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What is P2P Trading?

Dear Global Bitgetters,

P2P stands for peer-to-peer, and P2P trading is the act of buying and selling cryptocurrencies, such as Bitcoin, Tether and other cryptocurrencies, directly between users, without a third party or intermediary.

Bitget P2P is an easy-to-use platform that allows you to buy and sell cryptocurrencies directly with other users.

Bitget P2P can protect both buyers and sellers to safeguard transactions and reduce the risk of fraud. In addition to a public rating system, Bitget P2P uses escrow to secure the cryptocurrencies until both parties have confirmed the transaction.

For example, if you are selling Bitcoin for fiat money, Bitget will escrow your Bitcoin. Once you send the Bitcoin and the transaction is confirmed, Bitget will subsequently credit you and the buyer, ensuring a safe and secure transaction. If either party is unhappy with the transaction, they can file an appeal to resolve the issue between counterparties, or have Bitget Customer Support step in.

Bitget Team

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