How are you all I hope you are well. Alhamdulillah I am also very well. In today's post I will talk to you about P2P transactions. It is a very popular transaction name in the crypto world. Most people do these transactions. We will discuss its advantages and disadvantages. Apart from that I will also talk about how to make secure transactions on it so let's get started without further delay. What happens to ordinary paper money? When we go to save a lot of money we use the bank where we basically deposit the money. Then we take that money out of the bank and use it according to our needs.

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Cryptocurrency is an entirely digital currency. We know that it does not exist in the outside world. Since it is digital, you can do transactions here on mobile or computer. No need to go out for this. That means you can trade from anywhere in the world. Suppose you have some coins that you want to sell. There is someone abroad who wants to buy. You can easily buy and sell with him.

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Which is a good side of crypto. Now think about it but I don't need any bangkok. You can trade between any two people if you want. But when the transaction is between two people, the question arises about its security. In the case of Bangkok, a bank provides security to people. But technology like blockchain can give you security in this P2P transaction. You can say that technology has made our transactions easier which is a very good thing.

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But even in P2P these days, many people scam and leave without paying. In that case no problem you will use a good accelerator. For example, if someone doesn't want to pay you the money you received, you can complain to Binance and Binance will see that and give you the money you received. So friends this was today's post. Let me know how the post went. Seen in a new post. stay well