A P2P crypto exchange is a decentralized platform that allows users to trade cryptocurrencies directly with one another, without the need for intermediaries. These platforms act as facilitators, connecting buyers and sellers while ensuring secure transactions through features like escrow services. Peer-to-peer trading works by enabling users to post trade offers, specifying their preferred prices and payment methods. Once a buyer selects an offer, the platform holds the seller’s cryptocurrency in escrow until the payment is verified, ensuring a safe exchange for both parties. This decentralized approach provides greater privacy, reduced costs, and global accessibility, making P2P exchanges an attractive choice for modern crypto traders.
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