What role does exworks play in the international trade of virtual currencies?

1 answers

• Farley ClausenJan 04, 2023 · 3 years ago
  In the international trade of virtual currencies, exworks serves as a mechanism for direct peer-to-peer transactions. It allows the seller to transfer ownership of the virtual currencies to the buyer without the involvement of intermediaries. This means that the buyer assumes full responsibility for the security and management of the digital assets. Exworks can be seen as a way to enhance the decentralization and autonomy of virtual currency transactions. However, it's important to note that exworks may not be suitable for all types of virtual currency transactions, especially those involving large sums or complex contractual arrangements. It's always advisable to assess the specific requirements and risks associated with each transaction before opting for an exworks approach.
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