P2P Cryptocurrency Exchange –
A peer-to-peer approach to trading
Utilizing the fundamental concept of blockchain technology, which is decentralization, a P2P (peer-to-peer) exchange executes transactions without any involvement of a central authority while connecting the buyers and sellers directly. The platform is powered by a smart contract-based Escrow system to foster reliable transactions.
Assimilate The Power of P2P Trading
Tap into the burgeoning peer-to-peer trading network with our mission-driven approach to develop P2P exchange software.
Our highly cohesive teams align development processes with your goals to deliver an ecosystem of trust. We combine our deep domain expertise and technology-agnostic approach to build a coherent roadmap that navigates the development of your P2P exchange platform and accelerates time-to-market.
P2P Cryptocurrency Exchange Features
How P2P Cryptocurrency Exchange works
- Users (Buyers and Sellers) register on a P2P exchange platform
- Users undergo KYC verification process
- Buyer places a buy order
- A wallet address is created for the Buyer
- The matching engine matches the Buyer with the right Seller
- The buyer and seller confirm and agree on the terms of the trade
- Smart contract-based Escrow holds Seller’s crypto assets to be sold
- Buyer makes the payment for crypto assets to be purchased
- The seller confirms the payment
- Escrow releases crypto assets, transferring the same to Buyer’s wallet address
- Buyer can transfer the assets to cold wallet
Our P2P Exchange Development Process
Requirement Gathering and Planning
Acquire in-depth understanding of your business goals and devise a strategic plan for peer to peer exchange development to incubate an application that aligns with your objectives.
Build the Solution
Design and architect P2P solution with technology and process considerations on the chosen platform, while addressing crucial aspects like UI/UX security, smart contract and legal policies.
List required coins or tokens on to the exchange.
Test and improve
Test the exchange for necessary performance and usability and make required improvements accordingly.
Implement P2P solution into your IT environment with the help of our dedicated blockchain team. Enable changes and updates.