Being a P2P merchants on a crypto exchange. Does it pay well?

[Min George]

I haw seen an advert on Bybit crypto exchange that asks users to become P2P merchants on the Bybit platform. Does it pay well to be a P2P merchant on a crypto exchange? What is the proximate earning potential of being a P2P agent on a crypto exchange?

 

[Suba]

The proximate earning potential of being a P2P agent will depend on several factors such as your strategy and skills, price spread, trading volume, transaction fees (although on some exchanges such as Kucoin, takers are not charged), so the potential earning will always vary.

 

[riberet19]

I think you can earn between 2-5% profit on each trade you make generally, but it depends a lot on your skills as a P2P merchant.

 

[Nomad]

It pays well but you need to have constant flow of crypto asset and fiat currency. If you don't have enough funds for trading, you don't profit much