Today, we will talk about how to become a P2P specialist in 2025 and build a profitable business in currency and cryptocurrency exchange. Our guest is Kyrylo Odintsov, an expert in the field of P2P exchange. He will explain why many people start in this field and what steps will help them achieve success.
What is P2P, and why is it a good starting point?
— Kyrylo, let's start with the basics. What is P2P, and why is it considered a good entry point?
— P2P (peer-to-peer) is a method of currency and cryptocurrency exchange in which transactions occur directly between users without the involvement of banks or intermediaries. This is an ideal entry point into the world of financial transactions: most offline crypto exchanges started with P2P. Working as an individual helps to better understand the market, identify your strengths and weaknesses, and decide whether this activity is suitable.
Many people start small to "feel out" the niche. Some succeed immediately but realize that this job is not for them. Others may struggle initially, but their enthusiasm and persistence allow them to master all the nuances over time and become professionals.
First steps in P2P
— What are the first steps for those who want to try themselves in P2P?
It is essential to start with the basic steps:
✔ Register on exchanges and banking platforms. The more tools you have, the wider your opportunities for transactions.
✔ Learn the interfaces. Understanding the functionality of exchanges and payment systems reduces the likelihood of mistakes.
✔ Conduct initial transactions. Even exchanging small amounts will help you experience the process in practice.
✔ Increase turnover. Over time, you will understand which connections work best and which strategies bring the most profit.
P2P is an excellent platform for testing your skills. Without significant investments, you can study the market, understand how clients operate, and build your strategy.
When is it time to scale?
— Kyrylo, what should you do once you've gained experience in P2P? How do you know it's time to scale?
— When you have a stable flow of transactions, understand the market, and can predict your profit, it's a sign that you can move forward. However, it's important to remember: before scaling, you must fully grasp the basics. A common mistake is to immediately register a legal entity, hire a team, and try to build a big business without practical experience.
— So, it's better to work independently at first?
— Yes, it is necessary. Many who immediately create a company face problems and lose money because they lack a basic understanding of processes. Therefore, the best approach is to go through the entire journey independently first:
✔ Master operational activities. Understand how payments, commissions, verifications work, how to keep records, and interact with clients.
✔ Study the market. How do competitors behave? What are the most profitable earning methods in P2P?
✔ Build a client base. When you have loyal clients, further scaling becomes much easier.
— And only after that can you move on to creating a large project?
— Exactly. Once you are confident in your abilities, have a solid understanding of the business, and generate stable income, you can move to the legal entity level, hire employees, and build infrastructure. But if you do this too early, without experience, you may face financial losses and organizational problems.
Universal principles of success in P2P
— Kyrylo, are there universal principles that work for both individual P2P specialists and large companies?
— Yes, of course! Regardless of whether you work as an individual or build a large-scale business, there are several key rules that help avoid problems and make the process efficient.
— What are these principles?
✔ Knowledge of the law. Regulations governing P2P are constantly changing. The best way to stay informed is to send written inquiries to tax and regulatory authorities.
✔ Working with banks. It's important to understand in advance which banks are suitable for your activities.
✔ Continuous learning. Engaging in professional communities helps you stay up to date with new trends.
✔ Checking counterparties. Transaction security is a key factor.
✔ Competitor analysis. Their successes and mistakes can serve as sources of new ideas.
✔ Practice. The more experience you have, the better you understand the market.
✔ Community involvement. Sharing information and joint transactions help in finding profitable opportunities more quickly.
— So, even a solo P2P specialist should act like a real entrepreneur?
— Exactly! Successful P2P specialists don’t just complete transactions; they build a system that works for the long term.
The importance of starting small
— Kyrylo, does this mean that starting small is not just a recommendation but a necessity?
— Absolutely! P2P is not only a way to make money but also an opportunity to test yourself in this niche.
— What tools can help beginners at the start?
— For example, Rebell Pay is an app that allows quick money transfers between Europe and Ukraine, cryptocurrency exchange to euros, account opening in PLN and EUR, and the use of virtual cards for Apple Pay and Google Pay.
— How can one succeed in P2P?
— The key is patience, continuous market learning, and discipline. If you are ready to learn, test strategies, and adapt to changes, you can build a truly profitable business over time.
— Thank you, Kyrylo, for the valuable advice!
1️⃣ Official exchange websites:
Binance P2P – Official P2P trading page on Binance
OKX P2P – P2P platform on OKX
2️⃣ Laws regulating P2P exchange: European Cryptocurrency Regulation (MiCA) – Information on new cryptocurrency regulations.
Contact Kyrylo:
https://cryptofirma.pl/
https://t.me/Kirill_USDT
cryptofirma.pro@gmail.com
https://www.instagram.com/kirill_odintsov/