P2PB2B Exchange Overview
P2PB2B crypto exchange registered in Estonia has shown significant growth in recent months. The exchange was created in January 2018, just on the rise of the market, but by its very name it immediately showed that it was focused not on a mass individual user, but on a business. Headquarters – in Switzerland.
The first visit to the P2PB2B homepage leaves a good impression. The site looks presentable. All information is presented concisely, the advanced interface is understandable for a regular client. The user can immediately switch to a convenient localization: the site has been translated into 8 languages, one of which is Russian. True, it is worth noting that the translation into Russian is only partially completed. The exchange is on the top list in terms of trade turnover and at the time of writing the review in April 2019, over the last 24 hours trading operations were performed in the amount of $ 671,380,406 USD or 84,829 BTC.
The site’s interface is simple and the web pages load easily, you can customize the theme background for day and night. The personal account of the client is simple and suitable for a beginner. Among the profile data it’s easy to navigate: general indicators, verification, security, API keys, referral program, Token Sale. Verification of identity is a mandatory procedure: it is necessary to fill out an online application form and attach identity documents.
The trading interface is available immediately after registration. The chart for trading is presented as integrated with the TradingView platform, so users have all the necessary tools for analyzing and predicting the movement of cryptocurrency pairs. Customers can trade more than 200 currencies paired with BTC, ETH, USD, USDT, UAH. The highest liquidity is observed for: BTC / USD, BCH / BTC, LTC / BTC, LTC / USD, LTC / ETH, BCH / USD, BCH / ETH, ETH / BTC, DASH / BTC, ETH / USD.
Trade commissions average for the market: 0.20% per operation. For trading, the creation of Market orders is available. There is no margin trading opportunity. Following current trends, the P2PB2B platform offers its customers the Initial Exchange Offering (IEO) service, as well as investing in these projects.
Two-factor authorization is immediately available for each user to connect. The exchange complies with the OWASP TOP 10 standard and uses the KYC procedure to verify traders. There are a number of services that can be used only with full verification. For example, all users must go through KYC in order to be able to familiarize themselves with Token Sale terms. 96% of P2PB2B funds are stored in cold wallets.
Deposit and withdrawal of funds
An unidentified client will not be able to make transactions on the exchange. It is allowed to deposit and withdraw funds in fiat currency. There is no commission for input in cryptocurrency, for bitcoin withdrawal the commission will be 0.00001 BTC, Ethereum withdrawal – 0.015 ETH. In fiat, the client will have to pay 4-5% for deposit and withdrawal, depending on the payment system used. It is worth noting that P2PB2B has limits for depositing and withdrawing funds.
Support works 24/7 in the form of a ticket system. Available languages for contact include Russian. We created a ticket on the site and received a response within 1 hour.
P2PB2B can be considered advanced in functionality, which is constantly being improved and new services are added, which attracts more and more customers. The exchange is becoming popular and many customers are impressed by the registration of a company in a European country. Although obtaining a license to operate would add to customers confidence in the company’s long-term plans to remain in the cryptocurrency market.