Cryptocurrency is not regulated in Pakistan therefore direct Bank deposit to buy or sell cryptocurrency area not supported. Therefore we have to resort to various Peer to Peer (P2P) services. All p2p services provide escrow and have great reviews. Although recently there has been issue with 3rd party payment scams and bank chain dispute scams which have made conventional p2p exchange a risky option thus people are relying more on Crypto Awaz Discord DVA option.
P2P Platforms – Peer to Peer Exchanges
Peer to peer platforms allow you to buy/sell directly from another seller or buyer on the website, while the website acts as an escrow thus giving you the ease of mind while making a deal, some platforms which I have used personally and have a good standing are listed
- Crypto Awaz – Understanding the problems faced by local populous, an escrow system based on a Deal via Admin (DVA) mechanism started where you can find a potential buyer/seller and buy or sell Crypto assets. While initially DVA is more prominent on our Facebook group, currently the discord see more traction because of it’s quicker and easier nature.
P2P Platforms
Various P2P platforms provide the facility of buying and selling cryptocurrency. but be mindful of ongoing bank chain dispute scams and FIA Notice issue while utilizing such platforms and always avoid sending / receiving 3rd Party payments.
- Binance – Binance is also one of the most popular cryptocurrency exchanges. The video below explains Binance P2P
LocalBitcoin–LBC is a good site for buying BTC through local bank transfers as well as Online and Direct Meets while provides escrow , this site can be used to buy BTC and after buying it is advised to shift them to your own Wallet etc(OG has discountinued it’s service)- PaxFul – A global peer to peer payment logistics platform. Paxful is PayPal + Uber and the peoples Wall Street. Paxful provides escrow and has a strong userbase.
- Remitano – Another peer to peer cryptocurrency buying/selling platform. which is slowly launching in more countries.
Binance Direct Sell
Binance has recently introduced a Binance direct sell facility, where you can sell your crypto asset and send fiat / pkr to your bank account without using P2P, you can read more about it here.
