Post
Topic
Board Announcements (Altcoins)
Re: Offical launch of PhenixCoin.com
by
daytrader420
on 28/05/2013, 05:41:41 UTC

 So the phenix trader is more of an escrow service rather than a trading floor is that right?

that part confused me. I presume there will be a trading floor as well and you can use escrow instead of keeping the funds with them.

Correct. A platform for escrow seems much easier to develop anyhow, and they did it pretty fast.

With all the p2p trades on the forums, and scam rumors/accusations, this will mitigate those problems, and those few 'bad apples'.