If you are a new trader in the cryptocurrency market, you are looking for a reputable exchange, full of main features but simple to understand, then a P2B cryptocurrency exchange can be a good choice. good choice for you. Not only is this a fully featured legal, secure exchange but it also provides you with a trading platform with a simple interface and is very suitable for beginners. Let’s find out in this P2B review.
About P2B
The blockchain company was established and introduced to the crypto community in 2018. P2P is not only limited to cryptocurrency exchange transactions but also expands to business areas such as the Money Project program. their electronics for trusted partners.
The blockchain platform’s marketing initiative grants users various features such as expert advice for different types of trading activities. It empowers users with the tools to leverage their approaches to scale their record-breaking rewards, expand peer relationships, and maintain their liquid valuations.
The crypto site promotes buying and selling of the most prominent cryptocurrencies in the FinTech world, where customers can trade with a wide variety of small altcoins.
It facilitates exchanges with crypto royalties tokens, such as BTC, DASH, ETH, LTC, NEO, etc. More availability will be provided and added to the site.
P2PB2B Cryptocurrency Exchange is a high-level trading platform that operates good exchange processes for its customers. To ensure reliable and authenticated transactions, the platform has all the features that benefit the customers. Cryptocurrency exchanges run token sales in case of incentivizing crypto assets. It allows people to fund new money.
There are lucrative services for users in the crypto community, such as an Airdrop, an established gamification experience, trading contests, and a business plan for secure monetization.
Pros and Cons
| Pros P2PB2B tools warrant a simplified user interface that is effective for novice customers and benefits technology-misinformed investors for trading opportunities. | Cons Clients are mandated to deposit and withdraw assets with the procedure of KYC compliances. |
Services and Features
High speed trading tool
One element that the platform emphasizes is their trading tools. The trading engine has a processing speed of up to 10,000 transactions per second. If you make one or two trades a day, the speed of the trading engine is completely irrelevant to you. But if you are an day trader looking to find arbitrage opportunities, that might be more important.
Trading
P2B supports trading most of the larger cryptocurrencies, but you can’t trade with many of the smaller altcoins here. This trading platform is focused on enabling trading with the crown jewels of cryptocurrencies (Bitcoin, Ethereum, NEO, Litecoin, DASH and the like). However, they will definitely add more cryptocurrencies in the future. You will just have to wait and see.
The trading interface is available to every user after registration. There are light and dark themes. You can switch between them by clicking the sun or moon icon.
Personal accounts are convenient and clear even for beginners. Trading charts are integrated with the TradingView platform, so users have access to all the information needed to analyze and predict the price changes of tokens in each particular pair. More than 200 currencies paired with BTC, ETH, USD, USDT and more. available for trading. Following the latest trends, the platform offers its clients IEO services, as well as investments in such projects.
Buy and sell cryptocurrency
You can buy and sell coins on P2B using a variety of tools through a few simple steps below:
- Enter the amount that you want to spend on the purchase of the crypto in fiat currency OR the amount in the crypto that you want to buy. The transaction fee will be calculated automatically. Click the Buy button.
- You will be redirected to the Simplex service through which the transaction is performed.
- Enter your card details, and confirm the operation. The funds will be debited from the card and the cryptocurrency will be credited to your account. Deposit and hold tokens/coins of the project and get rewards in its tokens. Project-initiator guarantees rewards payment for each participant.
Deposits and Withdrawals
P2B offers wire transfer as a deposit method and you can also deposit via credit card. This is of course very helpful to any newer crypto investor. Accepting fiat currency deposits also makes P2B an “entry-level exchange”, where new crypto investors can take their first steps into the thrilling crypto world.
Automated Trading and Copy Trading
Automated Crypto Trading Robots at P2B. There are currently no auto-trade options on the P2B exchange. All transactions are executed manually by users. Likewise, no copy trade functionality exists at present.
Launchpad
This is a service that allows users to get first access to promising new crypto tokens from various projects. It also helps to raise awareness and recognition for these projects.
P2B users can buy your tokens on the crypto IDO launcher without registration on an external exchange and KYC or other types of identity verification. To get your crypto, users can sign up for IDO in the Whitelist, attach their wallet and buy some tokens. There is an option for the project to launch IDO without whitelisting.
As for IEOs, P2B has a well-developed IEO launch process to ensure the success of the token sale and subsequent steady growth.
Airdrop
The verified client accounts have the offer of an Airdrop card where the tokens of PACT are credited within 24 hours.
The P2P associated features warrant access to independent airdrops of famous crypto assets and profitable tokens. Additionally, it also renders an exclusive PACT staking facility for automatic airdrops.
Security
When looking at the security measures taken at P2B, one must not forget that 96% of all crypto assets are allegedly stored on cold wallets. This exchange also states on its website that it has “WAF-based smart screen [that] detects and blocks all hacker attacks”.
Support Function
P2B has a support function that is open 24/7. This is very helpful seeing as the exchange ought to have investors residing in all of the world’s different time zones. There are support staff members speaking most of the world’s major languages here. It’s essentially only Hindi missing from the list of the biggest languages in the world.
Deposit Methods
Below you can see a list of the deposit methods available on P2B. Some of them may not be available in Vietnam as it depends on regional regulation, but normally the most common payment methods are available across many countries.
The P2B exchange platform accepts fiat currency deposits. The exchange allows its users to use bank wire transfers and credit card transfers (Visa card and MasterCard) as deposit methods. This is done via integration with Simplex. It also has a large range of crypto desposits availalable, including major coins such as BTC, ETH, BNB, and SOL. And of course USDT.
P2B Fees
P2B Trading fees
This exchange has set their trading fees at 0.20% flat. This means that both takers and makers pay 0.20% upon the successful execution of a trade. 0.20% is slightly below the global industry average (approx 0.25%).
P2B Withdrawal fees
B2B charges 0.0005 BTC when you withdraw BTC. This is a very high fee level, especially when you compare it to the global industry averages. The global industry average BTC-withdrawal fee according to our most recent empirical study was 0.0004599 BTC per BTC-withdrawal. So P2P charges a withdrawal fee that’s almost three times higher than the global industry average, which is not consumer-friendly at all.
Conclusion – P2B Review
Above is our review of the P2B cryptocurrency exchange. User ratings trust the P2PB2B trading platform even though it is a relatively ordinary trading company in the crypto space. However, it has made its own mark by advantages such as providing newcomers with a good, secure platform with full services and an easy-to-use interface.
Hope the article is useful to you. If you have any suggestions, please leave them in the comment section below to make our article better.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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