P2P trading offers the following advantages:
Wide range of trade offers
As a buyer, you can access many sellers with different exchange rates and payment methods. As a seller, you gain access to more buyers and trading deals. It's like going to an online marketplace to shop for the best trading deals. <br />
P2P exchange services allow you to trade crypto with people in different parts of the world in a few minutes. A buyer in London can strike a deal with a seller in New York, and in less than 5 minutes, a deal has been successfully completed.
Multiple payment options
Multiple payment options are always a benefit in the marketplace. With P2P trading, buyers can make payments through different wallets, bank accounts or even in person. It also encourages traders to make more trades without worrying about how to pay or if their available means of payment would be accepted.
Secure transactions through Escrow
As stated before, P2P crypto exchanges use escrow services to protect buyers and sellers from fraudulent transactions. Escrow ensures that the assets held by the seller will only be given to the buyer when both persons successfully meet the transaction terms.