7 Best P2P Crypto Exchanges of 2025 – Updated Review

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With decentralized, secure, and flexible trading options gaining traction, peer-to-peer (P2P) crypto exchanges are increasingly popular. After testing over 30 platforms, we've curated the top seven P2P crypto exchanges for 2025.


Top 7 P2P Crypto Exchanges

P2P exchanges facilitate direct fiat-to-crypto trades without intermediaries. Here are the leading platforms this year:

Comparison Table

| Exchange | Supported Crypto | Payment Methods | Liquidity | KYC Requirement |
|------------------|------------------|-----------------|-----------|-----------------|
| OKX | 4+ | 600+ | High | Yes |
| Binance P2P | 11+ | 800+ | High | No |
| Paxful | 4+ | 350+ | High | Yes |
| HTX | 7+ | 98+ | High | No |
| LocalCoinSwap| 10+ | 250+ | Medium | No |
| KuCoin P2P | 5+ | 100+ | Medium | Yes |
| Bisq | 2+ | 53+ | Medium | No |


1. OKX – Best Overall P2P Exchange

OKX leads with 100+ fiat currencies, 900+ payment methods (bank transfers, SEPA, SWIFT), and zero transaction fees. Its escrow system ensures secure trades, while vendor stats (completion rate, ratings) enhance transparency.

👉 Trade securely on OKX


2. Binance P2P – Largest Liquidity

Binance P2P offers high liquidity with 800+ payment options (Wise, Alipay, Zelle). Vendor metrics (completed orders, ratings) help identify reliable traders.


3. Paxful – Beginner-Friendly

Paxful supports 250+ payment methods (PayPal, gift cards) but lacks vendor completion rates. Opt for sellers with no negative reviews.


4. HTX (Huobi) – Advanced Trading

Formerly Huobi, HTX supports 7+ cryptos with 24/7 customer support and commission-free trades.


5. LocalCoinSwap – Decentralized Option

LocalCoinSwap charges just 1% fees and supports 10+ cryptos, ideal for localized trades.


6. KuCoin P2P – Altcoin Focus

KuCoin P2P excels in altcoin trading with fee-free options in emerging markets.


7. Bisq – Fully Decentralized

Bisq operates without KYC, supporting Bitcoin and Monero via 20+ payment methods.


Key Takeaways


FAQ

What is the safest P2P crypto exchange?

OKX and Binance P2P lead with robust escrow systems and vendor transparency.

Are P2P exchanges legal?

Yes, but regulations vary by region. Always comply with local laws.

Which P2P platform has the lowest fees?

LocalCoinSwap (1%) and Bisq (0.1–0.7%) offer competitive rates.

👉 Explore OKX’s P2P marketplace


Final Tip: Prioritize platforms with escrow, clear vendor stats, and diverse payment options for a seamless trading experience.


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