Prominent Features of a P2P Cryptocurrency Exchange Platform

Article about Prominent Features of a P2P Cryptocurrency Exchange Platform

Published by

Jul 26, 2021

What is Peer-to-peer (P2P) Exchange ?

The exchange of assets (cryptocurrencies) or information between parties without intermediator. P2P is based on a decentralized approach.

This approach has been used in trading cryptocurrencies. The Traditional Cryptocurrency Exchanges serve as intermediaries between their traders (Customers) and make a profit by Trading fees.

decentralized p2p exchanges is a pre programmed software so, it’s does not required any third parties while trading

Why We need to use P2P Crypto Exchanges


Global Marketplace

Multiple Payment Integration

Security

Global Marketplace :

The  advantages of using Peer-to-peer  exchange is that it gives you access to a global market of cryptocurrency Traders. Users can buy and sell cryptocurrencies with people across the globe.


Multiple Payment Integration :

When trading on Traditional  exchanges, you can not have as multiple payment options as when trading on P2P exchanges.
Security :


It helps in enhancing security. There is no third party involved while trading.  Users have complete control over their own cryptocurrency.

Advantages of using P2P Cryptocurrency Exchange :

P2P exchange offers Private and secure transactions and cheap to use

Cheap Operations:

 Traditional Exchanges are operated by a person, we have to pay for their work, P2P exchanges work on automatically run by software. So, no need to pay any person. 


Security :

Peer-to-Peer cryptocurrency exchanges do not hold the bitcoins or altcoins for their users - instead it connects traders who have bitcoin to connect them. So nobody can steal your bitcoin.


What Bitdeal Provides :


Bitdeal is a P2P Crypto exchange development company providing some unique features 


  • Smart Contracts Powered Bitcoin Escrow Script


  • Decentralized Bitcoin Escrow Script



Bitdeal’s P2P Cryptocurrency Exchange Script features :


  • Master Escrow Wallet


  • Multi Currency Wallet


  • Trade Through Ads


  • Dispute Management


  • Proximity Match


  • Private Messaging https://www.bitdeal.net/p2p-crypto-exchange-development


Articles authored by alex jaxon

Published: Sep 8, 2021