P2P cryptocurrency exchange is a platform that involves transactions between buyer/seller in a peer to peer manner.

1. How does P2P
Cryptocurrency Exchange
Work ?
www.bitdeal.net

2. Introduction
"Safety First is Safety Always." - Charles M. Hayes
Security is one of the main aspect that everyone need in all of their
aspects. Here let us discuss about one of the most secured way for
cryptocurrency trading.
Peer-To-Peer trading is one of the safest way to trade
cryptocurrency on online exchanges.

3. P2P Crypto Exchange
P2P cryptocurrency exchange is a platform that involves
transactions between buyer/seller in a peer to peer manner. There
is no involvement of third party to handle the trading processes.
Instead the Escrow admin will take care of the trading process.

4. How does P2P crypto exchange work ?
Before explaining the work flow of the p2p cryptocurrency
exchange , let us list some basic terms.
Cryptocurrency : The "Virtual Currency " that does not have any
physical apperence but exchanged among people using an online
platform.
Cryptocurrency Exchange : An online platform that allows users to
trade cryptocoins anytime.

5. How does P2P crypto exchange work ?
Buyer : A person who placed an buy order as he is in need of
digital currency.
Seller : A person who sells cryptocurrency on the exact buyer of his
needs.
We have listed some of the important terms related to
cryptocurrency exchanges . Now let us look at the working of peer
to peer cryptocurrency for easy understanding

6. Working of P2P crypto exchange
A buyer will place a buy order on the p2p crypto exchange
platform. A seller places a sell order. The "Order Matching System "
in the p2p crypto exchange platform will process the orders and if
the buy order and sell order matches the transaction will takes
place.
Here comes an Escrow Admin to take over the process of
exchange of cryptocurrency between buyer and seller.

7. Working of P2P crypto exchange
The seller first sends cryptocurrency to the escrow admin and
escrow admin transfer it to the buyer after the approval of payment
received by seller from the buyer.
Escrow admin can not keep those cryptocurrency or hack them as
it needs a private key to be known to hack those cryptocurrencies.
Only when the private keys matches the cryptocurrencies are
released from escrow admin account to the buyers account.

8. Popular P2P crypto Exchange
Some of the popular p2p cryptocurrency exchange are listed
below:
1. LocalBitcoins
2. Remitano
3. Paxful
4. Wazirx and lot more.

9. Where to get P2P crypto exchange
script ?
Bitdeal - Leading P2P Cryptocurrency Exchange Development
Company , offers p2p cryptocurrency exchange script to start your
own Peer to Peer cryptocurrency exchange platform.
We Bitdeal develop LocalBitcoins Clone Script, Paxful Clone Script,
Remitano Clone Script and WazirX clone script to launch your own
p2p crypto exchange as like LocalBitcoins, Remitano,Wazirx and
more.

10. Get a live demo for your p2p crypto
exchange script at anytime from
Bitdeal !!