Solid P2P Streamlines Cryptocurrency Operations for Newbies
Amid Crypto Winter, newbies and professionals in digital assets badly need a secure and intuitive protocol for peer-to-peer (P2P) trading of Bitcoin (BTC) and altcoins. Introduced by a heavy-hitting team of cryptocurrency enthusiasts, Solid P2P platform went live to address issues of peer-to-peer exchange in Web3.
Solid P2P creates one-stop platform for peer-to-peer crypto exchange
Solid P2P, a novel cryptocurrency exchange service, promotes itself as a lightning-fast, transparent and convenient platform for peer-to-peer trading.
Solid P2P allows no-KYC exchange of flagship cryptocurrencies: Bitcoin (BTC) and top altcoins Ethereum (ETH), Litecoin (LTC), Tronics (TRX), as well as U.S. Dollar Tether (USDT), the largest stablecoin. Solid P2P supports both ERC-20 and TRC-20 versions of USDT; transfers are available for both Ethereum-based and Tron-based accounts.
The platform works with negligible fees: its clients are charged with a 1% withdrawal fee and 1% exchange fee. Clients can deposit assets with zero fees.
To start working with a platform, an Internet user should just choose the cryptocurrency he/she wants to purchase and the preferred payment method for this purchase. After choosing the currency/crypto pair and the “Buy/Sell” option, the list of available offers will be displayed to the user.
Various payment methods, secure buying/selling experience
For every offer, a potential trader can see the reputation of the counterparty, the list of his/her trading pairs, the amount of funds available for exchange and all of the details of his/her orders.
As displayed above, the user “JonasP2P” is ready to sell up to 20-35 TRC-20 USDTs (Tethers on Tron [TRX] blockchain) for U.S. Dollars transferred through PayPal or Payeer digital payments processors. “JonasP2P” is a reputable trader: over 40 users rated his services at an average of 5.00.
In order to initiate exchanges, traders should sign into their account with an email address. Once a new email is verified, two-factor authentication (2FA) details can be customized.
Solid P2P users can set two-factor authentication (2FA) via Google Authenticator, SMS or Telegram Messenger. In order to finalize 2FA settings, users should enter a six-digit code in messages from Solid P2P.
Advanced affiliate program for crypto enthusiasts
Once the account is set and verified, the user can finalize the trade and review his/her experience. Basically, there are three rating options: users can rate his/her counterparty between 1 and 5, block the counterparty for a bad trading experience or write a short review.
In reviews, traders cover the speed, accuracy and other details of finalized trades. All cryptocurrency funds can be withdrawn from Solid P2P in a seamless one-click manner to third-party accounts on appropriate networks (Ethereum, Tron, Litecoin and so on).
Active users of Solid P2P can also get unique links to affiliate programs. Once a user invites friends, he/she can start earning a share of referrals’ commissions. Namely, when inviting 30 active friends, an owner of a referral link can obtain 50% of their fees.
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.