Blockchain
PeersCrypto Launches Its Unique Cryptocurrency Peer-to-Peer Escrow Platform Along with Its Own Token
Brisbane, Australia–(Newsfile Corp. – October 26, 2021) – PeersCrypto is proud to announce its new cryptocurrency exchange platform and its own token on the BSC, allowing the token holders to trade with zero fees protocol. The presale is scheduled on DXSale on 29th October 15:00 UTC. PeersCrypto has designed a unique peer-to-peer website to enable people to exchange Ether to fiat currency without any third party. It uses a secured escrow system that eliminates any third party or intermediaries. It provides traders the opportunity to trade with whoever they want on their own terms.
PeersCrypto Launches Its Unique Cryptocurrency Peer-to-Peer Escrow Platform Along with Its Own Token
The PeersCrypto P2P marketplace uses end-to-end encryption, which keeps transactions confidential. Unlike the traditional system where you can’t do without a third party, a third party would be involved only when there is a dispute. Despite such a situation, the smart contract code acts as a third party.
The Idea Behind PeersCrypto
The main concept of the platform is to eliminate any third-party transaction. It tends to make transactions secure and fast using Blockchain technology. It will ensure that nobody has access to your digital wallet and keep your transaction secret.
Features of the PeersCrypto Platform
The platform offers several features for an encrypted peer-to-peer marketplace for selling and buying cryptocurrency.
Uniquely, PeersCrypto offers a person-to-person payment method with super-fast settlements. Interestingly, each transaction can take less than three minutes to complete. Furthermore, it removes middlemen’s needs and allows traders to trade on their own terms. It doesn’t matter if it is through any online payment or bank transfer; users can agree on their own terms.
It features a non-custodial encrypted marketplace for buying and selling Ether. In addition, you can also buy and sell other popular coins, including Binance Coin, Dogecoin, Tether, and so on.
How PeersCrypto Operates
PeersCrypto offers a distinct method of escrow service. Unlike the traditional escrow system, the PeersCrypto platform doesn’t accept deposits or process withdrawal. Furthermore, it doesn’t have any automatic matching algorithm.
Traders need to create an account on the PeersCrypto website before buying or selling any accepted crypto. With the account created, you can open trade to buy, sell and make an exchange on the platform.
Once a person posts an offer on the platform, someone has to respond to the offer to exchange the offer. Both parties communicate through an encrypted platform. Once both parties agree to the terms, the sellers place the fund in the escrow while waiting for the buyer to release payment. Immediately the fund gets to the escrow, a payment countdown begins.
When the seller receives the funds from the buyer, he releases the escrow to the buyer. However, if there is a dispute, the PeersCrypto arbitrator comes to settle the dispute. The arbitrator will request evidence from both parties before deciding the rightful owner of the fund.
Future Plans of PeersCrypto
According to the platform, there are plans to improve the marketplace with more integrations. It tends to support third-party wallets, mobile app, deployment of the website to IPFS, and the use of a Blockchain PKI.
Furthermore, PeersCrypto is launching its own token presale soon. Investors can take advantage of the presale to buy the new coin at a cheaper rate. You can find more about the presale on the website.
Available on: https://dxsale.app/app/v3/defipresale?saleID=1012&chain=BSC
Social Media:
Twitter: https://twitter.com/peerscrypto
Telegram: https://t.me/peerscrypto
Media Details
Company Name: Peerscrypto
Contact Name: Peerscrypto
Email: [email protected]
Location: Head Office: 498 Ring Road, Brisbane, Australia
Website: https://peerscrypto.com/
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/100874
A recent warning from the FBI regarding a crypto money transmitter seems to be aimed at the Samourai Wallet. This development highlights the increasing scrutiny and regulatory challenges faced by privacy-focused cryptocurrency wallets and services.
The FBI warning raises concerns about the use of certain cryptocurrency wallets that prioritize user privacy and anonymity, potentially enabling illicit activities such as money laundering and terrorist financing. While the warning does not explicitly name any specific wallet or service, the language used suggests that the Samourai Wallet may be the target of the advisory.
Samourai Wallet is known for its focus on privacy and security features, including coin mixing and stealth addresses, which aim to enhance user privacy and protect against surveillance and tracking. However, these features have drawn the attention of law enforcement agencies and regulators, who are increasingly concerned about their potential misuse by criminals.
The FBI warning underscores the challenges faced by privacy-focused cryptocurrency wallets in navigating regulatory compliance and law enforcement scrutiny. While these wallets aim to empower users with greater control over their financial privacy, they must also address regulatory requirements and law enforcement concerns to avoid legal and reputational risks.
As the cryptocurrency industry continues to evolve, privacy-focused wallets like Samourai Wallet will need to strike a balance between privacy and compliance, ensuring that they can provide robust privacy features while also addressing regulatory concerns and maintaining transparency with authorities. This delicate balance is essential to foster trust and confidence among users and regulators alike, ultimately enabling the continued growth and adoption of privacy-enhancing technologies in the cryptocurrency space.
Source: cointelegraph.com
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Blockchain
Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets
Pantera Capital is reportedly planning to raise $1 billion for a new fund that offers exposure to various crypto assets, as reported by Blockchain.News. This ambitious fundraising initiative underscores Pantera’s continued confidence in the potential of the cryptocurrency market and its commitment to providing investors with diversified investment opportunities in the digital asset space.
The new fund from Pantera Capital aims to capitalize on the growing demand for exposure to cryptocurrencies and blockchain-based assets among institutional and retail investors. By offering a comprehensive portfolio of crypto assets, the fund seeks to provide investors with access to a wide range of investment opportunities, spanning cryptocurrencies, tokens, and other digital assets.
Pantera’s decision to raise $1 billion for the new fund reflects its optimistic outlook on the long-term growth prospects of the cryptocurrency market. With increasing mainstream adoption and institutional interest in cryptocurrencies, Pantera sees significant potential for value creation and capital appreciation in the digital asset space.
As one of the leading blockchain-focused investment firms, Pantera Capital is well-positioned to attract capital from investors seeking exposure to the cryptocurrency market. The firm’s track record of successful investments and its experienced team of investment professionals are likely to bolster investor confidence and support for the new fund.
Pantera Capital’s plans to raise $1 billion for its new fund underscore its commitment to driving innovation and growth in the cryptocurrency market. As the fund attracts capital and deploys it into promising investment opportunities, it is poised to play a key role in shaping the future of the digital asset ecosystem.
Source: blockchain.news
The post Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets appeared first on HIPTHER Alerts.
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