P2P stands for Peer-to-Peer, where P2P exchange is a platform that allows users to buy and sell cryptocurrency directly with other users.
P2P Crypto Exchanges can be safe if users choose sellers with positive ratings and reviews, and be aware of potential scams. Always follow legal and tax regulations applicable to cryptocurrency transactions in your region.
Trading cryptocurrency on a Fynzon P2P network involves initiating a trade, making a payment and confirming the transaction. The Cryptocurrency is then transferred to the buyer's Fynzon wallet.
Provides an escrow system on a P2P exchange designed to protect both parties from fraud. When a trade is completed, the assets of the seller are placed in escrow. Once the buyer’s payment has been verified, the assets are taken out of escrow and sent to the buyer’s cryptocurrency wallet.