BQT - A Regulation Compliant- Exchange with Impeccable Security and Risk Management Policies to Execute Trades
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.
The growth of blockchain platforms all replicates attributes of transparency, network cohesion, decentralized, security etc and this trend has created a level of consolidation basics for achieving optimal efficiency, BQT exercises an ideology that seeks to make sure that all transactions within its purview via the internet is secured and unaltered, the growth and acceptability of blockchain over the world will imply more level of explorations of blockchain and it decentralized opportunities services, with BQT targets in view there is need and conscious efforts to meet a level of identity based system that can help KYC (know your customer) and AML services.
BQT blockchain trading platform (ecosystem) with a design perspective replicates all that there is to be in blockchain, the underlying structure gives the network a unique ability to enable dynamism and efficiency in transaction, decrease cost, eschew scalability and low technical errors. Within the BQT ecosystem are application services, application protocol, application components that work in work together to offer BQT unique services.
BQT aims to push for the widespread adoption of cryptocurrencies. This intends to achieve, by making it possible for potential users to own cryptocurrency without hassle and for users to exchange their crptocurrency. BQT would eliminate intermediaries from the value chain....which will go a long way in cutting transaction cost for users on the BQT exchange. BQT seeks to bridge the gap between the real world and cryptocurrency. It mobile app would bring sellers and buyers under one roof exchange market and will facilitates payments on the ecosystem using the BQT cryptocurrency.
Also, The BQT wallet will provide some innovative tools that will facilitates payments and help users in making informed decisions as regards what to buy and at what price etc. It would utilize some set of smart contracts on blockchain to regulate the business relationship between users on the platform. It will ensures confidentiality and protection for Traders. 2FA configuration is a required setting for every Trader Profile.
BQT INITIAL COIN OFFERING (ICO):
BQT is launching its Initial Coin Offering (ICO) campaign in July, 2018 issuing 200,000,000 ERC20 tokens (BQTX), minted at the end of an ICO.
BQT would charge 1% transaction fee for the instant trades and 3% escrow fee for Hedge Trades. All fees are payable ONLY with BQTX tokens to ensure the liquidity and utilization for the tokens. In addition, the BQTX tokens can be used as escrow collateral for some trades or added as additional collateral.
50% of the Fees would be shared quarterly during the first 3 years of Exchange operations as follows:
• 20% to ICO Initial Token Holders
• 15% to Top Traders
• 15% to Referral Affiliate Partners
BQTX-TOKEN STRUCTURE
· 200,000,000 BQTX TOKENS WILL BE ISSUED DURING ICO *
· 800 BQTX TOKENS = 1 ETH
· Total 800,000,000 Tokens Authorized, 200,000,000 Tokens Issued during ICO, 600,000,000 tokens will be frozen and would only be released as needed for company expansion, mar-keting and loyalty programs to maintain token liquidity (up to 10% per year).
Assigned for ICO and Private Sale. Organization will burn unsold tokens and utilize 30% of its trade charges on repurchase program to quarterly obtain BQTX tokens from recorded trades and consume those re-bought tokens.
Most continues from the deal will be apportioned for Marketing and Expansion purposes and 20% of continues will be assigned to finish the testing and arrival of Beta and future renditions of BQT innovation.
for more information :
Website: https://bqt.io/
Whitepaper: https://bqt.io/assets/pdf/whitepaper.pdf
Twitter: https://twitter.com/bqt_ico
Telegram: https://t.me/BQTCommunity
ANN thread: https://bitcointalk.org/index.php?topic=4855053
K.Tumpa
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