Man, I thought launching a P2P crypto exchange would be a killer idea, but I’m drowning in red tape. I figured it’d be as easy as setting up a website and letting people trade, but nope—there’s legal hoops everywhere. Do I go CEX or DEX? FinCEN, MiCA, BaFin—these acronyms are giving me nightmares. And don’t even get me started on security—one breach and boom, reputation gone. Anyone here actually done this before and lived to tell the tale?

Oh yeah, been there, done that. Trust me, the legal stuff is brutal. If you’re eyeing the U.S. or Europe, brace yourself for months of compliance work. If you wanna keep things smoother, a DEX might be your best bet—less red tape, but liquidity can be a nightmare. Security-wise, escrow is your best friend, but don’t cheap out on audits. Also, consider mobile first—most P2P users trade on their phones. You should check out this guide on how to start a P2P crypto exchange.

I’m all for decentralization, but let’s be real—P2P platforms have their fair share of headaches. Sure, skipping banks sounds cool, but good luck getting people to trust your platform without a rock-solid escrow system. And CEXs? Yeah, you’ll make regulators happy, but users hate handing over their data. Honestly, if you’re not ready to spend serious cash on security, don’t even bother. Global adoption is coming, but right now? Still a legal minefield.

Once I needed to urgently sell Ethereum, but I encountered the fact that many exchangers offered an unfavorable rate, and some simply delayed payments. I told a friend about this and he advised me to go here . He has been using this platform for a long time and helped organize everything. The transaction went quickly, the money arrived on the card within half an hour. Now I use this service all the time, because it is really convenient here: support responds promptly, the rate is always fair, and verification takes a minimum of time. Plus, you can create a crypto wallet directly on the platform - this turned out to be very useful.