay Regular account to perform transactions.
PointPay P2P platform gives crypto buyers and sellers a place to meet, making it easy to compare exchange rates and offerings. Customers can browse existing advertisements or create their own.
We provide a secure platform where buyers and sellers can meet to exchange Bitcoin and other digital assets for fiat in a trustworthy environment. We use a feedback system and an escrow service to ensure that both parties are protected during the transaction. So you can check the other party's reputation and ratings before engaging in any transactions. Furthermore, staff members monitor disputes and intervene when necessary to resolve them quickly.
Advantages of the PointPay P2P Platform
P2P exchanges have many advantages, including:
- Flexible Payment Options
Peer-to-peer crypto exchanges allow you to use any form of payment the seller accepts. We've integrated the most popular payment methods, such as Payeer and Revolut. This means that trades can be conducted safely for users worldwide with internet access and a smartphone.
At P2P crypto exchange, we know that security is one of the most important aspects of trading. That's why we use an escrow system to ensure that everyone involved in the trade process is protected—including our own platform. If you encounter any problems during the trade process, our support team will help you resolve them quickly and easily.
- Lower Fees
There is a commission of 0.01% for the user who places the ad, which is lower than standard exchange fees. The one who responds to the ad does not pay any commission.
PointPay P2P vs. PointPay Cryptocurrency Exchange
Besides P2P, we offer three different interfaces for traditional cryptocurrency exchange, each with its own distinct features: Advanced, Classic, and Quick Exchange. There are crucial differences between PointPay Exchanges and PointPay P2P:
- Speed of transactions
The technology behind the PointPay exchange matches buyers and sellers of crypto, thereby facilitating the buying and selling of crypto. This instant matching increases the likelihood of successfully completing transactions.
When you trade with a peer-to-peer crypto exchange, you trade directly with other users. You initiate a purchase of assets, and another user agrees to sell them to you. Because each of the two parties is responsible for completing its part of the transaction, it's impossible to predict the long it will take for a transaction to happen.
If your main concern is to complete transactions instantly, a traditional cryptocurrency exchange is more suitable. However, the peer-to-peer platform might be the way to go if you prefer flexibility when transacting and want to choose a provider with the desired exchange rate.
- Trading pairs
The PointPay exchange gives you a choice between multiple trading pairs across USDT, BTC, and ETH markets. You can buy or sell exclusively digital assets on the PointPay exchange at the moment.
Our new peer-to-peer platform lets you buy or sell all cryptocurrencies available in our cryptobank. Choose from 70 fiat currencies for performing transactions. In addition to our Payment System, which lets you trade assets through our broad fiat-to-crypto partner network, you can now use the P2P platform.
Because you can directly trade with other users, peer-to-peer crypto exchanges are often more transparent than traditional PointPay exchanges. There is also a built-in reputation system to display your trading history.
The peer-to-peer crypto trading concept allows individuals to set their own prices, quantities, payment methods, and other variables when trading cryptocurrencies. It is ideal for those seeking a personalized experience.
We aim to become the leader in the peer-to-peer cryptocurrency trading market. Our platform offers top-of-the-line security features and provides various payment methods. We also offer an array of additional services, such as spot trading, crypto lending, staking, crypto savings accounts, and much more. Start today by opening an account with us!