P2P Express offers a streamlined peer-to-peer trading experience on the Bybit App, enabling users to buy cryptocurrency directly from other traders without intermediaries. This feature simplifies the process for beginners by providing instant quotes, eliminating the need to sift through multiple ads.
Key Features & Notes
- Availability: P2P Express is exclusive to the Bybit App (not accessible via web).
- Account Requirement: Transactions require fiat funds in your Funding Account—transfer funds beforehand.
- Fees: Bybit charges zero fees, but payment providers may apply transaction fees.
Security Measures:
- High-risk transactions trigger a 24-hour withdrawal restriction.
- Bank account names must match your Bybit registration to avoid suspensions or asset loss.
Step-by-Step Guide to P2P Express
Step 1: Access P2P Express
- Navigate to More → P2P on the homepage.
- Select the P2P Express tab at the top of the P2P Trading page.
Step 2: Enter Transaction Details
- Specify the fiat amount or crypto quantity using the Switch button.
- Toggle Exclude ads that require verification to filter ads with no additional checks.
Step 3: Choose Payment Method
Select a preferred payment option to proceed to the Order Preview page.
- Note: Ad prices fluctuate—refresh for updates.
- Verify the advertiser’s requirements and payment method compatibility before proceeding.
Step 4: Complete Payment
A) Orders Requiring Verification:
- Click Verify Now and submit proofs via the Order Chat Box.
- After approval, select Pay Now to notify the seller.
B) Orders Without Verification:
- Transfer funds within the countdown timer.
- Click Payment Completed after transferring the exact amount.
Important Tips:
- Avoid third-party payments—use only your verified account.
- Exclude sensitive terms (e.g., "BTC/USDT") in payment references.
- Confirm the seller’s account details and transfer compatibility.
Step 5: Confirm Payment
- Click Payment Completed only after successful transfer.
- Submit a receipt or transfer amount if prompted.
Step 6: Receive Crypto
- Coins are released to your Funding Account (or Earn Account if Savings is enabled).
- If coins aren’t released, file an appeal via Order Dispute? for support.
FAQs
Q1: Why is my P2P order delayed?
A: Delays may occur due to payment verification, bank processing times, or incorrect seller details. Double-check all info and contact support if needed.
Q2: Can I cancel a P2P Express order?
A: Yes, cancel before payment. Post-payment, disputes must be resolved via appeal.
Q3: How do I contact the seller?
A: Use the Order Chat Box from the order page for real-time communication.
For unresolved issues, submit a request here with your UID, order number, and relevant screenshots.