BQT P2P Crypto Exchange Releases For Social And Short-Term Hedge Trading
BQT Technologies, LTD. has announced that it will soon release the closed-Beta release of the BQT™ Crypto Exchange.
BQT Crypto Exchange is a peer-to-peer (P2P) social and interactive exchange with innovative hedge trade capabilities. This unique method embraces the spirit of decentralization and community, eliciting the founding principles of blockchain and crypto assets trading.
P2P exchanges have shown a significant growth in popularity, with the widely used Localbitcoins witnessing continual volume spikes across various markets.
To leverage various crypto asset holdings, BQT has introduced the revolutionary Hedge Trade system. Unlike margins and futures trading, the BQT Hedge Trade system is a flexible method to acquire assets in short term through escrow of existing crypto holdings.
BQT To Reduce Dependency On Fiat
As many blockchain experts are trying to find additional ways to marry crypto with fiat, BQT team believes in reducing the dependency on fiat altogether. Many exchanges, including top ones on the leaderboard such as Binance already following such trend.
Every crypto asset has its own unique value and can be used as a negotiating tool to acquire another crypto asset. BQT team thinks the demand for the traders to obtain more crypto assets can be fulfilled through a significant supply of various crypto asset holdings through social interactions and direct negotiations by savvy trader peers.
BQT has chosen to focus its attention on secure P2P Hedge exchange model – allowing savvy crypto traders to interact with each other directly.
According to Edward W. Mandel, CEO of BQT, the market for P2P exchanges is growing rapidly and market of today's traders truly demands even more flexibility and much deeper social interaction.
BQT Exchange provides innovative trading approach allowing traders to hedge their crypto assets holdings to acquire crypto assets of other traders.
Secure, interactive and user-friendly interface enables traders to acquire crypto assets from other trader peers on a short-time basis providing escrow of their crypto assets as a security with certain period while still maintaining ownership of the escrow.
BQT is more than just an exchange; its aim is to build a community of traders and create a true culture of crypto traders that can learn from each other, rate their trades and share their experience.
BQT team is aimed to release Hedge Exchange globally but initially restricting access in United States and some other jurisdiction until proper compliance is met.