The problem with centralized exchanges
Centralized exchanges control your wallet, decide which payment methods to support, and can freeze accounts or delist ETB pairs with little warning. Several major platforms have already removed or restricted Ethiopian Birr P2P trading.
What makes P2P different
In a true P2P exchange, the platform only matches buyers and sellers and provides escrow. You keep custody of your crypto, choose your payment method, and trade directly with another person in Ethiopia.
Pico P2P advantages
- Zero P2P trading fees
- Built-in Solana wallet — no external wallet required
- Supports all major Ethiopian payment methods
- Non-custodial escrow and moderated disputes
- Deposit 120+ cryptocurrencies and receive Solana USDT
When to use a centralized exchange
Large exchanges still make sense for advanced traders who need futures, deep liquidity, and hundreds of trading pairs. For everyday ETB-to-USDT needs, a local P2P exchange is usually faster, cheaper, and more flexible.