This platform operates in a decentralized manner because transactions are carried out directly between users, in English this type of exchange is known as peer2peer or P2P. Normally, when one is going to exchange cryptocurrencies in an exchange, the transaction is made with the company that operates said platform. For this reason, it is necessary that they have enough liquidity to manage all sales. In short, in most cases there is an intermediary between seller and buyer.
With AirSwap there are no intermediaries, the transaction is carried out directly between the parties involved, which means that users never lose control of their tokens or leave them in wallets controlled by third parties, as is the case with centralized platforms
This is my English translation of a segment from one of my previous Spanish articles.
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