Peer-to-peer (P2P) crypto exchanges provide an efficient, secure, and private way to trade cryptocurrencies like Bitcoin and Ethereum using preferred payment methods. Unlike centralized exchanges, P2P platforms often offer lower fees and greater flexibility. Here’s a curated list of the best P2P crypto exchanges for 2025:
Top P2P Crypto Exchanges
- Bybit P2P
- Paxful
- LocalCryptos
- Binance P2P
- Hodl Hodl
- LocalCoinSwap
- CEX.io
- WazirX P2P (India only)
- Bisq
- LocalBitcoins
1. Bybit P2P
Bybit, established in 2018 and headquartered in Singapore, is a fast-growing P2P platform supporting USDT, BTC, and ETH trades. Key features:
- 25+ fiat currencies and 300+ payment methods.
- No KYC for small trades (limits vary by currency).
- Zero fees for floating/fixed-price ads.
2. Paxful
A US-based P2P marketplace founded in 2015, Paxful offers:
- 300+ payment options globally.
- Escrow protection and seller reputation ratings.
- Tiered verification (trade limits up to $50,000).
3. Binance P2P
Binance’s P2P platform stands out with:
- 70+ fiat currencies and 300+ payment methods.
- Zero fees for takers; low maker fees (0–0.35%).
- Escrow protection and mandatory KYC.
4. Bisq
A decentralized P2P exchange emphasizing privacy:
- No KYC or account registration.
- Atomic multisig escrow for security.
- 0.001 BTC fee per offer/trade.
FAQs
Can I buy crypto with P2P?
Yes! P2P exchanges like Binance and Paxful allow direct crypto purchases with fiat.
Does Coinbase support P2P?
No, Coinbase currently lacks P2P trading.
Which P2P exchange is best for privacy?
Bisq and Hodl Hodl prioritize anonymity and decentralized trading.
Conclusion
P2P exchanges combine decentralization, low fees, and flexible payment options. Always verify seller reputations and use escrow protection for secure trades.
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