Kazakhstan's First Regulated P2P Crypto Trading Platform Launches

In a major move for Kazakhstan's digital asset scene, a new peer-to-peer (P2P) trading platform has been introduced. This platform is the first of its kind in the country, operating under a fully regulated framework. It aims to provide a transparent and secure space for buying and selling digital assets.

Key Features

• Licensed Financial Institutions: The platform works with licensed financial institutions, which act as Makers, while verified users are Takers.
• Secure Transactions: All money transfers go through corporate bank accounts of these licensed institutions, not personal accounts, preventing fraud and ensuring compliance.
• Initial Phase: Users can make transactions using their verified Halyk Bank cards. Each transaction is checked for identity and bank details.

Trading Process

• Buying Crypto:

  1. Select an offer.
  2. Transfer money from your Halyk Bank account to the Maker's corporate account.
  3. Once the payment is confirmed, the crypto is sent to your wallet.

• Selling Crypto:

  1. Follow a similar process.
  2. Receive money on your verified card after the transfer is confirmed.

Regulated P2P Model

• Corporate Accounts: All money transfers go through corporate accounts of licensed institutions.
• Compliance: The platform complies with anti-money laundering (AML) and know your customer (KYC) standards.
• Supervision: Each transaction is supervised by both the platform and the Maker institution.
• Traceability: Ensures full traceability and reporting.

Transaction Limits

• Maximum Transaction: 2.5 million KZT
• Daily Limit: 5 million KZT
• No Commissions: There are no commissions charged for P2P transactions.

Launch Campaign

• Duration: November 17 to December 13, 2025
• Rewards: New users can get various rewards, including guaranteed crypto incentives and entries into prize draws.

Significance

This launch is a big deal for Kazakhstan's crypto market. It offers a compliant way for users to trade assets, combining the flexibility of P2P trading with a secure framework supported by licensed institutions. The platform aims to bring clarity in money movement and predictable settlements.