I looked at P2P from the sidelines for a long time, it seemed — well, what's so difficult about it: bought cheaper, sold more expensive, took the spread and that's it. In practice, it turned out to be a bit more interesting 🙂
To put it simply, P2P is when you buy and sell crypto directly to other people through platforms like Binance, earning on the difference in rates.
Now, in fact — what about the pros and cons.
Pros:
— You can start with small amounts
I started literally with small transactions just to understand the mechanics.
— Profitability is higher than it seems
On average, spreads give 0.5–2% per round. If you make several transactions a day — it becomes noticeable. For active guys, this easily turns into 10–30% per month (but it's not 'on autopilot', you have to work).
— Almost independent of the market
Bitcoin is falling or rising — it doesn't matter to you. You earn on the difference, not on the direction.
— Flexibility
You can choose banks, payment systems, currencies, and combinations yourself. Essentially, you are building your mini-strategy.
Cons (and they are important):
— Risk of blocking
The most unpleasant moment. Banks do not like frequent transfers from different people. You can easily get your card blocked.
— Human factor
You work with people. Some are slow, some take their time, some try to cheat.
— Not passive
This is not 'invest and forget'. You need to sit, respond, confirm, track rates. Without this, there will be no income.
— Platform limitations
Sometimes limits are cut, sometimes rules change. You depend on the platform.
In terms of profitability honestly:
If you just 'try' — it's 5–10% per month.
If you get into it and make transactions — 15–30%.
If you are really going to build a system — it can be more, but the risks also increase.