P2P is a decentralized network protocol that enables two individuals to connect and trade directly with each other, without the need for an intermediary.
Binance is a world-renowned cryptocurrency exchange that allows users to buy and sell digital assets using fiat currencies or cryptocurrencies.
NOTE: No, P2P is not a Binance. P2P is a Peer-to-Peer (P2P) network, which is a decentralized system of computers that connect directly to each other instead of going through any central server. Binance is a cryptocurrency exchange platform, where users can trade cryptocurrencies and digital assets. P2P and Binance are two entirely different systems and should not be confused.
So, is P2P a Binance? The short answer is no. P2P is a decentralized network protocol while Binance is a centralized cryptocurrency exchange.
While both enable users to trade digital assets, they differ in terms of how they operate. P2P relies on a peer-to-peer network while Binance has a centralized server.