P2p is abbreviated as peer-to-peer which is the most powerful term used in the crypto space. As you see, with the rise in the growth of cryptocurrency trading, crypto traders are increases every day. Most of them wanted to perform P2P trading because they do not want to depend upon third parties to facilitate transactions. The main drawbacks in centralized exchanges are security issues, privacy concerns, huge transaction fees, long time consumption.

P2P in cryptocurrencies stands for Peer-to-Peer. It refers to the direct exchange of digital assets between users without the need for a central authority or intermediary like a bank or exchange. In a P2P crypto network, users can buy or sell cryptocurrencies directly from one another using platforms that connect buyers and sellers. These platforms often provide escrow services to ensure safe and secure transactions. P2P systems are decentralised, giving users more control over their funds and privacy. Popular examples include Binance P2P and LocalBitcoins. P2P trading is especially useful in regions with limited banking access or strict regulations. In simple words, P2P lets people trade crypto with each other directly, securely, and often more privately.