The crypto-exchange P2PB2B registered in Estonia shows significant growth in recent months. The exchange was created in January 2018, just on the rise of the market, but by its very name it immediately showed that it was not focused on the mass individual user, but on business. Headquarters is situated in Switzerland.
Big hopes for crypto in small countries
Against the background of the hype and the obsession of individual investors with the activities of the Binance, Huobi and other exchanges with their IEO format and lotteries – the quiet operation in the B2B segment does not seem impressive. According to CMC rating P2PB2B ranks 17th place adjusted (22nd reported) on a daily turnover.
The stock exchange actively adds new pairs to the list, today there are already 168. There are even some exotic coins.
P2PB2B is a clear confirmation of the phenomenon that observers have recently noted on the crypto market: platforms from small countries take the lead. The situation has changed after regulation in previously leading countries, such as Japan and Korea, became tightened after a series of hacking scandals. Experts predict that in developed countries authorities will continue to attack crypto – so it will migrate to small states. Given the global nature of cryptoindustry, even the insignificance of the domestic markets of small countries will not be an obstacle to the development of powerful platforms. Researchers from Belarus, where crypto is also booming, take Estonia to the first place in 23 markets, where crypto is now developing at a rapid pace. The Estonian government has passed special amendments to the law on money laundering and the financing of terrorism. This simplifies the maintenance of the crypto business. In Estonia, it is also very easy to go through all the administrative procedures for starting a business, thanks to the total digitalization of the state and society.
Functionality
As for the functionality, the P2PB2B exchange offers a modern user-friendly interface. Once updated site – i.e. components are loaded once, additional content is loaded as needed.
The exchange trades in both crypto pairs and crypto / fiat. Low commissions are established (0% for crypt and 4% for Fiat (USD))
24×7 support is available in 8 languages: English, Chinese (Mandarin), Japanese, Russian, Indonesian, Spanish, German, Korean. Markets are covered accordingly (Alexa.com data)
The referral program of the exchange offers a 50% discount per 10 referrals.
In addition, there are separate programs for some tokens.
The platform supports 10 K transactions per second and 1 M TCP connections (Transmission Control Protocol). More than 95% of currencies are stored in cold wallets. Moreover, the exchange has a number of modern tools for protection against hacking and attacks. Web Application Firewall (WAF) is used. As well as two-factor authentication (2FA) via Google Authenticator. An open, secure API blocks an IP address if it sends more than 5 requests per second – this protects against DDoS attacks.
Observers from the cointelligence.com cryptoindustry investigations portal noted that concerns for this exchange include a team that is not public, and a lack of insurance in the case of a hack.
Conclusions
P2PB2B has a solid technical base, modern features in the interface and functionality, constantly expanding the list of traded pairs, provides a referral program. These opportunities attract attention of not only business, but also individual users.
Judging by the presence of a section Tokensale, which is still empty, the work in this direction is also being done. According to some data, the exchange already has its own token, which is likely to be used in IEOs.
