SuperEx P2P is a convenient and fast cryptocurrency trading platform that allows you to trade fiat and cryptocurrency directly with other users.
The launch of SuperEx P2P complements SuperEx's shortage of fiat currency exchange, allowing SuperEx to take into account the convenience of trading while protecting the security of transactions on the platform.
I.What is P2P trading
P2P trading is a peer-to-peer based decentralized trading method, using P2P trading will skip intermediaries or third parties and sell/buy cryptocurrencies directly between users.
SuperEx P2P trading is launched to help SuperEx users can more easily and quickly control the process and details of the transaction. Through SuperEx P2P trading you can clearly control and filter the buyer or seller situation, while pricing and settlement time are within the control of both sides of the transaction.
The SuperEx P2P trading platform helps users and merchants to avoid risks by securing transactions between buyers and sellers through a margin system and a risk control system. For example: If you buy coins in a transaction and the seller does not release them after paying, we will ask the merchant home to process them, and the merchant cannot release the merchant release margin without processing the order, which effectively secures the buyer's normal transaction.
For P2P transactions that do not go through the SuperEx P2P trading platform (or similar platforms), there are still transaction risks. Imagine that when you have an appointment with a buyer on the Internet for a BTC transaction, are you worried that the other party will take the BTC and run away and refuse to pay? At this time, both sides of the transaction will have such concerns, making the transaction can not be carried out properly, this is the risk of P2P transactions. At this time, we need SuperEx P2P trading platform to restrain and protect both sides of the transaction.
SuperEx P2P Trading Platform is a platform launched in collaboration with a third-party platform that allows crypto market participants to trade directly with each other. This means that there are no transactions involved in the SuperEx P2P trading platform and that transactions are only between buyers and sellers with minimal or zero involvement of any third party intermediaries.
II. How does the SuperEx P2P trading platform work?
SuperEx P2P protects both buyers and sellers to protect transactions and reduce the risk of fraud. In addition to a public rating system, SuperEx P2P uses escrow to protect cryptocurrencies until both parties confirm the transaction. For example, if you sell Bitcoin in fiat currency, the SuperEx P2P platform will hold your Bitcoin in escrow. Once you receive payment from the buyer and confirm the transaction, we will instantly transfer your bitcoins to the buyer and complete the transaction.
On the SuperExP2P platform, buyers and sellers can browse crypto ads or post their own ads. Also, the SuperExP2P platform will provide reference and protection for everyone involved in the transaction through a real-time feedback or rating system.