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. The platform works with licensed financial institutions. These institutions act as Makers, while verified users are Takers. All money transfers go through corporate bank accounts of these licensed institutions, not personal accounts. This setup helps prevent fraud and ensures compliance with regulations. During the initial phase, users can make transactions using their verified Halyk Bank cards. Each transaction is checked for identity and bank details. Both the platform and the participating institution oversee these checks. The trading process is straightforward. To buy crypto, users select an offer and transfer money from their Halyk Bank account to the Maker's corporate account. Once the payment is confirmed, the crypto is sent to the user's wallet. Selling crypto follows a similar process, with the user receiving money on their verified card after the transfer is confirmed. This regulated P2P model has several key features. All money transfers go through corporate accounts of licensed institutions. The platform complies with anti-money laundering (AML) and know your customer (KYC) standards. Each transaction is supervised by both the platform and the Maker institution. The system also ensures full traceability and reporting. The platform has set transaction limits. Users can make a maximum transaction of 2. 5 million KZT and a daily limit of 5 million KZT. There are no commissions charged for P2P transactions. To celebrate the launch, the platform is running a campaign from November 17 to December 13, 2025. New users can get various rewards, including guaranteed crypto incentives and entries into prize draws. 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.