KAI P2P Trading Introduction

Peer-to-peer (P2P) trading is also known as "customer-to-customer" trading in some regions. Users can buy and sell cryptocurrencies directly through P2P trading on platforms, trading platforms, or marketplaces.

As a facilitator of the transaction, P2P platforms provide a channel for buyers and sellers to post offers. Meanwhile, online digital asset custody services ensure that digital assets are safely and promptly delivered during the execution of the transaction.

 

The prices displayed in the P2P market are not provided by KAI. KAI only facilitates P2P transactions; the prices are provided by individual users.

 

All online transactions are protected by custody. After an advertisement is posted, the corresponding amount of cryptocurrency is automatically reserved from the seller's wallet. This means that if the seller does not release the crypto, KAI's customer service can release the reserved cryptocurrency to the buyer.

On the other hand, the seller should not release cryptocurrency until they confirm that the buyer's payment has been received. Please note that certain payment methods used by buyers may not support real-time deposits, which could carry the risk of payment reversals.

 

All KAI users must complete identity verification before using KAI's products and services, including P2P trading. Please refer to [How to Complete Identity Verification].

Additionally, before starting P2P trading, you must enable mobile verification and at least one form of 2FA (email, Google Authenticator, or security key) in the [Security Center].

To use Google 2FA, you need to download the "Google Authenticator" app.

In the "Google Authenticator" app, scan the QR code in the user center or manually enter the 16-digit key below the QR code to add the account.

After entering the Login Password code and the 6-digit number from the "Google Authenticator" app, the binding will be successful.

You can conduct P2P trading via the KAI website and KAI app.