
Cryptocurrency is not just an alternative solution for fiat currency, it is a fintech solution that could bring a great change in our country’s economy and lifestyle too. The is lot of cryptocurrency exchange platforms are available to buy or sell any type of cryptocurrency & tokens.
When you are going to begin a new cryptocurrency exchange website you should analyze the popular crypto exchange site like local bitcoins,paxful,remitano, etc
What is Peer to Peer?
The exchanging and sharing information within two parties without the third person is called Peer to Peer or People to People. The exchange of bitcoin involves sellers and buyers with terms and conditions on the website.
Trader preferred Peer to peer exchange site
The trade conducted through an online method so, Seller can decide the own price of the bitcoin and what kind of payment acceptable. The buyers can easily search the sellers, according to the location, regarding the price of the bitcoin. They can conduct their own deal without the inter-mediated person.
The benefit of P2P Crypto Exchange Website
It requires KYC and AML provide for 100% privacy section.
No need to transact your funds to a third party wallet or exchange.
This exchange comes under user control while in trading.
The hosting is distributed through multiple nodes so there will be no server downtime.
In this exchange involvement of a third party, this pulls down operational fees to zero.
Sometimes it exists but is very low when compared to other exchanges.
I hope you have got some basic knowledge about Peer to Peer cryptocurrency exchange.
Did you want to start a cryptocurrency exchange in the P2P business model?
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