Why startups should know the role of Escrow in P2P Crypto Exchange?
P2P crypto exchanges have become increasingly popular among startups looking to participate in the growing cryptocurrency market. However, with the rise of such exchanges, the importance of utilizing secure and reliable Escrow services cannot be overstated. Generally, P2P cryptocurrency exchange is a type of platform that allows individuals to trade digital assets directly with one another without the need for a central authority or intermediary. Here, the users can create listings to buy or sell cryptocurrencies at their desired prices and connect with other users looking to make a trade. Popular P2P platforms like LocalBitcoins and Paxful facilitate a wide range of cryptocurrency trades between buyers and sellers worldwide, making it easier for individuals to enter the crypto market and diversify their portfolios. In this article, we will delve into why startups should understand the role of Escrow in P2P crypto exchanges to safeguard their transactions and build trust w...