P2P Express is designed to be a fast and efficient peer-to-peer transaction, allowing P2P traders to sell crypto from other traders without intermediaries on the Bybit App. It makes it easy for beginner users to quickly get quotes without the hassle of sorting through numerous ads.

Important Notes:

— Please note that P2P Express is only available on the App. 

— P2P transactions with Fiat will only be processed via the Funding account so please ensure that your funds are in your Funding account before starting a transaction.

— P2P on Bybit offers zero transaction fees for both buyer and seller.

— In order to provide a safer trading environment, our system comprehensively evaluates every transaction to determine its risk level. Should the transaction be deemed risky, a 24-hour withdrawal restriction will be imposed on the relevant account(s).

— Your bank account name must be consistent with your registered name on Bybit. Otherwise, your account might be suspended and the buyer has a right to refuse to purchase the coin with you.

Here’s a step-by-step guide to help you — as a seller — start your first P2P Express transaction on Bybit.

Step 1: On the homepage, please click on More → P2P Trading, and at the top of the P2P Trading page, select the P2P Express tab.

Step 2: Enter the amount of coins you want to sell, or the amount of fiat you want to receive by tapping the Switch button.

Step 3: Select the payment method that you want to use to receive the fiat and you will be directed to the Order Preview page.

Note:

• Some advertisers may have special requirements for their counterparties. Please make sure you read the Advertiser Requirements before proceeding with the transaction.

• The payment method listed by the advertiser will be shown. If you have not added the matched payment method, please add it by clicking the Add Payment Method button and filling in your payment receiving account. 

Step 4: Complete the verification for confirmation. 

Step 5: You will be redirected to the order page, where you will see a countdown timer during which the buyer needs to complete the payment.

Important note: By clicking on Contact Buyer, you will be redirected to the Order Chat Box which allows you to easily communicate with buyers in real time.

Step 6: Please make sure you've received the funds from the buyer before ticking the confirmation box and releasing your coins. If you have not received the funds, please select “I have not received the payment in my available balance” and click OK.

a. Once you’ve successfully received the payment from the buyer, click on Release Now to release your coins. You will be asked to confirm receipt of the payment from the buyer. Once clicked on Release Now, complete the security verification for confirmation.

If you have not yet set up the security verification on your account, please refer to the following articles for detailed guides on

• How to Bind Your Account’s 2FA via Google Authenticator 

• How to Set Up Your Fund Password

b. Order transaction has failed:

1) If the buyer fails to complete the payment within the timeframe, the order will automatically be canceled. The coins reserved on the P2P platform will also automatically be returned to your Funding Account.

2) If you’re notified that the payment is completed, but have yet to receive the payment, please communicate with the buyer in the Order Chat Box to check whether the provided payment method is correct and the payment status first. After confirmation, you may submit an appeal by clicking on Order Dispute? to request assistance from the P2P Specialist. Find out more about the P2P appeal process in this article.

If you are no longer able to submit an appeal request as your order was completed or canceled more than 5 calendar days ago, please send your inquiry via this form and specify your concerns. To help you solve any problems more efficiently, please provide your UID, P2P order number, and any related screenshot(s).

You can view the Order History by going to Orders from the P2P Trading page.