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How do I sell crypto on OKX P2P
trading?
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OKX P2P Trading enables you to buy
crypto from or sell crypto to other users in the P2P, or peer-to-peer,
marketplace in your local currency.
For sellers, this function enables
you to easily sell your crypto assets and receive the currencies you want. You
will be able to select from a wide range of payment methods that you would like
to receive the payment through. OKX will hold onto crypto for security and only
enables the seller to release crypto once the seller receives payment from the
buyer.
The steps below will help you to
understand how to convert BTC and other cryptocurrencies to cash with P2P
Trading:
How do I sell crypto on P2P Trading?
On the web
1.
Open OKX website and select Buy crypto > P2P trading
Open P2P trading from homepage
2 - In Sell, you can select the order with a few filters
(Crypto you would like to sell, the local currency you want to receive, and
your preferred payment methods)
Select what you need in Sell by utilizing the filters
1. Once you pick
the preferred order, enter the quantity of the crypto you want to sell for
local currency or the amount you'd like to receive, and the payment method you
preferred.
2. Select Sell
[crypto] once you've checked all the details. Now, you can sit back and wait
for the buyer to complete the payment.
3. Once the buyer
completes payment, you should always double-check if you have received the
correct amount.
4. When you have
confirmed that you have received the payment made by the buyer, proceed to the
respective order and release crypto.
On the app
1. Log in to your
account on the OKX App and select Buy crypto > P2P trading
Open P2P trading from homepage
2 - Select Sell at the top and select the local currency you
want to receive. Feel free to use Filters to check the results by payment
method, amount, and other options. Select an offer by selecting the relevant
Sell button.
View the available orders on Sell page
3 - On the sell order popup, enter the quantity of the
crypto you want to sell for local currency or the amount you'd like to receive.
Check the details entered and select Sell crypto with 0 fees.
Select Sell crypto with 0 fees to proceed
4. Once it's
done, select the payment method to receive funds on the next screen.
5. Once the buyer
completes payment, you should always double-check if you have received the
correct amount.
6. When you have
confirmed that you have received the payment made by the buyer, proceed to the
respective order and release crypto.
Where can I check my orders?
With the sell order placed, you must wait for the buyer to
make a payment to your bank or wallet account. When they've completed their
payment, you'll be able to check them in Buy Crypto > P2P Trading >
Orders.
Select Orders to view all your orders
What should I do after I confirm received the buyer's
payment?
Remember to not release crypto until you've received the
payment and confirmed it for yourself, and you shouldn't rely on the buyer to
provide a screenshot of the completed payment. Make sure that the details of
the payment received match those shown on the screen. When you've confirmed
that the funds are in your account, you can Release crypto to the buyer, and
you'll receive a confirmation of your completed P2P order.
Disclaimer
This article/blog is provided for informational purposes
only. It is not intended to provide (i) investment advice or an investment
recommendation, (ii) an offer or solicitation to buy, sell or hold digital
assets, or (iii) financial, accounting, legal or tax advice. Digital assets,
including stablecoins and NFTs, are subject to market volatility, involve a
high degree of risk, can lose value, and can even become worthless. You should
carefully consider whether trading or holding digital assets is suitable for
you in light of your financial condition and risk tolerance. Please consult
your legal/ tax/ investment professional for questions about your specific
circumstances. Not all products are offered in all regions including the
U.S.A., U.K., Crimea, Cuba, Donetsk, Iran, Luhansk, North Korea, Syria Malta,
Australia, Bangladesh, Bolivia, The Bahamas, Canada, Malaysia, Hong Kong,
France (and its territories), and Singapore. For more details, please refer to
the OKX Terms of Use and Risk & Compliance Disclosure. © 2024 OKX. All
rights reserved
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