A reference for terms commonly used in P2P crypto trading. Each term has a short definition and an extended explanation.
Definition: Profiting from price differences for the same crypto across different P2P exchanges or payment methods.
P2P arbitrage means buying crypto on one platform (cheaper) and selling on another (higher) to capture the spread. P2P arbitrage is constrained by volume caps, KYC, and bank-transfer settlement times. Satoshkin keeps your prices optimal so you do not miss arbitrage windows.
Definition: Automated tool that updates your P2P listing price in response to competitor moves.
A repricer polls the exchange API every few seconds, reads the current order book, and recomputes your price by a formula — for example, "always be 0.05% below the top competitor but not below floor N". This turns manual P2P trading into automation and lets you scale volume without scaling headcount.
Definition: A single price-change event on your listing.
Each time the repricer updates your listing price counts as one rebid. Exchanges throttle rebids per minute/hour — Binance, for example, allows ~20 per listing per minute. Satoshkin tracks these limits to avoid temporary API bans.
Definition: A market participant who posts a P2P offer (sets the price) rather than taking an existing one.
In P2P, a maker publishes a buy or sell offer at their chosen price and waits for a counterparty. Makers usually pay lower fees than takers (often 0%) but carry the risk of stale orders. Satoshkin is built for makers: automation keeps your offers competitive 24/7.
Definition: A participant who accepts an existing P2P offer (executes against another user's order).
A taker accepts the maker's current price. In P2P this is the buyer who clicks "Buy" on a listing, or the seller who responds to a buy request. Taker fees are usually higher, but the trade closes faster. Satoshkin does not operate in taker mode — it is strictly maker automation.
Definition: The difference between the best bid and best ask in a P2P order book.
Tighter spreads mean more competition and less profit per trade. The P2P maker's goal is to capture part of the spread: buy slightly above bid, sell slightly below ask. Satoshkin's repricer reacts to spread changes in real time and keeps your prices in the right band.
Definition: The volume that can be bought or sold in a given P2P pair without significantly moving the price.
High liquidity means many active makers and takers — tight spread, fast fills. Low liquidity is typical for thin pairs (e.g. USDT/RUB on a small exchange): wide spread, small volumes. Satoshkin shows liquidity dashboards per connected exchange.
Definition: Temporary lock of the seller's crypto until the fiat transfer is confirmed.
In P2P, escrow is a built-in exchange mechanism that protects both sides: when a trade is opened, the seller's crypto is locked and only released to the buyer after fiat confirmation. This reduces fraud but introduces delay. Satoshkin handles escrow status correctly during trade automation.
Definition: Know Your Transaction / Anti-Money Laundering — checking the origin of crypto for ties to illicit activity.
KYT services (Chainalysis, AMLBot, etc.) flag addresses linked to mixers, sanctioned wallets, or scam funds. P2P traders run KYT before accepting crypto to avoid receiving "tainted" coins later frozen by the exchange. Satoshkin offers a dedicated KYT product (see /kyt).
Definition: A strategy where a trader continuously holds both buy and sell orders, earning the spread.
Classic market makers provide liquidity: they post both bid and ask at once and earn the spread. The same applies in P2P: one operator holds active "buying USDT for RUB" and "selling USDT for RUB" at the same time. Satoshkin supports market making by managing buy/sell offers in parallel.
Definition: Maximum P2P trade volume per period imposed by the exchange or regulator.
Exchanges (e.g. Binance) set monthly or weekly P2P volume caps based on KYC tier. Once you exceed the cap, P2P trading pauses until the period rolls over. Satoshkin tracks how close you are to the cap and automatically delists your offers to avoid hitting a block.
Definition: Exchange metric reflecting reliability and activity of a P2P seller/buyer.
Built from completed-trade count, response time, cancellation rate, and feedback. A high rating gives perks: higher volume cap, better listing position at equal price, fewer trade delays. Satoshkin helps maintain rating with fast automatic payment confirmations and chat handling.