Best P2P Crypto Exchanges

Crypto veterans will likely recognize HTX, formerly known as Huobi, which ranks among the largest trading platforms with a massive $1 billion+ in volume.

In September 2018, HTX introduced a P2P functionality, and it has recently been integrated with Telegram for even greater accessibility. It has become the first peer-to-peer crypto exchange to do so on the popular messaging app.

As a result of this integration, there’s no need to switch between different apps or websites. Simply search for HTX on Telegram and locate the mini app. Select your preferred language to start trading or participate in P2P or referral activities.

For users who prefer a more traditional approach, HTX’s established P2P crypto exchange software is still available via its website and mobile app. Both platforms boast sleek, user-friendly interfaces suited for traders of all levels. This platform implements essential security measures, including KYC verification and escrow service.

Additionally, a 50,000 USDT security fund incentivizes traders to report fraud through the platform’s Guardian Project. If you report any unusual ads, misleading listings, or signs of illegal activity, and the submission is validated, you can receive between 10 to 200 USDT.

Key Features

Bitcoin peer-to-peer is not the only specialty of HTX. There are others worth noting:

• Transparent Listing. Discover a spread of offers with helpful tags, such as "Most Popular", "Low Threshold", and other details like Payment Method and Purchase Limits. All this info will come in handy in your decision-making.
• Zero Commission Fees. Trade on a P2P marketplace without worrying about hidden fees eating into your profits.
• Global Coverage. HTX's peer-to-peer is available in over 170 countries. Plus, it features more than 59 local payment methods.

• Anti-Fraud Practitioner. Before any fraud sneaks into your transaction, HTX will immediately prevent it from happening with its high-grade transaction scanning and detection engines.
• Layered KYC. Merchants who'd like to join need to complete a Facial Recognition and obtain a certified Advertised Verification. Such steps are necessary to implement a regulated and safe trading process for everyone.

Finally, there is the Guardian Project. If you're someone who loves hunting bugs (and no, I'm not talking about bees and beetles, but security bugs), you can get a reward of up to 50,000 USDT for your contribution in preventing illegal activities on the platform.

Coinbase is one of the most well-known and user-friendly cryptocurrency exchanges globally, especially popular in the United States. Founded in 2012 and headquartered in San Francisco, it has grown into a publicly traded company (NASDAQ: COIN), which adds to its credibility and transparency. Coinbase is often the first choice for beginners due to its simple interface and straightforward buying process.

As of 2025, Coinbase supports over 290 cryptocurrencies, including major assets like Bitcoin (BTC), Ethereum (ETH), and a wide range of altcoins. It caters to different user levels through two platforms:

• Coinbase (Standard Platform): Focused on beginners, offering easy buying, selling, and holding of crypto.
• Coinbase Advanced (formerly Coinbase Pro): Designed for more experienced traders, providing advanced charting tools, lower fees, and a range of order types.

Coinbase places a strong emphasis on security to protect user funds and data. It secures approximately 98% of customer assets in cold storage, keeping them offline and away from potential hackers. Additionally, two-factor authentication (2FA) is required for account access, adding an extra layer of protection.

For US-based customers, USD balances are FDIC-insured up to $250,000, providing a safety net in case of platform issues. Sensitive user data is safeguarded through encryption protocols, ensuring that personal and financial information remains private. Coinbase also runs a bug bounty program, encouraging security researchers to report vulnerabilities, which helps maintain the platform’s robust defense systems.

BYDFi, established in 2020 as BitYard and rebranded in 2022, is a one-stop trading platform known for its easy-to-use tools. It offers diverse options, including perpetual contracts, copy trading, and one of the best P2P exchange setups on the market.

The platform's intuitive design ensures straightforward navigation and trade completion, while its strong emphasis on security is backed by an escrow service that securely holds funds until both parties confirm payment.

The P2P platform supports a more limited selection of seven fiat currencies (USD, CAD, HKD, IDR, PHP, RUB, and VND) and four cryptocurrencies (USDT, BTC, ETH, and XRP) compared to other platforms, but still offers a variety of payment methods, including bank transfers and digital wallets.

If you're interested in posting your own ads, you can sign up as a certified merchant to gain a special badge, enhancing your reputation and allowing higher crypto amounts per ad.

With its combination of ease, security, and a wide range of payment and privacy options, it’s no wonder it ranks among the best P2P crypto exchanges available today.

Key Features

BYDFi's P2P doesn't just connect buyers and sellers. It also connects you to a protected trading environment. Let's see the details:

• Interchangeable Payment Method. On BYDFi, the P2P market is seamlessly connected to Quick Buy, so you can buy crypto immediately without jumping through hoops.
• Responsive Customer Support. Whether it's a stuck deposit or login problem, click on the bright yellow circle button in the bottom right. Type in the issue you're facing, support it with any attachments if needed, and the customer support will immediately be at your service.
• Best Deal, Prioritized. Sometimes, people take the P2P trading route due to its low fees. BYDFi understands that assignment to the dot, putting the trade ads with the lowest prices at the top.

• Easy Onboarding. If you're a buyer, simply navigate the P2P marketplace, configure the fiat currency for the payment, select a merchant, and check out your order. Best of all, you won't be incurred with any charges.
• Merchant Certification. BYDFi ensures only serious merchants apply to its P2P program.

To sum up, BYDFi's P2P is a win-win for both parties. As a seller, you can obtain the verified badge and build trust within the community. As a buyer, you can trade without getting caught in shady dealings. Give it a try and see how smooth sailing peer-to-peer can be.

With over 100 regional payment methods and support for 100+ fiat currencies, OKX's P2P platform stands as one of the best P2P crypto exchanges, aiming to make peer-to-peer trading globally accessible, particularly for those without traditional banking access. As stated in their blog:

Peer-to-peer (P2P) trading is emerging as a beacon of hope, offering a lifeline to those in developing countries who've been left on the sidelines of the conventional financial landscape.

OKX charges zero fees on P2P trades, though specific payment methods might incur rates. With over 60 million registered users worldwide, this P2P exchange offers broad opportunities for matching with counterparties, often resulting in competitive prices and smoother transactions.

The platform also offers a tiered merchant program that gives verified sellers various perks such as increased ad exposure, priority customer support, and ad limits up to $150,000.

Now, you might notice that OKX has a DEX platform. If you’re looking for a decentralized P2P exchange, sadly, it’s not yet available here.

📚 Related: Best Decentralized Exchange

Key Features

Some users say they prefer OKX to any P2P exchange software out there. What could be their reason? Here are some clues:

• Easy Onboarding. Don't know where to get started? OKX will show you how. There are two videos - for buying and selling - that you can effortlessly follow.
• Express Trading. Apart from the usual P2P interface, you can also use the "Express" tool, which simplifies the whole process, resembling the quick crypto purchasing with fiat many exchnages offer.

• Deep Filters. Use the sorting or the filter tool, or better yet, enter the budget you have for the P2P transaction in the currency of your choice.
• Tiered Merchant Program. Be part of OKX's global network of merchants. Level up to Super or Diamond level for extra perks like increased pending order, customer support priority, and higher trading limit.
• Block Trading Integration. This P2P marketplace allows you to move large amounts of crypto, worth up to $10,000, in a breeze.

Admittedly, it's hard to find a P2P crypto exchange with no KYC, but I personally think that's more of a blessing than a curse. Exchanges like OKX, for instance, protect their users from money laundering with a mandatory KYC policy. So, if security matters highly to you, OKX is one platform that takes compliance seriously.

Kraken is one of the longest-standing and most reputable cryptocurrency exchanges in the world, founded in 2011 and based in San Francisco, USA. It is known for its strong focus on security, regulatory compliance, and a diverse range of supported cryptocurrencies. As of 2024, Kraken supports over 360 cryptocurrencies, making it one of the more versatile platforms for traders and investors looking to access a broad selection of digital assets.

Kraken is popular among both beginners and experienced traders because it offers a variety of trading options, including spot trading, margin trading, futures contracts, and staking services. Its trading fees are competitive, typically ranging between 0.00% and 0.4%, depending on the user’s trading volume and order type.

Security is one of Kraken’s most notable strengths. It employs cold storage for the majority of user funds, two-factor authentication (2FA), SSL encryption, and strict surveillance of its systems. Additionally, Kraken has a Proof of Reserves audit feature, ensuring customers that their funds are adequately backed.

The platform also follows regulations in multiple regions worldwide, including the US, UK, Canada, and Australia. So, it is a great option if you’re looking for a platform with strong regulatory compliance.

Crypto.com is a prominent player in the cryptocurrency world, offering a comprehensive suite of financial services centered around digital assets. Founded in 2016, the platform has grown rapidly, boasting a user base of over 100 million by mid-2024.

Crypto.com provides a user-friendly app for buying, selling, and trading around 400 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and many altcoins. Beyond its exchange services, Crypto.com offers a non-custodial DeFi wallet, an NFT marketplace, and even a direct payment service for cryptocurrency transactions.

One of Crypto.com's most recognizable features is its Visa card, which allows users to earn cashback in CRO, the platform's native token, on their everyday spending. The card comes in various tiers, each offering different levels of rewards and perks, such as rebates on streaming subscriptions and airport lounge access.

Crypto.com also takes security seriously. It holds all customer assets deposited on our platform in institutional-grade reserve accounts on a 1:1 basis. Users’ accounts are protected by the latest security advancements, including Passkeys, HSMs, and FIDO2, as well as MFA methods like passwords, biometrics, and authenticator codes.

It also runs an active bug bounty program on Hacker One, where people can disclose security vulnerabilities on the platform and get rewards.

Gemini is a prominent cryptocurrency exchange established in 2014 by Cameron and Tyler Winklevoss with its headquarters in New York. It caters to both novice and experienced traders, offering a secure and user-friendly platform for buying, selling, and storing digital assets.

Currently, Gemini supports around 70 cryptocurrencies, including major assets like Bitcoin (BTC), Ethereum (ETH), and some meme coins like Shiba Inu (SHIB) and Pepe (PEPE). While this list is relatively limited to other big names in the market, it still allows users to diversify their portfolios and explore other investment opportunities.

The platform is known for its user-friendly interface, making it easy for newcomers to buy, sell, and manage cryptocurrencies. For more experienced users, Gemini provides ActiveTrader, a platform with advanced charting tools, multiple order types, and faster order execution.

Another notable feature is Gemini Earn, which allows users to earn interest on their cryptocurrency holdings. Security is also a cornerstone of Gemini's operations. The exchange implements robust measures to protect user assets and data, including:

• Cold Storage: The majority of user funds are stored in offline, air-gapped cold storage systems, safeguarding them from online threats.
• Two-Factor Authentication (2FA): Users are required to enable 2FA, adding an extra layer of security to account access.
• SOC Certifications: Gemini has achieved SOC 1 Type 2 and SOC 2 Type 2 certifications, demonstrating its commitment to industry-leading security standards.
• Insurance Coverage: Digital assets held in Gemini's hot wallet are insured against security breaches and fraudulent transfers.

All in all, Gemini stands out as a reliable and secure cryptocurrency exchange, offering a comprehensive suite of features tailored to meet the needs of a diverse user base.

CEX.IO, founded in 2013, has evolved from a Bitcoin cloud mining service into a comprehensive cryptocurrency exchange, serving over 15 million users globally. As of 2025, the platform supports more than 220 cryptocurrencies, including major assets like Bitcoin (BTC), Ethereum (ETH), and a diverse range of altcoins, enabling users to diversify their digital portfolios.

The platform offers a user-friendly interface suitable for both beginners and experienced traders. Users can fund their accounts through various methods, including credit/debit cards, bank transfers, and cryptocurrency deposits, providing flexibility in managing funds.

For advanced traders, CEX.IO provides features such as margin trading, stop-loss orders, and limit orders, catering to sophisticated trading strategies. Additionally, the platform offers staking services, allowing users to earn rewards by staking supported cryptocurrencies directly on the platform.

CEX.IO employs robust security measures to protect user assets and data, including the use of cold storage solutions to safeguard the majority of user funds offline, minimizing exposure to potential online threats.

Two-factor authentication (2FA) is implemented to enhance account security, requiring users to provide an additional verification step during login. Furthermore, CEX.IO maintains compliance with regulatory standards, ensuring a secure and transparent environment for cryptocurrency trading.