Data-driven insights from 100+ live trades, 20,000+ tweets, and far too many "hello boss" messages.
We deployed 30+ real people across 5 major platforms to conduct 100s of transactions and observe what P2P actually looks like in the real world.
We scraped 31k+ tweets from 2022–2025, cleaned them to 20k, and analyzed sentiment, pain points, emotional patterns, and viral incidents.
Straight Facts & Figures. No Eenie Meenie Miney Moe
Of trades matched the amount users were supposed to receive. The remaining 31% were short-paid, sometimes by kobo, sometimes by hundreds.
Of all payouts arrived in 3 minutes or less. More than half of all P2P trades were extremely fast when the vendor was responsive.
Of trades took more than 10 minutes, and these were responsible for most complaints.
- A real tweet from the 20,000 we analyzed.
Most P2P stress comes from one thing: not knowing what will happen next.
The fastest payout in the entire research was 1 minute. The slowest was 86 minutes.
P2P is functional, but it is not designed for safety, consistency, or beginners.
Of traders reported some form of fraud attempt or suspicious behaviour.
Some of the smoothest transactions came from traders with 100% ratings. The roughest ones came from everyone else.
Only 6.25% of all trades experienced a dispute, but when disputes happen, resolution is slow and unclear.
Download the complete research report to see every insight, case study, chart, and screenshots.
100+ Live Trades
2K+ Tweets
30+ Real Traders
A 60+ page deep dive into Nigeria’s P2P ecosystem includes:
We ran a P2P research project at Breet in November 2025, with seven people trading on Bybit P2P. Here’s what two of them...
In November 2025, we conducted a P2P research at Breet, asking five people to trade on Bitget P2P and document their exp...
In November 2025, as part of Breet’s P2P research, we asked three people to test Gate.io P2P and record their trades. He...
Download the complete research report to see every insight, case study, chart, and screenshots.
