General Discussion

What is P2P in crypto ?

SCAMMER
SCAMMER

May 03, 2025

What is p2p? Peer to peer is decentralized network where participants connect directly with each other, bypassing a central server or intermediary


How does it work on crypto?

Here’s how it works:


  • You and another person agree on the price and payment method


  • The platform holds the crypto in escrow (a safe place) until both sides confirm the deal.


  • You can use different payment methods like bank transfer, PayPal, or even cash.


  • It gives you more control over your trades and can be safer if done carefully.




Popular platforms for P2P trading are Binance P2P, Paxful, and LocalBitcoins. Just remember to be careful and avoid scams!


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