Flaxbit

Locked Staking

ID Coin Percent Lock Period Minimum Amt

What are the advantages?

Codono
Low transaction fees
Because the P2P exchange is a simple platform, the overheads are extremely low for both buyers and sellers.
In Codono P2P, no trading commission is charged from market takers. Market makers, on the other hand, pay a low commission after each completed order. We are committed to applying the lowest P2P trading commission among all markets.
Codono
Flexible payment methods
Peer-to-peer exchanges give merchants the freedom to choose their payment method.
At Codono P2P you can buy and sell crypto with over 150 payment methods including bank transfer, cash, PayPal, M-Pesa and many e-wallets.
Codono
Trade at any price you want
Peer-to-peer exchanges give users the freedom to buy and sell crypto at any price.
In Codono P2P, you can buy and sell crypto from existing offers or create a trading post at the prices you set yourself.
Codono
Your privacy is protected
Unlike credit cards and bank transfers, peer-to-peer exchanges do not collect information about buyers and sellers.
You can buy Bitcoin with cash on Codono P2P and you don't need to use a bank account or online wallet to do fiat-crypto transactions.

FAQ

What is Locked Staking?

Locked Staking is the process of holding funds in a cryptocurrency wallet to support the operations of a blockchain network.

What will happen when I'm holding Locked Staking?

We will reduce the cryptocurrency amounts which you're holding in your spot wallet.

How to buy cryptocurrency on Codono P2P?

When you complete your identity verification and add your payment methods, you are now ready to receive crypto on the Codono P2P platform. First, choose from all the available offers on the marketplace. After that, create an order to receive your crypto and pay the seller with their preferred payment method. Finally, after you complete the fiat transfer and confirm your payment on Codono P2P, get your crypto from the seller.

How to sell cryptocurrency on Codono P2P?

You can sell cryptocurrencies instantly and securely on the Codono P2P platform! First, browse the crypto you want to sell and find the most suitable offer among other users' offers. To create an order, you must first transfer the cryptocurrencies you want to sell to the P2P wallet section of your account.

What are the downsides of P2P exchanges?

P2P exchanges also have disadvantages. These disadvantages include long trading times, not very intuitive user experience, and low liquidity. Compared to regular cryptocurrency exchanges, they have lower trading volumes, a smaller user base and longer trading cycles.