Peer-to-peer (P2P) marketplaces and traditional crypto exchanges are both platforms that allow users to exchange their Bitcoin and other cryptocurrencies for a preferred currency. The two platforms offer similar services, but the trading experiences have fundamental differences. Traditional crypto exchange uses an automated engine to complete buy & sell transactions; however, P2P marketplaces like Binance P2P enable users to directly trade crypto with one another using their preferred payment method and fiat currency.
The same thing as above mentioned reflects on Binance Clone.
Reasons why P2P marketplace clones like Binance p2p are the best way to buy crypto for your users, it's providing more control and precision over your crypto to fiat conversions and vice-versa.
1. Live Trade Chat
Users chat with their trading counterparty before they complete any transaction. They can clarify payment requirements, follow up with delayed transactions or get to know who they're trading with. For more information, users can read helpful tips for using binance clone chat.
2. Personalize Offers: Ad Posting
Through the Binance clone ad posting feature, buyers and sellers can personalize their offers according to their preferred price, payment method, and local currency. Users create ad postings and provide suitable trading terms for crypto users around the world.
3. Security: Escrow Service
P2P trading is more convenient than a traditional crypto exchange, but trading with other crypto users also comes with its own set of risks. At Binance clone, we provide an escrow service that ensures safe and fair trading. Once a buyer completes their order, you can handle the seller’s cryptocurrency in a temporary deposit until both parties confirm the transaction is successful.
4. Customer Support
If your user encounters a problem with your P2P trading counterparty, your users can quickly seek assistance from the customer support team, who will contact you via email. Our customer service team will help to mediate between both parties and solve the issue.
5. Zero Fees
Traditional crypto exchanges serve as intermediaries and will collect a small amount of fee from all crypto transactions. On a P2P exchange clone like Binance P2P, your users can buy or sell Bitcoin and other popular cryptocurrencies from other users with zero fees.
6. More Ways to Pay
Binance clone script offers more than 300 different payment methods, including local bank transfer, SEPA Transfer, International transfer, online wallet, cash, and more.
7. Local and Global Marketplace
Whereas many other P2P platforms target specific markets, Binance clone software provides a truly global trading experience with support for more than 70 local currencies. Our binance clone strives to meet the needs of local markets via multi-language support and also support for regional payment providers.
8. External Restrictions
Regular restrictions have historically intervened with traditional crypto exchanges. Transactions are facilitated interpersonally on P2P crypto exchanges, which means users are not affected by these restrictions.
9. Fast Transaction Speeds
P2P transactions can last from 20 minutes to 1-3 working days, depending on the payment method that you use. Typically, online wallet transactions are fast and easy; however, banks may take one day to process the transfer, and in the case of International Swift transfers, you may need to wait up to three days.
10. Flexible amount
If your user is looking to make a large crypto order, they can find experienced block traders on Binance clone to buy or sell your crypto.
Ready To Launch P2P Crypto Exchange Platform like Binance? Get Started with Binance Clone.