00:00In this video, we'll be ranking the best peer-to-peer, there's P2P cryptocurrency exchanges,
00:07ranking them by escrow, merchant safety, and also payment access, because these are quite
00:13important as P2P trading in itself solves a genuine problem, right? It allows people to buy
00:21and sell digital assets in markets where local currencies, banks, cards, or mobile money services
00:28are poorly supported by conventional exchanges, but it also creates a kind of a unique type of risk,
00:37right? The platform may hold the cryptocurrency in escrow, but it does not control the actual
00:43external bank transfers. As an example, that means that escrow cannot automatically prevent fake
00:50payments in terms of the screenshots provided on these marketplaces, the third-party transfers,
00:56stolen account payments, chargebacks, for example, payment reversals, triangulation fraud,
01:05off-platform impersonation, and bank account investigation. So what we've done is create
01:12a guide that actually ranks the leading peer-to-peer exchanges and marketplaces, including Binance,
01:20Bybit, OKEx, CoinCollar, and this actually also introduces a P2P safety score, which evaluates
01:30our platforms according to escrow and dispute payment systems, merchant verification, completion rates,
01:38and order history, payment name matching, as well as marketplace liquidity, and payment method
01:46availability, as well as fraud controls, and the all-important P2P pricing premiums. So what we've
01:53kind of established is that there is a general simple rule, right? Which is never release cryptocurrency
01:59because somebody sent you a screenshot or receipt or email or SMS, right? Release only after the exact
02:07payment is visible and settled inside your own bank or payment account. And the pairs name should also match
02:16the verified buyer. But for a first P2P trade, I think it's always important to start with a very small
02:23amount
02:24and use an established merchant. Keep communication on the platform and use an account in your own name
02:32and read every merchant condition. Reject third-party payments. Also open an appeal before you cancel
02:40and preserve every payment record because the safest merchant is not always the one offering the cheapest price.
02:48Payment finality matters more than just the headline rate. So if you're really interested in checking out
02:55the full guide, it is available on our site. Like I said, what we've done is kind of classified all
03:04of these
03:04by categories and kind of the leading platforms in that category. And then also just the primary
03:08advantages. So for example, the best overall P2P marketplace has to be Binance, which has a broad
03:15merchant network and also fiat coverage and integrated exchange markets. You can find the link to Binance
03:21in the description. The one for kind of ideally the best for payment method variety is definitely Bybit
03:30because it offers you a large selection of supported payment methods in the eligible markets. And also
03:35you've got a kind of OKX, which is the best integrated exchange and also has the web through your route.
03:43All right. So P2P access connected to sport trading automation and also wallets. You can also use one
03:49of the oldest P2P platforms out there like CoinCollar, which is best for specialist original marketplaces,
03:56localised bank and mobile money markets supported in different regions. And yeah, you know, these are
04:04some of the top places that you can do P2P on. So let me know what your thoughts are. All
04:10the links
04:10will be in the description. The link to the full guide on decentralized news is also in the link down
04:16below. Actually, subscribe and turn on the notifications. I'll see you guys in the next videos. Peace.
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