We're building the open data layer for peer-to-peer crypto markets.
P2PRate.live is part of OpenRate — an open-data initiative dedicated to bringing transparency, education, and safety to peer-to-peer cryptocurrency trading. We aggregate live prices from nine of the world's largest P2P exchanges and publish them — free, no login, no rate limits — so anyone making real-money decisions has access to the same data professional desks do.
What we promise
Education
Most people don't understand how P2P actually works — what an escrow does, what a completion rate means, why the local rate trades at a premium. We explain the mechanics in plain language, not jargon.
Safety
P2P markets attract scam merchants. We surface the trust signals exchanges expose — completion rate, order count, badge tier, release speed — and rank merchants accordingly so newcomers can spot the difference.
Transparency
Every number on our site is computed from publicly observable data and clearly attributed. Our methodology is open. Our raw data is free to query via our public JSON API. Other tools can build on top of us.
Why this exists
In countries with banking friction or capital controls — India, Russia, Pakistan, Indonesia, much of Africa and Latin America — the P2P USDT/local-currency rate is the real exchange rate. It reflects what people actually pay to move money offshore, baking in every kind of cost the official forex rate ignores. For tens of millions of people, this rate is more meaningful than what their central bank prints on a daily basis.
But until P2PRate.live, there was no honest, free, multi-exchange view of what that rate actually was. Each exchange shows you only its own order book. The aggregators that did exist were either paywalled, ad-stuffed, or only covered a single fiat. We built the thing we wished existed: live prices across nine exchanges, all five major emerging-market fiats, refreshed every 60 seconds, available to anyone in the world without an account.
We're not a brokerage. We don't take custody of your funds. We don't earn commission on trades. We aggregate prices, surface merchant trust signals, and give traders the same situational awareness institutional desks have always had.
How it works
Our crawler polls the public P2P APIs of Binance, Bybit, OKX, and HTX every 60 seconds, writing each merchant ad as a row to a TimescaleDB hypertable. For Bitget, MEXC, Gate, BingX, and KuCoin we ingest a daily reference snapshot from p2p.army for price comparison. The pages you see rebuild from that database every 30 seconds — what's on screen is, at the slowest, half a minute old.
Trust signals come straight from the exchange APIs themselves: the merchant's reported completion rate, monthly + all-time order counts, badge tier, average release time. We don't fabricate ratings — we derive a 0-100 trust score from those raw inputs and publish the formula so you can audit it.
Volume estimates use the geometric mean of each ad's min/max trade size — a realistic typical-trade estimate for log-normally distributed P2P markets. This is documented honestly: it's an estimate, not a measurement, and we say so on the relevant pages.
Coverage
/api/p2p-rates — JSON, no login, no rate limits, CC-BY 4.0.Who's behind this
P2PRate.live is built and operated by the OpenRate team — engineers and analysts working on open financial data infrastructure. We run the crawlers, maintain the API, write the methodology pages, and make every product decision in public. If anything looks wrong on the site, the buck stops with us — please flag it.
We don't take payment from any exchange in exchange for visibility, ranking, or favourable copy. The 9 exchanges we cover were chosen because they have the deepest P2P books in the markets we serve — not because they paid for placement.
Safety primer for new P2P traders
The data we aggregate is only useful if you know what to do with it. A short, honest checklist:
- 1Always wait for actual bank credit before releasing escrow.
The single most common P2P scam: the buyer sends a screenshot of a payment that didn't actually clear. Don't release escrow until your bank statement reflects the credit, not just an SMS alert.
- 2Filter for ≥98% completion rate + ≥500 monthly orders.
Anything below those numbers carries materially higher risk of the trade being cancelled, slow-walked, or disputed. Our merchants page filters and ranks by these signals automatically.
- 3Never move trades off-platform.
If a counterparty asks to negotiate via Telegram, WhatsApp, or their own escrow service — walk away immediately. The only protection P2P trading has is the exchange's escrow.
- 4Start small on a new merchant pair.
Even with great signals, do a small first trade ($25-100) before scaling. Some merchants have stellar past records but suddenly start delaying — execution quality drifts.
- 5Watch for spreads that are too good to be true.
A merchant priced 5% below market is almost always advertising a trap — terms-and-conditions clauses that let them cancel after you pay, requiring receipts they can dispute, etc. Tight spreads are where real arbitrage lives; suspicious spreads are where new traders lose money.