P2P exchange Hodl Hodl in partnership with licensed European broker Tenbagger announced the launch of a platform for over-the-counter Bitcoin trading. The main feature of the new site is the ability to conduct operations with large volumes through non-custodial escrow addresses with multi-signature.
Hodl Hodl announces OTC trading desk and brokerage company - @TenbaggerChttps://t.co/UzruwtVWMA pic.twitter.com/d7sd730YNY
— Hodl Hodl (@hodlhodl) November 2, 2018
OTC platform Hodl Hold will work regardless of the existing P2P exchange for buying and selling BTC and LTC. Hodl Hodl says that its functions are reduced to the parties' matching and support of transactions, which will be settled on the same day.
Also, representatives of the platform say that although the over-the-counter Bitcoin trading market is quite active, none of the existing services offer non-castodial escrow addresses with multi-signatures designed to eliminate the risk of losing the funds. In the case of a new site, each new transaction will be assigned a unique address of this type.
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