Peer-to-Peer vs Exchange – What’s Better for Fiat Conversion?

[girisdady]

Is it better to use a P2P platform or a centralized exchange when converting crypto to fiat? What are the pros and cons of each?

[millekentk]

P2P can offer better rates but carries more risk. A cryptocurrency exchange is more secure, especially for beginners, and provides better fraud protection. Most people prefer exchanges for reliability, even if the rate is slightly lower. Just compare fees and always verify the platform's credibility.