Peer-to-peer (P2P) trading is a type of cryptocurrency exchange method that allows traders to trade directly with one another without the need for a centralized third party to facilitate the transactions.
Unlike traditional Bitcoin (BTC) exchanges, which typically have strict regulations and require users to go through a verification process before they can access and use the platform, P2P trading platforms tend to be much more relaxed in terms of their requirements.
File-sharing
Telephony or VoIP
Media streaming
Advantages
Multiple payment methods
Secure transactions
Exposes you to a global marketplace where you can buy and sell to users globally
Restrictions do not apply even in nations with strict laws on crypto trading
Community and customer support
Allows you to customize your offers with ad posting to attract sellers
No trading fee or commissions
Great transaction speed
Flexible trade orders
Disadvantages
Low liquidity
The risk of scams
Slow trading speeds
Key features of a P2P platform
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