In this article, you will learn about the 5 top P2P Exchanges in the world. At the end of this article, you should be able to mention the name of these five leading exchanges in the world, what they stand for, the benefits you get by joining any of them and the likely disadvantages each of them have. With that said, let quickly look at the best P2P crypto exchange in the world.
Bitfada is one of the leading global cryptocurrency trading platforms. This platform offers P2P exchange service which makes the transaction on this platform mostly secure and fast.
It offers a great opportunity for the users to create their advertisement and to choose from a long range of payment options.
Payment methods include: Bank transfer, paytm, Money Gram, Skrill, Paypal, Neteller and Bitfada NGN Wallet.
Coins you can buy and sell on Bitfada include: Bitcoin, Eth, Tether Usdt
The transaction on this platform is fast given its advanced server architecture which has the capability to process millions of transactions per second.
Registering on bitfada implies access to a highly intuitive and user-friendly website interface which makes it possible for users to facilitate transactions with little or no guidance at all.
One of the priorities of this platform is the security of the members of its community. The company set a goal to be the most safest, reliable and secured crypto trading community among its peers.
Click Here To Register On: Bitfada.com
Remitano is owned by Babylon Solutions Limited. This company offers an escrowed P2P Bitcoin marketplace which makes it possible for people to buy and sell Bitcoin easily and safely.
It is considered to be one of the fastest and reliable crypto platforms for buyer and seller.
Remitano is currently available in about 58 countries of the world and it is regarded as one of the leading P2P exchanges.
One of the interesting things about Remitano is that it is demystifying registration on its platform. This is because it does not place much pressure on the new users to immediately provide government issued ID for account verification. It is attempting to make account creation simple and straightforward.
Unfortunately, despite the strength Remitano seems to muster, the platform seems to restrict its coin dealing to only 5 cryptocurrencies BTC, ETH, LTC, XRP, and USDT.
However, it has a long list of services and benefits for its users including: Games, API, Live chat, Multiple currencies, Blog, Mobile app, Referral, Region specific interface, Wallet, Forum etc.
Click Here To Register On: Remitano.com
Paxful is the third P2P exchange platform to buy and sell crypto in our consideration. This company was created in the year 2015 by two founders: Ray Youssef and Artur Schaback.
It offers services along the lines of P2P, wallet, and affiliate programs. It also has a variety of programs including: Paxful Rewards Program,Paxful Trader Program,Paxful Peer Program,Paxful Affiliate Program,Paxful Earn, Paxful Alliance.
This company has its presence in nearly all the countries of the world except those which are banned by OFAC. OFAC (Office of Foreign Assets Control) is under the US Department of the Treasury which administers and enforces economic and trade sanctions against targeted individuals, nations or regimes based on US foreign policy and national security.
One of the greatest advantages of Paxful is that it offers over 350 different payment methods.
Interestingly, it is available in Nigeria, and it accepts payment in Nigeria via Bank Transfer, MTN Mobile Money, Chipper cash, Perfect money, cash deposit to bank.
The major drawback with this platform is that it deals majorly in BTC. So, if you are primarily interested in trading BTC, this might be a good option for you.
Also, when compared with other trading platforms like Remitano and Binance, its transaction fee may be quite high ranging between 0.1% to 5%.
Click Here To Register On: Paxful.com
This is another top P2P exchange. Localbitcoins was founded ni june 2012 by Jeremias Kangas. The company headquarters is situated at Helsinki, Finland.
Localbitcoins offers services which makes it possible to locate users who want casual trading for the sake of privacy. The site works on an escrow system both for transaction and conflict resolution.
Localbitcoins has succeeded in making itself available in nearly all the countries of the world. Therefore, it has a good number of payment gateway including bank transfer, paypal, cash deposit, SEPA, Netellers, skrill, prepaid card etc
It has one of the lowest fee charges, high traffic and quick transfer. The transactions on this platform are highly secure. It supports its customers on a 24/7 basis.
Click Here To Register On: Localbitcoins.com
Binance is a very popular P2P exchange among Nigerians and in many countries of the world. It is a reliable platform which allows users to buy and sell crypto with other verified and approved merchants.
Binance features an escrow system on its platform which makes it a secure place to trade crypto.
Once you register and your account is confirmed, you have the opportunity to become a P2P merchant. Binance features Business-2-Consumer model. Just like Bitfada and many other platforms, transactions on this platform are fast and secure.
On Binance, you have the chance to Buy, trade, and hold 600+ cryptocurrencies. The company offers 24/7 chat support with its self-acclaimed friendly customer service.
Click Here To Register On: Bitnance.com
Now you have seen our 5 top P2P exchanges. There is no doubt these platforms have great benefits and advantages. But the one that is highly recommended is Bitfada.
Bitfada has the most rewarding program. For instance, when you join Bitfada, and you invite your friends or family members to join the platform through your link, you are entitled to earn 40% escrow fees when they buy or sell crypto on bitfada. There is no platform that offers that much among all the five we discussed but Bitfada.
Therefore, if your goal is to attain financial freedom, Bitfada is our highest recommendation. You can join Bitfada here: www.bitfada.com