metaratesBinance, Bybit and OKX each have a P2P section where you can buy and sell USDT for hryvnia and other currencies. All three follow a similar scheme (escrow, order chat, appeals), but they differ in audience, liquidity and the set of ads. Below is not a "best of" ranking but the criteria to choose by.
What to compare
| Criterion | What to check |
|---|---|
| Liquidity | How many ads and of what size, whether the book fits your amount |
| Price | The best reliable buy and sell price right now |
| Payment methods | Whether your bank is there and how many ads use it |
| Merchant reputation | Trade count, completion rate, feedback |
| Limits | The minimum and maximum amount in the ad |
| Interface and support | How convenient the filters are, how fast appeals are reviewed |
| Account requirements | Verification and P2P availability in your country |
Each exchange in brief
Binance P2P
Usually the largest marketplace by number of ads, so for large amounts and popular payment methods the choice here is widest. More on the Binance P2P page.
Bybit P2P
Known for a convenient interface, a clear seller rating system and a wide choice of payment methods. The Bybit P2P page shows live orders.
OKX P2P
Offers verified merchants and competitive prices that at some moments beat the rest. See OKX P2P.
How to choose an exchange for yourself
- Decide which payment method you have and the amount you work with.
- Look at the best reliable prices on several exchanges for exactly that method and amount.
- Consider counterparty reputation and limits, not just price.
- If you plan P2P arbitrage, you will need an account on at least two exchanges.
To get started, create an account on the exchange you need: Binance, Bybit or OKX.
Frequently asked questions
There is no single best: the choice depends on liquidity for your amount, your payment methods, the price right now and counterparty reputation. Compare exchanges before every trade.
For ordinary buying or selling one exchange is enough. For arbitrage between exchanges you need accounts on at least two.
It changes through the day. The MetaRates rate table shows the best price at any given moment.
Check the numbers on live prices
Open MetaRates: P2P orders from six exchanges, an arbitrage calculator and rate alerts.
This material is for information only and is not financial advice.