FAQ

What is PeerNest?

A peer-to-peer marketplace where people buy and sell crypto directly with each other, protected by escrow.

Do I need to verify my identity?

You can verify your ID from the Market page. Verification may be required to trade or withdraw.

How does escrow work?

When a trade starts, the seller’s crypto is locked. It is released to the buyer after the seller confirms payment, or returned to the seller if the trade is cancelled or expires.

What if the other trader does not respond?

Open a dispute after the buyer marks the trade as paid. A moderator will step in.

How long do I have to pay?

30 minutes from the moment the trade opens.

How do I deposit and withdraw?

Open Wallet in the Market. Deposits are credited after confirmation, and withdrawals are processed by our team.

What are the fees?

See the Fees page. The current trading fee is 1%.