Are you looking for a Bitcoin trading platform with more flexible payment options than that offered by regular exchanges? Do you wish to buy bitcoins using your Paytm wallet or Amazon gift cards? Well, you can do that now with the amazing Shiftal P2P exchange platform.
What is Shfital P2P Exchange?
Shiftal is a cryptocurrency exchange that, same as traditional exchanges, helps people buy and sell Bitcoins by matching buy and sell orders through a predefined method. But, unlike traditional exchanges where the platform or middlemen have a direct role in the execution of trades, Shiftal lets potential buyers and sellers connect and trade directly with each other, thus minimizing the role of middlemen and increasing security and privacy in transactions.
However, the biggest benefit of the Shiftal P2P bitcoin exchange is not the increased security or privacy, but it’s the increased flexibility in Bitcoin payments. You’ll learn more about it further in the article.
How is Shiftal Bitcoin Exchange different from a regular crypto exchange?
Well, the major difference between a regular/traditional crypto exchange and the Shiftal P2P crypto exchange is the way trades are executed.
A traditional exchange executes the trade on its own after matching buy-sell orders on behalf of users. Buyers and sellers don’t actually get to see what goes behind the curtains. The platform then pays the seller after deducting its fee/commission and the purchased coins are credited to the buyer’s account.
A P2P exchange instead allows buyers and sellers to trade directly. Shiftal, for instance, allows buyers/sellers to choose from available trade ads or create their own ad and then connect directly with a prospect. This ensures that buyer and seller can talk and trade directly in a totally private and secure manner.
At the same time, the platform allows users to buy Bitcoin using as many as 70 payment options, including popular methods such as Paytm wallet, UPI, Google Pay, Amazon gift cards, and more.
While traditional exchanges only give you fixed & limited payment options including credit cards and cryptocurrencies, Shiftal gives you the flexibility to buy bitcoin with the lowest fees using your favorite options such as digital wallets, UPI, NEFT and many more.
If you are wondering what is the benefit of having so many payment options to buy Bitcoin on Shiftal, let me explain this with an example:
Suppose that you have money in your Paytm wallet. Now, the app charges a sweet 5% commission if you want to send this money to your bank account. That’s 5rs for every 100rs you send to your account. If you do not wish to pay this commission, the only option you have is to use the money directly from your Paytm Wallet. But, there are only so many ways you can spend the money available in your Paytm Wallet, especially for something good.
Buying Bitcoin is good. And, with Shiftal allowing you to buy Bitcoin with Paytm, you can put your Paytm wallet funds to really good use without having to compromise on commission.
1000rs invested in Bitcoin today can give you as much as double returns in less than a year, considering the past return trends.
Paytm Wallet isn’t the only option for payment on Shiftal. Do you have money lying around in your Amazon wallet that you don’t know where to use? Use it on Shiftal to buy Bitcoins.
All trades on Shiftal are peer-to-peer and the buyer is required to pay directly to the seller’s bank account, wallet, etc., which means the exchange will never ask for your card details, wallet details or bank account number.
Also, the Shiftal platform charges no fee from the users who trade without creating a new Trade Advertisement. “Users who create advertisements are charged a 1% fee for every completed trade.”
Overall, Shiftal makes the Bitcoin buying process much more flexible and efficient by integrating the P2P mechanism and providing users with 70+ options to pay for their trades. Find out more, or start trading at www.shiftal.com
Originally published at https://medium.com/