As many experts in the industry are looking for more easy way to combine Cryptocurrency with FIAT, the team of BQT exchange project have different view about this subject matter and their opinion is that there should be a drastic reduction in dependency on fiat currencies. They believed that the desired to aquired digital assets can be possible with notable supply of various Crypto assets which should be negotiated directly by traders in a peer-to-peer option.
Furthermore, they also believe that the market is ripe and it is longing for hedge service for Crypto assets within a short period of time to aquire other Crypto holdings. Though it seems not easy to made possible margin trades and options in a true peer-to-peer mode, the team of BQT have able to developed a sophisticated and powerful tools that will enable traders to generate short term Hedge Trades.
The aim of the exchange platform is very simple and achievable. This aim is to build a community and culture of Crypto Traders utilizing the Platform, helping the community and benefiting from the community.
BQT exchange platform will offers P2P trading environment that is fully secured, interactive, flexible and user-friendly. Traders will be able to manage different kinds of transactions consisting of many Crypto assets and gives all traders globally an opportunity to make negotiations about trading of their Crypto assets directly and also an opportunity for traders to interact and share trading experience with members of the community.
BQT will introduce their revolutionary Hedge Trade System which will be used to leverage holdings of Crypto Assets. Unlike margins and futures trading, hedge trade system of BQT is a more flexible option for traders to acquire crypto assets for short-term period by escrowing their existing Crypto holdings
This awesome approach will allow crypto traders to leverage their Crypto holdings in acquiring many numbers of Crypto Assets that they have believe in the project without having to resort to marginal trade.
BQT System Workflow
BQT P2P exchange trading platform make use of the secure and decentralized features of the innovative blockchain technology to deliver a flexible functionalities for global Crypto traders.
Every module and database of the exchange platform is fully encrypted thereby ensuring confidentiality and protection for its users. Also, 2FA will be a must for all traders in order to protect their accounts.
BQT ICO
The platform will charge 1% transaction fee for instant trade and 3% for escrow fee for Hedge trade. All these transactions fees can only be paid with BQT token thereby ensuring utility and liquidity for the token. Also the token can also serve the purpose of escrow collateral for some trades or being an additional collateral.50% of the transaction fees collected by the platform will be shared quarterly during the first three years of its operations. The sharing formula goes thus:
20% to ICO Initial Token Holders
15% to Top Traders
5% to Referral Affiliate Partners
ICO Details
Token BQTX
Price 1 BQTX = 0.028 USD
Bonus Available
Bounty Available
MVP/Prototype Available
Platform Ethereum
Accepting ETH
Minimum investment 200 BQT
Soft cap 2000000 USD
Hard cap 50000000 USD
Country UK
For more information about the project, check any of the links below:
https://www.bqt.io/
https://bqt.io/assets/pdf/whitepaper.pdf
https://t.me/BQTCommunity
Author's Details
Bitcointalk Username :Lake20
Bitcointalk Profile Link : https://bitcointalk.org/index.php?action=profile;u=2366050