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    How Does P2P Work in Crypto? The advent of cryptocurrency has revolutionized the manner in which we exchange digital assets, and peer-to-peer (P2P) exchanges have been at the forefront of this revolution. While conventional exchanges work with middlemen, P2P crypto exchanges allow for direct buyer-seller transactions without using third parties. But precisely how does a P2P operate in crypto, and what is its popularity? What is a P2P Crypto Exchange? A P2P crypto exchange is an open trading system in which the users directly purchase and sell the crypto among themselves. Rather than employing a centralized mechanism to pair orders, the platform matches buyers and sellers based on price, payment method, and location. Key Features of a P2P Exchange: Direct Trading: The users deal directly with one another, devoid of third-party intervention. Multiple Payment Methods: Provides flexibility through different payment modes. Privacy & Security: The transactions are secured with escrow services and smart contracts. How Does a P2P Exchange Work? A P2P cryptocurrency exchange works differently from a centralized exchange such as Coinbase or Binance. Here's the process broken down: 1. User Registration & Account Setup Users sign up on a P2P cryptocurrency exchange development service platform. Identity verification (KYC) is optional based on the policies of the platform. Buyers and sellers personalize their trade preferences, including payment and price. 2. Listing & Matching Orders Sellers post their crypto assets for sale with a price and payment methods. Buyers search listings and select an appropriate offer. Some sites, particularly white-label crypto exchange solutions, provide AI-based matching to identify the best offers. 3. Escrow Protection & Trade Execution After an order is placed by a buyer, the platform locks the seller's crypto in escrow. The payment is made by the buyer through the agreed mode. 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