BlockPeer Exchange
P2P Crypto Exchange
Project Overview
BlockPeer Exchange is a secure and scalable peer-to-peer (P2P) crypto trading platform that allows users to buy and sell cryptocurrencies directly with each other using local payment methods. The platform eliminates intermediaries by integrating an escrow-based smart contract system, ensuring safe and trustless transactions.
Technologies Used
Backend: Node.js, Express.jsFrontend: React.js, Next.jsBlockchain: Ethereum / Binance Smart ChainSmart Contracts: SolidityDatabase: MongoDBReal-time Engine: WebSocketsSecurity: Multi-layer escrow, 2FA, KYC APIsCloud: AWS / Firebase
Key Features
- Escrow Protection System - Funds are locked in smart contracts until both buyer and seller confirm the transaction
- In-App Chat System - Real-time chat between buyers and sellers for smooth deal coordination
- Multiple Payment Methods - Supports bank transfer, UPI, PayPal, and local payment options
- Instant Trade Matching - Smart order matching for fast P2P transactions
- Dispute Resolution Mechanism - Admin-based arbitration system to resolve conflicts
- User Verification (KYC/AML) - Ensures compliance and prevents fraudulent activities
- Reputation & Rating System - Users build trust through ratings and completed trades
- Multi-Currency Wallet Support - Supports BTC, ETH, USDT, and other tokens
Project Impact
- Enabled secure fiat-to-crypto onboarding for users in regions with limited exchange access
- Increased user trust through escrow and reputation systems
- Reduced dependency on centralized exchanges
- Achieved high user retention due to seamless UX and fast settlements
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