BQT ICO Review

BQT is A 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 Technologies, LTD. has recently announced the upcoming closed-Beta release of the BQT Crypto Exchange — 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.

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. And 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 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 the United States and some other jurisdiction until proper compliance is met.

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 has chosen to focus its attention on secure P2P Hedge exchange model — allowing savvy crypto traders to interact with each other directly.

Peer-to-peer for the Future

The rising trends of peer-to-peer trading can be interpreted as a general indicator that people still love to trade directly with other users. In fact, there are some important benefits if they trade directly with their peers, such as the options to buy or sell some coins or barter their coins directly without any fees. They can negotiate the price, directly discuss with their peers if they wanted to make a deal, to the point that they can trade with their own rules, and so on.

P2P trading has many benefits, such as expanding your social connections to know other traders in person directly. Rate and share your experience in trading with them, build your own portfolio and share your trading experience with other people directly in order to gain more knowledge and trading abilities. Its provide flexibility, in extreme, every trading that you make with your partner can have its own rules, which is impossible to happen in the centralized exchange.

However, the future of a reliable P2P exchange where people can trade as enjoyable as the centralized exchange is yet to come. There is still a lot of problems that need to be solved, from security issues to customer support services. Before all of those problems are solved, the future where P2P trading dominate the cryptocurrency exchange business is yet to come.

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.

A preview of BQT platform. Taken from BQT Whitepaper.

One of the most important features that will be implemented in BQT is the option to hedge your crypto assets, directly from your peers. Not only that, BQT will try to provide a trading environment where helping each other and gains benefits from and for the community is the core values. To put it in short, by using the BQT platform, you can help or make profits directly with your peers.

How BQT Hedge trading operates is explained in detail on BQT whitepaper on page 21. I won’t repeat what’s written here, so I suggest you read it directly. To put it in short, every trader can ask for other crypto assets from other traders, using BQT as the escrow. Other traders can negotiate the offers and finally, the hedge receiver can choose the offers independently. After the end of the hedge period, the hedge receiver can choose to pay back the crypto with the added assets or release the escrow for the partners.

BQT Platform in a nutshell. Taken from BQT Whitepaper.

This will be the first trading platform which offers you direct opportunity to do this. The potential for BQT to be the main trading tools and platform for P2P trading is crystal clear.

ROADMAP

Website: https://bqt.io/
Whitepaper:https://bqt.io/assets/pdf/whitepaper.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=4855053.msg44205944#msg44205944
Facebook : https://www.facebook.com/BQTPROJECT/
Medium : https://medium.com/@BQT
Twitter: https://twitter.com/bqt_ico
Telegram: https://t.me/BQTCommunity

Author : Vaniayoanda
Profil : https://bitcointalk.org/index.php?action=profile;u=2347427
Eth : 0xB85d087c31072ecb5D52AE1b2cBFEa1A2bd65270