What is P2B?
P2B (formerly P2PB2B) is a Lithuania-based centralized exchange that opened in 2018. It's earned attention across Europe as a token-heavy platform with a strong launchpad focus, tying new listings directly into classic spot trading.
Growth and reach
- Handles about $1.38 billion in daily volume (~12,400 BTC), landing it inside CoinMarketCap's top 20 exchanges.
- Lists roughly 123-150 coins across 180-200 spot markets.
- Cold wallets hold around $6 million in assets, spread over BTC, ETH, BSC, and Polygon.
What sets it apart
P2B leans hard into aggressive token listings and early-stage launches. It has hosted over 2,000 projects, raising more than $10 million through IDO/IEO campaigns. Startups use it for liquidity boosts and promo exposure, making it a go-to for discovering new coins.
Fee setup and VIP structure
- Spot fees start near 0.2%, dipping to 0.01% for high-volume VIPs.
- Crypto deposits are free, while withdrawals run ~0.0005-0.0008 BTC depending on the coin.
- Fiat support exists but costs more - around 10% on deposits and about $3 to pull funds out.
Liquidity and daily volume
Total spot turnover hovers from $1.3B to $1.4B. Pairs like BTC/USDT soak up most of this liquidity, leaving smaller alt books thinner by comparison. Still, daily flow is solid for major trades.
Security profile
- Scores an AA from CER.live, roughly 88% - reflecting penetration tests and bug bounty activity.
- Claims 98% of user assets sit in cold storage, with some insurance protection.
- That said, there's no widely published audit or public proof-of-reserves.
Customer experience
Offers 24/7 chat and email support. Trustpilot shows they respond to about 96% of negative reviews, but overall ratings land around 3.3 to 3.6 stars. Common complaints mention slow withdrawals or vague ticket answers.
P2B quick snapshot
- Launched: 2018, Lithuania
- Volume: ~$1.38B daily (~12,400 BTC)
- Markets: 123-150 coins; 180-200 pairs
- Fees: ~0.2%, down to 0.01% VIP
- Withdrawals: ~0.0005-0.0008 BTC
- Custody: Cold/hot wallets; AA CER score
- Launchpad: 2,000+ projects, $10M+ raised
- Fiat: Available but costly
- Support: 24/7, mixed reviews
Who benefits most
- Traders hunting new tokens or fresh launches.
- Users pushing big spot volumes without needing margin.
- Anyone prioritizing cold storage and a decent security score.
Not ideal for those seeking derivatives, deep regulatory oversight, or slick fiat onramps.
Final verdict
P2B carved out a niche by doubling down on early token listings, healthy daily liquidity, and competitive VIP fee paths. Its security marks, launchpad activity, and steady volume make it attractive for certain traders. But costly fiat, no margin, and mixed user reviews mean it's best for cautious token chasers - not for parking large portfolios long term.