🤝CoinBox P2P

Executive Summary

Blockchain-based asset instruments have become a global phenomenon in recent years. Various industries are benefiting from the convenience of the technology and P2P exchange capability it provides.

Peer-to-peer exchanges allow individuals to move currencies from their accounts to the account of others without having to go through an intermediary and eliminate middlemen. P2P networks rely on digital transfers, which in turn depend on the availability of an internet connection. This allows individuals to use computers as well as mobile devices, such as tablets and phones, to match each other on the P2P marketplace and orderbook.

With this in mind, CoinBox Finance is proposing to develop a P2P Marketplace platform where the users of the system can send and receive coins through Mobile Phones from the comfort of their homes without having to rely on 3rd party.

CoinBox P2P offers complete security to users by creating a Non-Custodial P2P platform without depositing your assets to any centralized party for you to sell/buy. Anyone who has sufficient asset balance in the wallet can create ads for sale, and also users can create ads to buy coins P2P through Orderbook technology in an open and transparent manner.

P2P Marketplace

The sellers will be able to create Ads and the buyers will be able to view and select them before making a purchase. The seller's wallet amount will be stored in an escrow account and the system will wait for payment confirmation before transferring it to the buyer account.