🛠️Problems Solved
The P2P exchange addresses several key issues that users face in the current cryptocurrency trading landscape:
Centralized Control: Traditional exchanges often require users to deposit funds into exchange-controlled wallets, exposing them to potential risks such as exchange hacks or insolvency. The P2P exchange eliminates this risk by enabling direct user-to-user trades.
High Fees: Centralized exchanges typically charge substantial fees for trades, withdrawals, and deposits. The P2P model minimizes these costs by allowing users to trade directly.
Privacy Concerns: Extensive KYC requirements on centralized exchanges can compromise user privacy. The P2P exchange provides a more private trading environment, where users can engage without revealing unnecessary personal information.
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