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RE: Bitcoin India: Koinex Exchange Introduces Loop — New Peer-to-Peer Mechanism For Deposit/Withdrawal

in #india6 years ago

I think this peer-to-peer alternative these exchanges have come up with is already being implemented by Localbitcoin.com, although I agree that this will be helpful for the customers but it can also lead to the problems.For example, say these exchanges are audited by the government, then they will readily hand over the details of their customers and customer might get into troubles apart from that because of all these exchanges implementing peer-to-peer at the same time the government will come to know that people are prefering peer-to-peer and these all might get us into unforeseen pronlems.I hope they have planned beforehand how they are going to protect their customer.

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