The need for P2P cryptocurrency exchanges is at its utmost best because such platforms are decentralized, secure, and flexible. Since the users depend on direct transactions without the intervention of other third parties, Paxful has proved to be yet another lucrative business model. Below is a list of some of the factors that make entrepreneurs embark on the formation of a P2P exchange
Low Transaction Fees P2P exchanges are less costly in transaction fees than centralized exchanges hence drawing many users.
Global Reach P2P exchanges therefore support multiple currencies as well as Payment systems to enable cross-border trading without having to convert between currencies.
User Control Due to the direct interaction of the customer, the customer has better control over the asset and the terms of trade.
By picking the right Paxful clone script, implementing basic features, and emphasizing security issues, anybody can start a profitable platform for crypto traders around the world.