Beginner’s Guide to Noones: How to Buy and Sell Crypto via P2P With No Extra Fees

According to data shown by global data and business intelligence platform Statistica, there are 22% of Indians and South Africans who either owned or used cryptocurrencies in 2024—the third and fourth countries with the most out of the 56 surveyed nations.

But there is an international trading platform that is said to be the “financial communication super app” that connects the global conversation, which is done through chat, and the world’s financial system, which is done through payments, to the people of the Global South. 

This trading platform is known as NoOnes, which offers people in the Global South the ability to trade with all forms of payment on its marketplace and make payments peer-to-peer—all with a Bitcoin wallet that acts as a store of value, with a focus market in Nigeria, Ghana, China, India, and the Philippines.

What’s the significance: This article seeks to introduce to readers what NoOne is, what its features are, and how to use it. 

This article is published in collaboration with NoOnes! Register here to create an account!

What is NoOnes?

• Set-up: Peer-to-peer marketplace
• Supported Assets: $BTC, $USDT, $USDC, $ETH
• Tagline: NoOnes’ is pro-human, pro-trade, pro-Bitcoin
• Mission: Unleash the true power of the Global South, allow money to flow freely, and end economic apartheid, all using Bitcoin.
• Founder and CEO: Ray Youssef, previously the co-founder of Paxful and the Built With Bitcoin Foundation.
• Main Design: In a 2023 media statement, the founders said that the initial design of NoOne is to be a messenger, where the majority of peer-to-peer trades take place industry-wide, aiming to monetize chat in a value-added way.

By the Numbers

• 1.5 Million: Total Users
• $100 Million: Monthly Trading Volume
• $25 Million: Total Crypto Reserves
  • 339 $BTC
  • 217 $ETH
  • 10.94 million $USDT
  • 128, 890 $USDC
• 48,514: Daily Number of Trades
• 16,159: Daily Wallet Transactions

Features of NoOnes 

• Home Page: The home page is the platform’s main dashboard. Within the home page, there are available buttons for depositing crypto, trading, p2p marketplace, swaps between coins, payment accounts, and offers. The QR code for referring new users is also displayed on the Home page. 

• My Assets: The page where the user can monitor their portfolio, the amount of tokens they own, and their history of transactions.

• Trade: This is where users can trade, create an offer, or swap tokens. It has three sub-features:

• P2P: It is a peer-to-peer marketplace where users can buy and sell tokens directly with other users.

• Gift Cards: The feature that allows users to trade their gift cards into crypto.

• Trade Spot: A spot trading feature.

• Virtual Card: Within this feature, users can create a VISA-powered digital card that they can use to pay for their monthly subscriptions and online shopping using the crypto in their wallet.

• Deposit: The feature where users can see their wallet addresses to receive crypto. It has two options:
  • Via Lightning Network: Users can send and receive tokens through the Lightning Network.

• Via On-Chain: Users can receive tokens through the addresses and QR code provided.

• More: The only feature on this page is the “Mobile Top-up” feature, where users can connect their phone number and buy a load by paying crypto. 

Key Highlights of NoOnes

• Decentralized Trading: Trading on the NoOnes platform is peer-to-peer, which means that users can directly buy and sell crypto with other users. 
• User-Friendly Interface: NoOnes is designed to be easy to use, the developers claimed, especially for beginners.
• Low Transaction Fees: To be able to reach NoOnes’s goal of offering financial services to Global South, the platform’s charges were set at lower fees. 
• Global Accessibility: The good thing is, though NoOnes’ target market is the countries under the Global South, it is available worldwide. 
• Escrow Services: NoOnes implements an escrow system, which ensures that both parties fulfill their part of the deal before the transaction is completed.
• Charitable: According to a statement, NoOnes is planning to donate to the Built With Bitcoin Foundation, a 501(c)(3) not-for-profit dedicated to creating equitable opportunity by providing clean water, access to quality education, sustainable farming, and humanitarian support—all powered by Bitcoin.
• Community-Centric: 20% of NoOne’s revenue from fees will be distributed to NoOnes traders through a series of airdrop campaigns, the team also pledged. 

Key quote: 

“My dream is to give everyone in our community a seat at the table. I pledge to airdrop equity in NoOnes to NoOnes citizens. The people of the Global South have been denied such access, but now, for the first time in history, normal people will get in on the hottest IPO before any Wall Street Fat Cats or VC’s. Let’s make history together!”

Ray Youssef, Chief Executive Officer, NoOne

How to Get Started with Noones

• Start: Go to https://noones.com/ and click “Create Your Account.”
  • Or download on Android and iOS mobile phones.

• Sign-up: Create an account using a Google, Facebook, or iOS account or with an email address.

• Country verification: Choose the country of origin.

• Welcome Tasks: Click the “Go to Wallet” button to proceed.
  • Watch also the intro video and refer new users using the provided code to earn $SATS.

• That’s It: Your account has been created. You can change your basic info in the “Profile” part. 

Benefits of Using Noones

• User Control: Users have full control over their assets and trades.
• Enhanced Security: NoOnes assures users that they are prioritizing the platform’s security to keep the users’ funds safe.
• Cost-Effective Trading: Lower fees mean more value for trades.
• Global Trading Opportunities: The P2P is not only available within the user’s countrymen, they can also trade with people from different countries.

Overall

• Do Your Research: Because NoOnes offers P2P trading, there are still of course risks, so it is better to study what these risks are and how to mitigate them, and familiarize with how p2p works. 
• Start Small: To familiarize with how p2p works, it is advisable to start trading with small amounts, like around $20 only. At least if something not good happens, the funds are not that heavy to deal with. 
• Stay Secure: Make sure that the Google Account connected in creating an account is secured, with a two-factor authentication process. 

At the end of the day, trading in a peer-to-peer marketplace has advantages and disadvantages compared to those in DEXs and CEXs. 

So, it is better to be mindful of trading on different platforms, especially what we are using in trading are our hard-earned funds. 

May this guide on how to use NoOnes make you informed about its advantages over other platforms. 

References: 

• https://www.statista.com/statistics/1202468/global-cryptocurrency-ownership/ 
• https://www.civilsdaily.com/news/global-south-origins-and-significance/
• https://noones.com/blog/academy/videos/noones-academy-a-quick-overview-of-the-noones-platform/
• https://noones.com/blog/academy/ 
• https://noones.com/about 
• https://support.noones.com/hc/en-us/articles/6125367709071-What-is-Noones
• https://bitcoinmagazine.com/business/bitcoin-entrepreneurs-introduce-noones-app-aimed-at-empowering-financial-freedom 

This article is published on BitPinas in collaboration with NoOnes: Beginner’s Guide to Noones: Understanding the Basics of P2P Crypto Trading

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