Pay: FKwallet Multi-currency electronic wallet

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2025: Automated P2P Exchange Launch

The FKwallet payment service on April 28, 2025 announced the launch of an updated P2P mechanics: now exchanges can take place directly between FKwallet wallets, without the need to use third-party services or bank transfers.

As part of the update, the classic structure of a P2P deal is preserved: one user places a quotation for a purchase or sale, the second responds to it. However, further the process is fully automated: the funds are credited to the account immediately after the adoption of the terms of the transaction, without manual actions by the participants.

We set the task to make P2P exchange as fast and reliable as a regular internal transaction. This mechanism eliminates delays, human factors and third-party risks. The deal is being carried out inside FKwallet between users' wallets, and this gives maximum transparency and control, "commented Vitaly Lavrov, FKwallet Development Director.

Key features of the updated P2P exchange:

• Instant execution of transactions - exchange takes place immediately after agreement of terms and conditions
• Process automation - no need for manual confirmations, transactions are closed by the system
• No external transfers - funds move strictly between FKwallet wallets
• Reliability and control - no risk of errors, delays or disputes

According to company representatives, this approach to P2P exchanges is especially relevant for users who actively work with cryptocurrencies, arbitrate or carry out regular exchanges between digital and fiat assets. Transaction automation greatly simplifies the process and allows you to concentrate on the essence of the exchange, and not on technical details.

We see a big demand for fast and secure tools to work with cryptocurrencies and fiat. Automated P2P exchange is a logical step in the development of FKwallet as a full-fledged ecosystem for financial management. We will continue to develop the service by adding features that really simplify the lives of users, "added Vitaly Lavrov.