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Crypto Exchange

9 Best P2P Crypto Exchanges in Asia with Minimal KYC (2025)

Larry Peter
Last updated: 18/07/2025 1:29 AM
Larry Peter
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9 Best P2P Crypto Exchanges in Asia with Minimal KYC (2025)
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In this article, I will talk about the Best P2P crypto exchanges in Asia, discussing only those that prioritize security, ease of use, low fees, and overall trading experience.

Designed for Asian users, these exchanges facilitate local language alongside several cryptocurrencies and diverse payment systems. They cater to both novice and veteran traders, and everyone can easily engage in peer-to-peer trades without any hassle.

Key Point & Best P2p crypto exchange in Asia List

PlatformKey Point
Binance P2PHigh liquidity, zero trading fees, supports 100+ fiat currencies
OKX P2PLow spreads, global access, strong fiat gateway
Bybit P2PBeginner-friendly interface with secure escrow service
KuCoin P2PFlexible payment methods and integrated KuCoin Pay
Huobi (HTX)Fast trade matching with wide fiat support
PaxfulKYC-optional, 300+ payment methods, strong in Africa & Asia
Gate.io P2PCompetitive pricing and multi-currency escrow support
RemitanoUser-friendly with optional KYC and built-in wallet
HodlHodlNon-custodial, no KYC, Bitcoin-focused with multi-sig escrow

1.Binance P2P

Established in 2019, Binance P2P is one of the leading P2P cryptocurrency exchanges in Asia. It has gained significant popularity in India, Indonesia, Vietnam, and the Philippines. Users of the exchange platform can trade in a range of cryptocurrencies such as USDT, BTC, BNB, ETH, and more, using their local currency.

Binance P2P

Binance provides users with escrow protection and 2FA to enhance security, proving its commitment to protecting users from cryptocurrency scams. Since Binance has 24/7 customer support, it caters to all time zones. Combined with its zero-fee trading, Binance remains a preferred exchange for all crypto trading pilgrims from Asia with varying levels of experience.

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FeatureDetails
Exchange NameBinance P2P
Established2019 (P2P Service)
KYC RequirementMinimal for low-volume trades; Full KYC for higher limits
Supported CryptocurrenciesBTC, ETH, USDT, BNB, BUSD, and more
Supported Fiat CurrenciesOver 50+ including INR, VND, PHP, IDR, MYR
Local Language SupportYes (Chinese, Hindi, Indonesian, Vietnamese, etc.)
Payment MethodsBank transfers, e-wallets, UPI, GCash, and more
Security FeaturesEscrow system, 2FA, anti-scam measures
FeesZero trading fee on P2P
Customer Support24/7 multilingual support via live chat and help center
Visit Now

2.OKX P2P

Founded in 2017, OKX P2P has emerged as one of the leading P2P crypto exchanges in Asia. Its multilingual support caters to users from nations like India, Malaysia, and the Philippines. The platform trades in top cryptocurrencies such as USDT, BTC, ETH etc. and also supports more than 60 fiat currencies.

OKX P2P

For user safety, OKX employs an escrow system along with identity verification and 2FA. The exchange delivers excellent customer service, and its straightforward platform design enhances user experience. This makes OKX a go-to exchange in the Asian region for quick, safe, and inexpensive crypto transactions.

FeatureDetails
Platform NameOKX P2P
Established2017
Supported RegionsMost Asian countries (India, Vietnam, Philippines, etc.)
KYC RequirementsBasic KYC for limited trading; Full KYC unlocks higher limits
Accepted Payment MethodsUPI, Bank Transfer, PayNow, GCash, and local options
Supported CryptocurrenciesUSDT, BTC, ETH, and more
Fee StructureZero fees for P2P transactions
Security FeaturesEscrow system, 2FA, real-time fraud monitoring
User InterfaceMobile & Web app available in local languages
Customer Support24/7 live chat and multilingual support
Visit Now

3.Bybit P2P

Bybit P2P is one of the top P2P crypto exchanges in Asia for its convenience and reliability. It was launched in 2018 and supports multiple local languages which makes it easier for users from different parts of the continent to trade. Users can transact USDT, BTC, ETH and several other cryptocurrencies using local fiat currencies.

Bybit P2P

It offers two-factor authentication and escrow protection for all P2P transactions, which guarantees high-level security. The responsive customer service available 24/7, intuitive platform, and no trading fees improve the user’s experience. Bybit P2P offers Asian crypto traders trust and convenience.

FeatureDetails
Platform NameBybit P2P
Established2018
Supported RegionsMajor Asian countries (India, Indonesia, Thailand, etc.)
KYC RequirementsNo KYC needed for small trades; KYC increases limits
Accepted Payment MethodsUPI, Bank Transfer, GCash, Dana, PayNow, and more
Supported CryptocurrenciesUSDT, BTC, ETH, and others
Fee StructureZero fees for both buyers and sellers
Security FeaturesEscrow service, 2FA, anti-fraud measures
User InterfaceUser-friendly app & web interface in multiple Asian languages
Customer Support24/7 support with multilingual live chat
Visit Now

4.KuCoin P2P

Founded in 2017, KuCoin P2P is one of the leading P2P crypto exchange platforms in Asia. It has multiple languages for its users and allows trading in numerous cryptocurrencies like USDT, BTC, ETH and many more against fiat currencies. To protect users, KuCoin P2P employs an escrow account system along with multi-layered security frameworks, including KYC and two-factor authentication.

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KuCoin P2P

The platform’s services are enhanced by trading with no fees, fast settlement times, support anytime, and responsive customer service. This along with an extensive community and diverse methods of payment has cemented KuCoin P2P as a go to platform for Asian users looking to trade cryptocurrencies effortlessly.

FeatureDetails
Platform NameKuCoin P2P
Established2017
Supported RegionsPopular in Asia: India, Vietnam, Philippines, Malaysia, etc.
KYC RequirementsBasic email/phone needed to trade; KYC required for higher limits
Accepted Payment MethodsUPI, Bank Transfer, GCash, Momo, Dana, and local payment channels
Supported CryptocurrenciesUSDT, BTC, ETH, KCS, and more
Fee Structure0% trading fees for P2P transactions
Security FeaturesEscrow system, 2FA, AI fraud detection
User InterfaceMobile & desktop platforms, supports regional languages
Customer Support24/7 support via chat and ticket system
Visit Now

5.Huobi P2P (HTX)

Founded in 2013, Huobi P2P (now HTX) is one of the key players in the Asia’s P2P cryptocurrency exchange market, making a mark in countries such as China, Vietnam, and Indonesia. It is multi lingual which serves the needs of traders in the region.

Huobi P2P (HTX)

HTX P2P users can trade an extensive list of cryptocurrencies such as USDT, BTC and ETH without incurring any fees. The exchange implements two factor authentication and uses an escrow system to enhance security, safeguarding both the buyer and seller. Along with these features, Huobi offers flexible customer support in multiple languages which allows users from different areas to trade without any hurdles.

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FeatureDetails
Platform NameHuobi P2P (HTX)
Established2013
Supported RegionsWidely used in Asia: India, Vietnam, Indonesia, Malaysia, etc.
KYC RequirementsMinimal KYC for basic access; higher limits require identity verification
Accepted Payment MethodsUPI, Bank Transfer, GCash, PayNow, Dana, and local gateways
Supported CryptocurrenciesUSDT, BTC, ETH, and several major coins
Fee StructureZero fees for both buyers and sellers
Security FeaturesEscrow system, 2FA, trade protection measures
User InterfaceSupports local languages; smooth app & web interface
Customer Support24/7 multilingual live chat support
Visit Now

6.Paxful

Founded in 2015, Paxful is one of the most renowned peer-to-peer cryptocurrency exchanges in Asia due to its popularity and ease of access. The platform supports various regional languages like Hindi, Filipino, and Indonesian which increases accessibility to users from different parts of Asia.

Paxful

Along with Bitcoin, Paxful supports Ethereum and USDT which gives users the freedom to pay through different channels including bank transfers and digital wallets. Security measures like escrow accounts and two-factor authentication enable safe trading which makes Paxful a trusted platform. In addition, with responsive customer support available anytime, Paxful stands out as a reliable platform for fast and simple peer-to-peer cryptocurrency trading throughout Asia.

FeatureDetails
Platform NamePaxful
Established2015
Supported RegionsPopular across Asia: India, Philippines, Pakistan, Indonesia, etc.
KYC RequirementsNo KYC for small trades; KYC required for higher volume trading
Accepted Payment Methods300+ methods including UPI, Bank Transfer, PayPal, GCash, Paytm
Supported CryptocurrenciesBTC, USDT, ETH
Fee StructureBuyers pay 0% fee; Sellers pay 0.5%–1% depending on payment method
Security FeaturesEscrow protection, 2FA, dispute resolution
User InterfaceEasy-to-use app and web platform; supports major Asian languages
Customer Support24/7 support with dispute mediation
Visit Now

7.Gate.io P2P

Gate.io P2P has been in operation since 2013 and is one of the leading peer-to-peer cryptocurrency exchanges in Asia. They support a variety of cryptocurrencies including BTC, USDT, and ETH. Furthermore, the exchange has local language options for users from China, India, and Vietnam which expands its reach across the Asian continent.

Gate.io P2P

Gate.io employs strong security features including escrow services and two-factor authentication, ensuring enhanced security for traders. In addition, the exchange offers multilingual customer support. Because of the simple interface, active customer support, and robust security features, Gate.io P2P is a go-to option for traders in Asia.

FeatureDetails
Platform NameGate.io P2P
Established2013
Supported RegionsActive in Asia: India, Vietnam, Thailand, Indonesia, etc.
KYC RequirementsBasic account can view listings; KYC required to post or trade
Accepted Payment MethodsUPI, Bank Transfer, GCash, PayNow, Dana, local bank options
Supported CryptocurrenciesUSDT, BTC, ETH, and others
Fee StructureZero P2P trading fees
Security FeaturesEscrow system, 2FA, anti-scam measures
User InterfaceWeb and mobile app; supports regional languages
Customer Support24/7 live chat and help center
Visit Now

8.Remitano

Established in 2014, Remitano is among the frontrunners of P2P cryptocurrency exchanges in Asia. It has maintained a reputation for a smooth and secure interface for trading digital currencies. Remitano facilitates numerous digital currencies such as Bitcoin (BTC), Ethereum (ETH), Tether (USDT) and also offers payment options of bank transfers alongside local payments.

Remitano

The exchange employs an escrow system to guarantee transaction security alongside two-factor authentication for extra security. Customers can reach out to support services through a live chat or email 24 hours a day, seven days a week, ensuring all issues are dealt with in a timely manner. Remitano’s strong focus on security and remarkable customer service makes it the go to exchange for P2P trading in crypto in Asia.

FeatureDetails
Platform NameRemitano
Established2015
Supported RegionsAsia-focused: Vietnam, Malaysia, India, Pakistan, Nigeria, etc.
KYC RequirementsMinimal KYC for basic trades; ID verification for higher limits
Accepted Payment MethodsBank Transfer, UPI, Mobile Wallets (GCash, Momo, etc.)
Supported CryptocurrenciesBTC, USDT, ETH, BNB, XRP, LTC
Fee Structure1% fee for sellers; buyers pay 0%
Security FeaturesEscrow system, 2FA, dispute resolution system
User InterfaceSimple web & mobile app interface; supports major Asian languages
Customer Support24/7 support via ticket and live chat
Visit Now

9.HodlHodl

Hodl Hodl is a decentralized P2P crypto exchange which was founded in 2017. The company is well known across Asia for its privacy-centric trading practices. They also support a variety of languages, such as Chinese, and allow the trading of Bitcoin and Litecoin through a multisignature escrow system.

HodlHodl

Because of the way this system is set up, Hodl Hodl is unable to ever hold user funds, greatly improving security and minimizing the risks associated with centralized systems. The platform charges a maximum fee of 0.5% per trade, split equally between buyer and seller.

Users have access to email, Telegram, and community forums for 24/7 support. Because of their policies regarding privacy and security, as well as user control which remain unparalleled, traders are drawn to the platform for a decentralized exchange experience.

FeatureDetails
Platform NameHodlHodl
Established2018
Supported RegionsGlobal platform, including users from Asia (India, Philippines, etc.)
KYC RequirementsNo KYC required; entirely non-custodial
Accepted Payment MethodsBank Transfer, Revolut, Payoneer, SWIFT, custom payment options
Supported CryptocurrenciesBTC, USDT (Lightning Network supported)
Fee Structure0.6% (0.3% buyer + 0.3% seller)
Security FeaturesMultisig escrow, non-custodial trades, 2FA
User InterfaceWeb-based; supports English and multiple international languages
Customer SupportEmail and community support
Visit Now

Conclusion

To summarize, leading Peer-to-Peer exchanges in Asia that include Huobi (HTX), Paxful, Gate.io, Remitano, and HodlHodl have tailored features to ensure ease of use, security, and convenience specific to the region.

They not only support many local languages and payment methods but also accept several cryptocurrencies which increases accessibility for traders all over Asia. Users can expect a pleasant trading experience as their accounts are well protected by escrow services and 2FA, alongside responsive customer support.

Whether just starting out in trading or an experienced trader, one will always find adequate and instant P2P trading solutions at these platforms.

FAQ

What is a P2P crypto exchange?

A P2P (peer-to-peer) crypto exchange connects buyers and sellers directly, allowing them to trade cryptocurrencies without intermediaries.

Which is the best P2P crypto exchange in Asia?

Top options include Huobi (HTX), Paxful, Gate.io, Remitano, and HodlHodl, known for regional support, security, and low fees.

Are P2P exchanges safe?

Yes, reputable platforms use escrow services, two-factor authentication (2FA), and encryption to ensure secure transactions.

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ByLarry Peter
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Larry Peter is a cryptocurrency exchange expert having over 8 years of experience. He entered the scene in the early days of Bitcoin & has quickly become known has a respected voice in the crypto community. New and experienced traders can count on Larry and his dead-on reviews and analysis to help them understand that which may be too complex to comprehend. He has been featured in major crypto outlets and hold talks in popular blockchain conferences. As always, Larry is dedicated to providing clear and transparent information to inspire the success of others in the fast-paced world of digital currency.
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