Benefits of P2P Exchanges

Related Categories : Financial Cooperatives

1) Globalized Marketplace: P2P crypto exchanges offer a wide range of asset trading. The traders can exchange their crypto coins to fiat currencies and vice versa. You can connect with potential trading peers all over the world through P2P exchanges directly. 2) Devoid Of KYC Processes: The crypto users in P2P crypto exchanges are not prompted for KYC verification processes mandatorily. The crypto traders can directly kick-start the trading of assets without any KYC verification. 3) Enhanced Security & Privacy: P2P crypto exchanges render escrow service built on secured smart contract protocols. The arbitrators come into place when there are disputes in the trade operations performed in P2P trade platforms. 4) No Withdrawal or Transaction Fees: Unlike centralized crypto exchanges, P2P crypto exchanges do not incur charges for the withdrawal of fiat money or crypto assets. Also, the P2P crypto exchanges do not have any limitations on deposits or trading crypto coins. 5) Desired Payment Options: P2P exchange platforms offer a wide range of payment options like Paypal, Paytm, bank transfers, credit and debit cards, and much more. Depending on the service provider, the payment options vary. Every P2P exchange has its own set of payment gateways with a lot of options.