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Trade Any Token, Anywhere: Bitget Spot P2P Market

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2024-01-16
Trade Any Token, Anywhere: Bitget Spot P2P Market

It's been almost a year since Bitcoin launched its Ordinals protocol, giving every satoshi an extra bit of data as attachments. Ever since then, a plethora of fungible and non-fungible tokens (NFTs) have taken their place on the Bitcoin blockchain as well as the crypto market. These inscribed satoshis, also known as BRC-20 tokens or ordinals, soon spreaded to other blockchains such as Ethereum and Solana, and started a rave in late 2023 despite their high trading cost, no thanks to Bitcoin's eye-watering gas fee.

But it doesn't have to be like this. With our latest product, Spot P2P Market, all traders will gain access to the latest and hottest BRC-20 and SPL-20 tokens even before they hit the mainstream market, at an ultra-low cost.

A hands-on tutorial

Trading at Bitget Spot P2P Market is as simple as it gets. Head to our market page and select 'all' to enter Bitget Spot P2P Market.

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Our P2P market works just like our spot market. Simply choose your desired coin and enter their respective markets.

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Enter the amount and the type of order, then click Buy/Sell. You must deposit or transfer assets to your account before placing your first order.

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When your order is matched, you will receive your assets in 'My Assets', no gas fee required!

Frequently asked questions

What tokens are available at Bitget Spot P2P Market?

Bitget Spot P2P Market allows traders to trade tokens directly with each other. As of now, you can trade most tokens, including BRC-20 and SPL-20 tokens at our Spot P2P Market without having to pay an excessive amount of gas fee.

What can I buy these tokens with?

For now, all orders are fulfilled in USDT, and your fees will also be paid in USDT. Simply submit your order and when it's filled, you will see these assets in your account.

How much fees should I pay?

At Bitget Spot P2P Market, each trade will carry a standard trading fee of 0.5% for both Makers and Takers.

Let's say you submitted a 1000 USDT limit order to purchase 1000 ABC tokens at 1 USDT each.

You are the Maker in this order and upon submission, we will freeze 1005 USDT in your account balance. That is, 1000 USDT for your order and a 5 USDT fee (0.5% * 1000).

Let's say someone else sold you 100 ABC tokens with a market order.

That someone (they) is the Taker in this order and will receive:

the total amount of their order (100*1 = 100 USDT) - their Taker fee (0.5%*100 = 0.5 USDT) = 99.5 USDT.

Where do I see my order history and assets?

You'll find your order history and assets under Spot P2P Market under 'Orders' and 'My P2P Assets.'

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Trade on Bitget Spot P2P market now!

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