In today's review, we will be taking an in-depth look at the Bitsdaq digital asset trading platform.
Bitsdaq is a pan Asian digital asset trading platform designed with a robust platform architecture that supports safety and as well guarantees liquidity for traders. Many crypto exchange platforms have experienced security breaches, and this is due to shortfalls in the security measures implemented on these exchange platforms, and as well as negligence of IT staffs. The inability of crypto exchanges to employ adequate security measures has often put traders funds in Jeopardy which vehemently has led to the shutdown of some of these exchange for legal and financial reasons. Bitdaq eradicates this problem by employing a host of security measures which guarantees the safety of traders funds. The most crucial step put in place to safeguard funds is the distribution and fragmentation of the platform wallet keys into smaller units in which they are then stored in different locations using diverse encryption. Hence making it impossible for hackers to lay hands or gain access to crypto assets kept on the private exchange wallets.
Bitsdaq is in technical partnership with Bittrex, which happens to be one of the few reputable exchange platforms yet to experience any form of a security breach in recent time. This partnership is a pointer in the right direction. Initially I thought Bitsdaq partnership with Bittrex was more promotional than technical until I noticed the Bittrex wallet is one of the top holders of the Bitsdaq utility token(BQQQ) and this led me to uncover the joint order book system between the Bitsdaq and Bittrex exchange which is in place to guarantee liquidity. Absence of Liquidity is a significant shortcoming on most crypto exchange platforms, and it causes a large gap between the bid and asks price, hence causing high volatility, which can be unfavorable for traders.
The Bitsdaq exchange provides a smooth trading experience, boast of competency in both operational and technical support with multilingual services, and lastly features a trading system obtainable on diverse platforms i.e., Web, android app, HTML and PC. With the recent trend in the Crypto space being Initial Exchange Offering(IEO), the Bitsdaq platform seeks to take its IEO launchpad initiative some step further by facilitating the globalization of this burdening project launched on the Bitsdaq exchange. Majority of the IEO launchpads from prominent exchange do not do too well in creating enough exposure for blockchain projects and are most times more concerned with collecting a lofty sum of money from this projects as listing fees. Thanks to Bitsdaq reputation, highly successful minds behind the Bitsdaq platform, and a good network of partners, the Bitsdaq platform will not only ensure liquidity for digital assets and holding of IEOs but also help provide the requisite exposure needed to guarantee the success of projects launched via the Bitsdaq IEO exchange.
The next eye-catching feature of the Bitsdaq exchange is its native utility token known as BQQQ. Unlike its partner Bittrex, Bitsdaq boast of a utility token which embodies all functionality and use case of the exchange. The BQQQ token runs on the ethereum blockchain with a maximum supply of 10 billion tokens and its actively trading on numerous exchange as at the time of this publication. BQQQ already plays several essential roles on the platform i.e., tender for partaking in IEOs, individual allocations for IEO participation, engagement in offline activities e.tc and will grow in utility as time goes by. Its no secret that the Bitsdaq platform and its utility token BQQQ has successfully attracted investment and partnership from world-renowned corporations such as Neo Global Capital, Consensus Fintech Group e.t.c. This feet may be due to the ideal use case of the BQQQ token as well as the presence of reputable minds such as Rick Ng and Adam Cole who both have a depth of experience in the business sector amid other fields of life.
In conclusion, the Bitsdaq platform and its utility token BQQQ has more than enough exposure and expertise to attain great heights in the crypto space. With other mechanisms such as buybacks and burns of BQQQ tokens, super-node mechanism, vote-for-listing, discounted trading fees, support for community decision-making, investment and participation, and lastly referral/promotional programs already in the pipeline, users of the Bitsdaq platform as well as holders of BQQQ have a lot to look forward to.
To learn more about Bitsdaq, check out the following channels:
Twitter: https://twitter.com/BitsdaqExchange
Twitter Chinese: https://twitter.com/BitsdaqChinese
Youtube: https://www.youtube.com/channel/UCR5E7EH5zvd6gXK0f4NWANQ
Bitsdaq Telegram English: https://t.me/BitsdaqExchangeOfficial
Bitsdaq Official Channel: https://t.me/BitsdaqOfficialChannel
User email: [email protected]