Sunday, April 17, 2022

Crypto bourses try P2P deals, direct deposits to overcome payment curbs

In a P2P transaction, the exchange receives an order from a buyer and shares the seller’s bank account details with the buyer. The buyer then directly transfers funds to the seller using any of the regular online payment options while the seller moves the cryptocurrency lying in her wallet with the exchange to the buyer’s crypto wallet.

from Tech-Economic Times
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