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P2P Cryptocurrency Exchange Development - Essential Things you Need to Know !!
To overcome the difficulties faced in centralized exchanges, p2p crypto exchange development made by our blockchain and crypto developers who are now looking forward to enhance the market by introducing this type of crypto exchange and trading platform (i.e) decentralized peer-to-peer exchanges makes everything possible right now.
What is P2P crypto exchange and Why it is?
Peer to peer is a decentralized form of platform here all the crypto transactions are manged and transacted without any participation of middle man. The decentralized P2P bitcoin exchange platform facilitates two parties to directly meet (offline) and digital (online) to exchange their digital assets without the interaction of third parties
In simple words, decentralized P2P takes a limitless and uncontrolled approach which encourages a point to point interaction between individuals and groups. This technique simply describes computer networking architecture where each and every peer can act as a server for others as well as with digital currency trading.
Peer-to-peer exchange avoids result of many technical failures such as, third party interfaces, cyber-attacks, and stolen of cryptocurrencies from centralized exchanges.
How P2P crypto exchange works?
The P2P crypto exchange script matches buy and sell orders from crypto traders, it does not instantly process the trade. It makes a buyer with a seller and enables with a crypto trade them to deal without involving any middleman.
The Process of P2P Crypto Exchange Platform:
1. Initial Process : The New User need to register or sigup in your exchange platform
2. After Registration, the next process users will take to KYC/AML Verfication.
3. Place a trading order being with this as first process to start exchange.
4. A Wallet address created after putting the trade order.
5. Our Efficent and Fast trading match engine matches the trading process.
6. Agree the terms and conditions after the order matching between traders.
7. Seller's crypto assets are hold by Smart-contract based Escrow's
8. Buyers need to make payment to purchased the digital assets.
9. Sellers make the confirmation for payment from buyers.
10. Escrow's releases those same crypto assets to buyers wallet.
11, Buyers may save their crypto assets in cold wallet.
Features of P2P Crypto Exchange Script
⦁ Multiple Payment Options
Crypto users can send and receive currencies through various payment channels within the platform for easy and fast crypto transactions.
⦁ Escrow binded services
P2P crypto exchange offers secure and trusted smart contract-based escrow system fuels the trust and hope to make successful trading between the platform’s users.
⦁ Automated Transactions
Though its a decentralized peer-to-peer swaps automated crypto transactions drives trusted users’ transactions, eliminating the need for a middleman and cuts unnecessary transaction fee.
⦁ Multi-factor Authentication
Multi-Factor Authentication features such as email authentication or Google 2FA, are enabled for both the admin and the users to ensure tight security over crypto transactions.
⦁ Faster way to trade
The efficient trading engine feature allows customers to quickly choose their preferred trading match between sellers and vice-versa. This ensures a more easy, secure, smooth trading process.
⦁ User Interface
Our p2p crypto exchange script offers single paged solutions so it makes users can register and sigin themselves using their social media accounts and log and trade themselves int the platform with ease manner.
⦁ Haasle free Crypto Swapping
The crypto swapping option allows the traders to carry out a secure trading process, avoiding interaction of any middleman parties. The transactions can be processed and eliminated entirely avoiding the fraudlent of any digital agreements.
⦁ Accurate and Private Transaction
Both buyers and sellers can pick their desired orders over the large volume for crypto trading and vice versa.
⦁ Support multiple language and multiple cryptocurrencies
Our p2p crypto exchange script supports multiple language and various cryptocurrencies to achieve and attract crypto transactions over worldwide.
⦁ Real time market value
Our enriched p2p exchange script has built with displaying the volatile cryptocurrency value which can be monitored in real-time with no difficulties.
⦁ Top Notch match engine
Easy, fast, Secure, high-speed match engines are deployed to find perfect buyers and sellers without any time delays.
⦁ No third parties
Peer 2 Peer Crypto Exchange Script is the fastest ways to successfuly achieve transaction with no intermediaries or central authorities to deduct crypto transaction fee
⦁ Instant KYC & Profile Verification
Inbuilt automated KYC/AML enables admins to authorize the user profiles quickly and efficiently, which helps eliminate unauthorized users to your reliable crypto exchange platform.
Benefits of P2P Crypto Exchange Platform:
⦁ Low trading costs
⦁ Cutting edge blockchain solutions
⦁ Quicker and risk free transactions
⦁ Strenghtened Security and Privacy
⦁ Censorship in transactions
⦁ Provision for Global Transactions
⦁ Immunity to government regulations
⦁ Lower fees
⦁ Ensuring Fraud Prevention
Coinjoker - P2P crypto exchange development company provides more reliable solution of crypto exchange model to build your p2p crypto exchange platform.
If you are planning to start your p2p crypto exchange, Coinjoker will guide you to start it from scratch and want to know the working and business benefits of p2p exchange model. We are leading in providing crypto exchange development services for P2P exchange and we have immense clients all over the world.
Our white label P2P crypto exchange development solution to help you enter the crypto world in just 1 week and we offer various additional crypto development services to enrich your cryto trading which makes your exchange eligible to gain more revenue.
Book for a free live demo of our white label P2P exchange script and our blockchain developers will clearly explain your the business models and you know how we are different from others in providing crypto exchange development services.
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