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How does P2P Exchanges works?

#1
Let’s categorize it as two-sector, Buyer and seller

Buyer - who wants to convert money to crypto

Alice wants to buy Bitcoin in the Exchange, she placed a buy order
The trade matching engine matches the trade with the desired sell order
Alice sends the amount to the seller’s bank account
Seller sends Bitcoin to the Wazirx Escrow wallet
Seller confirms the Payment to the Exchange
Wazirx Escrow Wallet releases the bitcoin to Alice Wallet
Seller - who wants to convert crypto to money

Alice wants to sell bitcoin in the Exchange, She placed a Sell order
The trade matching engine matches the trade with the desired Sell order
The buyer sends money to Alice’s bank account
Alice sends Bitcoin to the Wazirx Escrow wallet
Alice confirms the buyer’s payment to the Exchange
Wazirx Escrow wallet releases the bitcoin to the buyer’s wallet

P2P Crypto Exchanges fly high in the market, We Bitdeal P2P Crypto Exchange Development Company provides A to Z services in P2P services.
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