P2P that's full Dex don't exist?

[StormHawk]

Till this day there is no P2P that works very well without been operated by a centralized exchange, I have tried so hard to find one, why can't developers works on a dex P2P that somehow knows how to handle transactions between two people, where there will be no need to thirdparty to check things first.

I have never use telegram p2p before but I heard that its works very well, I want to ask if anyone is using telegram p2p and how is the experience? No room for cheaters?

[Charles-Tim]

I have never use telegram p2p before but I heard that its works very well, I want to ask if anyone is using telegram p2p and how is the experience? No room for cheaters?

Telegram P2P will just be seen as a centralized one. You have your phone number registered on Telegram. If you want to create ads, you will submit identity documents.

You can use bisq.network, hodlhodl or robosats and find out if people from your country are using the decentralized exchanges.

[AVE5]

I have never use telegram p2p before but I heard that its works very well, I want to ask if anyone is using telegram p2p and how is the experience? No room for cheaters?

Telegram P2P will just be seen as a centralized one. You have your phone number registered on Telegram. If you want to create ads, you will submit identity documents.

You can use bisq.network, hodlhodl or robosats and find out if people from your country are using the decentralized exchanges.

It's quite an observation to me that such exchange isn't going be fully decentlized with that submissions of personal contacts required before accessing network or platform. And there's linkage from the exposure of privacy that comprises the decentralized protocol.
So Op should also be urged not to be diluted that such exchange which processes crypto currencies and the fiats that's an authorized as the USD and others can be reliable. Well you can only think about this if you cares about your privacy but must note that a decentralized networks doesn't have to require personal information and determining users location being being authorized to use the site.

[StormHawk]

I have never use telegram p2p before but I heard that its works very well, I want to ask if anyone is using telegram p2p and how is the experience? No room for cheaters?

Telegram P2P will just be seen as a centralized one. You have your phone number registered on Telegram. If you want to create ads, you will submit identity documents.

You can use bisq.network, hodlhodl or robosats and find out if people from your country are using the decentralized exchanges.

I forgot that part, you are right sir, so I should just stop looking for what doesn't exist it seems, how come are telling themselves that decentralisation is winning? Its very obvious that centralization is still in complete power over everything, this is a big shame. I don't have any other ways to describe this, it sucks really bad.

[welovebit]

Big problem is they want to control everything, and they are doing with their power and influence they never want us to enjoy our independence in last few weeks I am also checking few things, but now these are not working as they were expected.

Now P2P through centralized risky because they are chasing peoples and taking all information's which are not possible through Dex accounts freezing and peoples are harassing its happening around us while Dex needs some good stuff which is also not possible because now mostly peoples are compromising or giving up just because of this no chance for this even in near future.

[casey15]

Except you are personally doing p2p privately with someone you know, then it will always be centralized. This is because the exchange stands as escrow between you and the vendor so that when one party defaults then the funds or the coins will not be released. If it is not done this way, it means that you will just be transacting with the vendor based on pure trust and we know that scams are all over the place and so humans can never really be fully trusted. I'll prefer using someone I know personally but it may be difficult for a lot of other people.
Even telegram will still work as a decentralized exchange does. Your money and the coins will still be held until both parties have verified the transaction... Because of scams you will also be required to drop identification documents too

[Amphenomenon]

Till this day there is no P2P that works very well without been operated by a centralized exchange, I have tried so hard to find one, why can't developers works on a dex P2P that somehow knows how to handle transactions between two people, where there will be no need to thirdparty to check things first.

There are true decentralized exchanges like Bisq and others. The first reply on this thread listed more and gave a reason why Telegram p2p can't be considered as decentralized.

This site: https://kycnot.me/ will be helpful to you in getting reviews on Bisq and every top non-kyc exchanges including the ones that  are also decentralized.

[SquirrelJulietGarden]

Till this day there is no P2P that works very well without been operated by a centralized exchange, I have tried so hard to find one, why can't developers works on a dex P2P that somehow knows how to handle transactions between two people, where there will be no need to thirdparty to check things first.

I have never use telegram p2p before but I heard that its works very well, I want to ask if anyone is using telegram p2p and how is the experience? No room for cheaters?

There are many Peer to Peer marketplaces but not all P2P marketplaces are truly decentralized. You can not have P2P trading on Binance or OKX with decentralization and privacy.

Help: A list of LocalBitcoin alternatives (P2P marketplaces).

If you want the best one in privacy, try Bisq.
https://bisq.network/

[Aanuoluwatofunmi]

Till this day there is no P2P that works very well without been operated by a centralized exchange, I have tried so hard to find one, why can't developers works on a dex P2P that somehow knows how to handle transactions between two people, where there will be no need to thirdparty to check things first.

If you want to make use of p2p from a decentralized exchange, then you can consider the use of hodl hodl or bisq, they are the main main most recognized decentralized exchange platform for the use of p2p if you want to avoid centralized exchanges.

I have never use telegram p2p before but I heard that its works very well, I want to ask if anyone is using telegram p2p and how is the experience? No room for cheaters?

You have to be more careful using telegram p2p, because of scammers, also, the rate there could be manipulating to an extent, therefore we should ensure that we try as much as possible to verify the current exchange rate before engaging them.

[EluguHcman]

I have never use telegram p2p before but I heard that its works very well, I want to ask if anyone is using telegram p2p and how is the experience? No room for cheaters?

Telegram P2P will just be seen as a centralized one. You have your phone number registered on Telegram. If you want to create ads, you will submit identity documents.

You can use bisq.network, hodlhodl or robosats and find out if people from your country are using the decentralized exchanges.

I forgot that part, you are right sir, so I should just stop looking for what doesn't exist it seems, how come are telling themselves that decentralisation is winning? Its very obvious that centralization is still in complete power over everything, this is a big shame. I don't have any other ways to describe this, it sucks really bad.

When you talk about exchange that offers P2P, you don't need to expect the network to be Decentralized because exchange will always have an officiating support with the network.
I don't either know about the telegram P2P being recommended here but considering that it requires you to verify with document even if it is just a verification of nationality can no longer be Decentralized.

If you have to send your Bitcoin to other users on wallet address and prioritize to be custody of your funds, then must use only the core Decentralized crypto wallet where you don't have a third party involved on your transaction progress with other wallet address.

And verily, Decentralization remains the best because it gives the right for self custody of users funds.

[rat03gopoh]

I have never use telegram p2p before but I heard that its works very well, I want to ask if anyone is using telegram p2p and how is the experience? No room for cheaters?

P2P Telegram only works well if you know who you're dealing with. Metrics to consider if you want to trade with other members (in order of priority):

• Has an unmoderated public offering, preferably in an active discussion forum;
• Trust score or profile feedback (this works like reviews);
• Who they trade with frequently and seamlessly. I wouldn't deal with members who only trade with non-reputable users on a P2P platform.

[I_Anime]

Till this day there is no P2P that works very well without been operated by a centralized exchange, I have tried so hard to find one, why can't developers works on a dex P2P that somehow knows how to handle transactions between two people, where there will be no need to thirdparty to check things first.

I have never use telegram p2p before but I heard that its works very well, I want to ask if anyone is using telegram p2p and how is the experience? No room for cheaters?

There may be some out there though, put I still prefer using normal exchange P2P  just to avoid being scam and stuff because even in cex some folks still got themselves scammed ,  while some prefer online vendors , I have a bit of trust issue so I don't use such for safety reasons and to avoid being scammed also I knew of many who fall victim of such ,after sending money to the particular vendor they didn't get any response from the vendor again , but in an exchange when the vendor haven't paid yet , your coin won't be released until the payment are completed

[FirmWars]

If you want to use a full dex for p2p, bisq is mostly recommended, centralized exchange is plenty and separated to tier 1 and 2, fully decentralized p2p exchange are not plenty like that, I guess developers will do justice to that in the future but for now, we can use the few available once. I don't know if Trêvoid service can help, I just thought I should suggest it to you [ANN] █ Guaranteed No KYC / AML Checks █ Trêvoid's Swap Service CRYPTO ⇄ CRYPTO

[Kavelj22]

Till this day there is no P2P that works very well without been operated by a centralized exchange, I have tried so hard to find one, why can't developers works on a dex P2P that somehow knows how to handle transactions between two people, where there will be no need to thirdparty to check things first.

There are true decentralized exchanges like Bisq and others. The first reply on this thread listed more and gave a reason why Telegram p2p can't be considered as decentralized.

Telegram itself is a centralized platform that can be considered a third part to handle P2P deals. Channels in telegram where users can meet and make deals are already moderated by someone who will play the intermediary role. You have always to trust telegram and to trust the channel moderator even if he is not responsible for all deals.
Personally I would avoid make deals through telegram unless for small amounts in crypto without including Fiat payments. The only good option I know is bisq app which is community most trusted imo. Always DYOR and deal with extreme caution to avoid unexpected incidents because disputes are hard to resolve with P2P deals.

[Emjay24]

You can use bisq.network, hodlhodl or robosats and find out if people from your country are using the decentralized exchanges.

I have been meaning to ask how these decentralized exchanges really work?
Like who attends to the conflicts and how is it resolved within the two parties?

Are they open source and does the exchanges keep logs on transactions done on their platform? I saw in the documentation of the intercountry information sharing that some decentralized exchanges would share information too which means that there is still a central server holding individuals data which would be shared with the governments by the owners.

[Creeper0]

I have not used Telegram P2P yet and I am completely unaware of its operation.

I do not expect decentralized P2P, because it will be difficult to control fraud. Despite being centralized, we sometimes face fraud or scams. Using Dex for P2P requires you to completely trust the second party unless you know the second party personally. If you exchange with a stranger via P2P, there is a possibility of fraud for you. It would not be unusual for someone to refuse to send crypto after sending fiat.

However, developers can adopt the "automatic deduction" strategy. In this case, there will be some complications, you will be unable to transfer money directly to your local digital wallet or bank. If you want to withdraw money to a local wallet, you will have to rely on a third party, maybe there is no other way.

[Btcdeybodi]

I have never use telegram p2p before but I heard that its works very well, I want to ask if anyone is using telegram p2p and how is the experience? No room for cheaters?

Telegram is a home of scammers so i wonder if they will be trusted in performing p2p transactions. If you want to perform p2p transactions just make use of the reputable and famous Centralized exchanges, i don't think they have many problems on their platform and you also need to be very vigilant to avoid being scammed. Before you release crypto to any merchant make sure that you have received the full amount in fiats.

[Cookdata]

I have not used Telegram P2P yet and I am completely unaware of its operation.

I do not expect decentralized P2P, because it will be difficult to control fraud. Despite being centralized, we sometimes face fraud or scams. Using Dex for P2P requires you to completely trust the second party unless you know the second party personally. If you exchange with a stranger via P2P, there is a possibility of fraud for you. It would not be unusual for someone to refuse to send crypto after sending fiat.

However, developers can adopt the "automatic deduction" strategy. In this case, there will be some complications, you will be unable to transfer money directly to your local digital wallet or bank. If you want to withdraw money to a local wallet, you will have to rely on a third party, maybe there is no other way.

Anything that is sponsored on Telegram channels are no for me. The scams are inevitable, if you are not avoiding it from p2p exchange bot, you are going to get a dm from people. It's a message platform, it's not designed to function fully as p2p, there is always a middle barrier which is the bot. This is coded by one person, the code are not open source, I'm not even sure if there is anyone on Github and how are we not sure there is no back door on the bot.

If there is only one I will recommend is Bisq, they are open source, you can check their codes and review them, it's available for phone and also for PC. The only challenge with Bisq is liquidity, you may find less traders from your region and your rate might be low compared to centralized exchanges. Some merchants feels like they are taking extra risk for using the exchange which is why you do see rate that are not the same with centralized exchanges but it's better when you have your privacy.

[HONDACD125]

It's quite an observation to me that such exchange isn't going be fully decentlized with that submissions of personal contacts required before accessing network or platform. And there's linkage from the exposure of privacy that comprises the decentralized protocol.

It's generally not possible for someone to have complete privacy and anonymity if they are trying to sell their crypto against fiat currencies, because in that case, you will definitely have to provide the buyer with your personal information, specifically an account number, which will also show the name when the person sends the funds, to receive the funds. So, if someone is willing to do P2P, they will have to understand that they will have to share at least some information in order to do it successfully. However, there are platforms that don't ask you for KYC specifically before you can do the trades, like Bisq, for example, but as I mentioned, you will still need to share some information with the buyer.

Most people these days use P2P services from centralized exchanges, such as Binance, because they are very convenient with the process. The chances of you getting scammed in those platforms are very tiny as long as you are careful yourself and don't allow scammers to get the best of you. When doing P2P trades, it's very important to always double-check that you have actually received the funds before you release the assets only by looking at the receipt sent by the buyers.