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Laxman Pai, Opalesque Asia: BQT Technologies (BQT) has launched a P2P decentralized trading platform allowing for direct negotiations between crypto traders for short-term hedging.
BQT, which stands for "better, quick, and transparent", is the first decentralized P2P crypto hedge trading platform and community where the demand for an acquisition of crypto assets can be fulfilled with significant supply and negotiated directly among peer traders, said a press release from the company.
The BQT platform also allows traders globally to negotiate their crypto asset trades directly interacting with each other and sharing their experience with the community.
The company noted its platform was designed in a way that makes it easy to use for those new to trading, and each user of the exchange will be able to open an offer to buy or sell crypto assets and conduct direct negotiations.
"To leverage holdings of various crypto assets, BQT introducing the revolutionary hedge trades system. Unlike margins and futures trading, BQT hedge trade system is a flexible method for traders of acquiring crypto assets for a short-term period by means of escrow of their existing crypto holdings," said the statement.
According to the Cambridge Center, the current number of unique active users of cryptocurrency wallets is estimated to be between 2.9 million in 2013 and up to 5.8 million today.
As a result of the interest, in 2017 alone, 175 crypto-hedge funds were established...................... To view our full article Click here
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