DECENTRALIZED

E5: Crypto basics: Peer-to-Peer marketplaces and how to buy crypto


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Episode Highlights

  • Peer-to-peer marketplaces are popular in Africa
  • They give those who are unbanked access to the crypto economy
  • They are fairly easy to use, offering a flexibility that you do not find on centralized exchanges
  • Despite their merits, they have limitations

Helpful links

  • https://qz.com/africa/2050735/kenyans-lead-the-world-in-peer-to-peer-crypto-trade/
  • https://www.nasdaq.com/articles/kenyans-can-now-buy-and-sell-crypto-through-paxfuls-p2p-marketplace-2020-12-10


 

Peer-to-peer marketplaces

  • Paxful: https://paxful.com
  • LocalBitcoins: https://localbitcoins.com
  • Binance Marketplace: https://p2p.binance.com/en

 

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DECENTRALIZEDBy Lorraine Mutyaba