Create your own P2P cryptocurrency exchange like LocalBitcoins?

Helga Bjarni

Building your own cryptocurrency exchange is a difficult task. You always need professional’s help that can guide you with a complete process for creating a cryptocurrency exchange platform. Here are few attributes and reasons that what you should go for P2P cryptocurrency exchange:

P2P exchanges are run by the software and the software does not demand the transaction or brokerage fees. The transaction fee is optional in trading digital currencies; it is optional when a user wants its transactions to be validated by the miner.

The P2P cryptocurrency exchange platform is fully secure as it does not store the digital currencies for its users. It just makes the buyers and sellers meet as we take care of the security vulnerabilities for effective cryptocurrency exchange development.

The decentralized system enables everyone to access the same copy of ledgers. Regular cryptocurrency exchanges are run by humans and they are susceptible to getting hacked. P2P system does not have the central authority to control and so there are no chances of tampering.

The central cryptocurrency exchange system enquires about every minute detail about the enroller. The Government has been enforcing KYC regulations which mean they have all the details. In the case of P2P, the Government can’t apply physical force to KYC process. All transactions can be conducted secretly.

P2P cryptocurrency exchange is ideal for smaller amounts as the nominal as the nominal, flat-fee charged by these cryptocurrency exchanges make it more cost-effective as compared to traditional channels.

Peer to Peer cryptocurrency exchange is also ideal for those with currency mismatches regularly such as investors with overseas rental property or retirees who live abroad. Investors with foreign assets may get income in a foreign currency which they may want to convert to their local currency.

We provide optimal solutions for P2P cryptocurrency exchange worldwide. Our P2P cryptocurrency exchange development team delivers an all-inclusive and holistic solution to launch a successful P2P exchange.



Helga Bjarni
Zupyak is a free content platform for publishing and discovering stories, software and startups.