Many users ask us if it's possible to use third-party payment methods on El Dorado P2P to buy or sell USDT.
In this article, we explain everything you need to know about using third-party accounts on El Dorado and the security considerations you should keep in mind.
Can I buy USDT using a third-party payment method on El Dorado?
Using third-party payment methods to buy USDT on El Dorado P2P is not allowed.
The main reason is to prevent triangulation, a risky practice that can affect both buyers and merchants on our platform.
If you want to buy USDT safely, we strongly recommend using a payment method that is registered in your name. This reduces risk and ensures the transaction goes smoothly.
Can I sell USDT using a third-party payment method on El Dorado?
While it's not recommended to sell USDT using third-party accounts, in exceptional cases, you may link a third-party payment method when completing a P2P transaction.
However, the final decision is up to the merchant. That means the merchant can accept or reject the trade if they notice that the payment method is not under your name.
🆕 Can I configure whether I accept or send third-party payments when posting an ad?
Yes! Now, merchants can decide whether to accept payments from third-party accounts when creating an ad on El Dorado P2P.
How does it work?
When creating a new USDT sell ad, you'll see an option like this:
“Do you accept to send/receive payments from a third-party account for this ad?”
You can choose between:
- ✅ Yes: You accept/send payments from accounts not under the buyer’s name.
- ❌ No: You only accept/send payments from methods registered under the buyer’s name.
This gives merchants more control and helps ensure transactions are clear and secure.
How does El Dorado handle transactions with third-party accounts?
At El Dorado P2P, security is our top priority. That’s why we implement strict measures to guarantee secure transactions and prevent fraud.
📌 KYC verification and data matching
When you register a payment method, your personal data will be automatically filled in based on the information verified during your KYC (Know Your Customer) process.
This ensures that the bank account or wallet used matches the identity of the user initiating the transaction.
📌 Use of third-party payment methods
If you want to operate using a third-party account, you must register it in the app beforehand.
The merchant handling the order will see that it’s a third-party payment method and can choose whether to accept or cancel the transaction.
⚠️ Important:
- You can only use third-party payment methods to sell USDT.
- You cannot register third-party payment methods to buy USDT.
Buy and sell USDT quickly and securely with El Dorado P2P. Download our app on iOS or Android and enjoy all the benefits of our platform today.
📲 Download El Dorado on iOS or Android and start buying and selling USDT quickly and securely.
