Peer-to-Peer Transfers

Definition ∞ Peer-to-peer transfers are direct exchanges of assets or data between two parties without the need for a central intermediary. In the context of digital assets, this often involves transactions conducted directly on a blockchain network or through decentralized platforms. These transfers aim to reduce transaction costs, increase speed, and provide greater user control over assets.
Context ∞ Peer-to-peer transfers are a fundamental characteristic of many cryptocurrency transactions, enabling direct asset movement between wallets. Current discussions frequently highlight the use of peer-to-peer platforms for circumventing traditional financial systems or for facilitating cross-border payments. Key considerations involve transaction finality, network fees, and the security measures employed by individual users to protect their assets during direct transfers.