Which app is best for P2P trading?

There are several P2P trading apps available, but the best one for you depends on your needs. All of our picks for the best P2P trading platforms are available to download as apps, so research and compare your options before you decide.

Is P2P the best way to buy crypto?

Peer-to-peer crypto trading is less common than traditional spot and futures trading. Although the exchange acts as an intermediary between buyers and sellers, P2P platforms are unique in that they do not support order-book trading – all trades are settled off the exchange using fiat currency. While this may not be the most practical way for some traders to buy and sell, it can be advantageous for those looking to cash out their cryptos to fiat currency. Make sure you've thoroughly researched other ways to buy crypto before deciding to use a P2P trading platform.

Crypto trading of any kind is highly volatile and high risk. Before trading on a P2P platform, make sure you're across the fundamentals of how to trade crypto as well as the specific safety concerns in trading peer-to-peer. Read or watch your chosen P2P exchange's how-to tutorials before making any trades, as these will highlight any unique platform features or quirks. If the P2P exchange you're using allows communication with other traders, never release any personal information – phishing scams are common and can result in lost funds.