Traders around the world have many options when it comes to trading cryptocurrencies. There are literally hundreds of exchanges offering crypto trading services (or claiming to offer them). If your priorities are different, you might have to do some research before choosing the right exchange to start your trading career.
P2P crypto exchanges are becoming increasingly popular these days due to their low transaction fees, speed, and privacy. Paxful and Shiftal are two of the best P2P crypto exchanges around the world, thus making the decision easier.
Let’s brush up on the basics before we compare two top p2p crypto exchanges based on their features and benefits.
With P2P crypto exchanges, users can buy and sell cryptocurrencies directly between themselves without requiring an intermediary to facilitate, verify, or approve transactions. In comparison to regular crypto exchanges, these exchanges are more secure and usually have a lower trade fee.
Shiftal P2P Exchange – Invest in crypto directly with other crypto traders on Shiftal, a peer-to-peer crypto exchange. There are currently over 75 payment methods supported, as well as the ability to trade the most popular cryptocurrencies, such as Bitcoin and Ethereum.
Paxful P2P Exchange – Most crypto traders around the world use Paxful, another leading P2P crypto exchange. In addition it supports hundreds of currencies, it supports several methods of payment as a global crypto exchange.
Compared to Shiftal, Paxful offers more payment options. If Shiftal does not have the payment option you prefer, you will most likely find it on Paxful.
Overall, Paxful and Shiftal are great options for P2P crypto trading. You can choose either option according to your preferences. Paxful is relatively more secure and has a lower trade fee than Shiftal, which has more payment options and cryptocurrencies.
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