Guides All About P2P Platforms

How to Buy Coins on Bybit’s P2P Platform

Beginner
All About P2P Platforms
Jan 20, 2022

Here’s a step-by-step guide to help you — as a buyer — start your first P2P transaction on Bybit.

On Desktop

Step 1: Please click on Buy Crypto –> P2P Trading on the top left corner of the navigation bar to enter the P2P trading page. 

Step 2: On the Buy page, you can filter advertisers by entering your desired criteria for AmountFiat Currencies or Payment Methods, based on your transaction needs. 

Notes:

  • Under the Advertiser column, the displayed order quantity and percentage refer to:
    • Number of orders made in 30 days
    • Completion rate in 30 days
  • Under the Limits column, advertisers have listed the minimum and maximum transaction limits per order — in fiat terms — for each advertisement.
  • Under the Payment Method column, you can see all supported payment methods for the advertisement you’ve selected. 

Step 3: Choose your preferred advertisement, and click on Buy USDT

Step 4: Enter the amount of fiat you want to pay, or the amount of coins you want to receive, and click Buy to proceed. 

You’ll be redirected to the order page, where you have 15 minutes to transfer the money to the seller’s bank account. Please verify that all the order details are correct before proceeding. 

Note:

  • Your bank account name must be consistent with your registered name on Bybit. Otherwise, the advertiser may cancel the order and issue a refund.
  • P2P on Bybit offers zero transaction fees for both buyer and seller. However, traders may need to pay transaction fees to the payment provider based on the payment method selected. 

Step 5: Click on Payment Completed once you’ve completed the payment. 

Live Chat box is supported, allowing you to easily communicate with sellers in real time.

Step 6

a. Once the coins you’ve purchased have been successfully released by the seller, you can click on Check Asset to view them, along with your transaction history. You can also check your order status from the P2P order history

Buy Crypto via Bybit’s P2P Platform

b. If the seller fails to release the coins after 10 minutes, you can click on Submit Appeal

Our customer support team will reach out to you. During this period, please do not cancel the order unless you’ve received a refund from your seller.

If you encounter any issues with your order, you can visit the Bybit page and click on the support icon in the bottom right corner to contact Bybit Live Chat support — or drop an email to support@bybit.com.

To help you solve any problems more efficiently, please provide your UID, P2P order number and any applicable screenshot(s).