BITESPRIT: ALL IN ONE TRADING SOLUTION

WHAT IS BITESPRIT?
We have seen explosive growth in cryptocurrencies trading in recent years yet its only the beginning as there is huge potential in this industry but due to lots of problems encountered by the traders, new commers in crypto trading and developers, still the growth of this industry is not as fast as it must be. The idea of decentralization commenced when Bitcoin was introduced in the market and it eliminated the need of third party. Till now many cryptocurrencies have been introduced, however the existing exchanges are unable to tackle the issues. BITESPRIT team deeply studied all the problems and decided to launch an exchange that would be able to address the issues of traders and the developers. BITESPRIT is really a unique exchange as it is going to include all advanced features in exchange that are currently not available in other exchanges. BITESPRIT will allow about 100 cryptocurrencies to trade against BTC and fiat currencies pairs. Trade of cryptocurrencies against fiat pairs is very limited at current exchanges. BITESPRIT will not allow cryptocurrencies trading against fiat currencies but it will also introduce many more features for traders such as copy trading and many more. We will discuss other features in detail in this blog. First, we will discuss the problems related to crypto trading communities.

MAIN PROBLEMS AND SOLUTIONS OFFERED BY BITESPRIT

If we have a look at exchanges we will come to know that no exchanges are offering services all at one place. Each exchange is lacking some features that complicates the whole process of trading. Trading becomes become more complicated especially for new traders. So, the there is need of such exchange that can offer all services at one place like copy trading, charting facility, leverage services and BITESPRIT is going to provide all these facilities to its users.
In trading lots of users don’t have trading skills and due to lack of skills they have to face loss. Currently exchanges are not providing any facility to crypto traders to facilitate them as in stock markets and in forex. BITESPRIT team understands the needs of the users and has decided to solve the problem the traders by introducing the feature of copy trading. Indeed, it will be helpful for lots of traders who haven’t sufficient trading skills.
Currently crypto exchanges support for fiat currencies is very limited. Users are unable to trade altcoin directly by using fiat currencies. They have to go through the process of buying Bitcoin and then users can buy altcoins.
ICOS developers are facing the issue of listing tokens on exchanges as there is high fee for listing. Due to lack of funds, they can’t focus properly on their project. BITESPRIT will provide the opportunity of free exchange listing. It will be a great initiative to solve the problem of token developers.
Other big problem is bad interface of exchanges, lack of security, lack of liquidity and bad customer support service. The current major example of bad customer support service is of POLONIEX due to which this exchange lost all its reputation and trust of the customers.
BITESPRIT will solve all the issues by providing its innovative services to its users.

WHAT MAKES BITESPRIT A UNIQUE PLATFORM?

BITESPRIT will add more than 100 cryptocurrencies. These cryptocurrencies will be tradeable against major cryptocurrencies and fiat currencies. Traders would be able to trade directly by using fiat currencies. Built-in charting facility, copy trading and low trading fee will make trading more feasible for traders.
A user-friendly interface will be introduced. It has been assured to execute millions of orders per second successfully. All services will be available through iso and android apps also.
Security of website and users is the foremost priority of BITESPRIT. Website will be KYC/AML compatible and would be accessible through http=// protocol. Funds will be stored in cold storage.
Users will be able to directly link debit cards with BITESPRIT accounts.
A multi-cryptocurrency wallet will be introduced and users will own its private keys. It would be possible to integrate the multi-cryptocurrency wallet with BITESPRIT exchange. The users will be able to transfer funds from wallet to exchange immediately. BITESPRIT exchange will provide the facility to integrate Bitesprit wallets to hardware wallets.
All these features ,no doubt , makes it a unique exchange and surely will be one of the best project of the future.
Yet this is not the end of features that BITESPRIT is going to introduced. BITESPRIT intends to launch the most advanced features in the long run. BITESPRIT will soon allow margin trading and the most thrilling news is that a decentralized exchange will also be introduced by BITESPRIT exchange in the long run.