Back to glossary
P2P Trading
P2P (peer-to-peer) trading in crypto refers to the buying and selling of cryptocurrencies directly between individuals, without the involvement of a central intermediary or exchange. It typically takes place on decentralized (DEX) platforms, which use blockchain technology to facilitate transactions and provide a secure and transparent record of the trade.
Decentralized finance (DeFi) provides a number of benefits, such as greater privacy, faster transaction times, and lower fees compared to traditional centralized exchanges (DEXs). However, P2P trading also has its own set of risks, such as the potential for fraud or scams, and a lack of regulation.