Bitcoin is a peer-to-peer platform, yet P2P platforms remain crucial for facilitating transactions. They connect buyers and sellers, making it easier to find trading partners and negotiate prices. These platforms also provide escrow services, ensuring the security of transactions by holding funds until both parties fulfill their obligations. By acting as a neutral party, P2P platforms help mitigate fraud risks, offering a safer and more streamlined trading experience compared to direct, unmediated transactions between strangers.