P2P cryptocurrency exchange development is a viable alternative to Centralized exchanges
Reported by Deleted User | January 21st, 2021 @ 01:26 AM
P2P cryptocurrency exchange development is the new trend shaping the future of the industry. It guarantees more privacy and security for users. It offers plenty of benefits like military-grade measures, quick execution of transactions, adequate scalability, ease of usage through the availability of a self-explanatory interface, and faster time to market.
The step by step process to operate in a P2P cryptocurrency exchange
- The buyers and sellers have to register themselves on the
trading platform.
- The buyer will place a buy order for a specific amount of
crypto.
- The matching engine automatically matches the buy order with a
corresponding seller.
- The buyer and the seller negotiate the terms of the trade
through the integrated chat facility.
- The smart contract-based escrow system holds the assets of the
seller safely.
- The buyer will make the payment to the seller.
- Once the seller confirms the receipt of the payment from the
buyer, the escrow will release the crypto-assets directly to the
buyer’s wallet address.
- The buyer can transfer the crypto assets to his cold wallet for
more safety.
- The trading deal gets concluded successfully.
It includes features like an accurate matching engine, spot KYC/AML verification of the users, an atomic swapping option, swift dispute management, preferred trader selection, a robust admin panel, and the availability of multilingual technical support.
Kickstart P2P cryptocurrency exchange development and enhance your financial situation in no time.
No comments found
Please Sign in or create a free account to add a new ticket.
With your very own profile, you can contribute to projects, track your activity, watch tickets, receive and update tickets through your email and much more.
Create your profile
Help contribute to this project by taking a few moments to create your personal profile. Create your profile ยป
Rack::Test is a layer on top of Rack's MockRequest similar to Merb's RequestHelper
People watching this ticket
- Nobody is watching this ticket.