What is P2P Trading?

Peer-to-peer (P2P) trading is a cryptocurrency exchange mechanism that allows traders to deal directly with one another without the use of a centralized third party. P2P trading platforms, in contrast to standard Bitcoin (BTC) exchanges, which often have rigorous restrictions and need users to go through a verification procedure before they can access and utilize the platform, are significantly more lenient in terms of their criteria. Instead of utilizing an automated engine to perform your transactions, you may choose your favorite offer and trade directly with a counterparty in P2P trading. This means you may choose the best rate and payment option for your needs while still saving money. You can also better protect your personal information.