P2P Bitcoin trading is not without flaws and concerns. Dealing with such trades is risky, as chances of theft are relatively high. Online trades still pose risks as deals can go awry at any given time. Various P2P platforms throughout India will beef up their security measures, such as introducing KYC procedures and safer payment methods.
Introducing escrow services will bring more legitimacy to P2P trading. This means platform operators will ensure money is kept safe until buyer and seller are satisfied with the trade in question. There’s also the ongoing challenge regarding the RBI’s decision, which will have its next hearing on July 20th.
What do you think about exchanges to P2P trading?Comment your openian............
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