Here’s a detailed step-by-step guide on how you — as an advertiser — can post your first P2P advertisement on Bybit.
Step 1: Please click on Buy Crypto --> P2P Trading on the top left corner of the navigation bar to enter into the P2P trading page.
Step 2: In the upper right hand corner of the P2P trading page, click on Ads --> Post My Ads.
Step 3: You can create your ideal advertisement by configuring the following settings:
a. Select advertisement type: Buy or Sell
b. Select your preferred fiat currency
— Currently, a total of nine fiat currencies are supported: INR, VND, AUD, HKD, MYR, PHP, RUB, TWD and UAH.
— Currently, only USDT is supported.
- Price Settings
a. Enter either the Fixed Price or Floating Price
b. Enter the price (per USDT) or premium that you want to offer
A fixed offer price will not fluctuate based on market movements, whereas a floating offer price is calculated by multiplying the premium and the reference price.
- Transaction Settings
a. Enter the total quantity you want to trade
b. Enter the minimum transaction amount per ad
c. Enter the maximum transaction amount per ad
To learn more about the minimum and maximum amounts of USDT that can be traded per ad, please refer to Bybit P2P — FAQ.
- Requirements for the Counterparty
a. Select No Requirements or Identity Verification Required for the buyers/sellers you want to trade with
This setting will allow you to filter through only the more credible counterparties, but may also reduce the level of exposure that your advertisements will get.
a. Leave your remarks for your potential buyers or sellers
- Payment Method
a. Click on New Payment Method -> Add Now, and you will be directed to the P2P User Center to add your payment method.
For more information on adding payment methods, please refer to the How to Add a Payment Method for P2P Trading.
You are almost there!
- Ad to Be Posted
a. Confirm that all the information you have entered into your advertisement is accurate
b. Click to accept the agreement
c. Click on Post My Ads
- Security Verification
a. Enter the six (6)-digit Google Authenticator 2FA security code that has to be accessed via your Google Authenticator App.
b. Click on Confirm
Next, you will be redirected to the Active page under My Ads, so that you can view the details of your advertisement.
Congratulations! Your ad is now successfully posted.
How to become a P2P merchant?
You can become a P2P merchant and post an ad if the following conditions are met:
1. Link your mobile number
2. Link your email address
3. Make sure your funding wallet balance >100 USDT
4. Made a minimum of 5 buy trades in the past 15 day(s)
5. Complete KYC verification
To perform your KYC, Simply proceed with the following steps:
1. Click on Account & Security in the upper right-hand corner of the page.
2. Click on Verify Now in the Identity Verification column under Account Information.
3. Click on Verify Now under Level 1 Basic Verification.
Or you can simply click here to complete the verification.
To learn more about the KYC verification process, please refer to the Individual KYC FAQ.