Why buy crypto P2P?Low fees: P2P exchanges usually don't require any transaction fees. Since there's no central authority involved, sellers and buyers can often interact directly with each other with zero fees. Faster cryptocurrency trading speeds: P2P transactions are typically faster than conventional exchanges.
I'm curious about why someone would choose to buy cryptocurrency peer-to-peer (P2P). Can you elaborate on the advantages, specifically the low fees and faster trading speeds mentioned? How does the absence of a central authority impact these factors, and what other benefits does P2P trading offer over traditional exchange platforms?