In
the cryptocurrency space each exchange has a different set of
cryptocurrencies to trade with different features and often insufficient
charting solutions. As
a result, users are forced to buy and sell cryptocurrency at various
sites, while trading with leverage on other sites, and mapping
cryptocurrency on other sites. Such
an unnecessary deployment of services makes it difficult to enter the
cryptocurrency space, and carve out the need of places where merchants
can access all popular services related to cryptocurrency trading,
including leveraged, copy trading, and charting trades. Altcoin is more difficult to obtain than Bitcoin, because in the case of most altcoin, you can only buy it for Bitcoin. Bitcoin,
however, can be purchased at many online brokers, or multiple exchanges
that operate with fiat currency, among other solutions. Some of these exchanges (eg Bitfinex, Bitstamp, Coinbase) feature a
set of altcoins, but, admittedly, the list of altcoins supported by them
is very limited.
The
generally accepted process, therefore, is to first buy Bitcoin, and
then convert it into altcoin in a special exchange, such as Bittrex,
Poloniex, or Binance, among others. We believe there must be an unobstructed way for the everyday user to obtain various options for altcoin fiat currency. The
solution we propose to this problem is the exchange where users can buy
and sell altcoins for fiat currencies that can make altcoin more
accessible, and therefore, will make altcoin more widespread. Of
course, when someone engages in an activity that has never been tried
before, it is a prerequisite for someone to know the "dos and donts" of
that activity. For this reason, the lack of trade skills often proves too
discouraging to the uninitiated to try their skills in any type of
trade, including trading crypto currency.
The
cryptocurrency space has not found a widespread adoption of copy
trading yet, which is why we believe people need to have access to trade
copy along with the usual method of cryptocurrency trading. Therefore,
our platform will feature an easy-to-use copy trading feature to allow
for users with lower trading skills to participate profitably in
cryptocurrency trading. Successful
project developers with ICOs have struggled to get listed tokens
because of the huge listing costs that the exchange expects to bear for
the project. As
a result, annoying projects that deserve attention from the crypto
community may not be registered and thus enter into a position where
their growth is hampered by the lack of attention generated through
their token list. This issue can only be solved by a no-cost list process where the
focus is on innovation the developer team provides to the community and
industry, and not the price that the developer team can pay to get their
tokens.
Although
many cryptocurrency exchanges have been around for years, most of them
still ignore the evaluation and improvement of their user interface. As a result, traders often have to face the grueling learning process of how each site can be fully utilized. In
addition, traders are generally forced to resort to external graphic
making services when using exchange due to poor graphics and lack of
sophisticated trading tools and can be customized on a given exchange. The
lack of attention given to all these details is a major issue that must
be removed from the way the cryptocurrency is traded for the entire
industry to grow. Lots
of hacking instances where cryptocurrency exchanges fall victim,
causing billions of dollars of user funds to fall into the wrong hands,
is a sure sign of trouble with the security of cryptocurrency exchange
that needs to be addressed. The
best solution to this problem is the crypto exchange to build their
information infrastructure in a manner consistent with strict security
standards.
Liquidity, or
the exchange ability to provide sufficient volume to buy or sell orders
to be executed without major delays or enormous price movements, has
also become a problematic area facing crypto traders. Although
the lack of liquidity can be attributed to the relatively small size of
the cryptocurrency industry with an estimated total market
capitalization of $ 330 billion at the date of writing, this crypto
trading area should be increased and can be improved in various ways. With
the increase in liquidity across all trading pairs, the exchange of
cryptocurrency can match a satisfying and satisfying user experience in
which traders are not forced to wait for weeks for their order to find
the appropriate order in the order book, or not cause too high price
fluctuations with sending small market orders in the market with almost nonexistent trading volume. Due to the
relatively unregulated nature of the cryptocurrency industry, the
exchange of cryptocurrency has not been suppressed by any power to
provide efficiency and valuable technical support to its users. Such
omissions, however, have resulted in a large number of dissatisfied
users who are forced to give up on exchange when faced with simple
technical problems or even unauthorized access to their accounts and
funds.
The
platform will implement a fiat-altcoin trade pair that will give users
direct access to the various altcoins they can trade. In addition, their platform will make it easier to spend profits made in fiat. With
this platform, each user will have the opportunity to access the
BitEsprit debit card connected to the user's fiat balance. You do not have to go through dozens of sites to get what you need. BitEsprit has been designed with all your needs in mind. BitEsprit has been planned as a department store for trading digital currencies. It comes with built-in trading capabilities, which facilitate bitcoin trade and fiat fiat. The developers have a vision of removing barriers to entry for altcoin trading. Thus, they will give the same opportunity for all new people to succeed in the world of crypto.
The purpose of this platform is to remove all barriers to entry into the altcoin ecosystem. This will be done for both merchants and new projects that seek to make their mark. In exchange made by this project, traders will get direct access to altcoin. In addition, altcoin developers will find it easy to enroll. Currently, they have to pay high fees if they want to be listed on the exchange. This project will give everyone the same footing to earn capital and grow. Barriers come in a lot, and they have affected everyone in the crypto world. In addition to exchange, everyone will gain access to a platform that offers all relevant services with just a few clicks. No matter where you are, trading on this platform will be possible. This has been made for beginners and experts.
BitEsprit will allow users to trade altcoin against fiat currencies. This
means that in addition to the three cryptocurrency bases, (BTC, ETH,
BEC), three fiat currencies, ie USD, GBP, and EUR, will be available as
the base currency for trading. Then, other local currencies will also be tradable as the base currency. Trading has an exchange fee of 0.15%. Our
users will be able to save and withdraw fiat currency to / from their
BitEsprit account other than tradable cryptocurrency in our platform. In
addition, we will integrate PayPal, Neteller, Skrill, and China
UnionPay payment solutions to make it easier for you to use our
platform. Another
important element of our strategy is to facilitate the issuance of
debit cards directly related to BitEsprit accounts, which will make it
easier for traders to spend their realized profits. This debit card will be available for use at any point of sale that accepts MasterCard. Placing funds on a BitEsprit debit card will be internally
facilitated, so that once our users make a profit, they are really just a
click away from spending the money.
Copy Trading Our trading copy platform will allow for our users to automatically copy other user's trades. Photocopiers
will be able to copy multiple user accounts and will be able to specify
what percentage of the available balance in the base currency they wish
to devote to each user being copied. If
a user does not directly want to copy a merchant, that user can follow
trader's trades and receive an alarm when a trade is posted to be copied
by a merchant. It
also means that traders who have activated their trades to be copied
can arrange any of their trades as open to copy or as private and
therefore not disclosed to their copier.
Merchants
who are copied will be able to determine the fixed number of
cryptocurrencies (eg 0.001 BTC) as commissions paid by the photocopier. Subscriptions
have a one month long life, after which the contract renews itself
automatically unless the photocopier chooses to unsubscribe. The
exchange only takes 10% of the commission paid by the photocopier.
Orders are automatically placed on behalf of the copier based on the
percentage of capital entered by traders who are copied in the trade. For example, let's say the merchant who copied A has a total balance of 10,000 USD and he puts 10% ($ 1000 USD) into the trade. Copier B has a total balance of 2000 USD used by a photocopier of 20%
(= 400 USD) to copy A, then the system places 10% of the amount
specified B into the trade opened by A, which is equivalent to 40 USD.
As
a customer protection mechanism against scammers who want to get rich
quick commissions, the merchants who allow their trades to be copied
will receive their commissions derived from trades that are copied two
weeks after the user subscribes to copy them. Over
a two-week period, the amount paid as a commission is locked by the
system and available to be returned if the copier chooses to cancel its
subscription. Canceling
a subscription means that the photocopier will not be able to for three
months to subscribe to copy the merchant who has been unsubscribed from
the copy machine. Because
of this failure mechanism, photocopiers will be given an incentive to
consider their subscriptions wisely and stick to their subscriptions for
more than 2 weeks. The
obstacle to our system running smoothly is the liquidity, ie the
system's ability to find the appropriate order on the other side of the
order book to the copied merchant, and therefore all of their copiers,
place. A
strategic partnership with our liquidity providers will ensure that
photocopiers can participate in the same trade with the merchants they
copy. The
BitEsprit platform will also feature an online multi-cryptocurrency
wallet that will be integrated into the BitEsprit exchange. This
means that our users will keep their personal wallet keys and get a
quick and simple way to transfer the funds they want to trade from their
wallets to the BitEsprit exchange. In addition, our users will be able to connect their BitEsprit online wallet to a hardware wallet, such as Trezor.
BitEsprit comes in the form of a digital currency named BEC. The BEC Token will go on sale from April 12, 2018 to May 27, 2018, at a price of 1 BEC equivalent to 0.85 USD. The token purchase itself can be done with foreign currency such as BTC and ETH. Do not forget, get also purchase bonuses at certain time period.
Participating in the ICO BitEsprit, communities will participate in future project growth that is also tailored for their own needs. Seal itself is the result of teamwork of experts and experienced in their respective fields. who strive to give their best abilities in this project. In addition, the team also strives to provide the best benefits and services, to anyone interested in joining this project please to join.
Thus the ICO project info from BitEsprit, is also the best ICO project, cryptocurrency, token, altcoin from blockchain ethereum er20 technology. This article is made based on personal views, related to investing how well we do the analysis first. The type of investment must have risks depending on the scale or size of the investment and the goodness of the concept. For more information please visit their official website below :
Whitepaper
Medium
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By : adiarsent
Bitcointalk Id : https://bitcointalk.org/index.php?action=profile;u=1720810;sa
"BitEsprit" First Cryptocurrency Exchange All-In-One
Reviewed by aBdi Manroe
on
Mei 21, 2018
Rating:
Reviewed by aBdi Manroe
on
Mei 21, 2018
Rating:
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