Fall of P2P platforms, what's your opinion?

[BattleAxe1]

I don't use p2p for trading because I don't consider it the ideal way to trade but I use it to convert to my local currency since it's the only way available to us here.

The problem with p2p integrated with centralized exchanges is that they require KYC in most exchanges, so I do not prefer using p2p CEX. I prefer instead to deal with a reliable intermediary via Telegram, as it provides the necessary guarantee for both the seller and the buyer. I have used this method safely for years and it still works well. Until now.

Not sure how you get to know a reliable intermediary to trade with on Telegram as a first time user. It is more reliable trading P2P on a centralized exchange since for the most part, the platform already verifies their merchants and you could also see the rating. I use Bitget P2P which has proven to be fast and reliable. For another level of security, I trade only with merchants with 98/100 rating. I previously used Binance but that has changed since I found a better alternative.

[LogitechMouse]

Do you still use p2p platforms or exchange's P2P?

I make use of exchange P2P just because it is what I am used to, but I am very careful of traders I trade with due to the consciousness of scammers  and usually take note of the traders I have traded successfully with.

Same thing here. TBH, I haven't try those decentralized P2P exchanges still, but who knows. One day, when those CEXes are gone, we will be using those decentralized P2P exchanges. Nevertheless, I'm comfortable with using P2P from exchanges. I sell some Bitcoins that I'm getting on signature campaigns on Binance through P2P, and so far, I haven't experience anything bad on it. Didn't get scammed, didn't get any problems either. I mean why find another one if you find your current helpful and has no problems at all.

[Findingnemo]

Do you still use p2p platforms or exchange's P2P?

I make use of exchange P2P just because it is what I am used to, but I am very careful of traders I trade with due to the consciousness of scammers  and usually take note of the traders I have traded successfully with.

Same thing here. TBH, I haven't try those decentralized P2P exchanges still, but who knows. One day, when those CEXes are gone, we will be using those decentralized P2P exchanges. Nevertheless, I'm comfortable with using P2P from exchanges. I sell some Bitcoins that I'm getting on signature campaigns on Binance through P2P, and so far, I haven't experience anything bad on it. Didn't get scammed, didn't get any problems either. I mean why find another one if you find your current helpful and has no problems at all.

So far decentralised P2P which is Bisq is almost zero volume for most fiat but it could be active if government forces the users to stop using crypto currency until that the centralized p2p will be seeing most of the traffic.

But my concern is we are gonna let Binance to handle everything of crypto market or we should keep some of the competition to get fair share because we know what will happen if there's one or two exchanges only left then they will decide everything and users will be left with no choice other than accepting their terms.

[Hyphen(-)]

The emergence of exchange's P2P also increased the p2p scammers because they simply go with the reputation of exchanges which is irrelevant when we are doing P2P trades. Even the existing P2P platforms whether it's centralized like Paxful or decentralised like Bisq/Robosats, etc lacking liquidity for fish to crypto and vice versa.

Do you still use p2p platforms or exchange's P2P?

I have only used external p2p in the past once, which was on the Telegram platform, and it turned out to be a scam. Since then, I have never used any p2p platform except the exchange p2p, which I have been using for quite a while, and I never get scammed.

To my understanding on exchanges p2p especially Binance, Kucoin, and the Bybit platform I have used, it is the exchange that will stand as escrow for your respective transactions to make sure there is no form of scam during the transaction, which is why I think it is better. I heard of some non kyc exchanges that do the same thing, and their main advantage is the lack of kyc, which is better for our privacy.