Bitcoin assets are meant to be exchanged either for cash or for other crypto tokens. Profits or investments are made during these exchange trades
. While it is convenient to perform regular centralized transactions, Peer to Peer (P2P) exchanges eliminates the middleman and allows ease of trade between two Crypto asset holders.Peer to Peer exchanges
are the most common trading formS in Nigeria as it offers a quick option for matching buyer and seller of crypto assets.
Many platformS in Nigeria offer this express P2P exchange service. But you’re not looking for just any Exchange platform, are you? You’re looking for the best. This is what this article is going to discuss.
More and morelocal crypto traders claim that https://shift.market
is the best P2P Bitcoin exchange they’ve tried in Nigeria. Today however, we’re not going to rely on hearsay alone. We want to discuss the reasons why they’re described as the best P2P Bitcoin Exchange in Nigeria. Features of a good P2P Bitcoin Exchange
A P2P exchange fundamentallymatches crypto buyers and sellers. The best P2P exchanges however ensure more than just convenient link between buyer and seller although that should be the strongest suite; Apart from convenience, a model P2P exchange should offer the following:·
Validation of traders to prevent scams·
No dubious charges·
Secure escrowing system·
Responsive customer service Validation of traders to prevent scams
P2P transactions offer more privacy than centralized 3rd
party Bitcoin investments. Many scanners attempt to use this privacy to be dubious. Sadly for their victims, some P2P exchange platformS are not secure enough to properly screen and validate each trader. In contrast, https://shift.market
justifies it’s tag as the best P2P Bitcoin exchange in Nigeria as it ensures that every account created is provided with complete relevant information and is not just aspam bot. This attention to validity using captchas and KYC ensures that scammers are shooed off the platform.
, you can perform P2P exchanges confidently, assured you're dealing with your peers. No dubious charges
As surprising as it sounds to those using https://shift.market
, some trading platformS do charge fees for P2P transactions which takes the fun away from such trades. The best Bitcoin exchanges do not charge for P2P transactions. Secure escrowing system
When a trade is opened between 2 peers, the https://shift.market
escrowing system is called upon automatically, not to pry into the trade but to protect both caveat and seller.
Once you release your Bitcoin tokens, the system escrows it and only delivers it when you have received the full exchange in cash or it's equivalent. This can prevent other scams that can come out of a simple P2P transaction. Responsive customer service
This is what sets https://shift.market
from other Bitcoin exchange platformS in Nigeria
. A very quick customer support team responds to resolve any issues you may have during your trade and in real time In conclusion
, Bitcoins are very prized assets. For smooth P2P transactions, use a platform that is valid, secure, doesn't overcharge, and very responsive.