Press release on Sep. 15, 2023
P2P cryptocurrency exchanges are gaining popularity due to their advantages over centralized exchanges, such as lower fees and more privacy.
The peer-to-peer (P2P) cryptocurrency market is experiencing a surge in activity, with multiple exchanges competing for leadership, and this growth is driven by the growing popularity of cryptocurrencies and growing demand for decentralized trading platforms.
The P2P exchange allows traders to buy and sell virtual currency directly without a broker, which provides various benefits such as privacy, security, and strengthening transaction control, and P2P exchanges often have lower fees than centralized exchanges.
Due to these advantages, P2P exchanges have recently become more popular, and a number of major exchanges, such as Binance, Excoinz, and Paxful, are launching P2P trading platforms that offer a variety of features and services, making them attractive to both novice and skilled traders. In particular, Excoinz's aggressive promotion in Asia is receiving positive responses. This is because the commission is only 1%, so ordinary customers like it, and good commissions are paid to recommended people. In addition, Excoinz continues to strengthen its legal team to conduct ethical management, and Manila, where Excoinz's Asian general headquarters is located, is also recruiting customer center staff.
P2P exchanges are competing to take part of the growing market, and exchanges are increasingly offering competitive rates, fees and features to attract traders. This competition is beneficial to traders because it reduces costs and broadens choices.
The growth of the P2P cryptocurrency market is expected to continue in the future, and demand for decentralized trading platforms is expected to increase as cryptocurrencies are widely adopted. P2P exchanges are well positioned to meet this demand because they offer many advantages over centralized exchanges.
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