Zutopia is described as a peer-to-peer marketplace for trading Zucoins, rather than a traditional centralised cryptocurrency exchange.
This distinction is important because it explains why Zutopia does not hold user funds or Zucoins at any point during a trade.
How Zutopia Differs
A peer-to-peer, or P2P, marketplace is an online platform that connects people temporarily, allowing them to trade with each other. Zutopia never holds Zucoins or fiat currency, unlike a typical exchange that often holds user balances in its own accounts.
Trades are instead validated directly between peers, with Zutopia checking wallet holdings before and after each transaction rather than maintaining a central order book of held funds.