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'.
Correct.. I got pissed about all the trade scams..
This was a totally unplanned out of the blue project. Took two days..
Has nothing to do with trader or exchange, just scammers..
Even with exchanges, private trades still happen. I only hope this helps.
Sorry I was "away" for a bit, but wanted it done fast, so needed to stay away from board
M.