Peer-to-peer (P2P) crypto trading means buying and selling cryptocurrencies through a decentralized exchange platform. Through P2P, crypto traders can conduct transactions without need for a third party or a conventional financial institution like a bank.

To buy and sell on a P2P platform, you have to create an account and complete basic identity verification. Once your account is successfully set up, you can begin trading on the platform.

Binance is arguably the most popular P2P platform for trading cryptocurrency. However, there are other alternative platforms for P2P crypto trading.

Here are 5 of the top alternatives to Binance P2P exchange:

Quidax
Obiex
Paxful
Kucoin
Buycoins


Quidax
Quidax is a cryptocurrency exchange platform that offers P2P services. This platform offers cryptocurrencies including Ethereum and Bitcoin for trading through its buy/sell feature,

Obiex
Obiex is an instant cryptocurrency p2p exchange that allows you easily convert your crypto and have the Naira equivalent instantly credited to your bank account. It is a simple-to-use digital asset exchange that makes buying and selling of cryptocurrencies including USDT, BTC, ETH, SOL & ADA simpler, faster with minimal transaction confirmation time. Find out how to use P2P on Obiex by watching this short video. Obiex also offers leveraged token and dollar cards that can be used on any platform.

Paxful

Paxful is a peer-to-peer crypto exchange platform that specializes in Bitcoin trading. Users can sell and buy BTC via numerous payment methods including PayPal, debit cards, credit cards, gift cards and western union.

Kucoin

Kucoin is a p2p crypto service provider that allows users buy, sell and store cryptocurrencies. This exchange platform provides access to hundreds of crypto coins and tokens, margin trading and staking.

Buycoins

Buycoins is a P2P exchange platform that lets you buy and sell crypto assets such as ETH, BTC and USDT. Users can also store their cryptocurrency on the platform and take advantage of the super fast trading system.

Hmm

LocalBitcoins*
In addition