CoinEx Launches P2P Service, Seeks Global Merchant Expansion
CoinEx, a global cryptocurrency trading platform, has launched its peer-to-peer (P2P) trading service, enhancing its suite of trading options.
What’s the significance: Coinex said this new P2P service offers a secure and user-friendly platform for fiat on-ramp and off-ramp transactions, which could be an opportunity for global P2P merchants.
Key Features of CoinEx’s P2P Service
Coinex details the following:
- Secure Trading Environment: Transactions are safeguarded by CoinEx security system.
- Global Coverage: Supports over 100 fiat currencies and many regions worldwide, benefiting over 5 million users.
- User-Friendly Interface: Intuitive interface with real-time communication channels for smooth transactions.
Benefits for P2P Merchants
- Merchants can post sell orders without pre-freezing funds, improving fund utilization.
- Continuous order-taking without inventory concerns.
- Merchants can confirm or reject orders within a set timeframe without penalties.
- Easily switch between operating and resting status with a single click.
Why launch a P2P service?
Coinex said it wants to attract high-quality P2P merchants to expand its market reach.
Zooming out: The number of pure peer-to-peer escrow marketplaces have declined, while P2P products of centralized exchanges have increased.
This article is from a press release submitted by Coinex: CoinEx Launches P2P Service, Seeks Global Merchant Expansion
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