17/12/2022
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Explain how to trade p2p crypto on bitpasha exchange
Bitpasha is a peer-to-peer (P2P) cryptocurrency exchange that allows users to buy and sell cryptocurrencies directly with each other without the need for a central authority. Here's a step-by-step guide on how to trade P2P on Bitpasha:
Create an account: To start trading on Bitpasha, you'll need to create an account by providing your email address and creating a password.
Verify your identity: Bitpasha requires users to verify their identity to comply with anti-money laundering and know-your-customer (AML/KYC) regulations. This typically involves uploading a government-issued ID and a selfie with the ID.
Add a payment method: Bitpasha allows users to buy and sell cryptocurrencies using a variety of payment methods, including bank transfers, e-wallets, and mobile money. You'll need to add at least one payment method to your account before you can start trading.
Find a trade: Once you've set up your account and added a payment method, you can browse the available trades on the Bitpasha platform. You can filter the trades by currency, payment method, and location to find a trade that meets your needs.
Initiate the trade: When you find a trade that you want to make, click the "Buy" or "Sell" button to initiate the trade. You'll need to enter the amount of cryptocurrency you want to buy or sell and agree to the terms of the trade.
Make the payment: Once you've initiated the trade, you'll need to make the payment to the seller or buyer using the agreed-upon payment method. You'll need to make the payment within the time limit specified in the trade terms to complete the trade.
Release the cryptocurrency: Once the payment has been received and verified, the seller will release the cryptocurrency to your Bitpasha wallet. If you're the seller, you'll need to release the cryptocurrency to the buyer once you've received the payment.
That's it! You've successfully completed a P2P trade on Bitpasha. It's important to note that P2P trades can carry more risk than trades on centralized exchanges, so it's important to do your due diligence and only trade with reputable users.
Bitpasha is a p2p crypto exchange marketplace where people can trade crypto directly with each other.
