BQT - SOCIAL P2P CRYPTO EXCHANGE AND HEDGE TRADING PLATFORM
The BQT P2P Platform utilizes secure and decentralized benefits of blockchain while delivering flexible functionality for traders worldwide. As our product offerings grow, so will the liquidity and hedging opportunities for crypto traders.
The aim of BQT is to build a community and culture of Crypto Traders utilizing the Platform, helping the community and benefiting from the community.
While many Blockchain experts are trying to find more ways to marry CRYPTO with FIAT, BQT Team believes in reducing dependency on FIAT altogether. Every Crypto Asset has its value and can be used as negotiating tool to acquire another Crypto Asset. We believe that Demand for desired acquisition of Crypto Assets can be fulfilled with significant Supply of various Crypto asset holdings and negotiated directly by trader peers. In addition, we believe market now demands for ability to hedge crypto assets for a short period of time to acquire other Crypto holdings.
While it is difficult to implement margin trades and options in the true P2P environment, BQT Team developed innovative and yet more powerful tool to allow traders generate short term Hedge Trades.
BQT Exchange Platform provides secure, interactive and flexible P2P Trading Environment and user-friendly interface for its community to manage various types of transactions consisting of many crypto assets.
BQT platform allows traders globally to negotiate their Crypto Asset trades directly interacting with each other and sharing their experience with the community. To leverage holdings of various Crypto Assets, BQT introducing the revolutionary Hedge Trades system. Unlike Margins and Futures Trading, BQT Hedge Trade system is a flexible method for Traders of acquiring Crypto Assets for a short-term period by means of escrow of their existing Crypto holdings.
The aim of BQT is to build a community and culture of crypto traders utilizing our the Platform, helping the community and benefiting from the community. Therefore BQT provides secure, interactive and flexible P2P Trading Environment and user-friendly interface for its community to manage various types of transactions consisting of many crypto assets. BQT platform allows traders globally to negotiate their Crypto Asset trades directly interacting with each other and sharing their experience with the community. To leverage holdings of various Crypto Assets, BQT introduces the Hedge Trades system. Unlike Margins and Futures Trading, BQT Hedge Trade system is a flexible method for Traders of acquiring Crypto Assets for a short-term period by means of escrow of their existing Crypto holdings.
Here is an example
Trader A (Hedge Receiver) carries a BTC holding and posts an offer on the BQT P2P exchange providing his BTC into BQT Escrow with a 20% premium. He then invites other traders holding ETH to receive his BTC Escrow as collateral for 30 days while allowing him to use their ETH for that period.
Trader B (Hedge Provider) could respond to the offer and negotiate the terms by requesting a higher premium and/or shorter term. Trader C (another Hedge Provider) may also reply but with a different offer, negotiating better terms for the Hedge Receiver.
This is the math for the potential trade
Trader A would offer 1 BTC (valued $10,000/USD) with a 20% premium (1.2 BTC / $12,000) into BQT Escrow inviting other traders to transfer $10,000 value in ETH (20 ETH / valued $500 USD per ETH) for 30 days.
Trader B asks for 1.25 BTC (25% premium) and 20 days while Trader C comes back with better terms of 1.22 BTC and a 30-day trade period.
Trader A agrees to Trader C’s offer and initiates the BQT™ Escrow. He receives 20 ETH from Trader C.
Escrow is securely stored with BQT as the escrow agent and Trader C can feel secure about his trade collateral. He is also in positive territory from the 22% premium received from executing the hedge trade.
At the end of the hedge trade’s 30 days, Trader A (Hedge Receiver) would have the first option to either transfer back to Trader C (Hedge Provider) 20 ETH with 22% premium (24.4 ETH) or release the escrow.
Note that Trader A has the first option because he put up the 22% premium risk to initiate the hedge trade but at the end, he might benefit due to a significant increase in the crypto currency (BTC or ETH) value and choose to return to the one incurring the most benefits for him.
Now, if the price of ETH doubled to $1000/ETH, Trader A may choose to release BTC Escrow with premium to Trader C, while retaining his $20,000 ETH Holding to undergo an upside profit. In other words, while the hedge provider gains secure premium on the first day of the hedge trade, the hedge receiver is betting on an upside increase of value leveraged from either crypto asset.
This revolutionary approach allows Crypto Traders leverage their Crypto Holdings to acquire significant number of additional Crypto Assets they believe in without a need of a traditional margin trade.
BQT SYSTEM WORK-FLOW
BQT P2P Platform utilizes secure and decentralized benefits of the Blockchain delivering flexible functionality for Traders world-wide.
Every module and database is programmed using various methods of encryption and ensures confidentiality and protection for Traders. 2FA configuration is a required setting for every Trader Profile.
BQTX TOKEN STRUCTURE AND ICO BONUSES
BQTX TOKENS ISSUED - 800,000,000
800 BQTX TOKENS = 1 ETH
Due to the high utilization expectations and the need for expansion capital, the Company will freeze the majority of the tokens (600,000,000) and only release up to 10% per year if necessary for company expansion, Marketing and Loyalty Programs to maintain token liquidity.
Company Management and Founders will reserve 20% of the tokens with 3 years time based lock-up provisions. The Company will reserve 28% of tokens only if there is a need for additional expansion capital during the first year of operation. Those unused tokens will be frozen otherwise. 2% of Tokens will be allocated for Advisors and Bounty programs.
BUDGET ALLOCATION
Technology — 45%
Marketing / Expansion — 35%
Operations — 12%
Other — 8%
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
Author: yunita
My profile: https://bitcointalk.org/index.php?action=profile;u=939755
ETH address: 0x79ab31AD412f95e8DA691F066f27d0Bc2736aCDC
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