P2P

Summary: Peer-to-peer (P2P) Exchange is a platform that allows people to trade directly with one another eliminating the need for a centralized party to facilitate transactions.

Peer-to-Peer (P2P) Exchange is a platform that allows people to trade directly with one another eliminating the need for a centralized party to facilitate transactions. P2P does not demand any KYC details before initiating the trade. Peer-to-peer exchange is based on the concept of decentralized exchange enabling direct trading without the involvement of a third party or central authority. The major difference between DEX and P2P is the escrow, which plays a vital role and the escrow wallet is controlled by the admin.