You can sell cryptocurrency on KuCoin's P2P platform in just a few simple steps. Below is a detailed guide to help you navigate the process safely and efficiently.
Step 1: Access the P2P Trading Platform
- Log in to your KuCoin account.
- Navigate to [Buy Crypto] > [P2P Trading].
- Before trading, ensure you’ve added your preferred payment methods (bank transfer, e-wallet, etc.).
👉 Learn how to set up payment methods for seamless transactions
Step 2: Choose a Selling Method
KuCoin offers two selling options:
2.1 Fast Trade (Automated Matching)
- Select the cryptocurrency you want to sell (e.g., USDT).
- Choose the fiat currency you wish to receive (USD, EUR, etc.).
- Enter the amount to sell—the system auto-calculates the equivalent fiat value.
- Click [Sell] and confirm the order.
2.2 P2P Zone (Manual Buyer Selection)
- Filter ads based on payment method, price, or buyer reputation.
- Click [Sell] on your preferred ad.
- Enter the crypto amount and review order details.
- Click [Place Order].
Step 3: Confirm Buyer Payment
- The order status will show [Awaiting Payment].
- Once the buyer pays, the status updates to [Payment Completed].
- Always verify receipt of funds in your bank/wallet before releasing crypto.
⚠️ Never release crypto without confirming payment!
Step 4: Release Crypto and Complete Order
- Click [Release Crypto] after payment confirmation.
- Enter your Trading Password for security.
- The transaction is complete—check your Funding Account balance via [Transfer Assets].
Important Safety Tips
- Double-check payments—log in to your bank/wallet instead of relying on notifications.
- Avoid third-party requests—never release crypto prematurely.
- Limit concurrent orders—only two ongoing trades allowed at once.
- Use the [Chat] feature to communicate with buyers or seek [Customer Support] if issues arise.
👉 Discover more P2P trading strategies for maximum security
FAQs
Q: How do I ensure a buyer’s payment is legitimate?
A: Always verify funds in your account before releasing crypto. Cross-check with bank/wallet statements.
Q: What if a buyer asks me to release crypto before payment?
A: Refuse immediately—this is a common scam tactic. KuCoin will not mediate disputes from early releases.
Q: Why can’t I place more than two orders at once?
A: This rule prevents fraud and ensures smooth transactions. Complete existing orders before starting new ones.
Q: Can I cancel an ongoing P2P order?
A: Yes, but frequent cancellations may affect your account reputation.
By following these steps, you can securely sell crypto via P2P trading while minimizing risks. Stay vigilant and happy trading!