In P2P crypto trading, the users directly buy or sell cryptocurrencies from each other on a P2P exchange or marketplace. A P2P exchange serves as the trade facilitator by providing a platform for buyers and sellers to broadcast their offers.

All crypto trades on a P2P exchange are protected by blockchain technology. This suggests that in case a seller does not release your desired crypto, then the customer service agents can spring into action and release the crypto from reserved funds.

There are various wallets for different trading purposes. When users initiate P2P trading on a P2P exchange, they need access to a P2P Wallet. Crypto purchased from P2P trading will be transferred directly to your Funding Wallet. However, to sell crypto via P2P exchange you need to transfer your funds to a funding wallet first.

To buy and sell on a P2P exchange you must first create an account on Caesium and pass the identity verification phase before conducting the first transaction on the platform. All P2P sellers on the platform are subjected to stringent verification procedures.

Blockchain is one of the most advanced technologies, that makes it possible to build applications where multiple parties can record transactions without the need for a trusted, central authority to ensure that transactions are verified and secure.

In order to buy, sell, and hold cryptocurrency on your personal Caesium profile, you need to verify your identity with Caesium, including providing an SSN or ITIN.

Receiving notification for payment is almost instant on Caesium. There might be a slight delay in confirmation before the network starts confirming your transactions which will be included in a block. Transaction confirmation will suggest that there is a consensus on the network and the cryptos received will not be sent to anyone else.

A P2P crypto exchange platform is based on blockchain technology with protocols and cryptography in place. The platform has a strong security track record and Caesium’s network is the largest distributed computing project on the globe today.

If a crypto buyer makes a payment and then cancels the transaction later, then their detail will be shared with the seller and ask them to refund the payment back to the buyer. This ensures that the respective buyer or seller receives their funds with the payment proof.

The good thing here is that transactions can be processed without any transaction fees, but free transactions would require waiting for days or weeks as well. There may be an increase in fees over time and the normal platform fees will only cost you a tiny amount.

To buy or sell crypto you need to select the “Buy or sell crypto” option provided on the platform. This will guide you to the P2P trading page. You can create your ideal advertisement by configuring the advertisement type to buy or sell. Confirm that all the information provided in your advertisement is accurate.

Caesium offers appeal for both crypto buyers and sellers. As a seller, you need to appeal in order to receive the payment from the buyer where the amount might not be correct. Whereas, as a buyer, you need to appeal because you have made the payment but the cryptocurrencies are not released by the seller.

P2P merchant guidelines are set to create a secure and reliable trading environment for Caesium platform users. There is a certain rule mandated that all P2P merchants need to follow and abide by. Example - Be honest, polite, and fair, be responsible for your ads, do not cancel orders arbitrarily, etc.

For buy ads – as a verified advertiser your ads will be automatically hidden if the outstanding orders are over 7 orders. The ads will be visible again when the outstanding order drops to 4. For sell ads – as a verified advertiser your ads will be hidden when the outstanding orders cross 50. Once the ad number drops to 40, your ads will be made visible automatically.