How to Make Money Trading on Bybit P2P

Bybit P2P trading on allows you to buy and sell cryptocurrencies directly with other users via fiat payment methods, rather than using the conventional spot order book. With the right knowledge, this platform can offer opportunities to earn profit via spreads, ad posting, and arbitrage.

What is Bybit P2P and Why Use It

Bybit’s P2P platform lets users trade crypto with fiat across hundreds of payment methods and dozens of currencies. According to Bybit’s help center: the platform supports “over 600 payment methods and more than 370 currencies” in some markets.

Key features include:

• Zero transaction fees for many buyer trades (taker side).

• A wide range of payment methods and local currencies.

• Escrow and verification safeguards — Bybit holds the crypto during trade until the fiat payment is verified, helping reduce counterparty risk.

For traders who are able to manage payment flow and maintain ra eputation, P2P can become a consistent channel.

How People Make Money via Bybit P2P

Here are the main profit strategies:

1. Posting Sell Ads (Merchant/Advertiser Model)
You can set up sell-ads for crypto (for example USDT) in your local fiat currency at a price higher than market spot (or higher than other sellers), capturing the spread. Bybit’s guide on posting an advertisement shows you can choose fixed or floating price, set your preferred payment window, approve counterparty verification and control your trade limits.

2. Arbitrage Between Local Fiat Markets / Payment Methods
Because different currencies or regions may have wider or narrower spreads on P2P, you can buy crypto in one region at a lower effective fiat price then sell in your region at a premium. This requires understanding local payment networks, regulations, and being ready to act quickly. Bybit’s “How to Earn Money with P2P Trading” article mentions using competitive P2P rates and multiple currencies.

3. Liquidity & Volume Trading
As with all trading, volume matters. If you have a larger sum and you manage to capture a modest percentage spread (say 1-2 % per trade), then with repeated trades the profits can add up. But you must also account for the time, risk and payment method cost.

How Much Capital Do You Need to Get Started?

There’s no universal minimum, but some guidelines can help:

• Initial capital: A small trader might start with perhaps the equivalent of ~USD 100-300 (or your local currency equivalent) to test flow, ads, payments and exits.

• Payment-method readiness: You’ll need a bank account or e-wallet ready for fiat transfers that match the payment methods of buyers and sellers.

• Trade size for meaningful return: If you have USDT $1000 and manage a 2 % spread, that’s US$20 profit before risks and payment overhead. If you only have US$100 then 2% is just US$2 — which may not justify risk/time.

• Reputation and verifying your account: Bybit requires at least KYC (Identity Verification Lv. 1) to trade the P2P platform.

• Scaling up: If you plan to trade larger sums, you’ll need to build trust as a seller, maintain high completion rates and understand local regulations and liquidity.

Step-by-Step: Getting Started on Bybit P2P

1. Create and verify your Bybit account (complete KYC, link phone/email).

2. Add payment methods: Go to P2P section → “Add a Payment Method” and enter your bank or local payment details. Make sure the name matches your KYC.

3. Choose your trade direction: Buy crypto (you pay fiat, receive crypto) or Sell crypto (you hold crypto, receive fiat).

4. If selling: Go to P2P → “Post an Ad” or choose an existing buyer ad. Set payment terms, price margin/spread, trade limits and payment timeframe.

5. When a counterparty accepts your ad/trade: hold your crypto in escrow (Bybit handles this) until payment in fiat is confirmed. Buyer then receives crypto, you receive fiat. Always confirm the payment before releasing crypto.

6. Monitor your performance: Completion rate, reputation, and payment method reliability matter to unlock higher volumes.

7. Once profit is made, decide whether to reinvest or withdraw fiat/crypto accordingly.

Risks and What to Watch Out For

• Payment risk: Buyer might claim to have paid, but you’ve not received fiat. Always wait for confirmed funds and use escrow properly. Several user complaints on Reddit highlight issues like funds being locked in appeals or fraud attempts.

• Regulatory/fiat account risk: Many banks or payment methods may flag frequent P2P transfers for compliance. Ensure your payment channel is stable.

• Liquidity/volume risk: If your ad price is too far from the market or your payment method is niche, you may wait a long time for a match.

• Platform/rule risk: Bybit reserves the right to restrict trades or freeze funds in suspicious cases. A user reported a withdrawal freeze due to “suspicious activity”.

• Currency/regime risk: Some fiat currencies or countries may lose support or be delisted for P2P, making exit harder

Trading on Bybit P2P can indeed be a way to earn money, particularly if you exploit price spreads, use trusted payment channels, and manage your reputation. But it is not passive income — it requires diligence, payment flow management, risk monitoring, and possibly customer-support interaction.

If you’re starting out, test with a small amount, track your trades, withdraw early profits for safety, and build up as you gain experience. Always keep security and compliance as priorities.