P2P Payments Meaning | P2P (Peer-to-Peer) Network Allow Binance User to Exchange Crypto - Inspirein.in

 On the internet if you search what is mean by P2P Payment you will find different search result and descriptions on P2P. 

Some website shows Real Facts of P2P means Transferring data between two personas also on other sites it shows  that data  or payments share in between two is called P2P Network. 

When i was learning this topic on binance exchange i discover what does really  P2P Meaning - Peer to Peer directly share or exchange any cryptocurrency between each others and this will happen without any involvement of third party like bank, app, and exchange platforms.

this peer to peer exchange has offer decentralize transfer system that is more flexible, high secure and charge low fee compare with other centralize platforms.

Is P2P - Peer to Peer Exchange Good?

In Binance application their is many option for exchange crypto but as we discuss on p2p peer to peer or in another way you can say it person to person exchange. this ill allow you to transfer or receive crypto in such a way that their is no involvement of any third-party.

 Also Read-

Binance Application for Crypto Trading

Upgrade Binance lite version to pro free

How P2P Network Allow Binance User to Exchange Crypto in minutes - 

Binance is one of the best an free Crypto Exchange Platform that allow user to trade (Buy-Sell) Cryptocurrency. Binance has free Lite and Pro Versions for their user and pro version in best version as per my use also pro is free.

Binance has approx 200 million daily active users also you can say Trusted Exchange Platform as binance has large number of user they want to serve their service free to all user but in other side they earn commission on every trade for 0.10% - 0.02%.

P2P Network - binance make exchange profile easy to transfer cryptocurrency between each other.here is a screenshots of binance P2P Exchange Page. 

Here Bellow is another Screen shot of p2p payments  and peer price option 

Is P2P Safe for Buy Crypto In Binance

Buying Crypto for investment or trading is necessary but in other side it is difficult to trust on exchange platforms that allow user to buy or exchange coins with peer to peer (P2P) because of p2p you are directly buy or send coins to other user further any interruption of third party so it is very risky to trust any user some time it happens that you don't receive any coin after send money from you point.

but in binance app i found that their is a 15 minutes time limit for any exchange between p2p users so if you have any issue like you don't receive or user fraud you have complaint option so you can use it and refund your money.