Finding out the best P2P exchange platforms for purchasing Bitcoin? But before it, you must know the details about it! So, a peer-to-peer or P2P exchange is known as a decentralized exchange platform for groups or individuals.
P2P lending platforms permit the user for transfer of digital currencies directly into a person’s account via tablets, mobiles, or web browsers. It can happen without the interruption of any government command or banking institution.
The Most Popular Peer to Peer (P2P) Crypto Exchange Platforms in 2021
Here are the top P2P exchange platforms that are most suitable for 2021 and you can consider them to buy the bitcoin:
LocalBitcoins
It is a peer to peer exchange platform for local coins to bitcoins. Here, individuals directly trade with one another and use exchanges to make the procedure fast without any central authority. It provides services to 16430 cities in 248 nations; including India and supports all sorts of payments. It has escrow accounts for easy transactions, and you can use exchanges in areas that have no facilities for conventional banking.
Additional Perk: Top Bitcoin Buy And Sell App: Which Is Better?
LocalCoinSwap
This collection of funds is known as the most inclusive Blockchain P2P Lending Solutions. It is a non-custodial crypto exchange that supports more than 250 payment approaches worldwide. The first multi-blockchain P2P platform of the world is 100% secure via open-source smart contracts. It has a minimal fee structure and supports exchanges like Ethereum, Bitcoin, and other Altcoins.
Binance P2P
It is the largest cryptocurrency exchange that permits people to register and seal a deal. It has various vendors to sell their crypto, and needy people can buy from them directly. If you want to sell the coins, only list your ad and Binance will sell your crypto. Ir also permits people to purchase cryptocurrencies via different payment methods like P2P transfer, credit or debit cards, and also via fiat currency transfer.
WazirX (India)
WazirX is an India based P2P lending platform for trading digital assets such as Ethereum, Bitcoin, Ripple, Litecoin, etc. WRX is the value token offered in this exchange for all kinds of transactions and for trading other crypto coins. Users have to fill all the KYC details within the 15 days of the pre-sign phase. You can also earn extra 100 coins through its referral program.
Read More: How to Choose the Best P2P Lending Platforms for Cryptocurrency?
Remitano
This P2P exchange platform is incorporated in Seychelles, in which people can easily sell or buy the main cryptos with varied payment methods directly like cash deposit, bank transfer, etc. It also provides easy and simple UI with the lowest fee, and 24*7 customer care in comparison to other markets. This crypto exchange marketplace is also available for iOS and Android devices.
Bitxlato
The Bitxlato was launched in 2013, and now, this Russia-based exchange is a market leader with a daily turnover of $1,000,000 around and 30% market shares. It doesn’t need compulsory KYC for the persons who don’t want to disclose their identity. This platform includes the trading fee between 0%-0.5%, and users can have some of the promotions such as weekends without fees.
Paxful
Since 2015, it has been the most evolving Blockchain P2P Lending Solutions. It provides users to sell and purchase bitcoins via 300 varied payment methods consisting of debit or credit cards, Western Union, Paypal, etc. It also offers a different affiliate program through which users can make 50% of all trades through direct affiliates and 10% from the affiliates created by your affiliates.
BitValve
It is a newly released peer to peer decentralized exchange app based in Cyprus. It aims to alleviate the drawbacks of the existing system. It supports different cryptocurrencies like Ethereum, Bitcoin, Monero, Bitcoin Cash, etc. with low fees. It also provides both crypto-to-fiat and crypto-to-crypto dealing options. It also has its app for iOS and Android platforms.
Bottom Lines
In this above post, we provided information about some of the leading Blockchain P2P Lending platforms. If you are new to the crypto trading industry and you are trading for the first time, this article will help you to choose the appropriate P2P platform that will provide you with lots of benefits. I have also given the best practices and explanation to make these trades go smoothly and easily.
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