Instead of relying on traditional payment methods to fund your account or withdraw your funds, the Deriv P2P platform connects buyers and sellers directly, allowing them to negotiate rates, use local payment methods, and enjoy greater flexibility and control over their transactions. Deriv P2P is especially well-suited for anyone seeking lower fees, increased privacy, and the chance to transact on their own terms.

Choosing Deriv P2P means you’re in the driver’s seat: you decide who to trade with, how much to exchange, and how to pay or be paid. Deriv’s P2P marketplace is designed to make these advantages accessible to everyone, providing a user-friendly space where security and efficiency come first.

This guide will help you make your very first Deriv P2P transaction smoothly and safely, opening the door to the many benefits of true peer-to-peer exchange.

How Deriv P2P works for payments

Peer-to-peer trading is all about flexibility and direct interaction between traders. On Deriv P2P, users can engage with the marketplace in the way that suits them best—either by browsing through a wide selection of adverts placed by others, or by creating their own adverts with tailored terms.

If you’re looking to make a quick trade, you can simply sift through the existing list of adverts. Each listing clearly displays the trader’s rate, preferred payment methods, transaction limits, and reputation score. This transparency helps you compare offers and choose a partner who matches your requirements and inspires confidence. Once you find a suitable advert—whether you are buying or selling—you can initiate a transaction immediately, following the on-screen guidance.

Alternatively, if you have specific preferences or wish to set your own trading conditions, Deriv P2P allows you to create your own advert. You can specify whether you want to buy or sell, set your ideal price, choose from a variety of local payment options, and define your transaction limits. This puts you firmly in control of your trading experience, enabling you to attract other users who are willing to meet your terms.

Whichever path you choose, every transaction takes place within the secure environment of the Deriv platform. An escrow system protects your USD: when a trade is initiated, the funds are held securely until the agreed payment is made and confirmed. Only then are the funds released, ensuring that every participant remains protected from start to finish.

Choosing the right offer for you

Success in P2P trading begins with selecting the best possible deal for your needs. On the Deriv P2P marketplace, you are presented with two clear pathways: you can either choose from a variety of available adverts placed by other users, or you can create your own advert tailored to your specific requirements.

If you decide to browse existing adverts, you’ll be able to compare rates, see which payment methods are supported, and review each trader’s limits for minimum and maximum transactions. Every advert also provides a snapshot of the trading partner’s history, including their completed trades and reputation score, giving you valuable insight into their reliability before you commit.

Alternatively, if you prefer to set your own terms, Deriv P2P makes it easy to post a custom advert. You can decide whether you want to buy or sell, set your own price, choose your preferred payment methods, and define the transaction limits that suit your circumstances. This ability to customise your advert allows you to attract trading partners who match your criteria, offering an extra layer of control.

Whether you’re responding to an existing advert or posting your own, it is essential to check all the details and look closely at your prospective counterparty’s credentials. Taking the time to understand both the listing options and your trading partner’s reputation is the foundation of a secure and satisfying P2P experience.

Placing and completing your Deriv P2P order

Responding to an existing advert

If you want to take a straightforward approach, responding to an existing advert is the quickest way to buy or sell USD on Deriv P2P. Here’s how to do it, step by step:

1. Browse the advert list: Start by scanning through the available list of buy and sell adverts on the P2P marketplace. You can filter by payment method, amount, and location to narrow down your options.
2. Select a suitable offer: Once you find an advert that fits your needs, click to view the details. Take a moment to check the advertiser’s reputation score, trade completion rate, and previous feedback.
3. Enter your trade details: Choose how much you want to buy or sell within the ad’s permitted range, then confirm your chosen payment method.
4. Initiate the trade: Click the button to start the transaction. The agreed amount of USD will be placed in escrow to keep the trade secure.
5. Complete the payment: Follow the instructions to make your payment using the specified method. Only pay what’s required, and never communicate outside the platform.
6. Confirm and finalise: Once the payment is made, upload the proof of payment and mark it as completed. The seller will confirm receipt, and the escrowed funds will be released to you or the other party—completing your trade.

Creating your own advert

For those who want greater control and customisation, creating your own advert is the best approach. This allows you to define every aspect of your trade and potentially attract more favourable deals. Here’s how you can create an advert and complete transactions that come your way:

1. Start a new advert: Go to the Deriv P2P platform and select the option to create a new advert. Choose whether you’d like to post as a buyer or seller.
2. Set your trade preferences: Decide the currency, set your preferred exchange rate, choose your payment methods, and specify minimum and maximum transaction limits according to your comfort.
3. Review and publish: Double-check all information to ensure it’s accurate and appealing, then publish your advert for other users to see.
4. Wait for a response: Once your advert is live, other traders can find and interact with your offer. You’ll receive a notification when someone wishes to trade with you.
5. Approve and guide the exchange: Review the counterparty’s details, confirm the transaction amount, and respond to their initiation with any necessary instructions (always keeping communication on the platform).
6. Check payment and confirm the release of funds: Once you’ve received the payment as agreed, confirm it within the platform. Deriv’s escrow system will then release the funds to your counterparty, safely concluding the transaction.
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Dealing with issues or disputes during your P2P transfer

Occasionally, a transaction may not proceed exactly as expected. Perhaps your trading partner is unresponsive, or there’s a delay in payment. If this happens, there’s no need to worry—or to feel alone. Deriv’s integrated dispute resolution system is in place to help you handle such situations quickly and fairly. 

Should you find that your counterpart hasn’t completed their side of the deal within the expected timeframe, you can use the platform’s dispute button, providing all relevant information such as payment receipts and communication logs. In order to ensure your disputes are dealt with swiftly, it is important to remember to keep all communications on the platform and refrain from taking communications to external platforms like WhatsApp or Telegram.
Once you have submitted your dispute, Deriv’s support team will step in to review the situation, mediate as necessary, and always act in accordance with clear and transparent policies to safeguard your interests.

Secure P2P payments are a cornerstone of the Deriv P2P experience, ensuring that starting your trading journey is both straightforward and protected when you follow the right steps and make use of the platform’s comprehensive security features. By staying vigilant and using the tools provided, you can carry out your first, and every, P2P trade with complete confidence.

If you’re ready to experience fast, flexible fiat transactions in your local market, head to Deriv P2P today and get started.