Tag: P2P Exchange

Every crypto trader’s worst nightmare is losing his assets in an exchange hack. Cryptocurrency exchanges lose money in cyber attacks recurrently. Many times, they lose the people’s assets that they were keeping in custody. And just as often, they suspend withdrawals leaving everyone high and dry. Fortunately, secure peer-to-peer trading alternatives enable users to transfer assets without the exchange ever sniffing them. One of them is BlockSettle Exchange, a crypto/Forex exchange platform that lets you trade directly from your wallet,…

The top peer-to-peer (P2P) crypto exchange LocalBitcoins has noted a 70 percent decrease in the number of transactions related to darknet since its adoption of AML (Anti-Money Laundering) and KYC (Know Your Customer) regulations in September last year. LocalBitcoins noted its ability to remarkably decrease the number of transactions related to darknet carried out using its platform between September last year and May this year. In the words of the chief marketing officer at LocalBitcoins, Jukka Blomberg to Cointelegraph, the…

With time, the types of crypto trading keep changing, and so do the methods of exchange. Understandably, the earlier means of exchanging cryptocurrency used the traditional centralized exchange. When cryptocurrency was still new in the market, this exchange method boosted its popularity in the sector.  However, the centralized exchange process was rather time-consuming, which prompted the development of P2P cryptocurrency exchanges. As a cryptocurrency enthusiast, you are probably on the lookout for easier ways to exchange crypto with other traders…