July 23, 2020 1:15 AM EDT
As the number of crypto traders increases, the peer-to-peer crypto exchange market is growing tremendously.
Typically, a Peer-to-peer exchange works on a decentralized mechanism. It allows buyers and sellers to trade without the need for an intermediate.
The P2P Crypto exchange cut out the middleman and provide a trustless environment for the users. An escrow service never holds exchanges, and the transactions between participants are done entirely based on the smart contracts and atomic swaps.
This post was edited by Isabella Aria at July 23, 2020 1:16 AM EDT