how to sell on bybit p2p

To initiate P2P trading on Bybit, new users must establish an account and complete KYC verification for secure and compliant transactions.

Oct 27, 2024 at 11:00 am

How to Sell on Bybit P2P

1. Create a Bybit Account

• Visit the Bybit official website (https://bybit.com/) and click on "Register" in the top right corner.
• Enter your email address, choose a password, and complete the registration process.

2. Verify Your Identity (KYC)

• Bybit requires KYC verification for P2P trading.
• Click on "KYC Verification" under the "Account & Security" tab in your Bybit dashboard.
• Follow the instructions to complete the verification process.

3. Create a P2P Advertisement

• Click on the "P2P" tab in your Bybit dashboard.
• Select the "Sell" option and choose the cryptocurrency you want to sell.
• Set the price, payment methods, and other terms of your trade.
• Click "Create Advertisement" to publish your offer.

4. Wait for Buyers

• Once your advertisement is created, it will be displayed to potential buyers on the Bybit platform.
• Buyers interested in your offer will contact you through the chat function.

5. Negotiate and Trade

• Negotiate the final trade details, such as the exact amount to be sold and the payment method.
• Once the terms are agreed upon, release the cryptocurrency to the buyer after receiving payment.

6. Confirm the Trade

• After receiving payment, confirm the trade on the Bybit platform.
• The cryptocurrency will be credited to the buyer's account, and you will receive the corresponding payment in your chosen method.

7. Complete the Order

• Once the trade is confirmed, both parties should rate each other's experience.
• If any disputes arise, Bybit's customer support team can assist in resolving them.

Additional Tips:

• Price your cryptocurrency competitively to attract buyers.
• Offer multiple payment methods to increase your chances of success.
• Respond promptly to buyer inquiries and be transparent in your communication.
• Follow Bybit's trading guidelines and terms of service to ensure a smooth and secure experience.