Advantages of P2P platforms over centralized exchanges
In today’s world there are a large number of resources, exchanges, cryptocurrency exchanges, where you can exchange cryptocurrency for another or withdraw it to fiat funds, but everywhere there are some differences and sometimes difficulties.
Let’s take a look at the exchange options on a P2P platform and what advantages it provides to users over centralized crypto exchanges.
Cryptocurrency P2P markets, also known as peer-to-peer markets, is a platform for crypto trading, where two people (buyer and seller) interact directly with each other to buy and sell cryptocurrencies.
Unlike ordinary online exchanges, where you have to buy cryptocurrency specifically from the exchange itself, or crypto exchanges, where thousands of traders simultaneously place orders, on the peer-to-peer platform, a transaction is concluded between two specific parties. The platform acts primarily as an information resource that allows sellers and buyers to find each other by placing their own offers for buying and selling or using existing offers.
Centralized cryptocurrency exchanges usually work with a limited list of currencies and payment systems. While on P2P platforms, there are thousands of sellers, who are ready to accept a variety of payment methods. There are cards and transfers from all leading banks, electronic payment systems (Revolut, Skrill, WebMoney, Yandex.Money), Western Union transfers, Bank transfers and cards, as well as many other options. So the P2P platform is a universal option to exchange your local currency for Bitcoins or other Cryptocurrency as a long-term investment or for subsequent transfer to a crypto exchange that does not work with your local currency.
The second fundamental advantage of P2P platforms is that they are primarily international information platforms, not trading platforms. The crypto exchange is launched by a certain company which is registered in a certain country, and in case of pressure from the authorities, it can be closed, which there are many examples in the cryptocurrency history. In this case, P2P service becomes salvation, where people find each other and conclude trades with each other, and not through an intermediary party. Governments often block bank accounts linked to centralized exchanges. But they would find it difficult to do this on the P2P trading platforms, because all payments are made directly between users, and not through the platform. The platform is just there to support the traders.
The P2P platform Vertex.Market is focused on increasing the freedom of funds, and the main way to achieve this goal is to simplify access to cryptocurrency payments for ordinary citizens of any country. People should not only have access to cryptocurrency, but also be able to trade various digital assets using payment methods that are convenient for them. For this, the Vertex.Market platform was created, an open, peer-to-peer platform for crypto-fiat trading.
There are some other advantages that are available on the Vertex.Market platform:
- Uploading trade offers are free.
- A large number of fiat currencies are supported, the company operates in more than 190 countries using the most popular 25 payment systems.
- The seller pays a commission of only 0.5% of the transaction amount.
- The buyer pays in a convenient way. Sellers on Vertex.Market accept electronic money, transfers from banks and bank cards.
More info: https://vertex.market/blog/advantages-of-P2P-over-centralized-en
Topic: P2P Marketplace Vertex.Market (Read 166 times)
Is it safe to buy and sell Cryptocurrency on a P2P platform?
The need to exchange cryptocurrency for fiat money may cause problems for some users. At this stage, you can make some mistakes that can lead to partial or even complete loss of money, which is the honest truth. The people who have only recently become acquainted with cryptocurrencies and are not familiar with exchange options are the most susceptible to fraud schemes.
Therefore, it is necessary to do your research and carefully choose a platform for the exchange.
A P2P platform is a cryptocurrency platform for individuals, where users can interact with each other by buying and selling Crypto. Traders create offers that indicate the price and payment method and users browse the offers and choose their preferred payment method. Since there is no involvement of any third party, users can directly trade with each other more efficiently, profitably and securely.
Peer-to-peer platforms are considered the most secure way of trading between users.
Escrow in this case means an agreement in which a third party ( the p2p platform) holds the funds in safe and secure manner until the promised trade is completed and both parties have agreed to the trade. Also know as an Escrow service. It’s got many advantages, one being that it gives the buyers confidence and trust in the buying process, showing them that the seller will follow through with the trade.
When carrying out an online exchange, when sending bitcoin or fiat currencies, is there a guarantee that the counterparty will fulfill its obligations under the transaction and will not disappear with your money or crypto? Is there a guarantee that an inexperienced user on the Internet will not fall for a scammer and will not lose his money?
The digital asset escrow service solves this problem and eliminates the risks during the transaction. During the transaction, cryptocurrencies are controlled by the P2P platform, which guarantees the security of the transaction. Not only that but Vertex Market offers the choice of adding insurance to your trades or Vertex wallet incase something does go wrong. This is an awesome feature.
As soon as the buyer completes the payment to the details specified by the seller, and the seller confirms receipt of payment, the assets will be released from the escrow and transferred to the buyer’s account.
This guarantees:
- To the seller — that they will receive payment for the cryptocurrency;
- To the buyer — confidence that the seller will not run off with their money and they will receive his cryptocurrency.
If a dispute arises between the buyer and the seller, representatives of the platform intervene in the transaction, who act as independent arbitrators. Platform employees act strictly in accordance with the rules of the company, and will carefully study all the information provided by the parties.
The result of the consideration of disputes is always a fair decision.
As a dynamically developing company, Vertex.Market strives to provide maximum security for cryptocurrency transactions. Therefore, the platform takes comprehensive measures to ensure the safety of users.
More info: https://vertex.market/blog/safe-to-buy-sell-cryptocurrency-on-P2P-platform-en
The need to exchange cryptocurrency for fiat money may cause problems for some users. At this stage, you can make some mistakes that can lead to partial or even complete loss of money, which is the honest truth. The people who have only recently become acquainted with cryptocurrencies and are not familiar with exchange options are the most susceptible to fraud schemes.
Therefore, it is necessary to do your research and carefully choose a platform for the exchange.
A P2P platform is a cryptocurrency platform for individuals, where users can interact with each other by buying and selling Crypto. Traders create offers that indicate the price and payment method and users browse the offers and choose their preferred payment method. Since there is no involvement of any third party, users can directly trade with each other more efficiently, profitably and securely.
Peer-to-peer platforms are considered the most secure way of trading between users.
Escrow in this case means an agreement in which a third party ( the p2p platform) holds the funds in safe and secure manner until the promised trade is completed and both parties have agreed to the trade. Also know as an Escrow service. It’s got many advantages, one being that it gives the buyers confidence and trust in the buying process, showing them that the seller will follow through with the trade.
When carrying out an online exchange, when sending bitcoin or fiat currencies, is there a guarantee that the counterparty will fulfill its obligations under the transaction and will not disappear with your money or crypto? Is there a guarantee that an inexperienced user on the Internet will not fall for a scammer and will not lose his money?
The digital asset escrow service solves this problem and eliminates the risks during the transaction. During the transaction, cryptocurrencies are controlled by the P2P platform, which guarantees the security of the transaction. Not only that but Vertex Market offers the choice of adding insurance to your trades or Vertex wallet incase something does go wrong. This is an awesome feature.
As soon as the buyer completes the payment to the details specified by the seller, and the seller confirms receipt of payment, the assets will be released from the escrow and transferred to the buyer’s account.
This guarantees:
- To the seller — that they will receive payment for the cryptocurrency;
- To the buyer — confidence that the seller will not run off with their money and they will receive his cryptocurrency.
If a dispute arises between the buyer and the seller, representatives of the platform intervene in the transaction, who act as independent arbitrators. Platform employees act strictly in accordance with the rules of the company, and will carefully study all the information provided by the parties.
The result of the consideration of disputes is always a fair decision.
As a dynamically developing company, Vertex.Market strives to provide maximum security for cryptocurrency transactions. Therefore, the platform takes comprehensive measures to ensure the safety of users.
More info: https://vertex.market/blog/safe-to-buy-sell-cryptocurrency-on-P2P-platform-en
Trading on Vertex Market with no deposit
Deposits are no longer required on Vertex. What do we mean by this? You can now create offering’s on Vertex with no funds deposited on the platform. All you need to do is have your account set up and advertisements on Vertex.Market LIVE.
You can do this by signing in or signing up to vertex, then click ‘Post Trade’. From there you will select what you would like to sell, filling in all necessary information and creating a live offering which users who come onto the website, will be able to see.
Once you get a trade, you will have the choice of either approving or declining the trade and if approved, you will get an action required where we will ask you to upload the cryptocurrency you are about to sell into escrow, this is used as security for the buyer. The process is easy, you just deposit the Crypto on the platform, it will be in your wallet but frozen until the trade is over. In case of cancellation, you will receive your full deposit back and are able to withdraw the funds to any wallet you want.
With over 70,000 users in almost two hundred countries, Vertex Market has won over a lot of crypto enthusiasts due to all the options provided and the awesome benefits.
Depending on the country you are from, you can choose any type of payment available on the platform — like Credit Card, PayPal, MoneyGram, or Western Union. You can even choose a local bank or get to meet the user in person.
The cryptocurrencies accepted are those with the biggest market capitalization, both volatile or stable, so that they can meet your needs:
BTC (Bitcoin)
ETH (Ethereum)
BCH (Bitcoin Cash)
LTC (Litecoin)
USDT (USD Tether)
USDC (USD Coin)
When it comes to security, Vertex doesn’t mess around. It operates with a streamlined process, simplifying tasks and improving the performance.
Not to mention its team is really serious when it comes to guaranteeing safety for its users. For example, if the seller claims that he hasn’t received any payment, the buyer will be asked to present the team a video proof that he actually paid. All funds are safe, we handle disputes quickly and in a very fair manner, and are always looking to better our platform to suit your wants and needs.
Also, we are running a cashback program.
For more information - https://vertex.market/blog/trade-on-vertex-market-with-zero-deposit-en
Deposits are no longer required on Vertex. What do we mean by this? You can now create offering’s on Vertex with no funds deposited on the platform. All you need to do is have your account set up and advertisements on Vertex.Market LIVE.
You can do this by signing in or signing up to vertex, then click ‘Post Trade’. From there you will select what you would like to sell, filling in all necessary information and creating a live offering which users who come onto the website, will be able to see.
Once you get a trade, you will have the choice of either approving or declining the trade and if approved, you will get an action required where we will ask you to upload the cryptocurrency you are about to sell into escrow, this is used as security for the buyer. The process is easy, you just deposit the Crypto on the platform, it will be in your wallet but frozen until the trade is over. In case of cancellation, you will receive your full deposit back and are able to withdraw the funds to any wallet you want.
With over 70,000 users in almost two hundred countries, Vertex Market has won over a lot of crypto enthusiasts due to all the options provided and the awesome benefits.
Depending on the country you are from, you can choose any type of payment available on the platform — like Credit Card, PayPal, MoneyGram, or Western Union. You can even choose a local bank or get to meet the user in person.
The cryptocurrencies accepted are those with the biggest market capitalization, both volatile or stable, so that they can meet your needs:
BTC (Bitcoin)
ETH (Ethereum)
BCH (Bitcoin Cash)
LTC (Litecoin)
USDT (USD Tether)
USDC (USD Coin)
When it comes to security, Vertex doesn’t mess around. It operates with a streamlined process, simplifying tasks and improving the performance.
Not to mention its team is really serious when it comes to guaranteeing safety for its users. For example, if the seller claims that he hasn’t received any payment, the buyer will be asked to present the team a video proof that he actually paid. All funds are safe, we handle disputes quickly and in a very fair manner, and are always looking to better our platform to suit your wants and needs.
Also, we are running a cashback program.
For more information - https://vertex.market/blog/trade-on-vertex-market-with-zero-deposit-en
How to earn with Vertex.Market
1) Create Your Own Crypto Business Within Your Local Area:
Vertex Market functions as a marketplace where anyone can create their own online business buying and selling Cryptocurrency. To set up your business, all you need to do is create an account and see which Cryptocurrencies are popular or in high demand within your area, and finally, select which geographical location you will target. The opportunities are endless and are only limited by how many payment methods you want to offer across the countries that you will service.
By becoming your own local Cryptocurrency exchange, and providing a competitive price or alternative payment method, otherwise unavailable in your chosen area, you can set up a profitable business, whilst also providing a service to others around you who may not necessarily have access to cryptocurrency.
2) Use Arbitrage To Your Advantage:
Arbitrage is simply the method of buying Cryptocurrency for a cheaper price in one place and then selling it at a higher price elsewhere. Arbitrage is used by many P2P traders to make money in the Cryptocurrency market and it is an easy skill to acquire.
Arbitrage opportunities occur from price variations between exchanges which is caused by volatility, liquidity or even due to regional price differences. In some regions of the world, the price difference on certain Cryptocurrencies are extreme, so if you have access to a cheaper price on an alternative exchange, you can make a large profit by buying and selling elsewhere.
Arbitrage trading on P2P exchanges, not only gives people access to Cryptocurrency who may not have it, but it is also an easy and practical way to make yourself money on the spread.
3) Profit From ‘Payment Methods’ In High Demand:
One of the benefits of P2P exchanges, like Vertex Market, is that they offer people many more payment and withdrawal options to cash-out to your local currency than centralized exchanges. People will often pay a premium price to use certain payment methods that they prefer or are harder to find elsewhere. Cash (fiat) is a great example as it isn’t available on most exchanges.
For example, you could buy Cryptocurrency with a payment method that is widely accessible, thus the price of the Cryptocurrency is far closer to market price, and then go ahead and sell the same Cryptocurrency using another payment method that is less accessible allowing you to profit from those willing to pay a premium for convenience.
This is best achieved on a P2P exchange like Vertex.Market as there are 25 different payment methods to choose from.
4) Refer A Friend To Get A Bonus Reward:
The Referral Program gives you the chance to earn money every time a person that you refer to Vertex.Market makes a trade. One of the main benefits of Vertex Referral system is that we use a 2-Level system where the referrals of your referrals will also benefit you. Up to 75% of fees go to you. Rewards are based on the amount of money your referrals are using on their transactions.
5)Cashbacks
Vertex.Market is running a Cashback system. Cashbacks are weekly paid in Bitcoin to your wallet on Vertex and are withdrawable and not blocked in any way. Those funds belong to you!
To get a cashback, you have to fulfill certain requirements and conduct at least 1 trade that is eligible for cashback. Every user, no matter where he or her is located is able to participate. Cashback for each trade is 10$.
Learn more: https://vertex.market/blog/earn-with-vertex-market-en
1) Create Your Own Crypto Business Within Your Local Area:
Vertex Market functions as a marketplace where anyone can create their own online business buying and selling Cryptocurrency. To set up your business, all you need to do is create an account and see which Cryptocurrencies are popular or in high demand within your area, and finally, select which geographical location you will target. The opportunities are endless and are only limited by how many payment methods you want to offer across the countries that you will service.
By becoming your own local Cryptocurrency exchange, and providing a competitive price or alternative payment method, otherwise unavailable in your chosen area, you can set up a profitable business, whilst also providing a service to others around you who may not necessarily have access to cryptocurrency.
2) Use Arbitrage To Your Advantage:
Arbitrage is simply the method of buying Cryptocurrency for a cheaper price in one place and then selling it at a higher price elsewhere. Arbitrage is used by many P2P traders to make money in the Cryptocurrency market and it is an easy skill to acquire.
Arbitrage opportunities occur from price variations between exchanges which is caused by volatility, liquidity or even due to regional price differences. In some regions of the world, the price difference on certain Cryptocurrencies are extreme, so if you have access to a cheaper price on an alternative exchange, you can make a large profit by buying and selling elsewhere.
Arbitrage trading on P2P exchanges, not only gives people access to Cryptocurrency who may not have it, but it is also an easy and practical way to make yourself money on the spread.
3) Profit From ‘Payment Methods’ In High Demand:
One of the benefits of P2P exchanges, like Vertex Market, is that they offer people many more payment and withdrawal options to cash-out to your local currency than centralized exchanges. People will often pay a premium price to use certain payment methods that they prefer or are harder to find elsewhere. Cash (fiat) is a great example as it isn’t available on most exchanges.
For example, you could buy Cryptocurrency with a payment method that is widely accessible, thus the price of the Cryptocurrency is far closer to market price, and then go ahead and sell the same Cryptocurrency using another payment method that is less accessible allowing you to profit from those willing to pay a premium for convenience.
This is best achieved on a P2P exchange like Vertex.Market as there are 25 different payment methods to choose from.
4) Refer A Friend To Get A Bonus Reward:
The Referral Program gives you the chance to earn money every time a person that you refer to Vertex.Market makes a trade. One of the main benefits of Vertex Referral system is that we use a 2-Level system where the referrals of your referrals will also benefit you. Up to 75% of fees go to you. Rewards are based on the amount of money your referrals are using on their transactions.
5)Cashbacks
Vertex.Market is running a Cashback system. Cashbacks are weekly paid in Bitcoin to your wallet on Vertex and are withdrawable and not blocked in any way. Those funds belong to you!
To get a cashback, you have to fulfill certain requirements and conduct at least 1 trade that is eligible for cashback. Every user, no matter where he or her is located is able to participate. Cashback for each trade is 10$.
Learn more: https://vertex.market/blog/earn-with-vertex-market-en
Vertex Referral
At Vertex, we offer users the chance to get rewards in Bitcoin by referring someone else to the website. Once you have created your account on Vertex, navigate to your Dashboard > Referral to access your unique referral link. Every user has a different referral link that they can share with friends or anyone.
Once another user registers with your personal link, he/she will automatically become your referral. You can check incoming referral fees by clicking on your transaction history. There are obviously numerous benefits of referring people to Vertex.
One of the main benefits of Vertex Referral system is that we use a 2-Level system where the referrals of your referrals will also benefit you. Up to 75% of fees go to you.
Rewards are based on the amount of money your referrals are using on their transactions.
Additionally, if you have been referred by someone but didn’t use his/her link, you can manually add the account that referred you.
https://vertex.market/blog/vertex-referral-en
At Vertex, we offer users the chance to get rewards in Bitcoin by referring someone else to the website. Once you have created your account on Vertex, navigate to your Dashboard > Referral to access your unique referral link. Every user has a different referral link that they can share with friends or anyone.
Once another user registers with your personal link, he/she will automatically become your referral. You can check incoming referral fees by clicking on your transaction history. There are obviously numerous benefits of referring people to Vertex.
One of the main benefits of Vertex Referral system is that we use a 2-Level system where the referrals of your referrals will also benefit you. Up to 75% of fees go to you.
Rewards are based on the amount of money your referrals are using on their transactions.
Additionally, if you have been referred by someone but didn’t use his/her link, you can manually add the account that referred you.
https://vertex.market/blog/vertex-referral-en
What should you know about Vertex Market?
- Vertex Market is known not just for the speed but also for the wide variety of payment options and the security provided.
- We have over 70,000 users in almost two hundred countries.
- No deposits are required for creating offers.
- Depending on the country you are from, users can choose any type of payment available on the platform - like Credit Card, PayPal, MoneyGram, or Western Union. You can even choose a local bank or get to meet the user in person.
- The cryptocurrencies accepted are those with the biggest market capitalization, both volatile or stable, so that we can meet our user’s need: BTC (Bitcoin), ETH (Ethereum), BCH (Bitcoin Cash), LTC (Litecoin), USDT (US Tether), & USDC (USD Coin).
- We have a pretty streamlined process, where time is reduced for the buyer and seller. You will get an “Action Required” at the top of the screen whenever required, the steps are easy to follow, and we also have online support to help you whenever you may need.
- Not to mention, our team is dire when it comes to guaranteeing safety for our users. For example, if the seller claims that they have not received any payment, the buyer will be asked to present the team with a video proof that they actually paid.
Are there any additional benefits? Yes, there are; go and check them - https://vertex.market/blog/what-you-should-know-about-vertex-mark.et-en.
- Vertex Market is known not just for the speed but also for the wide variety of payment options and the security provided.
- We have over 70,000 users in almost two hundred countries.
- No deposits are required for creating offers.
- Depending on the country you are from, users can choose any type of payment available on the platform - like Credit Card, PayPal, MoneyGram, or Western Union. You can even choose a local bank or get to meet the user in person.
- The cryptocurrencies accepted are those with the biggest market capitalization, both volatile or stable, so that we can meet our user’s need: BTC (Bitcoin), ETH (Ethereum), BCH (Bitcoin Cash), LTC (Litecoin), USDT (US Tether), & USDC (USD Coin).
- We have a pretty streamlined process, where time is reduced for the buyer and seller. You will get an “Action Required” at the top of the screen whenever required, the steps are easy to follow, and we also have online support to help you whenever you may need.
- Not to mention, our team is dire when it comes to guaranteeing safety for our users. For example, if the seller claims that they have not received any payment, the buyer will be asked to present the team with a video proof that they actually paid.
Are there any additional benefits? Yes, there are; go and check them - https://vertex.market/blog/what-you-should-know-about-vertex-mark.et-en.
What is Vertex.Market Platform?
The Platform allows any citizen of any country to buy and sell cryptocurrencies such as Bitcoin or Ethereum against bank transfer or various other payment methods. It is a peer to peer exchange where buyers and sellers meet to conduct their exchange of goods. FIAT money such as USD, EUR, or GBP against Crypto or Cryptocurrency like Bitcoin against another cryptocurrency. This type of trading includes a high level of privacy and ensures that everyone can access cryptocurrencies.
The easiness of the process makes it very simple to buy crypto. In fact, peer to peer on Vertex.Market is the easiest way to buy Bitcoin.
You can buy for example 0.05 Bitcoin from a seller in your country and transfer with a local bank transfer to the seller's account. Vertex ensures that you will be sent the Bitcoins. With this process, it is likely that no authorities will prevent the trade from happening, since it often does not include any cross-border activity.
Whant to learn more about Vertex.Market? Please visit = https://vertex.market/blog/what-is-vertex-en
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