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Author Topic: Binance/Bybit P2P Bot  (Read 263 times)
Alphakilo
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January 02, 2026, 07:48:04 PM
 #21

What I can advice on the use of Binance/Bybit P2P bot is that, for those traders who trade low volumes, it is a security concern mostly when such a trader using the bot gives permission to the bot to withdraw funds in their API setting.
Do not enable withdrawal when using trading bots because it could be a way hackers get ahold of your funds and withdraw all funds without the knowledge of the trader. Incase you still decide to use one, ensure the developer has been vetted and it is from a trustworthy and reputable company.


 

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wozzek23
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January 02, 2026, 10:26:50 PM
 #22

Is necessary using bot for transaction at P2P Binance or Bybit exchange? I don't see any feature or profitable from using bot as usually the service of seller or buyer when making P2P transaction trough manual. I don't know what the goal decision from OP by promoting his bot for P2P transaction, for trading maybe can acceptable trough bot but P2P transaction is not really necessary and all transaction do manually how to get respond between buyer and seller.
P2P transaction at Binance or Bybit I think too risk when using bot transaction, however I don't see how the progress of bot using for P2P transaction because all seller have set up price to sell and the buyer will sell based on seller with faster respond then actually has good price.
We have the same impression of P2P platforms being manual but maybe things have change and being automated is now possible on them too? But the answer whether it is necessary or not, can depend on the trader. Basically bots are built and useful for people that are on the go. So if you are just a chill guy and doesn't trade that often, then you don't really need this.

I think bots are still quicker than any human action action, so maybe it is really true that P2P bots like this are profitable, in a way that we can win any biddings that is posted before other human traders responds to them. The only thing is that, others might get the interest to use it as well, so the competition is still there.

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