Built on Ethereum, AirSwap is one of the first decentralized exchanges to gain public adoption as a peer-to-peer value transfer network.
On Aug. 15, AirSwap is revealing a new OTC trading product for mainnet rollout.
Founded in 2017, AirSwap became a leader in decentralized exchanges by offering frictionless peer-to-peer trades for over 60 ERC20 tokens to a network of retail investors.
In a blog post released Aug. 10, AirSwap announced a set of updates to its Widget, Toolkit and over-the-counter trading product.
The incoming AirSwap OTC block trading product could enable investors with deeper pockets to trade virtually any quantity of digital assets on the decentralized exchange.
"It essentially allows you more flexibility on price and the ability to know your counterparty, assess with whom you'd like to do business more directly. With the OTC tools, this unlocks a totally new world of liquidity. This is going to enable trades of any size to happen with the AirSwap network."
AirSwap says it hopes to become the streamlined solution for OTC trading, which typically requires real-time negotiation and several days until settlement.
Upon discovery, makers can select to respond and negotiate the terms of the trade in a quick, frictionless trading process.
AirSwap hopes to mitigate security risks for its OTC trading feature by partnering with BitGo, a multi-signature wallet provider used frequently by high-end custody clients.
Targeting an institutional client base, AirSwap appears on its way to delivering decentralized digital asset trading to a spectrum of cryptocurrency investors.
Decentralized Exchange AirSwap Launches OTC Trading
Published on Aug 15, 2018
by Cryptoslate | Published on Coinage
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