THELOGICALINDIAN - The worlds aboriginal noncustodial OTC trading board for Bitcoin has been launched byP2P cryptocurrency barter HodlHodl
First Non-Custodian OTC Bitcoin Trading Desk
Hodl Hodl, the peer-to-peer cryptocurrency barter that doesn’t authority users’ funds, has launched an OTC (over-the-counter) trading belvedere in affiliation with a accountant European agent Tenbagger.
The closing is an EU adapted belvedere accountant in Estonia as a Virtual bill barter service. It will be “match and guide” counter-parties, enabling to buy and advertise bitcoin (BTC) [coin _price] at “competitive” rates.
What’s more, Hodl Hodl becomes the world’s aboriginal OTC belvedere accouterment non-custodial escrow casework for trading bitcoin.
“There has been a active OTC Bitcoin trading bazaar operating in alongside to the absolute exchanges, but none of them are alms non-custodial escrow casework for cryptocurrencies which would annihilate the accident of accident funds,” the aggregation explained.
By application the Bitcoin blockchain, the OTC escrow account will run on the best defended cryptocurrency arrangement in the world. In added words, this new account not alone removes aegis and counterparty accident but additionally leverages the Bitcoin arrangement that has been active 24/7 with 99.98% uptime over the accomplished decade.
Why OTC?
The afterward allowances are provided back custodians and added middlemen are removed from the equation. For one, affairs are added defended back this is all done on the Bitcoin blockchain in P2P fashion.
Second, over-the-counter trades do not anon affect BTC atom amount clashing back trading on exchanges. Trades are acclimatized the aforementioned day and the belvedere provides 24/7 abutment and promises a “private” trading experience.
Hodl Hodl adds that this new account will not affect their Bitcoin and Litecoin exchange, launched beforehand this year, actual the only non-KYC/AML non-custodial P2P belvedere area any bulk of bread can be traded.
In August, Bitcoinist interviewed the CEO and CTO of Hodl Hodl, the organizers of the accepted Bitcoin-centric Baltic Honeybadger conference.
Will you try the new OTC trading board or will you stick to approved exchanges? Share your comments below!
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