• Luxor Technologies has launched the first ever ASIC RFQ platform with the goal of maximizing market transparency and access.
• The platform will offer buyers major flexibility and allow them to specify orders by a variety of criteria.
• Sellers and brokers will benefit from the platform’s auction-style bidding process, which is transparent and volume-based.

Introduction

Luxor Technologies, a full-stack Bitcoin mining software and services company, has launched the first request-for-quote (RFQ) platform for buying and selling Bitcoin mining hardware. The goal of this platform is to maximize market transparency and access.

What Is An RFQ?

An RFQ is a marketplace where users can create orders (requests) for specific items. Luxor’s double-sided RFQ allows both buyers and sellers to create requests for Bitcoin mining ASICs. This system will theoretically improve the transparency of the market, while allowing for easier access and more precise market pricing.

Benefits Of The Platform

The platform will offer major flexibility to buyers, allowing them to specify orders by quantity, condition, model type, location and more. In addition to this, sellers will be able to mix-and-match models from different manufacturers in their orders. The platform’s auction-style bidding process will benefit sellers and brokers as it is transparent and volume based so that market makers can transact in a larger way.

Conclusion

Bitcoiners interested in learning more about Luxor’s RFQ can visit the RFQ website or contact the company at: sales@luxor.tech.. Additionally, those looking to increase their deal flow or facilitate more transactions should consider leveraging this new system as it offers increased liquidity in the secondary market, improved price discovery as well as expediting mining hardware procurement processes.

Contact Info

To find out more about Luxor’s RFQ Platform visit: https://www.luxorrfq.com/ or contact Luxor directly at: sales@luxor.tech