Understand The Role of P2P in your Crypto Journey

Peer-to-peer trading is one of the most popular and cheapest ways to buy bitcoin. It’s also one of the oldest, if not the first, methods to trade bitcoin. The early P2P marketplaces had complicated user interfaces, low-security standards, and very high risks unique to P2P trading.

Over the years, this has changed with the wider adoption of crypto and influx of professional businesses, and the majority of the early issues and disadvantages disappeared.

P2P platforms managed by large exchanges, such as Cashlink, offer a seamless fiat transaction. An easy user interface, iron-clad security standards, and resilient customer support are just a few of the advantages Bundle offers.

For us at Bundle, the P2P platform, Cashlink, has become the only way to deposit cash into your wallet. This became a necessity after the restrictions which instructed banks and payment networks to not offer financial services directly to crypto exchanges and service providers.

However, there’s one issue that hasn’t changed much since the first P2P marketplace appeared — the risks.

Even though we haven’t faced any of these risks on Cashlink, we have curated probable risks that might occur whilst using Cashlink.

Cashlink verifies all its partners to ensure they are legit, and also puts them through rigorous testing before they are eligible to perform transactions on the platform. To date, we have processed 13.6m BUSD transactions and has recorded no scams on the platform.