Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced the launch of its enhanced P2P services with full API support for certified merchants. This new open API integration empowers advertisers and merchants to streamline their operations, automate key processes, and scale up transaction volume. 

Going Pro in P2P Trading 

With the new addition, eligible Bybit P2P merchants now have the capability to interact more directly with the platform via the API. The new API integration supports critical and high-frequency P2P operations, including:

  • Managing Advertisements: Merchants can now more easily manage advertisements, access ad lists, view ad details, and edit listings directly through the API, significantly reducing manual effort and enabling rapid responses to shifting market conditions.
  • Payment and Token Deposit Operations: The API also facilitates smooth P2P transactions, enabling users to view account information, place orders, confirm payments, and release assets at the API level. This allows merchants to streamline large groups of transactions efficiently and securely.

With Bybit P2P’s open API, merchants have the option to centralize their trading operations at the user end and strategize at their convenience. The tool stands to take P2P trading on Bybit to the next level, simplifying frequent and time-sensitive tasks and automating time-consuming manual processes. 

Secure Access and Integration Integrity

Currently, access to the Bybit P2P API is reserved for advertisers at the VA level or above. To use the P2P API, users must meet two technical requirements to ensure security and proper integration. First, users must enable API permissions and create an API key, confirming the correct way to interact with the API for secure communication. Second, the user must access the API documentation and make authorized calls accordingly. 

Bybit invests in platform improvements to support open, efficient operations that make sense for traders, saving them resources and time. Continuing its tradition of seeking innovative, user-centric solutions, the new feature enables deeper integration and a better user experience. By expanding API access, Bybit P2P empowers merchants and advertisers to remain agile and competitive in the dynamic P2P marketplace.