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How to Sell Cryptocurrency on Bitget via P2P? - Website Guide
[Estimated Reading Time: 4 minutes]
This guide provides a step-by-step walkthrough for selling cryptocurrency on the Bitget P2P marketplace. Follow the steps below to purchase crypto securely and efficiently.
How to Sell Cryptocurrency via P2P on Bitget Website?
Step 1: Access the P2P Trading Page
1. Navigate to the P2P Trading section via the main menu on the Bitget website by clicking [Buy Crypto] and selecting [P2P Trading].
Step 2: Set Up or Confirm Your Payment Methods
1. Navigate to [P2P Management]: Click on the menu button (three dots) on the top right next to the notification icon and select [Payment Methods].
2. Click [Add Payment Methods]: Enter the required details for your preferred payment methods and save them. Ensure that the account information matches your verified Bitget account name.
3. Important Note: Bitget P2P only supports payment methods that match the name on your KYC-verified account.
Step 3: Choose a Buyer and Place an Order
1. On the P2P trading page, select the [Sell] tab and choose the cryptocurrency you wish to sell (e.g., USDT, BTC).
2. Use the filter options to:
- Select your cryptocurrency.
- Enter your fiat currency sell amount.
- Choose your preferred payment method.
3. Review the available sellers, focusing on:
- Price per crypto unit.
- Trade limits.
- Buyer's completion rate.
4. Click [Sell] next to your preferred seller.
Step 4: Enter Order Details and Confirm
1. Input the amount of fiat currency or cryptocurrency you want to trade.
2. Review the trade limits and order details to ensure they match your requirements.
3. Click [Sell Now] to confirm your order.
Step 5: Verify and Receive Payment
1. Once the buyer confirms the payment, check your banking app to verify that you have received the fiat currency.
2. Important Note:
- Ensure you have received the exact payment amount before releasing your cryptocurrency.
- Do not rely solely on bank transfer screenshots. Always log in to your receiving account to confirm the payment.
- Avoid releasing coins based on unverified payment methods or promises of delayed arrivals. Taking these precautions helps protect your assets from potential losses.
Step 6: Release the Cryptocurrency
1. After confirming receipt of the payment in your account, click [Confirm the payment and send the coins] to release the cryptocurrency to the buyer.
2. You can view your transaction details and history anytime in your [Funding Account].
FAQs
1. What should I do if the buyer claims to have paid but I haven’t received the fiat?
- Double-check your payment account to verify if the transfer has been made. Do not rely solely on screenshots provided by the buyer.
- If you haven’t received the payment, do not release the cryptocurrency.
- Use the [Appeal] button within the order details to report the issue to Bitget. The platform will mediate the situation by reviewing the buyer’s payment evidence and your account status.
2. How can I ensure I’m not scammed when selling cryptocurrency?
- Always verify the payment directly in your receiving account (bank, payment app, etc.) before releasing cryptocurrency.
- Avoid trusting payment screenshots or unverifiable methods such as delayed transfers.
- Only use payment methods that are fully verified in your Bitget account and match your name.
3. What happens if the buyer fails to transfer the fiat before the order time expires?
- If the buyer doesn’t complete the payment within the allotted time, the system will automatically cancel the order.
- Your cryptocurrency will remain in your wallet, and no assets will be deducted.
4. Are there risks if I release the crypto without verifying the payment?
- Yes, releasing cryptocurrency without verifying the payment in your account can result in asset losses.
- Always ensure you’ve received the exact amount before clicking [Confirm the payment and send the coins].
5. How can I protect myself when using P2P trading?
- Use payment methods that match your KYC-verified name to avoid disputes.
- Only release cryptocurrency after verifying the payment in your receiving account.
- Report suspicious activity immediately using the [Appeal] button.
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