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P2P Trading on Fiatsend

Explains how Fiatsend's instant P2P trading feature works, including the automatic completion feature for platforms like Binance P2P.

Updated over 2 weeks ago

What is P2P Trading on Fiatsend?

Fiatsend supports instant peer-to-peer (P2P) trading, allowing you to buy and sell digital dollars (USDC) directly with other users. This feature is particularly useful for traders on platforms like Binance P2P who need fast, reliable settlement.

How Does P2P Trading Work?

  1. A trade is initiated between two parties — a buyer and a seller.

  2. The buyer sends local currency (GHS) via mobile money or bank transfer.

  3. Fiatsend verifies receipt of the local currency payment.

  4. USDC is released to the buyer's account automatically.

What is the Automatic Completion Feature?

Fiatsend's automatic completion feature streamlines P2P trades by automatically confirming and settling transactions once payment conditions are met. This reduces wait times, eliminates manual confirmation steps, and minimizes the risk of disputes.

How Do I Use P2P Trading?

P2P trading is available within the Fiatsend app. Navigate to the P2P or Trade section to view available offers, create your own offer, or accept an existing one. Follow the on-screen prompts to complete your trade.

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