Peer to Peer

Peer to Peer is a decentralized communication model where two or more participants interact directly, bypassing centralized authorities or intermediaries. In the context of crypto/fiat exchanges, it allows individuals to trade digital or traditional currencies directly with each other. This model enhances transaction privacy and reduces costs associated with traditional exchanges. Users maintain control over their assets, as transactions are executed and verified by network participants. This decentralization minimizes the risk of a single point of failure and enhances security. Peer to Peer exchanges are becoming increasingly popular for those seeking autonomy and efficiency in their transactions.