CryptoQueenBee
Thu Oct 03 2024
|
7 answers
1573
Can P2P be trusted?While P2P platforms use escrow services for security, the risk is generally higher due to the lack of a central authority. Traditional trading platforms are regulated and have security measures, but they can still be targets for hacks.
Could you elaborate on the trustworthiness of P2P platforms? While they employ escrow services to ensure safety, are there inherent risks given the absence of a central governing body? Conversely, regulated traditional trading platforms possess security measures, yet they remain vulnerable to cyber threats. How does one weigh these factors when considering the trustworthiness of a platform?
