Bitfinex Parent Company Launches Decentralized OTC Trading for ERC-20 Tokens

  • Ethfinex, Bitfinex and Tether parent company has launched a trustless decentralized Over-the counter platform for ERC-20 tokens.
  • It is a blockchain-enforced service, one of the decentralized services the company is offering the community of cryptocurrency traders.
  • The Chief Technical Officer (CTO) of Bitfinex, Paolo Ardoino said the introduction of the decentralized OTC platform is to reduce the problem of centralization and custody which is a major challenge in the cryptocurrency industry.
  • Ethfinex is launching a trustless, decentralized OTC platform.

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