Connecting Crypto Users Worldwide
Your first step into the cryptocurrency world will most likely occur through an exchange. Two types of bitcoin exchanges are in use: peer-to-peer and regular. On the one hand, there are the regular bitcoin exchanges, which use an order book to match buy and sell orders between people. A regular exchange sets a price for the purchase of their own stock of BTC. Then, they take your fiat money or other cryptocurrencies and exchange it for BTC at their current rate. Often, the purchaser is required to provide identification to prove they are who they say they are before the transaction will execute. Once executed, the BTC is placed in the purchaser’s Wallet, either on their Exchange or externally.However, neither the buyer nor the seller has any idea who the other party is, and this provides all users with a certain level of anonymity and privacy protection.
P2P Exchanges match Buyers with Bitcoin Sellers. These are individuals trading back and forth with other individuals. Essentially, the sellers are setting their own price and what types of payments they will accept. Many accept PayPal, Bank Transfers, Credit Cards and even cold, hard cash. The Exchange acts more like a dating service, matching people interested in trading cryptocurrency. P2P Bitcoin or Crypro Exchanges dont hold your money, they just work as an intermediate to get you in contact with a buyer/seller and provide some basic tools to make your trade more secure. Do your own research about safe ways to trade Crypto from person to person, we will feature an article here shortly.This is the most commonly used form of exchanging local currency to and from its digital counterpart in the form of bitcoin.
However, bitcoin was originally created to enable peer-to-peer transactions. Unlike other familiar peer-to-peer technologies you may be familiar with, such as torrent applications, in the bitcoin domain peer-to-peer means a one-on-one relationship. XCH4NGE aims to become the ideal entry point to the digital asset ecosystem, with the end goal of allowing our users to use cryptocurrency as precisely that – currency. XCH4NGE P2P platform provides a simple and secure way to buy cryptocurrency with fiat . XCH4NGE connect you to other verified users in crypto marketplace, while XCH4NGE industry-leading digital security and encryption keeps you (and your assets) safe.
There are several bitcoin platforms in existence that allow you to register an account in order to find other bitcoin enthusiasts in your local area. XCH4NGE have a wider selection of currencies than other P2P platforms, allowing you to buy Bitcoin (BTC), XRP (XRP), Litecoin (LTC), Ethereum (ETH), and Bitcoin Cash (BCH) and aim to rapidly expand list currency offerings after the launch of exchange, anticipated Q2 2019.
XCH4NGE represent an easy and fast way for new users to purchase bitcoins, ethereum, litecoin and many other coins. This platform supports customers in over 24 countries: Australia, Africa, China, India, USA, Russia, Venezuela, Colombia, Mexico, South Africa and others expansion country list. XCH4NGE will be developing further tools for professional brokers and traders throughout the year, including sub-accounts for businesses. All enquiries or referrals regarding market making, OTC, and liquidity provision should contact firstname.lastname@example.org for further information.
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author : https://bitcointalk.org/index.php?action=profile;u=1153822