Dear BingX P2P Users,
To improve the P2P trading service and enhance both transaction security and order efficiency, BingX now allows P2P merchants to set "Prerequisites for Counterparties" when creating ads. This feature lets both merchants and users make selections, improving the overall order experience.
🪧 Feature Introduction
P2P merchants can now set "Prerequisites for Counterparties" when creating ads. You can define specific requirements based on the platform’s options. Once it's set for an ad, only users who meet the ad's criteria can place an order. Keep in mind that the stricter the prerequisites, the fewer users will qualify to trade. Therefore, it's important to set your conditions carefully.
If no prerequisites are set, any user who has completed KYC verification will be able to trade with your ad by default.
💡 How to Use This Feature as a P2P Merchant?
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Step 1: Visit the P2P trading page, click "More" -> “Post New Ad” -> "Prerequisites for Counterparties"
to enable this feature. Note: For mobile app users, please update to version V4.23.0 or higher to access these features. -
Step 2: After enable this feature, set the prerequisites according to your needs, then click "Save".
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Step 3: Set up the ad, switch on the "Prerequisites for Counterparties", and click "Complete" to list this ad.
Note: All conditions under "Prerequisites for Counterparties" are optional. If you set multiple conditions, users must meet all of them to be able to trade with this ad. Detailed conditions can be checked on the settings page.
💡 Usage Tips for P2P Users
If you see "Ineligible" on an ad, it means the merchant has enabled "Prerequisites for Counterparties," and you currently don't meet the merchant's requirements. You can use the "Filter" feature and select "Ads I can trade" to view ads that you can trade.
For other questions on P2P Trading, feel free to use the P2P Appeal feature to file an appeal or contact our 24/7 online support.
BingX Official Channels
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