{"id":72390,"date":"2023-01-11T17:18:57","date_gmt":"2023-01-11T15:18:57","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=72390"},"modified":"2025-09-08T14:51:55","modified_gmt":"2025-09-08T11:51:55","slug":"pexpay-exchange-review-trading-with-binance-liquidity-and-nothing-else","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/pexpay-exchange-review-trading-with-binance-liquidity-and-nothing-else\/","title":{"rendered":"Pexpay Exchange Review: Trading with Binance Liquidity and Nothing Else"},"content":{"rendered":"

Large crypto exchanges typically support around 30 financial products: OTC<\/span>-trades, Polkadot parachain auctions, Ethereum staking and others. Yet most traders do not use them.<\/p>\n

Pexpay<\/a> \u2014 a platform with a basic toolkit that offers newcomers an easy entry into the crypto industry, and for professionals \u2014 Binance liquidity and low taker fees.<\/p>\n

We explain how to start trading cryptocurrency using Pexpay as an example. At the end of the piece \u2014 a concise overview of features for professional traders.<\/p>\n

Registration and KYC<\/h2>\n

To register on Pexpay you need to provide an email address and a password, and then enter the verification code from the received email.<\/p>\n

The next step is to enable two-factor authentication (2FA) via Google Authenticator or SMS. After this you will have access to trading on the spot and futures markets.<\/p>\n

\"1-764\"
On the Security page you can view sessions on all devices and forcibly terminate them.<\/figcaption><\/figure>\n

For better account protection you can create a whitelist of withdrawal addresses, add an anti-phishing code to all Pexpay emails, and specify devices from which login to the platform is allowed.<\/p>\n

Buying USDT on the P2P Market<\/h2>\n

P2P market<\/a> \u2014 a platform for peer-to-peer trading. Users post buy or sell orders for assets, and the platform monitors participants\u2019 fairness.<\/p>\n

Such trades are safer than dealing with exchangers and do not fall under the ban on cryptocurrency operations, introduced<\/a> by the National Bank of Ukraine.<\/p>\n

On the P2P market you can buy tokens for further trading, withdraw profits to a card, and earn from arbitrage \u2014 profit from price differences of a single asset across different venues. For example, if a user buys 1000 USDT at a rate of 37.98 hryvnias on Bybit, and then sells them at a rate of 39.6 on Pexpay, they would earn 1710 hryvnias.<\/p>\n

To access the P2P market on Pexpay you need to pass KYC \u2014 identity verification designed to counter money laundering. The platform uses services from a specialised provider and does not store users\u2019 personal data.<\/p>\n

Pexpay charges no fees for P2P trades and supports cards from most local banks: SberBank, Tinkoff, monobank, PrivatBank, ForteBank, Ziraat and others.<\/p>\n

Users can buy Bitcoin (BTC), Ethereum (ETH), Tether (USDT) and other popular assets for 50 national currencies, including US dollars (USD), euros (EUR), rubles (RUB), hryvnias (UAH), tenge (KZT) and Turkish lira (TRY).<\/p>\n

\"2-621\"
The list of available digital assets depends on the national currency. For example, merchants do not sell DOGE for hryvnias.<\/figcaption><\/figure>\n

If the desired asset is not on the P2P market, you can buy Tether and then swap it on the spot market or via a conversion.<\/p>\n

We bought Tether for hryvnias using a bank card: we selected the token and payment currency, chose a seller by their limit and payment method, and pressed the \u201cBuy\u201d<\/strong> button.<\/p>\n

\"3-370\"
The list of available digital assets depends on the national currency. For example, merchants do not sell DOGE for hryvnias.<\/figcaption><\/figure>\n

In the opening window we entered the amount and confirmed the creation of the order. We chose a payment method, sent the funds to the seller’s details and confirmed our actions.<\/p>\n

Attention:<\/strong> the button \u201cPay for order\u201d must be pressed after transferring funds to the seller.<\/p>\n

\"4-235\"
The interface does not show a \u201cPaid, next\u201d button \u2014 you must confirm the transfer by pressing the \u201cPay for order\u201d button. We hope Pexpay fixes this soon.<\/figcaption><\/figure>\n

The seller has 30 minutes to send the cryptocurrency to the buyer\u2019s account, but we received USDT in 10 minutes.<\/p>\n

Asset Conversions and Deposits<\/h2>\n

Token conversion \u2014 swapping one asset for another at the market rate at the time of the deal. With this tool you can quickly obtain cryptocurrencies not listed on the P2P market.<\/p>\n

We swapped part of Tether for ApeCoin (APE): we went to the conversion page<\/a>, chose the assets and pressed the “Preview” button. When the platform calculated quotes, we confirmed the swap.<\/p>\n

\"5-146\"
Quotes are valid for ten seconds. After that they must be refreshed.<\/figcaption><\/figure>\n

The received tokens can be deposited to a savings account. On Pexpay there are deposits<\/a> with daily interest accrual for 140 digital assets:<\/p>\n