Advantages of Peer to Peer Trading
Access to a global marketplace
A P2P exchange will give you access to a global market of buyers and sellers, where crypto can be bought and sold within seconds.
More options for payment methods
There are often limitations with payment options on traditional exchanges. A P2P exchange removes this limitation as there are often many more options available.
Reduced trading fees
P2P exchanges will often offer reduced or minimized trading fees. As thereâs no central server, each peer is responsible for storing and sending information, meaning no fees are charged by the application host.
Higher levels of privacy
While most P2P platforms will ask for sign-up, very little will ask for personal information such as identification/ passports/ etc.
Security and control
Users have complete control over currencies and protection over their identity as thereâs no third-party involved. P2P has no single point of failure, so if a node goes offline or suddenly becomes unavailable, the network can still function.
