PolkaBridge Decentralized P2P Exchange Mainnet Launch

3 min readApr 6, 2023

Are you tired of relying on centralized marketplaces that dictate the terms and conditions of your transactions? Look no further than PolkaBridge, the new decentralized peer-to-peer marketplace that prioritizes user autonomy and security. With its innovative blockchain technology, PolkaBridge eliminates middlemen and empowers buyers and sellers to engage in direct exchanges with one another. The highly anticipated launch is set to revolutionize the way we buy and sell goods online — so don’t miss out on this game-changing opportunity!

Trade coins with your FIATs currency at https://p2p.polkabridge.org/

After an extensive trial and error process ran on multiple testnets over a period of almost an year, PolkaBridge has finally launched its long awaited decentralized P2P marketplace on 03 April. Initially, it has been launched on the Ethereum and the Binance Smart Chain (BSC) blockchains and offers support for PBR (Ethereum & BSC), USDT (Ethereum & BSC), ETH, USDC, DAI, BNB and BUSD. We also offer an initial support for over 40 FIAT currencies too.

First Ever DeFi Component

This PolkaBridge decentralized P2P marketplace marks the launch of the first ever such platform in the decentralized finance (DeFi) ecosystem. There have been other DeFi primitives for stablecoins, lending/borrowing, automated market makers (AMM), other decentralized exchanges for crypto exchange, liquidity mining, token launch platforms etc. But there hasn’t been any decentralized P2P marketplace yet.

A Global Non-KYC Platform

PolkaBridge P2P marketplace is a global smart contract powered platform, which allows users to securely and safely crypto to FIAT and vice versa. It requires no know your customer (KYC) process, which means that it operates without disclosing the user’s identity. This is possible because the platform is decentralized and works without third parties and intermediaries.

International Currencies

PolkaBridge decentralized P2P marketplace supports a long list of international FIAT currencies, which are most recognized and widely used as a medium of exchange. So far, we have tried to focus on currencies from developing countries, which are likely candidates for crypto adoption.

Multiple Payment Modes

There are multiple payment modes to choose from to settle off-chain transactions. We offer a mix of bank transfers, Paypal, Western Union, in person cash, Google Pay etc. to name a few. This allows our users to have plethora of diverse services available to complete their P2P exchanges without becoming dependent on a single source.

Dispute Resolution

Our platform comes with 24/7 dispute resolution services. We hold the funds in escrow in smart contracts, until both parties confirm that the transaction has been settled and funds should be released. We safeguard against risk of theft, loss and non-settlemetn of the transaction. There is a leaderboard available also, where active and high volume traders can be identified over a given period of time.

Secure & Seamless

PolkaBridge decentralized P2P marketplace features an eye catching, simplistic and interactive UI to allow users to trade without hassle and complexity. We have limited the design to the most essential steps and users are unlikely to face any difficulty in executing trades. Plus, our specially designed smart contracts ensures that the whole procedure is secure and operates anonymously without a third party.

And that’s just the beginning. Now, that the PolkaBridge decentralized P2P marketplace has launched. We will work to integrate more blockchains, more crypto assets, more FIAT currency support and more payment modes to enhance the platform. In the coming days, we will also be discussing significant new features to polish the platform further and new initiatives to educate our community/incenticize platform users. Stay tuned and good luck trading!

About PolkaBridge✨

PolkaBridge is a decentralized all-in-one financial application platform. The PolkaBridge ecosystem includes Multi-Chain & Cross-Chain AMM, Farming, Staking, Lending, Launchpad, P2P Exchange, INO NFT, and more. All products will be developed with Polkadot in the center.

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The first decentralized bridge between Polkadot platform and other blockchains