The Cryptocurrency industry is growing wide and gaining more ground day by day because Cryptocurrency has a large advantage over fiat money (currency). People all over the world have adopted this technology as a means of digital exchange.
The Cryptocurrency market has however been suffered with market fluctuation and other problems. There is no secure and easy to use insurance for the Cryptocurrency investors. The core problem that potential Cryptocurrency investors faced when considering investing n Cryptocurrency is the heightened risk of loss in value of a particular altcoin.
The market of Cryptocurrency is growing enormously with over 1380 Cryptocurrencies in circulation , but the market suffers from a lack of transparency, limited regulatory over seight, poor due diligence of investors and no basic form of investor protection.
Altcoin value are not set by any one other than the market and it's participants who took part in the process of buying and selling on exchange platform, these makes altcoin greatly unpredictable and puts off so many potential investors from purchasing currencies and consequently supporting the Blockchain technology movements.
It is no doubt that the current market has offered variety of risk management solutions for cryptocurrencies enthusiasts, limited in number but very complex, hard to access and so expensive for a regular Cryptocurrency investor and user. It soon become understood how extremely difficult it is to predict the market fluctuation and this time to the idea of creating the BITRUST platform
BITRUST
BITRUST is an affordable, decentralized, easy to use peer-to-peer (P2P) cryptocurrency insurance marketplace that is based on Ethereum, a blockchain-leveraging smart-contract technology
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With bitrust, the Cryptocurrency market problems can be solved with its aim to reduce the risk associated with investments in Cryptocurrency, giving new and existing projects the opportunity to flourish for the benefit of the entire system.
Through the P2P (peer-to-peer) interaction using smart contracts technology, potential users of the Cryptocurrency platforms would be able to avoid and reduce the cost of applying risks management strategies in their investments.
Bitrust offers a simple, secure and easy to use insurance solution for cryptocurrencies investors.
How It Works
Bitrust Product Description
Bitrust is the central point where an insurer meets a trader willing to insure a certain Cryptocurrency position.
The main goal is to provide the Blockchain technology community with an average monthly trading volume.
Bitrust Token
Bitrust token (BTFs). will be created by BTF project limited to finance their mission and vision. The BTFs will be created during a single crowdsale event split into pre ico and ico phases.
Token Details
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Use Of Funds Raised
All the funds raised by the sales of the BTF tokens will be used to finance the development of the bitrust platform.
The diagram below shows the mode of allocation of the funds.
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good post. Follow Me Always Can receive upvote from me.
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This is a unique post... Crypto is growing fast
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Thanks for the great information
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This is great and amazing
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This will make cryptocurrency acceptable by people and will improve it's crypto publicity also
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No doubt this platform will become one of the best companies in the field of the latest technologies. I see this company have their large resources to...
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