KuCoin

P2P crypto trading allows users to buy and sell crypto without relying on intermediaries. Platforms like KuCoin provide P2P crypto trading services.

You can easily transfer the money to the seller using a method both of you are fine with, and get crypto in your wallet in return. - P2P exchanges, on the other hand, are middlemen and have no control over your holdings. - Fiat to crypto: It’s not that other exchanges don’t allow users to buy crypto using fiat currencies, but P2P is the best way for those who want to start trading only once they have a healthy supply of crypto in their wallets. The company conducts operations in over 200 countries and has been doing business in the crypto space since 2017. These charges are usually lower on P2P crypto exchanges, and usually don’t exceed 1% of the transaction size. Now, P2P trading doesn’t necessarily mean that you don’t have to know and understand the crypto industry. - Control over price: On regular exchanges, the price of a cryptocurrency is set by the market. The same isn’t always true for P2P exchanges, and neither the exchange nor the government, act as central authorities. In simpler terms, once a buyer places the order, KuCoin freezes the requisite crypto in the seller’s account. On the KuCoin P2P Trade platform, the exchange provides an escrow service, which makes the transactions safer than usual. Unlike most crypto exchanges, where the third party actually holds a custodian wallet that facilitates all the trades, in KuCoin P2P trading, people buy and sell cryptocurrencies from each other. It wasn’t the same decentralized internet that the world is building today, but P2P is where many of us were first introduced to this concept.