Can I use third-party payment methods in El Dorado P2P?

Tutorial

Many users ask us if it is possible to use third-party payment methods in El Dorado P2P To buy or sell USDT.

In this article, we explain everything you need to know about payments with third-party accounts in El Dorado and the security considerations you should keep in mind.

Can I buy USDT with a third-party payment method in El Dorado?

You are not allowed to use third-party payment methods to buy USDT on El Dorado P2P.

The main reason is to avoid triangulations, a risky practice that can affect both buyers and merchants within our platform.

If you want to buy USDT in a secure way, we recommend that you always use a payment method that is registered in your name. This will reduce risks and ensure that the transaction completes smoothly.

Can I sell USDT with a third-party payment method in El Dorado?

Although it is not recommended to sell USDT using third-party accounts, in Exceptional cases you can link a third-party payment method when performing a P2P transaction.

However, the final decision lies with the merchant. That is, the merchant can accept or reject the transaction if they detect that you are using a payment method that is not in your name.

🆕 Can I configure whether I accept or send payments to third parties when posting an ad?

Yes! Now the Traders can decide whether or not they accept payments from third-party accounts when creating an ad in El Dorado P2P.

How does it work?

When you create a new USDT sale ad, you'll see an option like this:

“Do you agree to make/receive payments from a third-party account in this ad?”

You can choose between:

  • Yes: You Accept/Send payments from accounts that are not in the name of the buyer.
  • non: You will only accept or send payments to methods registered in the buyer's name.

This gives traders more control and helps operations to be carried out with greater transparency and security.

How does El Dorado control transactions with third-party accounts?

In El Dorado P2P, safety is our priority. Therefore, we implement measures to ensure secure transactions and prevent fraud.

📌 KYC Verification and Data Matching

When registering a payment method, personal data will be completed automatically with the verified information in your KYC (Know Your Customer) process.

This ensures that the bank account or wallet used matches the user's identity who performs the transaction.

📌 Use of third-party payment methods

If you want to trade with a third-party account, you must pre-register it in the app.

The merchant who attends the order will see that it is a third-party payment method and you can decide whether to accept or cancel the transaction.

⚠️ Important:

  • You can only use third-party payment methods to sell USDT.
  • You can't register third-party payment methods to buy USDT.

Buy and sell USDT quickly and securely on El Dorado P2P. Download our app at iOS or Android and enjoy all the benefits of our platform today.

📲 Download the El Dorado app at iOS or Android and start buying and selling USDT quickly and securely.

This article is intended solely for general information, education, and discussion purposes; it is not an offer, inducement, or solicitation of any kind, and should not be considered legal, financial, investment, tax, or other advice. This article is not directed at, and the information contained herein is not intended for distribution or use by any person or entity in any jurisdiction or country where such distribution, publication, availability, or use would be contrary to law or regulation or otherwise prohibited or would subject El Dorado and/or its affiliates to any registration or licensing requirement.

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