The cryptocurrency exchange WazirX has released its first report following the platform's resumption of operations, indicating that in the first half of 2026 (H1CY26), over 95 percent of all trading activity was conducted by returning users.
The cryptocurrency exchange WazirX has released its first report following the platform's resumption of operations, indicating that in the first half of 2026 (H1CY26), over 95 percent of all trading activity was conducted by returning users.
The company also noted that approximately one in seven regular traders added new funds to their assets instead of merely managing existing balances. Consequently, ninety-five percent of the total user base consisted of returning clients.
Regarding demographic data, over eighty percent of users were in the 25 to 44 age group, thirteen percent were over 45, and the remaining audience comprised those aged 18 to 24. Furthermore, WazirX stated that over 82 percent of its verified users originated from locations outside of major metropolitan areas.
Nishal Shetty, founder of WazirX, announced the strengthening of infrastructure through the integration of Fireblocks digital asset technology into the existing asset custody system. During this period, the formalization of Recovery Tokens under a court-approved scheme was also completed. The platform plans to launch new products, such as WazirX AI for market research and Taxlyst, a tool for cryptocurrency tax reporting.
WazirX resumed operations in October 2025 after a restructuring process conducted in Singapore. It is worth noting that fifteen months prior to this relaunch, the platform suffered a hack that resulted in the loss of over $230 million. Previously, the platform had stated that it would resume trading in phases with the aim of 'safely restoring liquidity, confirming technical stability, and ensuring a gradual and reliable return to normal trading across all market pairs.'
The popularity of P2P crypto trading continues to grow as users seek greater control over their transactions, lower trading costs, and more payment options. By 2026, leading crypto exchanges stand out due to their low fees for P2P trading. These platforms ensure secure fund storage through escrow, support numerous fiat currencies, and offer bonuses to attract new users.
The gap between P2P platforms and traditional exchanges is narrowing. Many major exchanges are now integrating their P2P markets with advanced features, allowing users to seamlessly transition from a peer-to-peer transaction to spot or even derivative trading. This shift blurs the lines between P2P and full-fledged cryptocurrency margin trading exchanges, making local cryptocurrency purchase and its use in various trading products simpler, without extra charges.
VentureBurn has compiled a list of some of the best P2P crypto exchanges. Let's look at the features of each one.
Best Wallet is geared towards mobile users, combining a crypto wallet with a built-in P2P marketplace. Users can purchase cryptocurrency using various local payment methods and do not need to undergo KYC if they prefer not to. There are no fees for P2P trades; only network fees or spreads are charged. The platform supports numerous payment methods, including bank transfer, PayPal, cards, and local e-wallets. Dispute resolution speed is moderate and depends on the platform's support service. Over 1000 coins and tokens are available, and seller security is based on reputation ratings rather than strict verification.
MEXC is distinguished by its extensive list of altcoins and almost always offers zero commissions for both spot and P2P trading. There are no fees for P2P transactions, and payments can be made through over 30 methods, such as bank transfer and mobile payments. Disputes are resolved at the speed of a regular exchange. Basic P2P supports BTC, ETH, USDT, and USDC. Sellers are distributed across levels with specific restrictions.
OKX provides both advanced trading tools and a strong P2P system, usually without a fee for P2P trading. P2P transaction fees are zero or very low, especially when using an OKX referral code. Over 900 payment methods are available, including global options and bank transfer. Dispute support is generally reliable. BTC, ETH, USDT, and other coins are available via Express Buy. Sellers go through standard verification levels.
Binance P2P is the primary tool for P2P crypto trading worldwide, offering deep liquidity and support for numerous fiat currencies. Most P2P transactions have no fees, although order creators may pay up to 0.35% depending on Binance referral code discounts. Over 300 payment methods are supported, including bank transfer, PayPal, and mobile money. Disputes are resolved quickly thanks to a large support team. Supported coins include BTC, ETH, BNB, USDT, DAI, and others. Sellers undergo verification and receive reputation ratings.
Bybit combines reliable derivatives trading with a P2P marketplace where trading fees are usually waived. If you need a platform for fast P2P trades, Bybit is ideal. Most P2P trades are free. Over 60 fiat payment options are available. Dispute support is fast and reliable. BTC, ETH, USDT, and USDC are supported. Sellers have multi-level verification.
BingX stands out for combining P2P with social trading and automated bots, while keeping the P2P functionality simple. The P2P commission is zero. Over 300 payment methods are offered. Dispute resolution speed is average. USDT is mainly used in P2P. A basic level of seller verification is required.
KuCoin's P2P platform supports a large number of fiat payment methods and does not charge trading commissions. Seller limits depend on the verification level. KuCoin simplifies P2P trading for its global audience. The P2P commission is zero. Over 100 fiat/payment methods are available. Overall dispute resolution speed is good, although some users have noted delays. BTC, ETH, KCS, USDT, and USDC are supported. Seller verification is tied to the KYC level.
Bitget is a P2P platform known for its 24/7 customer support. It combines powerful copy trading with a P2P system and a wide range of fiat options. For users with a Bitget referral code, there are no P2P trading fees. Over 50 payment methods are available, including banks and e-wallets. Dispute support is handled at the exchange level. Supported coins include BTC, ETH, USDT, USDC, DAI, WLD, and BGB. Sellers must be verified.
CoinEx offers simple P2P trading with low fees and a necessary minimum of coins and payment methods. Trading fees are absent. Over 10 fiat payment options are available. Standard response times for disputes. USDT and USDC are supported. Sellers are required to complete verification.
Uniswap acts as a major DEX, allowing ERC-20 tokens to be exchanged directly from a wallet without using an order book or custodians.
