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Pseudo-anonymity, fast transactions and 24/7 trading are a few of the reasons why cryptocurrency trading has become so popular in recent years. But for many people, buying and selling cryptocurrencies can be daunting. Spot trading and Derivatives may come to mind when we think about trading cryptocurrency; however, there are far easier ways to trade crypto and earn money without having to stare at complicated charts all day. One example is peer-to-peer (P2P) trading.
Key Takeaways:
P2P trading involves two individuals trading cryptocurrency directly with each other without a middleman or third party.
Some of the ways to make money with P2P trading on Bybit include crypto arbitrage trading, arbitrage with fiat, as well as buy and sell ads.
P2P trading involves two individuals trading cryptocurrency directly with each other without a middleman or third party. It’s beneficial to both parties as they get to select their preferred payment method and a price on which both parties agree. This type of trading is also referred to as over-the-counter (OTC) trading.