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Peer-to-peer (P2P) crypto trading has become common as more retail traders enter the crypto space. While centralized crypto exchanges offer platforms for this purpose, there are standalone marketplaces specifically for trading assets directly between buyers and sellers.
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Paxful is one of the top platforms where P2P crypto trading is done. Are you looking for a place to buy or sell crypto without using an exchange? Paxful may be what you are looking for, so read on to learn more about it.
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We cannot talk about P2P crypto trading without mentioning Paxful because it is one of the leading marketplaces in the space. It is a decentralized platform, meaning there is no central control, as with a centralized exchange. However, it isn’t the same as a decentralized exchange.
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Paxful users mainly trade cryptocurrencies for fiat currencies or vice versa. Trading takes place directly between seller and buyer, without any third-party participation.
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Paxful has made an effort to make its platform available on every operating system. Whether you’re using a desktop computer, laptop, tablet, or smartphone, you will be able to access Paxful and make trades.