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meanwhile Chia Network has launched a new capability called Offers, a native peer-to-peer exchange capability. No counterparty risk. No middleman custodian. No additional fees.
Offers allow “Makers” and “Takers” – buyers and sellers – to seamlessly create and accept trade offers all from the privacy of their Chia wallet. Offers allow two people who have never met to propose and complete a trade in a way that neither side can cheat and does not need escrow. This also empowers users to self-custody while making trades, meaning buyers and sellers retain control of their private keys and coins without counterparty risk, middleman custodians, and trading fees. By contrast, centralized exchanges require users to transfer digital assets to an exchange account, creating a potential security risk.