Monday morning platform Bitfinex, has introduced “Ethfinex Trustless” is based on Ethereum trading platform that provides “security, privacy and control in the hands of the users themselves”.
Team platform emphasized his plan and desire to trust of users, giving to understand that this is a much needed solution for consumers in cryptosphere.
Introducing Ethfinex Trustless — an Ethereum based trading solution placing security, privacy and control in the hands of the user.
Take control of your trading on https://t.co/KjfSyA0C6O.https://t.co/YYdd1b2LE7
— Ethfinex (@ethfinex) September 17, 2018
First, the release indicates that centralized exchanges, although inevitable, has acquired a disproportionate amount of power. With this in mind, the team Ethfinex sought to create a solution that will not be necessary in the relationship, and, consequently, the platform will be decentralized.
Ethfinex Trustless allows users to produce highly liquid exchanges between cryptocurrencies without deposits, withdrawals, registration, submission of KYC is one good step in the right direction.