In the crypto space there are various ways to make money and one of the ways I am here to talk about is the Peer 2 Peer method of buying and selling of Crypto.

We have several exchanges that offer p2p but most of them are out of Markey because they couldn't hold up against scammers and fraudulent money... exchanges like KUCOIN, PAXFUL, REMITANO are all dead in terms of volume, this makes it very boring and less competitive as an exchange... the only two exchanges that have held up the status are just BINANCE and OKX fka (OKEX).

Lets talk about the exchanges so we can see which one is better as a newbie into the booming business of p2p crypto arbitrage:

BINANCE : This is the number crypto exchange in the world as it is known for controlling an immense amount of volume per day but this has come with some really bad results as people have began to take note of the
1.Extreme charges on spot trading, derivative trading (futures)
2. Extreme charges on withdrawal which is all surmounted to $1 on all network and even more on Ethereum network
3. Extreme charges for placing Buy and Sell Ads on the p2p platform.

Now let's focus on the p2p platform because that's where more money is made easily

3 (a) as a non-merchant you are going to be charged at least $1.35 ~ 0.2% on both buy and sell ads
3 (b) as a merchant after paying or depositing your $1000 USDT you would be charged 0.09% fees for buy and sell ads

The charges are extremely high and people have not taken cognisance of it yet but wait until it starts to erk

Although binance offers security Strong one at that


OKX fka (OKEX) : This exchange has been around for long and has revamped alot, they keep changing and offering various opportunities to their users, they are the second largest exchange by volume after binance and also offers strong security... they offer charge free withdrawal with transaction fees as low as $0.09 🎯 on arbitrum network while binance collects $1 on the same arbitrum network, so we can move our USDT without having to spend so much, the volume there is a very decent one

1. Withdrawal fees as low as $0.09 and varies on different network to as high as $0.995 on trx network
2. No buy and sell charges for ads on the p2p section
3. Spot trading is with almost zero fees trading
4. Good interface for users almost as good as binance
5. Merchant registration deposit is just $300 and no lock up