P2PB2B is a licensed Estonian crypto exchange headquartered in Switzerland, launched in January 2018. This is the fastest growing technology exchange in the world, which provides a unique environment for tools and traders. OWASP protection, fast KYC, and instant online support make the platform attractive to users.
This exchange originates from Estonia, which can be explained by the fact that Estonia is one of the few European countries where the use of cryptocurrency is clearly regulated, and any Estonian company can obtain a license to conduct a cryptocurrency exchange. As a result, many other crypto exchanges are registered in Estonia, such as BTCBear, Jubiter, and LATOKEN.
P2PB2B has over 500,000 unique visitors, and most of its users are from Eastern European countries such as Estonia, Ukraine, and Russia.
As for liquidity, this exchange is not a small player.
P2PB2B serves the cryptocurrency space through at least 227 active markets and 641 currency pairs, including both fiat and cryptocurrency pairs. This trading platform is focused on providing the ability to trade large cryptocurrencies.
The transaction engine has a processing speed of up to 10,000 transactions per second. If you make one or two transactions every day, the speed of the transaction mechanism is completely irrelevant to you. But if you are a day trader and are looking for arbitrage opportunities, this may be more important.
This platform has a round-the-clock support service in all time zones of the world. There are support staff here who speak most of the major languages. In fact, only Hindi is missing from their list of supported languages.
A referral program is also offered, including referral contests. This gives you the opportunity to win cryptocurrency or digital assets. There is an opportunity to get a 50% discount on the exchange commission for a limited time by inviting 10 friends.
- Trading Fee
This exchange has set its trading fees at 0.20%. This means that both buyers and producers pay 0.20% after the successful completion of the transaction.
- Withdrawal fee
P2PB2B charges 0.001 BTC when withdrawing BTC. This is an acceptable level of commission, but it is still about slightly higher than the industry average commission for withdrawing BTC.
- Deposit methods
The exchange offers bank transfer as a deposit method, you can also make a deposit using a credit card. Accepting deposits in fiat currency also makes P2PB2B an "entry-level exchange".
Looking at the security measures taken in P2PB2B, we should not forget that 96% of all crypto assets are stored on cold wallets. This platform was ranked in the top 30 trading platforms in the world by ICORating due to its strong security system, the use of a WAF screen to protect against hackers, the KYC procedure, and the fact that it is an officially registered company in Europe. They also offer two-factor authentication (2FA) through Google Authenticator.
- To own your crypto assets, you need to manage your own private keys.
- Ledger hardware wallets make private key management easy and secure.
- Each unique 24-word recovery phrase creates a new set of private keys.
- Make sure you secure your 24-word recovery phrase properly.