With the booming global digital asset market, users demand for convenient, safe and low-cost conversion between fiat currency and digital assets continues to grow. To meet this demand, AscendEX officially launched a new P2P trading function, aiming to provide global users with a more flexible, low-cost and convenient digital asset trading experience. The launch of this new service not only strengthens AscendEXs competitiveness in the global market, but also enables users to enjoy more efficient and safer trading services.
1. Multi-currency coverage, multi-fiat currency support, empowering global users
Dingfengs newly launched P2P trading service supports multiple digital currencies (such as USDT, etc.) and multiple legal currencies, covering the needs of multiple markets around the world, especially the major currencies in Southeast Asia, Africa, Central and South America, etc., to meet the payment habits of users in different countries and regions. Through in-depth cooperation with Skypay, Dingfeng has successfully accessed more than 95% of the global margin merchant resources, ensuring high-quality legal currency liquidity and transaction matching.
Compared with traditional third-party currency purchase platforms, Dingfeng P2P trading service has the following significant advantages:
1. Ultra-low transaction fees
Dingfeng P2P transactions only charge a 0.5% cryptocurrency handling fee, which greatly reduces transaction costs and allows users to enjoy lower fees while ensuring security.
2. More fiat currency options
Dingfeng supports multiple legal currencies in Southeast Asia, Africa, Central and South America and other regions, and provides localized payment methods for global users, greatly improving user convenience.
3. More flexible payment methods
Users can choose from a variety of payment methods to conduct transactions, further simplifying the conversion process between fiat currency and digital currency.
4. More convenient withdrawal service
Dingfeng provides users with fast fiat currency withdrawal function to ensure the efficiency of capital flow and meet the needs of different users.
In addition, Dingfeng has set a minimum order amount of 10 USDT to ensure that users of different sizes can trade flexibly on the platform.
2. Comprehensively upgraded user experience: intuitive process and efficient operation
Dingfeng always puts user experience first in the design of its P2P trading platform, optimizes the trading process, and ensures that users operations on the platform are simple and intuitive, and transactions are efficient and reliable.
1. Quick registration and certification
The platform simplifies the registration process. Users only need to complete email binding, mobile phone number verification and KYC certification to quickly start P2P transactions. Through this process, Dingfeng guarantees the identity and financial security of each user.
2. Flexible filtering and intelligent sorting
In the P2P transaction interface, users can quickly filter and select trading counterparties based on multiple conditions such as fiat currency type and payment method. The platform intelligently sorts by price: from low to high when buying, and from high to low when selling, ensuring that users can complete transactions at the best price.
3. Powerful real-time messaging function
The platform has a built-in real-time chat function that allows buyers and sellers to communicate directly during the transaction process, ensuring information symmetry, avoiding any misunderstandings or problems in the transaction, and improving transaction transparency and trust.
4. Comprehensive visualization of order management functions
Users can view the status of each transaction in real time (such as pending payment, pending receipt of coins, completed), and easily manage transactions through simple and intuitive buttons (such as confirm receipt of payment, submit appeal) to avoid any operational omissions.
3. Innovative risk control and protection: protecting global users
Dingfeng is well aware that users attach great importance to safety and fairness in P2P transactions. Therefore, the platform has introduced a comprehensive risk prevention and control mechanism and complaint channel to ensure the financial security and transaction fairness of every user.
1. Digital asset custody mechanism
Dingfeng adopts a custody mechanism to freeze the digital assets traded by users on the platform, ensuring that the funds are released only after both parties to the transaction confirm that the payment is completed, thereby avoiding any form of fraud.
2. Complaints and Customer Support
Whether there is a dispute during the transaction or a payment delay, users can quickly submit a complaint through the platform. Dingfeng’s customer service team will quickly investigate and help users solve the problem to ensure the fairness and transparency of the transaction.
3. Real-time monitoring and risk management
The platform monitors the security of each transaction through a real-time risk control monitoring system, promptly identifies and handles potential risks, and protects the safety of users funds.
4. How to use AscendEX P2P for trading?
The operation process of Dingfeng P2P transaction is simple and efficient. Users only need to follow the following steps to easily complete digital asset transactions:
1. Purchase process:
(1) Place an order
Select all available quotes from the market, choose the digital currency you need to buy and place an order. After placing the order, the purchased cryptocurrency will be managed by the Dingfeng platform to ensure the security of the transaction.
(2) Pay the seller
Pay the seller according to the payment method provided by the platform. After completing the fiat currency transaction, click I have paid, notify the other party to complete the payment confirmation.
(3) Obtaining Cryptocurrency
Once the seller confirms receipt of payment, the escrowed cryptocurrency will be released to you and the transaction is complete.
2. Sales process:
(1) Place an order
Select the digital currency you want to sell in the market and place an order. After placing the order, the cryptocurrency will be held in custody by the platform to ensure the security of the transaction for both parties.
(2) Confirm payment
Check the funds in your designated receiving account to make sure the other party has paid.
(3) Release of Cryptocurrency
Once the payment is confirmed, the platform will automatically release the escrowed cryptocurrency to the buyer to complete the transaction.
5. Entering the global market and promoting diversified development
With the continuous development of the global digital currency market, Dingfeng has continuously improved its global service capabilities and further expanded its layout in Southeast Asia, Africa, Central and South America by launching P2P trading functions. In the future, Dingfeng will continue to innovate and launch more cross-border payment functions, more legal currency options and payment methods to ensure that it provides global users with an extremely smooth trading experience.
About AscendEX
AscendEX (formerly BitMax) was founded in 2018 and is headquartered in Singapore. It is a world-leading cryptocurrency trading platform with services covering more than 180 countries and regions. The platform provides one-stop digital asset trading services such as spot, contract, leveraged trading, DeFi products, and pledge. With Meme coin trading as its core feature, it is committed to providing global users with a safe, transparent, and efficient trading experience. AscendEX has won the trust of a wide range of users through continuous innovation and global market expansion.
