P2P Trading with Afrostar

P2P is nowadays popularized because of all the benefits it offers that are linked to the decentralized economy. It is a step towards changing the way we interact with money and transfer it.

But before we get into why P2P is such a popular concept among everyone, let’s understand what P2P is?

What is P2P?

A peer-to-peer is a kind of network that stores, shares, and controls the data shared between them. It all started with the file-sharing systems which allowed millions of people to connect through the internet.

P2P exists to introduce decentralization in its most applicable nature.

P2P Transfer And Removing Intermediary

Peer-to-Peer trading is also called Customer-to-Customer trading which means the exchange of assets directly through a network of users.

For any kind of transaction, what we need today is an intermediary to connect the two users (the receiving and giving partners) but with P2P in the picture, there is no need for any kind of intermediary — a transaction from the user to the user.

Now the question arises, how does this change the way we deal with transactions of any kind?

P2P Trading And Cryptocurrency

P2P trading has turned into a new-aged concept with the introduction of cryptocurrencies. The ultimate goal of crypto is decentralization and P2P is an important concept to fulfill this goal.

P2P trading gives various advantages over centralized trading such as:

Global Marketplace — Users don’t have to obey the certain policies introduced by the third party.

Low to Zero Trading Fees — Users don’t have to pay any charge to an intermediary so there is a low and even zero trading fee.

No Hacking- Since there is not one particular entity/server controlling the system, the chances of hacking get decreased, and even if one tries to manipulate the data, it simply can’t happen because the nodes of a blockchain are interlinked.

Various payment methods- With P2P trading, there are over 100+ payment methods available including in-person cash exchange.

P2P trading also gives a window to know more about the user you are buying from or selling to.

P2P With Afrostar

Africa is one of the fastest-growing markets in P2P trading and to provide the ecosystem for the same, Afrostar is here to serve. It is the united digital currency of Africa to make trade easier between people of different African countries, It is a single source to do the investment, sending money home, a route available to raise money, and build DApps (for crypto investors).

With P2P exchange, the more users use the ecosystem, the more fees and commissions will be generated. These fees will be used to buy Afrostar tokens creating extra buying demand. The tokens available can also be used for peer-to-peer exchange fees.

There will be no intermediary since a digital currency means no manipulation, low fees, a global marketplace, and various payment methods to choose from.

Making investments and any kind of transactions get easier with P2P in the picture and Afrostar is here with P2P exchange, copy trading platform & community, along with the highly in-demand NFT platform.

In the next 10 years or so, the economy is going to be decentralized and for that possible future, Afrostar is one of the best examples to provide value with the crypto and NFT platforms.

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