How to Use OKX P2P Trading Safely (Buy and Sell Step by Step)

Peer-to-peer (P2P) trading lets you buy or sell crypto directly with other users, using local bank transfers or e-wallets. The exchange holds the seller's crypto in escrow until the payment is confirmed, which protects both sides when you follow the rules.

Buying crypto with P2P

1. Open the app and find P2P trading.
2. Select Buy, the coin (often USDT) and your local currency.
3. Filter by your payment method.
4. Choose a merchant with a high completion rate and many completed orders.
5. Enter the amount and place the order. The crypto is now locked in escrow.
6. Pay the merchant exactly as shown, using an account in your own name.
7. Tap I have paid. The merchant releases the crypto once they receive the money.

Selling crypto with P2P

1. Select Sell and choose a buyer.
2. Wait for the payment to arrive.
3. Check your actual bank account, not a screenshot, before releasing the crypto.
4. Release only when the full amount has arrived from an account matching the buyer's verified name.

Common P2P scams

• Fake payment screenshots: always confirm in your banking app.
• Moving the chat off-platform: keep all communication inside the order chat.
• Third-party payments: payments from a name that does not match can be reversed later.
• Pressure to release early: scammers create urgency. Take your time.

If something goes wrong, open an appeal inside the order rather than settling privately.