Frequently Asked Questions
P2P exchanges operate on the decentralized principle, which is the foundation of blockchain technology. It enables direct trading between buyers and sellers without the need for middlemen.
Because a P2P transaction doesn't involve any third parties, users benefit from increased security and privacy. The bulk of people prefer trading on P2P exchanges for this reason. More users choosing P2P trading means more chances for platform owners to generate income.
The features that you choose to incorporate into your exchange will determine how much development will cost. Nonetheless, creating a white label exchange takes less time and money to establish than creating a unique exchange from the ground up.
Because P2P trading platforms do not rely on third parties, they are more dependable. P2P cryptocurrency exchanges soak up a lot of systemic slack and pave the way for the next wave of adoption in this market, while centralized exchanges must comply with strict rules and have hefty operational overheads and transaction fees.