What is Peer-to-Peer Crypto Exchange and How Does it Work
P2P crypto exchanges allow users to trade cryptocurrencies directly with each other, without the need for an intermediary like a centralized exchange.
These platforms match buyers and sellers and facilitate transactions through an escrow system to ensure security.
Users can list buy or sell orders, specifying the cryptocurrency and the price they're willing to trade at.
P2P exchanges typically support various payment methods, including bank transfers, online payment systems, and even cash transactions.
They provide an online platform where users can communicate and negotiate terms before finalizing the trade.
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