Cryptocurrency exchange is a marketplace where people come to buy, sell and trade crypto-coins. The cryptocurrency market has gained a massive popularity over a few past years, giving enough reason to consider it disruptive to the fiat industry. With the exchange market getting saturated by every passing year, there raised issues and concerns along. Even the largest scale exchanges started causing problems such as delayed transactions, complicated fiat-to-crypto conversion, lax customer service and poor security system that further results in hacking.
Despite the increasing cases of crypto-exchange hacking, traders getting fed-up of complicated fiat-to-crypto conversion or delayed transactions, the market still witnesses a decent increase in demand every month. Considering the fact that ‘Cryptocurrency is here to stay’,’ some companies decided to bring improvement in the platforms and their procedures; and one of them is Bitsmo.
Bitsmo is an emerging online crypto exchange platform with advanced and more trading benefits for Pro as well as novice traders. The developers of the exchange claim it to be an all-in-one exchange platform. Perks and features of Bitsmo have been thought-out as standalone, considering all the existing problems faced by current traders. This very platform is linked with more than 30 most popular exchanges to get traders connected with the best price in the marketplace. Besides, we also provide orderbooks, allowing our users to learn about the best buying or selling price for their own sake. We gave as well developed a platform as it would maximize the profits on traders’ side.
The followings are the features that make Bitsmo stand apart from the crowd:
Matching Engine, which is evidently the fastest than that of Binance or anyother major scale exchanges. Bitsmo’s matching engine is designed to process close to 10MM transactions per sec, which is 7 times faster than of Binance’s.
Regulation – Our platform is fully regulated with KYC and AML processes, which are implemented through either third-party integration or in-house procedures. Besides, we are already on the verge of acquiring Estonia Regulated Exchange licenses as well.
Liquidity – To experience better and more liquidity, there are certain factors that have to contribute in. Right from the fastest transaction to full regulation and passionate customer support – everything that serves to a trader’s win contributes to swelling the liquidity. Bitsmo, apart from all these qualities, also connects their users to 30+ leading crypto exchange platforms to help them learn about the best buying and selling price.
Fiat-to-crypto conversion is perhaps the most daunting task that leads many potential traders to drop their plan already. This very conversion is still processed through traditional banks, communing time as long as weeks or month. Bitsmo has eversince maintained a great bond with crypto-friendly banking institutions, which will allow fund transfers with debit/credit cards.
Secure storage – Bitsmo maintains ‘cold’ storage for its users’ funds, which means whatever you earn and save, they are all stored off-the-server, i.e. no possibly way of hacking through anyone’s account.
Customer support – We take quite a pride in our lavish, sophisticated, quick and comprehensive customer support. Along with HotLine support and chat options, our multilingual telephonic support system stands apart.
There are many exchanges and there is one exchange – A beginner will want to have a thorough analysis of his chances to win before joining any trading platform.