What is P2P in Crypto?
P2P (Peer-to-Peer) trading allows users to buy or sell cryptocurrencies directly with each other without a third-party exchange handling the funds. On platforms like Binance P2P, buyers and sellers create offers and agree on payment methods such as bank transfers, Easypaisa, or JazzCash. Binance acts as an escrow service, holding the crypto until both parties confirm the transaction, making it safe and secure. P2P trading is popular in countries with limited banking access or restrictions on crypto, offering flexibility, local currency options, and zero trading fees. It's a fast, user-friendly way to enter or exit the crypto market.
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