How to use Bybit P2P

Step by step

1. Have a verified account first

   P2P sits behind the same account and identity check as the rest of the platform — most venues will not let an unverified account trade with strangers. The account-opening guide linked below covers that part.

2. Open the P2P section and pick a direction

   Choose buy or sell, then the asset and your local currency. The listing screen shows counterparties with their prices, limits and completion rates — the rate history matters more than the best headline price.

3. Filter by payment method

   Filter the listing to a payment method you actually hold. Chasing an unfamiliar payment app for a slightly better price is how most P2P mistakes start. ACH bank transfer is the dominant deposit rail; the ACH Network connects essentially all US bank accounts and is operated by the Federal Reserve's FedACH and The Clearing House's EPN.

4. Place the order — escrow takes over

   Once you open an order, the marketplace locks the seller's crypto in escrow. It stays locked until the payment is confirmed, which is what makes trading with a stranger workable at all.

5. Pay exactly as instructed, then confirm

   Send the payment through the agreed method, mark it as paid, and wait for the counterparty's confirmation to release the crypto. Never release or confirm outside the platform's own flow — the escrow only protects the trade it can see.