BQT Technologies, LTD (BQT) announced on Wednesday the launch of its P2P decentralized trading platform that will allow direct negotiations between crypto traders for short-term hedging. BQT, which notably stands are “better, quick, and transparent,” claims it is the first decentralized P2P crypto hedge trading platform and community where the demand for an acquisition of crypto assets may be fulfilled with significant supply and negotiated directly among peer traders.
“BQT Exchange Platform provides secure, interactive and flexible P2P Trading Environment and user-friendly interface for its community to manage various types of transactions consisting of many crypto assets.”
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.
“Traders and syndicates can join the community. 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.”
While sharing more details about the platform, Edward W. Mandel, Co-Founder, and CEO of BQT, stated:
“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.”
BQT went on to add it 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 tokens may also be used as escrow collateral for some trades or added as additional collateral.