India’s cryptocurrency ecosystem is burgeoning in the number of crypto holders, the volumes traded, exchanges available and developments in the field. Bitcoin (BTC) in particular is witnessing a surge in demand in India with the rise of the new peer to peer exchanges (P2P) in the past months. In the past few years, P2P exchanges
Lately, there has been a growing trend where more traders are opting for P2P crypto exchanges as compared to their centralized counterparts. This isn’t surprising given the many shortcomings of centralized exchanges, including holding users’ funds, security issues due to centralization, manipulation of various aspects like prices, faking volume, lack of privacy, and many more.
Leading cryptocurrency exchange, Binance, has launched a peer-to-peer (P2P) trading function on its spot trading platform. The newly developed P2P system which is yet exclusive to China’s fiat currency will enable Binance users to exchange BTC, ETH, and USDT against the Chinese Yuan. In an official announcement, Binance noted that access to P2P trading will be
Note: “This analysis is an adaptation from the work of Mati Greenspan, Senior Market Analyst at eToro Key Highlights New Projects clinging to Bitcoin’s blockchain drive transaction rates Indonesian P2P volumes continue to rise Crypto market continues its strong rise Bitcoin develops a completely new use case as dangers of network spamming rise A recent article
It’s been some time that Whatsapp has been testing P2P fiat payments for users. Well, Tron is planning to do something similar, yes with cryptos but on a different platform, Twitter. Seedit Tron’s payment platform is soon planning to launch on Twitter allowing users to send and receive TRX across the globe using the social