P2P Exchange is a crypto market which functions to bring together buyers and sellers who can interact and transact directly without third parties. The way the P2P exchange platform works is also quite easy and simple, sellers only need to offer a number of their cryptocurrencies and a specified or desired price, if a buyer is interested, then the bidding action will be carried out without the intervention of the regulator, and seller and buyer transactions will be recorded on the server data. on blockchain contracts. Currently, many people use P2P services, both on the exchanges Binance, Huobi, Kraken, Kucoin, etc.
What are the advantages of P2P Exchange?
- Thread starter Suba
- Start date
Initially I was very afraid of doing p2p exchange, my money was in cashmaal and due to this fear I was just taking out money in mobile load, then I started doing it with palpitation then I find it out the system of p2p is so nice there is very less chance as someone cheat us if do so he will lose his account.
- Thread starter
- #5
Many parties consider p2p to be fairer because every actor, whether seller or buyer, has the same opportunity to benefit. The seller can determine the price while the buyer can choose the right price so that it will increase the liquidity of the p2p exchange.
P2P is a wonderful innovation. With P2P, it is possible to use crypto even in countries where cryptocurrency is consider illegal. Without P2P, I can not be able to make money through cryptocurrency because it is illegal in my country.
Peer to peer generally have lower transaction fees and allows users to get paid in a wide range of payment options. Because of its global reach, you are almost sure to get paid via any payment method you may wish.
That is another thing but we should just make sure that we do not provide unnecessary information to the people that we want to be trading with so that we will not give them the information that they should not know
