Post
Topic
Board Beginners & Help
Re: What should P2P on centralized exchanges should be called?
by
Gallar
on 01/08/2023, 14:42:16 UTC
~Snip
Your opinion is not wrong. Because p2p exchanges exist in trading crypto assets, basically trading directly between the seller and the buyer, without having to use third-party media. But now, crypto exchanges such as for example Binance, already provide p2p features in it, and maybe the question is, can this be called a p2p exchange? In my personal opinion, this can still be said to be a p2p exchange, because even though the p2p is done on an exchange like Binance, still, buying and selling transactions are only carried out by both parties (seller and buyer). So in my personal opinion, the p2p features that exist on centralized exchanges can still be said to be p2p. It's just that the room for conducting transactions is provided on an exchange.

Indeed, it is a bit disturbing the authenticity of a real p2p exchange, as it must be decentralized and there are no third parties. But for me, if it's not detrimental to myself personally. I will still enjoy it and will not bother with it. Because for me personally, to do p2p exchanges without using crypto exchange media like binance, for now it's still a bit difficult sometimes. Because right now, I still don't have many friends, who are ready to buy crypto assets (p2p). So when I have a need, I still rely on p2p features on crypto exchanges to sell my assets.