How to Withdraw Money From Deriv Using Deriv P2P (DP2P): Step by Step

Deriv P2P (DP2P) lets you cash out your Deriv balance into your local currency by selling it to another user, who pays you by bank transfer, mobile money, or another local method. It costs nothing in Deriv fees and takes a few minutes to set up. Here is exactly how to create a sell ad and get paid, step by step.

👉 Do not have a Deriv account yet? You can open one here and practice on a free demo while you learn.

What Is Deriv P2P?

Deriv P2P is a marketplace inside Deriv where users buy and sell account balance with each other using local payment methods. When you withdraw, you are the seller: a buyer sends you local money, and once you confirm it arrived, the matching USD leaves your Deriv balance and goes to them. It is especially useful where cards and international transfers are limited.

Part 1: Get Set Up

Step 1: Install the Deriv P2P App

Download the app from the Google Play Store or the Apple App Store, open it, and log in with your Deriv account details.

Tip: Complete your Deriv identity verification first. Unverified accounts cannot use P2P.

Step 2: Open My Ads and Create an Ad

Tap My ads at the bottom right, then tap Create ad.

Part 2: Create Your Sell Ad

Step 3: Set the Ad Type, Rate, and Amount

Choose I want to sell, pick the local currency you want to receive, enter your rate per USD, then the total amount and the minimum and maximum order size.

Tip: Check the rates other sellers are offering. A rate far above the market can leave your ad sitting unanswered for hours.

Step 4: Add Your Payment Details

Select how the buyer will pay you (bank transfer, mobile money, and so on) and add optional instructions, such as “Send proof of payment in the chat.” Do not put personal contact details here, since everyone can see them.

Step 5: Set Ad Conditions

Choose the order time limit (how long the buyer has to pay, such as 15 minutes) and which countries can see your ad, then tap Create ad.

Part 3: Get Paid

Step 6: Your Ad Is Live

Your ad is now on the marketplace. Share it or wait for a buyer. When someone places an order, you get a notification.

Step 7: Confirm Payment and Release

Check your bank or mobile money account. Only when the money has actually arrived, confirm the payment in the order so the funds are released to the buyer.

Tip: Never release funds based on a screenshot or SMS alone. Check your real balance first. Fake payment proofs are the most common P2P scam.

Common Problems and How to Fix Them

Nobody is picking my ad

Your rate may be too high or your order limits too narrow. Adjust the rate closer to other sellers and widen the minimum and maximum order size.

The buyer says they paid but I see nothing

Do not release. Wait for the money to reflect, chat with the buyer in the order, and raise a complaint with Deriv support if the time limit runs out.

I cannot access P2P

P2P depends on your country and requires a verified account. Check your verification status in Deriv first.

What to Do Next

Deriv P2P also works for deposits from $1; see the Deriv minimum deposit guide. New to Deriv? Start with how to open a Deriv account and our Deriv review.

Frequently Asked Questions

Does Deriv charge fees for P2P withdrawals?

No, Deriv does not charge P2P fees. Your bank or mobile money provider may charge its own fees.

How fast is a Deriv P2P withdrawal?

Once a buyer takes your order and pays, you confirm and it completes. Most orders finish within the time limit you set, such as 15 minutes.

What happens if the buyer does not pay?

The order expires when the time limit runs out and your funds stay in your account.

Can I use Deriv P2P in Zimbabwe?

Deriv P2P is available in many African countries, including Zimbabwe, depending on Deriv’s current rules. The app shows the countries and methods available to you.

Do I need to verify my account?

Yes. Deriv P2P requires a verified Deriv account.

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This post contains an affiliate link. If you sign up through the links above, we may earn a commission at no extra cost to you. Trading involves risk and is not suitable for everyone; this is not investment advice.

Deriv offers complex derivatives, such as options and contracts for difference (“CFDs”). These products may not be suitable for all clients, and trading them puts you at risk. Please ensure you understand the following risks before trading Deriv products: (a) you may lose some or all of the money you invest in the trade; (b) if your trade involves currency conversion, exchange rates will affect your profit and loss. You should never trade with borrowed money or with money that you cannot afford to lose. Trading involves risk and is not suitable for everyone; this is not investment advice.