That would be really cool and convenient, it's like an employee who doesn't need a paycheck and works 24/7 generating income.

The problem is that very few banks support automatic payments. For example, the banks in my country have APIs for checking incoming payments, but no endpoint for outgoing payments.
Singapore banks may have more features available. But I think it was semi-automatic too, some transactions were done manually.

What is your national currency?
In the bot I wrote, only buying (opening an order) is automatic, while paying the seller manually. I would not trust a bot that sells my assets instead of me, and there are many reasons for that.

In my experience, 1 hour is not a long time. I don't understand who and why they sometimes open orders, mark them as paid and disappear. I have to appeal, record a video confirmation of the absence of payment and so on. This can take several days.

That's right. But you can't always trade USD if you don't have the right payment methods. That's why people often use only national fiat currencies. Which one do you use?

True. But I've never had a problem or heard from others that buying from a new user money can be fraudulent. The other thing about selling to new users is that it is not safe.India has a big problem selling on p2p. I have experience with this market and when fiat money has been flagged as fraudulent - the whole bank chain is blocked without investigation. It is almost impossible to prove that you just sold cryptocurrency to someone and did not defraud anyone.

 

Indeed, in some bots can be manipulated, especially if they are fully automated, for example, not only buying, but also selling, then whoever understands how it works will be able to manipulate. This is roughly how they do it on the spot market “shave bots”.

Yeah, I already have the video. I'd like to see the audience response, and if it's really interesting I'll send a link to the video here. I would like to wait for those who have used similar bots to write their opinions before I show the project.

True. To trust anyone is to suffer loss.

I have experience working with the Nigerian Naira, and I’ve heard from colleagues in your country that after Binance made it unavailable, many traders moved to Bybit. Is this true? Which platform do most Nigerian users prefer now?

Automation features on P2P platforms are indeed quite rare. I’m working on a tool designed to provide some automation capabilities for P2P trading, such as automatic order placement, price monitoring, and more. If you're interested, I'd be happy to discuss this in more detail.

Hello everyone!

I am developing a tool designed to improve the trading process on Binance P2P and secure advantageous orders. With this in mind, I would like to hear from experienced traders and enthusiasts about the features and capabilities that are most important to you when working with P2P platforms.

My goal is to gather as many opinions and ideas as possible to create a product that will truly be useful to traders. Your advice and experience will be incredibly valuable.

Key questions for discussion:
1. Which fiat currency do you use most often for trading?
2. What problems do you encounter when trading on P2P?
3. What features and tools do you find most useful for automating the trading process?
4. What security and data protection measures do you consider essential?
5. What experience do you have with P2P bots or automated tools?
6. What criteria do you use when choosing bots or other trading tools?

I promise that all feedback will be taken into account, and you might see your suggestions come to life.

There is already a working version of the software, currently implemented on the most liquid exchange (you know which one). Some functionality has been developed and tested in several countries with good results. I won’t go into details to avoid turning this post into an advertisement. However, I will say that I am happy to offer free access for testing to some interested participants.

I am also ready to answer any questions and discuss your ideas in the comments.

Thank you in advance for your participation and advice!