BQT is a new innovative, secure, interactive and easy-to-use trading interface which allows traders to acquire crypto assets from other trading peers within a short period of time by escrowing their own crypto assets as a form of collateral within the period of the acquisition while still maintaining ownership of their own escrowed assets.
The company BQT Technologies, LTD just recently made an announcement about their upcoming beta release of BQT Crypto Exchange Platform which will be a peer-to-peer social and interactive exchange with a capacity of innovative hedge trading. This amazing concept of BQT is in tandem with the idea of decentralization and Cryptocurrency community thereby taking us back to the funding principles of blockchain and crypto assets trading.
The team of the project have a thought of creating a platform which will be able to fulfill the demands of traders to obtain more crypto assets through social interactions and peer-to-peer negotiations among traders.
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 is beyond an ordinary exchange platform that we are all accustomed to, the aim of the project is to build a community of global traders and create a true culture among traders that can learn from each other and share experiences with each other. The team will release the Hedge Trading platform globally but they will first restrict their operations in US and other jurisdiction until they are able to meet the requirements of regulations.
One feature that is lacking on the current exchange, regardless of its types, is the hedging feature. In the traditional stock markets, hedging is described as a way to protect their funds, which is very important especially for traders who don’t want to lose too much money. Stop loss (which is not available on every exchange) is still not enough. But, the future of reliable P2P platform for trading might be not that far, because BQT is there.
All the current crypto exchange platforms don't have the service of hedging. Hedge is term as a way of protecting funds in traditional stock exchange and it is a very important part of trading experience especially for traders who don't want to lose much money. Stop loss which is available in only few Crypto exchange is still not enough but an innovative P2P exchange will go a long way in helping all traders to enjoy their trading experience and this will come to reality very soon with BQT.
In this exchange platform, all traders will be able to request other Crypto assets from another traders using the platform utility token as an escrow. After that, they will now be able to negotiate the deal and after this, the hedge receiver will be able to choose the offer independently. And after the period of the hedge, the receiver of the hedge will now chose to pay back the crypto with the assets that has been added or release the escrow for his partner.
This project is amazing and it will change everyone's experience when it comes to crypto trading, this is just a summary of the project but I advise my readers to go through any of the links below for more information about the project:
https://bqt.io/assets/pdf/whitepaper.pdf
Author's Details
Bitcointalk Username: Soundrum
Bitcointalk Profile Link : https://bitcointalk.org/index.php?action=profile;u=2350729
