Whales Market (WHALES) is a decentralized OTC trading platform that enhances security and trust in peer-to-peer cryptocurrency transactions. More
| Fully Diluted Valuation | $6.59M |
|---|---|
| 24H Trading Volume | $13,536 |
| 24H Low / High | $0.06 / $ 0.07 |
| Circulating Supply | 26.03M |
| Total Supply | 100.00M |
| Max Supply | 100.00M |
| Categories | Solana Ecosystem 3 more |
|---|---|
| Founder | Anonymous |
| Website | whales.market Whitepaper |
| Socials | |
| Chains | Solana Ecosystem |
| Explorer | Solscan 2 more |
| Contracts |
GTH3w....5JAS1
|
| Name | Pair | OG Score |
|---|
Whales Market presents a decentralized Over-the-Counter (OTC) trading platform aimed at addressing the inherent risks associated with peer-to-peer (P2P) cryptocurrency transactions. Unlike traditional methods relying on social groups or private channels, Whales Market offers users a centralized platform designed to foster trust and security in their exchanges across various blockchains.
P2P cryptocurrency trading, while convenient, has long been plagued by vulnerabilities to scams and fraud due to the lack of robust security measures. Sellers may fail to deliver promised tokens, exploiting the absence of formal commitments between parties. Whales Market seeks to mitigate these risks by consolidating OTC trading onto a single platform, where transactions are conducted securely through smart contracts.
The platform ensures that capital remains locked in smart contracts until transactions are successfully settled, providing a layer of protection against deceptive practices. By centralizing trading activities, Whales Market enhances transparency and accountability among users, reducing the likelihood of financial losses resulting from fraudulent transactions.
Whales Market's approach introduces a level of security and transparency not typically found in traditional P2P trading methods. Through its commitment to trustlessness and accountability, the platform aims to provide users with a reliable environment for conducting cryptocurrency transactions across multiple blockchains.
In summary, Whales Market represents a significant step forward in the evolution of P2P cryptocurrency trading. By prioritizing security and transparency, the platform offers users a viable alternative to traditional methods, empowering them to engage in transactions with greater confidence and peace of mind.
Whales Market distinguishes itself by offering a decentralized OTC trading platform, ensuring security and trust in peer-to-peer cryptocurrency transactions. Its commitment to on-chain transactions, smart contract locking, and transparent routes sets it apart from traditional P2P trading methods.
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