[ANN] Metaexchange partners with spartako for BTC/bitCNY market

Started by monsterer, March 12, 2015, 11:41:19 AM

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speedy

Quote from: Troglodactyl on March 12, 2015, 12:13:15 PM
This is great, but can you defend the "zero counterparty risk" claim?  My understanding is that counterparty risk using metaexchange would be dramatically lower than other exchanges, but not zero.

The risk is non-zero for the short time it takes for 1 BTC confirmation, i.e. 10 minutes. After that you are in control of your funds again.

Troglodactyl

This is great, but can you defend the "zero counterparty risk" claim?  My understanding is that counterparty risk using metaexchange would be dramatically lower than other exchanges, but not zero.

xeroc

If I could just invest in metaexchange .. that would be awesome! :)

kenCode

kenCode@Agorise
Matrix/Keybase/Blurt/Hive: @Agorise
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monsterer

Hi everyone,

We're pleased to announce our partnership with trusted community
member spartako, who has become a metaexchange liquidity provider for
the bitCNY/BTC market:

https://metaexchange.info/markets/bitCNY/BTC

Liquidity providers act as market makers who run their own
metaexchange node. Due to our unique design they are able to run their
operations with zero counter-party risk while still providing the same
service they would have on a traditional centralised exchange, except with zero trading fees.

If you would like to talk more about becoming a liquidity provider,
please shoot me a PM.

Cheers, Paul.
My opinions do not represent those of metaexchange unless explicitly stated.
[url="https://metaexchange.info"]https://metaexchange.info[/url] | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads