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What is El Dorado’s P2P marketplace and how it works

The P2P marketplace connects USDT buyers and sellers to trade securely with local currency.

Updated over 6 months ago

📖 What is the P2P marketplace

El Dorado’s peer-to-peer (P2P) marketplace is the space where users can:

  • Buy USDT by paying in local currency to other users.

  • Sell USDT and receive payments in their local account or wallet.

The entire process happens directly between users, with El Dorado acting as a secure intermediary that holds funds until the trade is completed.


📖 How the system works

  1. Order creation

    • A buyer or seller initiates a trade in the El Dorado app.

  2. Funds locked in escrow

    • When a user sells USDT, those funds are locked in escrow by El Dorado until the transaction is confirmed.

  3. Payment in local currency

    • The buyer transfers money to the seller using available payment methods (e.g., Mercado Pago, Nequi, Pix, Yape, local banks, etc.).

  4. Release of funds

    • Once the seller confirms receiving the payment, the USDT are automatically released to the buyer.

  5. Support in case of dispute

    • If there’s an issue, either party can open a dispute, and El Dorado’s team will act as mediator.


🔒 Advantages of El Dorado’s P2P marketplace

  • Security: USDT is held in escrow until payment is confirmed.

  • Flexibility: multiple payment methods available depending on your country.

  • Accessibility: start with small amounts and increase as your KYC level allows.


⚠️ Risk warning

  • Never complete payments or withdrawals outside the El Dorado app.

  • Avoid sharing personal or banking information directly with other users.

  • If someone pressures you to release funds without receiving payment, open a dispute immediately.

(More details will be covered in the article “What to do if I have a problem in a P2P transaction”).


💡 Useful tips

  • Always check the reputation and history of the user you’re trading with.

  • Only use the payment methods authorized in the platform.

  • If payment isn’t confirmed in time, open a dispute so support can assist you.


📲 Useful links


👉 El Dorado’s P2P marketplace allows you to buy and sell USDT safely, quickly, and reliably, with support available in case of issues.

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