What is a P2P Exchange?

 P2P or Peer-to-peer exchange is a decentralized form of exchange. It basically allows the users or the participants to trade directly with each other. The exchange is maintained on a blockchain-powered platform.

In other words, P2P exchanges allow you to directly transfer cryptocurrency from your account to the account of another person without the need for intermediaries or any third party. P2P exchange gives you a more personalized trading experience as you deal directly with other individuals

These services essentially remove the involvement of the middleman, banks, foreign exchange (forex) services, and other institutions. As it operates by allowing users to make trades between themselves. Since there are no dealers involved, users may be able to get a better rate on their exchange.

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