Tell me. What are the advantages of having a private invite-only group for buying and selling crypto? Instead of using crypto<->crypto and fiat<->crypto exchange platforms we have right now?
Making it private and invite-only is so unnecessary.
Making it private and invite-only is so unnecessary.
There are several reasons a) We can validate the buyers and sellers are real and authentic b) Everyone goes through eKYC etc c) As a club member the buyer and seller agree the price (no spread) d) The fees are lower. It's a genuine desire to build trust into the transaction at a lower cost. It is also discreet and private so any volume transaction will not affect the market. Hope that helps but happy to answer anything else.
