BQT Technologies, LTD has announced the launch of a P2P decentralized trading platform that will allow direct negotiations between crypto traders for short-term hedging.
BQT 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.
While many Blockchain experts are trying to find more ways to marry CRYPTO with FIAT, BQT’s concept is to reduce dependency on FIAT altogether. Every Crypto Asset has its value and can be used as a negotiating tool to acquire another Crypto Asset. The objective is to create a self-sustaining internal market and dynamic community, where the Demand for the acquisition of Crypto Assets is met with significant Supply of various Crypto asset holdings, negotiated and exchanged directly by Peer Traders.
Hubs of similar financial instruments such as investment platforms, short-term trading platforms, binary options, Forex, even online betting operators can capitalize on their existing customer base by introducing them to crypto hedge trading via BQT. The 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.
BQT plans to utilize its native token, BQTX, as the main coin for the platform. All fees are payable ONLY with BQTX tokens to ensure the liquidity and utilization for the tokens. The BQTX tokens can also be used as escrow collateral for some trades or added as additional collateral.
Edward W. Mandel, co-founder, and CEO of BQT, said:
As the trade in cryptocurrencies progressed, the traders’ just demand for greater flexibility in creating transactions, as well as for interaction and information-sharing among traders, increased. We have set an objective to take advantage of the platform and build a community and culture of sharing and help, from experience accumulated by each participant in the system.