Is it possible to purchase crypto without going through an exchange?

3 answers

• May 07, 2022 · 3 years ago
  Yes, it is possible to purchase cryptocurrencies without going through an exchange. One alternative method is peer-to-peer trading, where individuals can directly trade cryptocurrencies with each other without the need for an intermediary. This can be done through platforms that connect buyers and sellers, or even through local meetups and communities. However, it's important to exercise caution and ensure the security of the transaction when engaging in peer-to-peer trading.
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• May 07, 2022 · 3 years ago
  Absolutely! There are several ways to buy cryptocurrencies without going through an exchange. One option is to use a decentralized exchange (DEX), which allows users to trade directly with each other using smart contracts. Another option is to buy cryptocurrencies from individuals through over-the-counter (OTC) trading. OTC trading involves purchasing cryptocurrencies directly from sellers, often in large quantities. Additionally, some platforms offer the option to buy cryptocurrencies using fiat currency or other cryptocurrencies without the need for an exchange.
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• May 07, 2022 · 3 years ago
  Yes, it is indeed possible to purchase cryptocurrencies without going through a traditional exchange. One popular method is using decentralized finance (DeFi) platforms. These platforms allow users to trade and invest in cryptocurrencies directly from their wallets, without the need for a centralized exchange. By using smart contracts and blockchain technology, DeFi platforms provide a secure and transparent way to buy and sell cryptocurrencies. However, it's important to do thorough research and understand the risks associated with DeFi before getting involved.
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