Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    Gen V Season 2 trailer
    Videos

    Gen V Season 2 Trailer Cast, Plot, Premiere Details

    July 26, 2025 3 Min Read
    IShowSpeed Daniel La Belle race
    Videos

    IShowSpeed Beats Daniel La Belle in 40-Meter Race, Hits 41M Subscribers

    June 24, 2025 2 Min Read
    Cardi B new single Outside
    Videos

    Cardi B’s ‘Outside’ Single Sparks Buzz Over Offset and Stefon Diggs

    June 20, 2025 2 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: Exploring the Dynamics of Peer-to-Peer Crypto Trading: Opportunities and Risks
PhotoNews PakistanPhotoNews Pakistan
Font ResizerAa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
P2P Crypto Trading
PhotoNews Pakistan > Blog > Exploring the Dynamics of Peer-to-Peer Crypto Trading: Opportunities and Risks
Blog

Exploring the Dynamics of Peer-to-Peer Crypto Trading: Opportunities and Risks

Web Desk
By Web Desk Published May 4, 2024 2 Min Read
Share
An illustration P2P Crypto Trading Photo Credit: Medium
SHARE

Understanding Peer-to-Peer Crypto Trading: Insights into Its Benefits and Risks

Peer-to-peer (P2P) trading allows two parties to exchange assets directly, eliminating the need for a mediator. This method reduces costs by removing intermediary fees. Originally used in computer file sharing, P2P now enables direct exchanges of crypto assets, enhancing the decentralization of financial transactions.

Satoshi Nakamoto, the pseudonymous creator of Bitcoin, aimed to minimize reliance on centralized institutions like banks. By launching Bitcoin, Nakamoto facilitated financial transactions validated via encrypted blockchains instead of central entities. P2P crypto transactions are more private and largely anonymous compared to traditional methods.

𝑨𝒉𝒐𝒚!

⚓P2P trading has been used in crypto since it's very
inception with users buying and selling directly with
each other at prices both parties want to trade at

⚓ Traditional P2P trading has significant counterparty
risks involved between buyer and… pic.twitter.com/epBGvbargJ

— OTSea (@otseaERC20) April 30, 2024

To execute a peer-to-peer (P2P) cryptocurrency transaction, one participant must provide the wallet details of the other party to facilitate the transfer. Crypto exchanges were introduced to simplify and secure these transactions. However, these exchanges do not conduct P2P transactions and are subject to regulatory oversight.

Recently, law enforcement in India has issued warnings about the risks associated with P2P crypto trading. The sender may suffer financial loss if the parties do not fully know each other.

𝑨𝒉𝒐𝒚!

⚓P2P trading has been used in crypto since it's very
inception with users buying and selling directly with
each other at prices both parties want to trade at

⚓ Traditional P2P trading has significant counterparty
risks involved between buyer and… pic.twitter.com/epBGvbargJ

— OTSea (@otseaERC20) April 30, 2024

As the crypto sector grows and P2P trading becomes more widespread, cyber fraud opportunities increase. Scammers target potential victims using Telegram, LinkedIn, and X.

The Indian authorities have noted a rise in scams involving P2P crypto transactions. They advise the community to avoid engaging with unknown contacts, exercise caution during asset transfers, and report suspicious activities to law enforcement.

TAGGED:Crypto CurrencyCrypto TodayCryptocurrency NewsFeatured
Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Advertisement

HBL Saving Made Easy
HBL Saving Made Easy

Recent Posts

Pakistan ban on Imports, Pakistan Ban Import Items

Pakistan Faces $30B Import Data Gap as IMF Demands Transparency

Google UK CMA ruling 2025

UK CMA Limits Google Search Monopoly with New Regulations

Teefi Butt extradition from Dubai

Teefi Butt Killed in Police Encounter After Extradition in Ameer Balaj Murder Case

Post Archives

More Popular from Photonews

Google AI Plus Pakistan
Pakistan

Google Launches AI Plus Plan in Pakistan to Boost Digital Transformation

1 Min Read
Ali Amin Gandapur Khyber Pakhtunkhwa Party President
Khyber Pakhtunkhwa

PTI Replaces Ali Amin Gandapur as KP Party President

2 Min Read
Pakistan stock market October 2025
Business

Pakistan’s KSE-100 Index Drops 0.73% as Investors Book Profits

2 Min Read
Offbeat

Cristiano Ronaldo Becomes First Footballer to Reach Billionaire Status

The Bloomberg Billionaires Index crowned Cristiano Ronaldo, 40, as the first footballer to achieve billionaire status,…

October 8, 2025
Sports

Stefon Diggs Sued By for Assault by Ex Mulan Hernandez

NFL wide receiver Stefon Diggs, currently dating Cardi B, faces a high-stakes lawsuit from ex-girlfriend Mulan…

October 9, 2025
Business

Gold Prices Hit Record Highs in Pakistan and Globally

Gold prices soared to unprecedented levels in both global and Pakistani markets. Internationally, spot gold rose…

October 8, 2025
Sports

Extreme Heat Challenges Tennis Stars at 2025 Shanghai Masters and Wuhan Open

Extreme heat and humidity plagued the 2025 Shanghai Masters and WTA Wuhan Open, testing players’ endurance.…

October 8, 2025
PhotoNews Pakistan

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

Categories

  • World
  • Pakistan
  • Punjab
  • Sindh
  • Khyber Pakhtunkhwa
  • Balochistan
  • Azad Jammu Kashmir

 

  • Top News
  • Business
  • Entertainment
  • Sports
  • Videos
  • Tech
  • Offbeat
  • Blog

© 2024 Phototnews
All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?