P2P

A few days into April, several crypto tokens have recorded price instability, mostly due to the ongoing price correction, market sentiment and whale movement. These whale investors are particularly diverting from low-performing protocols to ones with huge profit potential.  These whale investors have sparked interest in Kelexo (KLXO), leading to massive profit potential in the presale stage 2.  Kelexo (KLXO) features spark interest from whale investors  The foremost Kelexo (KLXO) feature sparking interest among investors is the simplified p2p lending.…

The Ethereum-based decentralized exchange (DEX) aggregator “1inch” has added an all-new P2P feature to its DeFi arsenal. The feature allows users to swap tokens directly with other, individual users, rather than through an aggregated exchange. Unlike traditional transactions, this lets users make trustless trades through smart contracts that ensure both users receive their desired assets. Understanding P2P Orders As explained in a press release shared with CryptoAdventure, users must find a counterparty with whom to exchange tokens before using the…

How to evaluate the security of a cryptocurrency? One could easily claim that secure cryptos must run on a secure blockchain. However, this theoretical statement can have complex applications in the real world. One way to look at the matter is by connecting security to validation. Every blockchain must have a suitable transaction validation mechanism. When it comes to blockchain validation, we generally mention nodes. Today we will talk about Bitcoin nodes. The article aims to explain a very technical…

As the blockchain industry grows, we see an increase in the imagination of hackers. The first scams in the sector appeared somewhat naive. Today, we are witnessing the emergence of increasingly complex techniques. With the refinement of hacking methodology, it is increasingly more work for users to avoid cybersecurity traps. This article will discuss eclipse attacks and criminal mechanisms that attack blockchains. The direct victim of the attack is not, in this case, the end-user. However, as we will explain,…

The top peer-to-peer (P2P) crypto exchange LocalBitcoins has noted a 70 percent decrease in the number of transactions related to darknet since its adoption of AML (Anti-Money Laundering) and KYC (Know Your Customer) regulations in September last year. LocalBitcoins noted its ability to remarkably decrease the number of transactions related to darknet carried out using its platform between September last year and May this year. In the words of the chief marketing officer at LocalBitcoins, Jukka Blomberg to Cointelegraph, the…

Arbitrage refers to purchasing and selling an asset to profit from a difference in the asset's price between markets. It is a trade that profits by exploiting the price differences of identical or similar financial instruments in different markets or different forms.  Arbitrage has existed for years in the financial world and is gathering momentum in cryptocurrency. However, with cryptocurrency trading taking root and spreading worldwide, there are periods with significant price variance between exchanges.  Crypto arbitrage is when traders…

With time, the types of crypto trading keep changing, and so do the exchange methods. Understandably, the earlier means of exchanging cryptocurrency used the traditional centralized exchange. However, when cryptocurrency was still new in the market, this exchange method boosted its popularity.  However, the centralized exchange process was rather time-consuming, which prompted the development of P2P cryptocurrency exchanges. As a cryptocurrency enthusiast, you are probably looking for easier ways to exchange crypto with other traders. Look no further, as P2P…