Below are the benefits of P2P trading:

1. Absence of intermediary:

 There is no intermediary in the Peer-to-Peer exchange platform. This makes it possible that exchange is not being interfered with by a third party and this makes transactions faster transparent. 

2. There is no centralized control:

The Peer-to-Peer platforms are decentralized and so are the transactions No one can interfere with the exchange process, not even the Central bank can influence the pattern and flow of transactions.

3. Security:

Peer-to-Peer platforms are highly secure because all transactions are fully protected against cyber attackers.

The  escrow accounts is used to hold funds until the transaction is completed which makes transactions very secure.

4. Anonymity:

The Peer-to-peer services do not collect user data, unlike the centralized exchange platforms.  There is no need for documents verification and other tests before you can be eligible to use the platforms.  This allows the parties to the transaction to maintain their privacy.

5. User rating:

Peer to Peer platforms evaluates the seller after the completion of the transaction. This feature provides access to view the volume and number of transactions, the level of trust, and the number of disputes which helps you to choose the most reliable users.

6. No commission:

Exchangers operating in Peer-to-Peer platforms do not charge for the transaction. Sellers pay the minimum fee which normally does not exceed 1%.

7. Best value:

 Prices are not set by the Peer-to-Peer platforms. This means that traders can trade for the most competitive price.

8. Convenient payment terms:

You can deposit or withdraw funds without using bank accounts and payment cards. Peer to Peer platforms allows traders to deposit or withdraw funds without using bank accounts or bank cards. Traders can use additional payment methods like international transfers, gift cards, phone top-ups, to make deposits or withdraw funds.