Difference between revisions of "AgoraDesk"
(Created page with "270px|thumb|right '''[https://agoradesk.com/ AgoraDesk]''' is a peer-to-peer over-the-counter (P2P OTC) cryptocurrency exchange. It was creat...")
Revision as of 11:09, 4 December 2019
Much like LocalBitcoins, AgoraDesk allows people from any country to use any payment method and any currency to trade Bitcoin. Every online trade has escrow protection, where the Bitcoin seller's funds will be escrowed until the end of the trade, which mitigates counterparty risk.
P2P OTC Options
AgoraDesk is the first platform to offer peer-to-peer over-the-counter derivatives trading, namely option contracts.  Options are a form of derivative contract, in which traders agree to exchange an asset at a preset price at a later date.
Users can execute call and put options for risk hedging and leveraged trading, with physical settlement of underlying BTC. A similar setup was observed on the #bitcoin-otc IRC channel with an inferior escrow setup, requiring both sides of the contract to be escrowed by a third party. On AgoraDesk, despite only the underlying asset being escrowed, counterparty risk is completely eliminated.