Unlike other exchanges where the third party is in charge of transactions, P2P exchanges are independent of any central body. The exchange only acts as an online platform to bring traders together, so this makes them prone to scams as transactions are done directly between the traders. You are fully in charge of the transaction and you have the choice to select who you want to trade with and what payment means. P2P exchanges like Remitano allow you to buy Bitcoin with your local currency with no charges.
Top 10 ways on how to avoid been scammed on P2P platforms while trading crypto.
