'Peer-to-peer' (P2P) exchanges are operated and maintained in a centralized manner by the owner of the exchange. Such P2P exchanges usually host the nodes within their infrastructure and facilitate easy buy-sell trade among its users. Ex: Binance, Kraken, Coinbase, CEX etc. In such centralised Peer-to-Peer exchanges, all the crypto is stored inside the master wallet. Whenever a trade happens, it's just a value change in the database of the exchange. Multiple wallets for traders are programatically created to represent the holdings of each user. When the need comes for the user to withdraw their holdings, the crypto gets transferred from the master wallet of the exchange address issued. The system does a 'SEND' of the requested crypto asset to the wallet address supplied by the trader. The respective value is instantly updated in the Database of the exchange to reflect accordingly. The cryptocurrency exchange script provided by Blockchain Scripts also has P2P trading features. Since the script is updated regularly, it incorporates all the innovative features every leading exchange has.

A hot wallet refers to a crypto wallet that is online and connected in some way to the Internet. It is a term associated with crypto tokens that are not being kept in cold storage.Exchanges that are able to pay out withdrawals instantly can be said to be paying them from a "hot wallet". The term can also be used loosely to refer to keeping bitcoins in an exchange where they can be withdrawn on demand. Crypto exchange software that employ a hot wallet need to be extra careful. Operating a "hot wallet" is also a risk to its owner, because most computer systems have hidden vulnerabilities of some sort that can eventually be used by hackers or malware to break into the system and steal the bitcoins.Keeping large amounts of bitcoins in a hot wallet is a fundamentally poor security practice. Most, if not all of the crypto losses incurred in all the known hackings in Bitcoin history can be attributed to funds kept in hot wallets.Exchange's built using Reputable bitcoin exchange script's like 'Blockchain Scripts',also offer API for cold storage transfer. Such exchanges that practise hot wallet storage, need a refined process for regular transfer of assets to cold wallets. The Cryptocurrency trading script provided by Blockchain Scripts offers an algorithm on demand to calculate and do such transfers based on the usage. This usage needs to be anticipated by the exchange owners before hand.

Yes. We can integrate any stable coin easily in this exchange Ex: Facebook Libra cryptocurrency, USDT, TUSD etc. Once Facebook Libra token is integrated we can pair it with other cryptocurrencies and tokens like BTC, ETH, TRX, XLM, XRP etc. We have experienced Facebook Libra blockchain developers who can integrate the Libra token using the new “Move” Blockchain programming language.

At Blockchain Scripts we have turn-key solutions for 4 different types of cryptocurrency exchange script:

1. Peer to Peer Exchange : As mentioned in the earlier question, we have a Centralised P2P Crypto exchange software. Using this powerful solution, you can start a Binance like Crypto exchange instantly. This software is free for Download here.
2. Over-the-counter Exchange : The next bitcoin exchange script we have in store is the OTC exchange script. Using this script, you can start a customised over the counter exchange within a few hours and go live. You can get this incredible solution here.
3. Decentralised exchange : If your plan is to start a decentralised exchange like Etherscan, we have the perfect clone script for that. Using the Decentralised Cryptocurrency trading script we have, you can start one today.
4. Local bitcoins exchange : If your aim is to start a local bitcoins clone, we have one ready. Using this hyperlocal Cryptocurrency Exchange software, you can run one effortlessly.

1. Less maintenance : Since the node in a Dex cryptocurrency exchange script is not run in the server, this is considered more secure. This also allows you to spend more time and money in maintaining the security of the exchange. On the other hand, you will have less control over the tokens and assets in a Dex exchange.
2. Less choice : If you plan on running an exchange using a dex Crypto exchange software, you have very less options. Most probably you will have only a selected few crypto assets you can support. Unless you run a cross chain atomic swap enabled exchange, you will have very less options. On the other hand a P2P exchange enables you to have as many coins and tokens you want listed.
3. No variety : The earning potential is limitless in a centralised P2P exchange. On the other hand, a dex Cryptocurrency trading script only offers smart contract based mining or gas fee earning.
4. Less cost : An exchange setup using a centralised bitcoin exchange script needs more infrastructure. Which means you need to spend more on servers as you grow. But a decentralised exchange runs smooth on even a small shared server, as a bulk of the resources required for execution is decentralized.