After RBI circulation indian crypto exchanges was exploring alternative way to survive Crypto market in India.then they introduce P2P trading option for indian crypto traders.Koinex was the first indian exchange to announced P2Q trading faciality in india then wazirx,coindelta and others follow that waxm.P2P functionality works as local bitcoin.
Benefits of P2P trading:
- No interference from anyone
- Easy buy and sell
Disadvantages:
- Not based on market rates: Buying and selling may be expensive.
- No open order book
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