P2P venue ranking, step by step

The answer to the question that comes before hunting for a deal: where is it worth looking at all.

Why a ranking helps

Before comparing prices it pays to know where a market exists. A venue with three hundred ads in your currency gives you both choice and a tight spread. A venue with ten ads will show a beautiful price you cannot fill: behind it stands a single merchant with a two-hundred-dollar limit.

Venues compared: ads, available size and currency coverage
Venues compared: ads, available size and currency coverage

Reading the upper table

  • Ads — how many live offers we counted across all currencies. A measure of how alive the venue is.
  • Volume — how much USDT is available in total, counted with a cap: no single ad contributes more than 10,000 USDT.
  • Currencies — how many fiat currencies have any offers at all on that venue.
  • 24h — the change in ad count against a snapshot from a day earlier. A sharp rise usually means a surge in demand; a fall means the venue is losing merchants or has restricted a region.

Why volume is capped

This is a P2P quirk worth understanding. Buy orders are not backed by escrow: a merchant can advertise a million-dollar limit while holding nothing. Without a cap a single such row would outweigh the entire statistic and the ranking would report fantasies. So every ad's contribution is cut off at ten thousand.

The lower table: by currency

This shows which venue trades your currency most actively and who offers the best buy and sell price. It answers "where do I go for hryvnia" without opening six sites by hand.

The history chart

We keep snapshots and build a history from them: how ad counts and prices moved over recent days. The practical value is seeing a trend rather than a single frame — a rate that looks good today may simply be a pullback from yesterday's spike.

How to use it

  1. See which venues carry your currency at all, and how many ads they have.
  2. Drop the ones with a handful of ads: their prices are not representative.
  3. Take the rest to the P2P scanner and look at individual ads with their limits.
  4. Before trading, read about the common scam patterns — on P2P that matters more than half a percent of rate.

The figures index public exchange data rather than official reporting. They are approximate, useful for comparing venues with each other rather than as absolutes.

More guides

What crypto arbitrage is

Where price gaps between venues come from, which types of arbitrage exist, and why a pretty percentage on screen rarely reaches your wallet intact.

CEX vs DEX

Two different worlds of crypto trading — different fees, speed, risks, and different arbitrage opportunities.

What a spread is

The price difference the whole of arbitrage is built on — and the four reasons it shrinks by the time you trade.