Bitunix Launches P2P Feature Enabling Direct Peer-to-Peer Transactions for Users

Singapore, February 6th, 2025 – Bitunix exchange has launched its Peer-to-Peer (P2P) trading feature, enabling users to trade fiat currencies and cryptocurrencies directly with certified Bitunix merchants without intermediaries. This highly anticipated feature provides low transaction fees, while multiple payment options ensure the safety and convenience of the trades.The fastest-growing cryptocurrency exchange in the world is taking this additional step to increase the range of services it offers its users.

Users need to fulfill certain prerequisites in order to use Bitunix’s P2P trading feature. The information supplied must correspond to the identity data of the payment and receiving accounts used for transactions, and completing the KYC (Know Your Customer) check is required. To prevent transaction failures, the fiat currency chosen for the initial payments must also match the currency of the user’s KYC-verified nation.

“We want to make things easier for users. They can now use the P2P feature, which is a great method for those who prefer it. Our goal is to provide as many features as possible for users so that Bitunix becomes an all-in-one platform for them”, said Bill Wang, Bitunix’s CMO.

Currently, only Tether (USDT) is supported by P2P trading, with plans to introduce Bitcoin (BTC) and Ethereum (ETH) in the future. Users must also adhere to platform timelines by submitting payments and proof of payment instantly to ensure smooth and efficient transactions.

P2P trading is increasingly popular due to its low fees, accessibility, and privacy. By eliminating intermediaries, users can save on transaction fees while enjoying the flexibility to choose various payment methods. According to GoatFinance global P2P trading volume reached approximately $680 billion in 2024, with stablecoins accounting for 62% of this volume.

P2P trading also fits more with the decentralized nature of cryptocurrencies and is considered to give users more autonomy and power. This is also the reason why Bitunix has decided to add this feature to its platform. Furthermore, in their announcement, Bitunix also included a detailed P2P guide on how to use the feature. The launch of the P2P trading feature reflects Bitunix’s commitment to offering innovative solutions for users.

About Bitunix

Founded in 2021, Bitunix is a global cryptocurrency derivatives exchange dedicated to provide its consumers with easy, safe, transparent, and affordable trading services. With more than 300 trading pairs and leverage of up to 125x, Bitunix specializes in both spot trading and perpetual futures.

Bitunix continues to lead the way in offering the worldwide cryptocurrency community a dependable trading experience with attributes like first-rate liquidity, round-the-clock client service, and a strong dedication to regulatory compliance. With over 1,000,000 users from more than 100 countries, Bitunix has enabled a daily trade volume of more over $5 billion.

Website | Telegram | X | LinkedIn

Disclaimer: This article is part of a paid partnership and should not be construed as financial advice. The views, statements, and opinions expressed herein are solely those of the sponsor and do not necessarily reflect those of Coingape. Cryptocurrencies are highly volatile, unregulated in many jurisdictions, and carry significant risk, including total loss of capital. Always conduct your own research and consult a qualified adviser before making any investment decisions. Coingape does not endorse or guarantee the accuracy, timeliness, or completeness of any information provided by the sponsor.

Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

RECENT PRs