Bitcoin has been traded peer-to-peer (P2P) since its inception. Even today, many Bitcoin enthusiasts prefer buying and selling without intermediaries. Discover how it works!
In P2P transactions, Bitcoin is bought and sold directly between individuals, without banks or centralized exchanges. It’s a person-to-person transaction, free from third-party involvement.Additionally, any exchange of goods or services in Bitcoin between two people can also be considered a P2P transaction.Read on to explore how these direct exchanges work!Table of contents
- What is P2P?
- The old word-of-mouth has been amplified
- Decentralized arbitration
- Where to find a Bitcoin P2P?
- How to trade with another person?
- What are the advantages of buying Bitcoin via P2P?
- What are the risks of trading Bitcoin via P2P?
- Conclusion