Understanding Peer-to-Peer (P2P) Transactions
P2P transactions occur directly between buyers and sellers on OKX.com (the "Platform"). Once matched, both parties must complete real-name authentication to verify identities.
Key Risks and Responsibilities
- User Accountability: All use of OKX P2P services—including interactions with third-party content—is at your sole risk.
- Platform Role: OKX solely facilitates the digital asset transaction process. Completed payments are final unless legally required otherwise.
- Dispute Resolution: OKX holds no obligation to mediate disputes arising from completed payments or third-party communications.
Identity Verification Process
Buyers/sellers may request additional identity verification or transaction details. Note:
- Counterparties reserve the right to decline such requests.
- If verification is refused, the transaction initiator ("taker") should cancel the trade.
- OKX does not oversee communications between users and bears no liability for related losses.
Involvement of Third Parties
Transactions may involve:
- Verification services
- Escrow agents
- Payment providers
- Banking partners
Users must comply with these third parties' terms. OKX is not liable for losses caused by their actions.
👉 Learn how to safely navigate P2P trading
Legal Priority Clause
In case of discrepancies between this disclaimer’s English version and any translated terms, the English text prevails.
FAQs: OKX P2P Trading
1. What happens if a buyer refuses identity verification?
The seller may cancel the transaction. OKX does not enforce verification compliance.
2. Can OKX reverse a completed P2P payment?
No. Payments are final unless mandated by law.
3. How does OKX protect users from third-party risks?
👉 Review our security guidelines here. Users must independently assess third-party terms.
4. Who resolves P2P disputes?
OKX does not arbitrate disputes. Users must settle conflicts directly or seek legal recourse.
Key Terms: P2P trading, OKX disclaimer, third-party risks, identity verification, payment finality