P2P exchanges and their importance.

in deeponion •  7 years ago 

As many of us know, banks and other entities harass and pursue centralized exchange platforms for various reasons, bringing huge unnecessary problems to users reaching even in extreme cases, to close their doors, as in the case of many Exchanges in South Korea.

A very important fact to keep in mind, is that exchange platforms rely heavily on banks to receive deposits and help withdrawals by users, in this sense they are completely dependent on traditional banks and that can lead to a lot of problems.

peer-to-peer-loans.jpg

With these problematic drawbacks, users are moving more and more towards the trend of using P2P exchange platforms due to such facts.

Exploring new alternatives, with these platforms where to try to avoid the banks' ability to close or dictate terms to the cryptocurrency exchanges, there are several P2P exchanges to which you can go but in our case when trade with Onions, we can use the Bisq platform .

What is P2P or peer-to-peer?

P2P networks are a network of computers or devices that work without the need of dedicated clients or servers, this is achieved because the network works in the form of nodes that work as equal pairs with each other.

Highlighting that the devices linked to the P2P network behave both as client and server; benefit from a flexibility and security that otherwise would be impossible to make, with respect to other connected devices.

Is-P2P-Safe-Legal-e1475233357520.jpg

With this, every day the Exchange try to improve actively with the intention of providing an outstanding service to users, with P2P networks this is achieved by making it easier in the process of acquiring an asset as significant and real as cryptocurrencies are , and in the case of our Onions, the power to acquire the cryptocurrency in a simple and reliable way.
This led to the cryptocurrency sector, completely away from the typical operation of traditional exchange platforms.

You can buy and sell cryptocurrencies anonymously and safely, without having to entrust that kind of work to an evil central corporate entity.

With this, users benefit from a very high security and privacy that is very important in these times.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!