peer-to-peer exchange

Peer-to-peer (P2P) exchange is a decentralized system that allows individuals to directly trade assets, such as cryptocurrencies or files, without relying on a central intermediary like a bank or marketplace. Each participant (or "peer") connects directly with others to send or receive assets securely using technology like blockchain. This process increases transparency, reduces transaction costs, and offers more control over assets. P2P exchanges are often used for cryptocurrency trading, enabling users to buy and sell directly while maintaining privacy and avoiding traditional financial gatekeepers.