Cryptocurrencies are on the trendline today. They are the derivatives of blockchain technology. Blockchain is known as a revolutionary technology in the history of mankind. Because it is immutable, incorruptible and unhackable. The price of cryptocurrency fluctuates more than any other entity, thats why more people get attracted towards this volatile market to make huge profit in short time. The price of Bitcoin had reached $20,000 dollars in 2017, which grabs everyone's attention around the world. Everybody wants to buy Bitcoin and other cryptocurrencies. The simplest way to buy these cryptos is through exchanges.
Exchange is the place where people can make buy/sell operations securely. People can easily buy cryptos with other cryptos or through fiat currency. Exchange acts as a middlemen between buying and selling transactions. Exchanges are also called as engines of the industry. And there is a huge responsibility on these exchanges.
During bull run new registrations for exchanges exceeded the limit. Due to increasing prices of cryptocurrency, everyone rushed to exchanges. The servers of exchanges are overloaded and they eventually have to stop registering new accounts. Exchanges take huge profit from crypto trading, depositing and for withdrawing funds through fees. The transparency of today's exchanges is less and many exchanges gone scam. There are many significant issues are present with the existing exchanges.
BitcoinBing is a cryptocurrency Exchange, which is aiming to provide exchange solution and some key features that differentiate it from other crypto exchanges.
Project objective
The main aim of the BitcoinBing is to provide an exchange solution and many key features which provides seamless and instantaneous exchange services to users. BitcoinBing has years of experience and understanding about cryptocurrency market and BitcoinBing will help cryptocurrency to go mainstream.
Present exchange issues
There are many problems are present with the existing cryptocurrency exchanges. Most of the present crypto exchanges are created in a hurry to make huge profit from this growing volatile market. And these profit oriented crypto exchanges lack with many fundamental issues. They have no better infrastructure and interface that provides easy access to users.
Today's most of the crypto exchanges are vulnerable to hacking attacks. Because they lag with many design flaws and structural weaknesses. Thus user's funds stored in these exchanges are unsafe. The present exchanges had set irrational parameters on users/traders. The order matching on these exchanges takes more time that poses a significant amount of loss for pro traders. Because of huge market price fluctuations cause risk in delayed buying/selling operations. And also the trading becomes expensive due to delayed slippage issue.
Most of the present day exchanges are created, are location/country based exchanges and they only focus on providing services to a restricted territory. The customer support provided by most exchanges takes more than a month of time to make responses. The transaction fee they charge on buying/selling, deposit/withdrawal is quite unreasonable.
BitcoinBing Solution
BitcoinBing is committed to eradicate the above exchange issues by implementing many industrially worked architecture and features. BitcoinBing can handle transactions upto 1,000,000 orders/second. So that BitcoinBing users no need to wait for order to process. BitcoinBing exchange also provide all the features like margin trading, spot trading, limit order and decentralized Exchange feature.
Also BitcoinBing Exchange provides peer to peer trading of fiat/cryptocurrency in an flexible manner. In P2P, both the parties upon agreeing the predetermined conditions, the smart contact initiates the transaction. In order to protect users from fraud/cheat BitcoinBing makes yearly audit to find if any user holding other users Crypto/fiat money or not. This brings more trust on the exchange.
BitcoinBing's smart contact and escrow service provides satisfactory service for both the parties. BitcoinBing ICO investors can trade in the exchange without any trading fee or platform commission. BitcoinBing provides multiple currency trading pair option which let traders to execute multiple transactions simultaneously.
The BitcoinBing's full stack trade desk feature allow traders to strengthen their investment transactions. It assists investors to calculate the risk or profit they make before doing transaction. BitcoinBing's Platform supports desktop and mobile devices.
The risk management feature provides precautions to users before making any big move. This protects users from potential risks.
BitcoinBing allow users to customise the platform according to their preferences. This customization feature available on all operating systems. BitcoinBing holds trading competition which keeps the trading spirit. It is also committed to distribute the airdrops from other ICO's.
Once a quarter BitcoinBing use 50% of the trading fee to buy and burn Bing exchange tokens. Which balances and increases the value of Bing token. BitcoinBing uses highest level of cryptographic security system to protect user funds from any potential risk or thefts. It also provides 24/7 live chat customer support. Which help international users to get resolution for their problems instantly.
Advantages of BitcoinBing
• It supports 1 million transaction orders per second
• Provides multiple currency pairs in trading
• Full stack trade desk, help traders to calculate the potential risk/profit before the transaction
• Platform supports desktop/mobile and Apps
• Risk management feature protects users from potential risk/loss
• Users can customise the platform according to their preferences
• Trading competition increases the traders spirit
• Platform also distributes ICO airdrops
• Token buyback scheme increases the Bing token value
• Provides highest level of security
• 24/7 live chat support provided instant resolution to users query
Token details
• Total tokens: 1 Billion
• Tokens available for sale: 150 million
• Token price: $0.5
Funds allocation
Roadmap
Conclusion
BitcoinBing is committed to provide an exchange solution to users which help crypto market to reach mainstream. It's unique features helps to eradicate the present exchange problems. BitcoinBing exchange is user oriented and protects users intrest. BitcoinBing focuses on bringing best user-friendly features to all. It is a very promising project to invest.
Learn more about BitcoinBing:
Website: https://www.bitcoinbing.io/
Read Whitepaper: https://www.bitcoinbing.io/bitcoin%20bing.pdf
ANN thread: https://bitcointalk.org/index.php?topic=5037403.msg46144019#msg46144019
Telegram: https://t.me/bitcoinbing
Facebook: https://www.facebook.com/Bitcoinbing-228650464472887/
Twitter: https://www.twitter.com/BingBitcoin
LinkedIn: https://www.linkedin.com/company/bitcoinbing
About Author:
Bitcointalk username: Abhijeetcg
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1676105;sa=summary
