Peer-to-peer (P2P) trading is a method of buying and selling cryptocurrencies directly between users without the need for a central intermediary. P2P exchanges connect buyers and sellers and provide a layer of protection. P2P trading is a convenient way to invest in cryptocurrency, as it allows you to buy or sell cryptocurrency directly with others and avoid some of the transaction fees associated with traditional exchanges. Here are some key features of P2P trading:

• Direct Trading: P2P trading allows traders to buy and sell cryptocurrencies directly with each other on a cryptocurrency exchange app or website.

• Global Marketplace: P2P exchanges offer a global marketplace, which allows users to access a wide range of trade offers and buy and sell to users globally.

• Multiple Payment Options: P2P trading offers diverse payment methods, which can include fiat currencies, bank transfers, and digital wallets.

• Personalized Offers: P2P trading allows users to control the prices, counterparties, and timing of their transactions.

• Lower Fees: P2P trading often has lower fees compared to traditional exchanges.

However, P2P trading also has its drawbacks, such as slower trading speeds and lower liquidity. P2P trading platforms work by matching buyers and sellers together to facilitate a trade, and the platform typically takes a small fee for each trade conducted. P2P trading can be compared to a matchmaking system. While P2P trading offers greater privacy and control, it also exposes users to potential risks like scams and liquidity issues.