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DeFi - P2P
Peer-to-peer (P2P) trading describes unregulated exchange systems that let consumers deal directly in cryptocurrency. The trading strategy is different from centralized exchanges in that it is less susceptible and involves no third party managing your money while you are trading.
On a peer-to-peer exchange, your order is compared to other users' pending orders. The trades are thus carried out immediately, and in contrast to centralized exchange fees, you simply pay a minimal network cost.
Last modified 6mo ago