Peer-to-peer exchange (also known as P2P exchange) came in as a solution to all the technical failures, cyber-attacks, and theft to centralized exchanges. It is a decentralized form of exchange where all the transactions are maintained and operated without any third-party involvement. A P2P exchange allows two parties to directly meet and exchange their financial needs without the intermediation of any third party.
A P2P crypto exchange platform runs as a cryptocurrency exchange software but does not rely on third-party services to drive transactions between users. It matches traders behind the buy and sell orders instead of just matching the orders. There is a pre-programmed set of instructions that are carried out automatically without the intermediation of any middleman. It is only in the case of a dispute that an arbitrator comes into action to resolve it.
The Best P2P exchange development company integrates all of the security mechanisms in the exchange, as it does not have a central authority to prevent fraudulent activities.
P2P crypto exchanges are a more reliable form of crypto exchange model. However, when starting with the development of your platform, make sure you are well aware of the crypto rules in your country.
If you are planning to build your crypto exchange, Antier can help. We are recognized as the top P2P exchange development company with clients across the globe.
We offer a white label P2P exchange solution to help you enter the crypto market in just 7 days, and on the contrary, we can build a custom exchange platform for you from scratch.
Schedule a free demo of our white label P2P exchange or connect with our subject matter experts to share your business needs.