Questions tagged [p2p]

DigitalLegendGuard Wed Jul 03 2024 | 5 answers 1001

Could you please elaborate on peer-to-peer (P2P) cryptocurrency exchanges? In simple terms, how do they operate? Are they decentralized platforms that allow individuals to buy and sell digital currencies directly with each other, without the involvement of a traditional intermediary or central authority? Do they typically have lower transaction fees compared to centralized exchanges? And what measures do they take to ensure security and trustworthiness within the exchange environment? I'm interested in understanding the core concepts and working mechanisms behind these types of platforms.

KimonoElegance Tue Jun 25 2024 | 5 answers 1354

I don't understand this question. Could you please assist me in answering it?

Claudio Tue Jun 11 2024 | 5 answers 973

Could you please clarify something for me? I've been wondering if it's possible to purchase USDT, the Tether stablecoin, without engaging in peer-to-peer (P2P) transactions. I understand that P2P trading platforms offer a way for individuals to buy and sell cryptocurrencies directly, but I'm interested in alternative methods. Is there a way to purchase USDT through centralized exchanges or other means without having to go through a P2P process? I'd appreciate any insight you can provide on this matter.

KpopHarmony Tue Jun 04 2024 | 5 answers 1008

Could you please clarify if wormhole operates on a peer-to-peer network? Is it a decentralized platform where users can directly interact with each other without the need for centralized intermediaries? Furthermore, does wormhole utilize peer-to-peer technology to facilitate transactions and enhance scalability? It would be helpful if you could provide more details about its operational model and whether it adheres to the principles of a p2p network.

EchoPulse Thu May 09 2024 | 5 answers 1017

Could you clarify if Binance has prohibited Peer-to-Peer (P2P) transactions? I'm trying to understand the current regulations and policies within the platform as it relates to this specific mode of exchange. I've heard rumors about certain restrictions, but I'd like to get a definitive answer from you, as a professional in the field of cryptocurrency and finance. Your expertise in this area would greatly assist me in navigating the complexities of Binance and its policies towards P2P transactions. Thank you for your time and assistance in clarifying this matter.