Utilizing the fundamental concept of blockchain technology, which is decentralization, a P2P (peer-to-peer) exchange executes transactions without any involvement of a central authority while connecting the buyers and sellers directly. The platform is powered by a smart contract-based Escrow system to foster reliable transactions.
Assimilate The Power of P2P Trading
Tap into the burgeoning peer-to-peer trading network with our mission-driven approach to develop P2P exchange software.
Our highly cohesive teams align development processes with your goals to deliver an ecosystem of trust. We combine our deep domain expertise and technology-agnostic approach to build a coherent roadmap that navigates the development of your P2P exchange platform and accelerates time-to-market.
P2P Cryptocurrency Exchange Features
Powerful Matching Engine
The crypto exchange is fortified with a high-speed engine that efficiently matches buyers' and sellers' orders with minimum latency. It has built-in order types for buy order and sell orders, which serve as one of the cornerstones of a trading system.
Multi-layer Security
Our P2P exchange is integrated with top-notch security features like SSL implementation and two-factor authentication, such as e-mail authentication and Google authentication, which add an extra layer of security to the platform.
Instant KYC and AML Verification
An intuitive identity verification system accelerates the KYC process while following the right protocol. This builds a base of lawful and authenticated users (Buyers and Sellers).
Escrow System
A secure and reliable smart contract-based escrow system fuels trading between the platform users.
Atomic Swap
A peer-to-peer swap indicates trusted users transactions, eliminating the need for a central authority. Atomic swaps revolve around the fact that the transactions either execute completely or terminate, reducing the likelihood of disputes in a scenario of breach of an agreement.
Dispute Management
A robust dispute management system enables seamless dispute redressal. Complete details about the users’ transaction history and bank statements help the Admin acumen in dispute management and solidify their decisions.
Preferred trader selection
Buyers have the flexibility to choose their preferred sellers, and vice versa, for a more confident and trusted trading experience.
Admin Panel
A secure admin panel is underpinned by smooth controls for efficient management of critical elements like Escrow system and dispute management.
Multi-language Support
Multi-language support provides global exposure to your P2P exchange. The platform’s UI provides the best user experience for left to right and right to left languages.
How P2P Cryptocurrency Exchange works
- Users (Buyers and Sellers) register on a P2P exchange platform
- Users undergo KYC verification process
- Buyer places a buy order
- A wallet address is created for the Buyer
- The matching engine matches the Buyer with the right Seller
- The buyer and seller confirm and agree on the terms of the trade
- Smart contract-based Escrow holds Seller’s crypto assets to be sold
- Buyer makes the payment for crypto assets to be purchased
- The seller confirms the payment
- Escrow releases crypto assets, transferring the same to Buyer’s wallet address
- Buyer can transfer the assets to cold wallet
