Bitfair aims to be a market where crypto fans can directly enter a Over-the-Counter trade via a Smart Option Contract (SOC). This flexibility creates further trading positions, hedging and profit possibilities in altcoins that are not presently available. Each trade on Bitfair is OTC – peer-to-peer between two individuals – and Bitfair simply supplies the market and receives trade fees from each profitable trade executed. All trades are joined into a Smart Option Contract (SOC) for a pre-determined profit/loss during a set trading time contract.
Overcoming the inherent flaws of traditional trading utilizing the exchanges, traders trading through Bitfair can benefit from their favorite cryptocurrency cost movement, be it uptick or downtick. Bitfair supplies the platform to start a short position for some cryptocurrency at an astonishing 1 000x leverage – 10 instances greater than most leveraged exchanges – without requiring a centralised broker, and all of the issues linked with
making and simultaneously exchanging the marketplace. Bitfair is a fresh and exciting platform for many serious crypto traders.