OpenPeer Description
OpenPeer provides a decentralized option for peer-to-peer trading that stands apart from traditional centralized exchanges. Through OpenPeer, users can seamlessly connect and engage in transactions involving both fiat and cryptocurrencies. The platform ensures that users retain full control over their funds, as it does not hold any assets, utilizing decentralized smart contracts for escrow services. A significant advantage of using OpenPeer is the ability to purchase directly into your wallet, effectively avoiding withdrawal fees that often accompany centralized exchange transactions. After acquiring your desired assets, you can conveniently swap them for any tokens available on a decentralized exchange (DEX). Additionally, OpenPeer is compatible with multiple blockchain networks, including Polygon, Binance Smart Chain, and Arbitrum, further enhancing its versatility and user appeal. This comprehensive support for various chains allows users to explore a wider array of trading opportunities.
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OpenPeer User Reviews
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OpenPeer Review Date: Jul 04 2023
Summary: I like the product and look forward to it being integrated into my mobile wallet so I can use it on my phone.
Positive: Easy to sign in with Metamask and get started trading. They support Arbitrum, my favourite chain. Straight forward verification process if you want to KYC but you can also use the platform without KYCing.
Negative: Not enough ads posted for my currency but hopefully this will improve as more people start using OpenPeer.
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