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by FTB News Desk

Ethfinex Trustless Launches Decentralised Over-The-Counter Service

Crypto Currencies

Ethfinex Trustless Launches Decentralised Over-The-Counter Service

June 4, 20195 min

Ethfinex Trustless, the largest hybrid decentralised cryptocurrency exchange, is proud to launch a blockchain enforced Over-the-Counter (OTC) service in an industry first. Over-the-counter (OTC) trading desks are widespread in cryptocurrency markets, facilitating large trades between parties so as to prevent the wider market from being affected by the price fluctuation. Traditionally this incurs high costs to participants and trust in an escrow. Ethfinex Trustless OTC revolutionises this model by using the blockchain to enforce the...

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