Images by https://www.bitcoinbing.io/
Welcome friends! Here I want to talk a little about the world of cryptocurrency that is developing rapidly. If you're going to start a business in the cryptocurrency world, understanding cryptocurrency exchange is the most important thing. Because cryptocurrency is currently heading to an exchange market with a secure mechanism and additional benefits that will increase the use of this technology. So, this will encourage more people to join safer media for trade that secures their profits.
Recognizing Currency Characteristics
Even though all cryptocurrency is based on blockchain technology, but they are all not the same. Here are some differences you need to know before making a trading decision:
- Transaction processing speed
- Total supply is currently available
- Will there be a limit on the amount of available currency in the end?
- Will there be an unlimited supply of currency?
- Is there a real-world need for this software/currency?
- Adoption of real-world technology
- Every big investor in this project?
- Does the use of software make sense?
- Do the founders have a good reputation?
Of the nine points that must be understood before starting trading, I see that all of them are in one of the big projects, Bitcoin Bing. Bitcoin Bing is created with the aim of solving problems. The team has created a platform that will empower traders throughout the market simultaneously. This will lead them to a safer environment and will encourage them to trade volume without any costs.
The BitcoinBing solution in dealing with exchange problems
To this day, exchanges still face some issues both on a small and large scale. Because of this, the Bing Bitcoin Team has outlined all the problems and designed their exchanges in a way that passes all of the issues.
To defuse crypto traders from problems, the Bitcoin Bing team has worked hard at working on architecture. The Bitcoin Bing matching machine which has phenomenal transaction processing capacity that can handle up to 1,000,000 orders/second. Finally, Bitcoin Bing users will avoid problems waiting for their orders. The Bitcoin Platform Bing also offers services provided by all public exchanges such as spot trades, margin trading, anonymous instant exchanges, and decentralized exchanges.
Also, they also offer the ability to over-the-counter and peer-to-peer fiat and cryptocurrency trading most flexibly and securely. In Bitcoin Bing, all users can signify what cryptocurrency they have and what exchange rate they want to sell, and other users can respond to them and negotiate until an agreement is reached.
Bitcoin Bing also ensures that their money does not fool its users or if not disturbed, an assessment and review mechanism will be there for each year to get a trust rating in place; this will help users make important decisions about who should do business.
Not only that, but the Bitcoin Bing platform also functions as an adjudicator between the conflicting parties by incorporating a dispute resolution framework using a decentralized decision-making process to resolve conflicts fairly.
What I've mentioned is a revolutionary concept, but what's even more interesting is that users who are investing in Bitcoin Bing ICO will be given the ability to get involved in trading on the platform without having to pay transaction fees. So basically, it all depends on the user to make the conditions for custom buying and selling for Bitcoin itself, and carry out all transactions without the need to pay the commission platform.
And what we are most looking forward to is Bitcoin Bing will share its profits in the form of returns among its investors, this means that investing in Bitcoin Bing ICO will effectively give investors the right to proportionate the operating profit of the platform.
At the end of the word I want to say that, if you're going to invest in an ICO program, you should first study it from the Whitepaper and then make a decision. Don't waste your money, energy, and effort.
Links related to the Bitcoin Bing project
Website | ANN thread | Telegram | Twitter | Facebook | Linkedin
Author: AaXray