Definition
In exchange services, P2P commonly connects crypto sellers with buyers paying through supported fiat methods. The marketplace helps discovery and may hold the seller’s crypto during the transaction. The fiat payment often travels through a separate payment provider, not through the crypto escrow itself.
How It Works
A buyer selects an offer, checks its terms, and pays through the agreed channel. The seller verifies actual receipt before releasing the escrowed crypto. Advertised rates, quantity limits, and payment methods differ between offers. An order status or payment screenshot alone is not proof of settled funds.
Key Considerations
Escrow reduces some delivery risks but does not eliminate payment fraud, reversals, or disputes. Keep communication and evidence within official channels and follow the platform’s dispute process. Moving the deal outside the supported flow can remove protections. These are general mechanics, not a statement that ZOOMEX offers a particular P2P service.