Applies to residents of New Zealand. Not for residents of restricted regions.
Deposit and P2P — funding your account safely
Step 3 of 6 · Updated: · 6 min read
Your local currency options are shown in the box above. Available methods change often — always check what the exchange shows in your account for your country.
Option A: direct deposit or card purchase
Some countries support bank transfer or card purchases directly on the exchange. This is usually the simplest route, but card purchases often carry higher fees. Compare the final amount you receive before confirming.
Option B: P2P (peer-to-peer)
P2P lets you buy a stablecoin such as USDT from another user who receives your local-currency payment. The exchange holds the seller’s crypto in escrow until the seller confirms receipt.
How to pick a merchant
- Prefer merchants with a high completion rate, many completed orders and a verified/merchant badge.
- Read the merchant’s terms (payment methods, limits, time window).
- Start with a small first order.
P2P safety checklist
- Only pay from a bank account in your own name, to the account details shown inside the order.
- Never release crypto (if you are selling) until the money is visibly in your own bank account — not a screenshot.
- Keep all communication inside the exchange’s P2P chat. Anyone who moves you to WhatsApp, Telegram or phone is a red flag.
- Don’t write crypto-related words in the bank transfer note unless the order says so.
- If something goes wrong, open an appeal inside the order. Do not cancel an order after you have paid.
- Keep records (order number, bank receipts) — useful for disputes and for tax.
Bank account risks
In some countries banks may freeze accounts that receive P2P payments from unknown parties. Use reputable merchants, keep amounts reasonable and keep your proof of each order.
Fees to watch
Deposit fees, card fees, P2P price spread (the difference from the market price) and network fees when you withdraw. The trading fee itself is where the rebate applies.