How to Buy Coins on Bybit’s P2P Platform

Beginner
All About P2P Platforms
Feb 11, 2025
3 min read

AI Summary

Show More

Detailed Summary

Here’s a step-by-step guide to help you — as a buyer — start your first P2P transaction on Bybit.

Key Steps:

  1. Find and Select an Offer – Navigate to Buy Crypto → P2P Trading, filter advertisements based on coin type, fiat currency, and payment method, then select a suitable offer.

  2. Make Payment Securely – Enter the amount you wish to buy, transfer funds to the seller within the given time, and click Payment Completed to confirm.

  3. Receive Your Coins – Once the seller releases the coins, they will appear in your Funding Account. If the seller delays, you can request assistance from Bybit’s support team.

EN_2409-T35020_Learn_Read_to_Earn_728x90.png

On Desktop

Step 1: Please click on Buy Crypto –> P2P Trading on the top left corner of the navigation bar to enter the P2P trading page. 

Buy_Coins_on_Bybit’s_P2P_Platform_1.png

*To buy coins with P2P Block, click on Block.

Buy_Coins_on_Bybit’s_P2P_Platform_2.png

Step 2: On the Buy page, you can filter advertisers by entering your desired criteria for CoinType, Amount, Fiat Currencies, Payment Methods and more, based on your transaction needs. 

Notes:

  • Under the Advertiser column, the displayed order quantity and percentage refer to:

    • Number of orders made in 30 days

    • Completion rate in 30 days

  • Under the Price column, you can see the reference price that the counterparties are offering. 

  • Under the Limits column, advertisers have listed the minimum and maximum transaction limits per order — in fiat terms — for each advertisement.

  • Under the Payment Method column, you can see all supported payment methods for the advertisement you’ve selected. 

  • Certain orders require verification, which means you will have to provide certain  identity proofs before proceeding with orders. 

Step 3: Choose your preferred advertisement, and click on Buy USDT

Buy_Coins_on_Bybit’s_P2P_Platform_3.jpg

Step 4: Enter the amount of fiat you want to pay, or the number of coins you want to receive, and click Buy to proceed. 

Buy_Coins_on_Bybit’s_P2P_Platform_4.jpg

You’ll be redirected to the order page, where you will have to transfer the money to the seller’s bank account within the time limit provided by the countdown timer. Please verify that all the order details are correct before proceeding. 

Note:

  • As P2P transactions are only processed via the Funding Account, ensure that your funds are in your Funding Account before starting a transaction.

  • Your bank account name must be consistent with your registered name on Bybit. Otherwise, the advertiser may cancel the order and issue a refund.

  • P2P on Bybit offers zero transaction fees for both buyer and seller. However, traders may need to pay transaction fees to the payment provider based on the payment method selected. 

Step 5: Click on Payment Completed once you’ve completed the payment. Acknowledge the rules, and click on Confirm Payment if you’ve provided the necessary information.

Buy_Coins_on_Bybit’s_P2P_Platform_5.jpg

Live Chat box is supported, allowing you to easily communicate with sellers in real time.

Step 6: 

a. Once the coins you’ve purchased have been successfully released by the seller, you can check your assets in your Funding Account. You can also check your order status from the P2P order history

Buy_Coins_on_Bybit’s_P2P_Platform_7.jpg

Buy Crypto via Bybit’s P2P Platform

b. If the seller fails to release the coins after 10 minutes, you can click on the Need Help buttonand our customer support team will reach out to you. During this period, please do not cancel the order unless you’ve received a refund from your seller.

Buy_Coins_on_Bybit’s_P2P_Platform_6.png

If you encounter any issues with your order, please send your inquiry via this form and specify your concerns.

Please provide your UID, P2P order number and any applicable screenshot(s) to ensure that your problems can be solved more efficiently.

Skinny_Banner-1600x400.webp

#LearnWithBybit

Bybit App
Earn the smart way