Is bitcoin peer-to-peer?

The bitcoin network is a peer-to-peer payment network that operates on a cryptographic protocol. Users send and receive bitcoins, the units of currency, by broadcasting digitally signed messages to the network using bitcoin cryptocurrency wallet software .

All payments facilitated by Coinbase Commerce are fully decentralized and peer-to-peer . This means that the cryptocurrency goes directly from your crypto wallet to a wallet that is only accessible by the merchant.

The platform supports a wide range of cryptocurrencies, including Bitcoin, Binance Coin, Ethereum, EOS and Tether .

The process for selling bitcoin using a P2P platform is typically as follows: