How to sell on peer-to-peer

With iDeyPay marketplace (peer-to-peer), you sell bitcoin by interacting with a buy trade ad or creating a sell trade. You can find out how to create a sell trade ad here. This article shows the process of interacting with a buyer.

You need to have bitcoin in your Bitcoin Wallet before you can sell bitcoin on the marketplace.

You can learn how to deposit bitcoin to your iDeyPay Bitcoin Wallet here.

1. Login or Sign Up.

Visit, or download our Android app, iDeyPay from Google Play Store.

Click  “Login” if you have an account already, or “Sign up” if you don’t have an iDeyPay account.

2. Go to the Marketplace.

Once you’re signed in, click on the menu icon then select the option that says “Peer to Peer“ or click the “Marketplace” icon on the dashboard.

3. Select the Sell option.

On the Marketplace page, you will see a list of Sell Bitcoin ads created by other traders. Go through the list and select the trade ad you wish to engage with and click on ‘Sell Now‘ to see more information about the trade ad.

4. Fill the Form.

Select your payment method based on the option provided by the ad poster.

Each payment option serves it purpose:

  • Naira Wallet: For instant automatic trading, your Naira Wallet will be automatically credited, if you select this payment option.
  • Bank Transfer: If you select this option. You will provide your bank account details in the real-time trade chat.
  • Bank Transfer or Naira Wallet: You can choose to pay with any of the two.

Provide the amount you want to sell in Naira or BTC and click “Sell Now”.

5. Submit.

If the form has been submitted, you will be redirected to the trade chat page where you can provide your bank details and instruction.

  • Your trade is automatically completed and you will receive Naira instantly in your iDeyPay Naira wallet, if you choose Naira Wallet as your payment method.
  • The transaction details will reflect in your wallet transactions.