Octoin Gives in and Restores P2P.
In our last News Commentary (#320) about Oction, we expressed our opinion that it had disabled the p2p exchange on its website in an effort to prevent its members from trading their Octoincoins for other cryptocurrencies or, heaven forbid, from cashing them in for dollars for whatever they can get. Well, per a recent news release from Octoin, it looks like many other folks felt the same way and that, as a result, Octoin received many requests to reactivate the p2p exchange. To its credit, Octoin has done this — which at least partially restores my confidence in the company. Now it will be interesting to see what happens. Will folks hang onto their Octoincoins like Oction would like or will they try to “unload” them for whatever they can get. I confess that I am only partially familiar with the workings of the p2p exchange. In the coming days I will try to learn the details of how it works and will try to report back to you on what Octoincoin is being traded for. If you have already used the Octoin p2p exchange, we would welcome some feedback from you on whether folks are trading their Octoincoins and, if so, for what and for how much.
Here’s the news release from Octoin…
P2P-Exchange is ON – You really asked … we did it!
By the numerous requests of users for our resource is returned the opportunity to use the P2P-exchange. We were able to resolve technical and legal issues and now we are reopening this section on our website. For us, the opinion of the participants and users of Octoin is very important, so we simply could not leave your requests without attention.
To replenish both OctoinCoin and USD, and such crypto-currencies as: BTC, ETH, LTC, DASH, ETC, BCH, ZEC are available for you.
Thus, we renewed direct and fair exchange between the users and stopped unscrupulous attempts to use other, less reliable methods of translation.
Octoin – your reliable partner in the cryptoworld!
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