Blockchain and Smart Contracts open many doors to new decentralized businesses and eliminates the need for expensive third parties. Many new companies are now working on this technology, and large companies are testing it in closed networks to collaborate directly with each other without the need for intermediaries.
Furthermore, fiat was the standard for all transactions, except in certain special cases where precious stones, gold and other materials were used for the exchange. These fiduciary currencies proved to be extremely inefficient because they were mostly controlled and the users had little or no influence over them. Government banks and parastatals that handled issues related to the transfer of payments and other forms of sending/receiving foreign exchange often charged exorbitant fees for the transactions that were made, which discouraged valuable business decisions for investors. Therefore, numerous issues that existed due to the limitations of the use of fiat, have been resolved or are in the process of being.
For this reasons, I want to introduce you Bitsmo (BTSM), an intuitive and innovative exchange platform, which was specifically designed with the purpose of ensuring that users have superior and efficient usability during transactions. The platform integrates numerous features. Each feature solves a specific problem that has gone unanswered in previous models.
Definition
As I said, Bitsmo (https://bitsmo.io/) an intuitive and innovative exchange platform, which was specifically designed with the purpose of ensuring that users have superior and efficient usability during transactions. The platform integrates numerous features. Each feature solves a specific problem that has gone unanswered in previous models.
| The Bitsmo platform is connected with more than 30 of the most popular exchanges to connect you with the best price in the cryptography market, in other words, we offer deep order books that allow the BITSMO user to obtain the best sale or purchase price in the cryptocurrency market. |
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Goals
The main objective of Bitsmo is to guarantee that even as a new user of the world of cryptography, they can make transactions and trade with cryptocurrencies as easily as possible. Bitsmo includes many functions in a single exchange platform with an easy-to-use interface that allows users to easily become familiar.
Features
| Feature | Description |
|---|---|
| Pairing engine | The BITSMO pairing engine is capable of processing about 10MM transactions per second, which is 7 times faster than BINANCE. |
| Regulated exchange | Fully regulated exchange that includes KYC and AML processes implemented through internal procedures or third party integration. We are currently in the process of requesting regulated change licenses from Estonia. |
| Liquidity of the platform | The BITSMO platform is connected to more than 30 of the most popular bags to connect you to the best price in the cryptography market. |
| Fiat to Crypto Exchange | No more complicated transfers between FIAT money and cryptocurrency. Bitsmo has a great connectivity between the platform and the cryptographic banking institutions that will allow you to make transfers of currencies with your credit / debit card. |
| Secure storage | Bitsmo used the most advanced security protection used by the NSA, the CIA and NASA. We store most of our funds in 'cold stores'. |
| Bitsmo customer service | Professional and multilingual customer service team, customer service line for account managers and live chat options for fast and efficient consultation, 24 hours a day, 7 days a week. |
Benefits
| Image | Benefit |
|---|---|
| 40% discount on trading commissions for the use of BTSM coins. | |
| 25% of the transaction fees are sent weekly to the BTSM purses. | |
| 10% of transaction fees buy the BTSM currency monthly. | |
| 3% of the transaction fees go to charities. | |
| The administration fee and corresponding list in BTSM currency will be charged. | |
| Unlock unique features such as algorithmic trading and arbitration of robots with BTSM currency. |
Bounty program
The project gives the opportunity to earn Bitsmo Tokens performing some social media tasks and doing simple steps from the bounty program explained into the following Webpage here (https://bitsmo.io/Signup), where you can access the link in order to see what are the conditions to become an early BTSM contributor and start acquiring tokens.
For more information about the project, you can visit and read their WhitePaper available here (https://bitsmo.io/?utm_source=icobench#whitepaper). You can also stay tuned in their official Telegram Channel (https://t.me/bitsmo). I hope you liked the post and soon I'll send you new ones.
Token details
Token: BTSM
Platform: Bitsmo
Type: ERC20
Price in ICO: 1 BTSM = 0.15 USD
Tokens for sale: 100,000,000
Token distribution
Roadmap
| Date | Events |
|---|---|
| Q1 2018 | Bitsmo project starts. |
| Q2 2018 | Initial draft white paper completed and private sales begin. |
| Q3 2018 | Pre-ICO starts. Start of the Bitsmo platform development. Acquire cryptocurrency exchange license in Estonia. |
| Q4 2018 | Launch Bitsmo Exchange. |
| Q1 2019 | Bitsmo starts FIAT deposits and withdrawals facilitated by connectivity between platform and crypto-friendly banking institutions. |
| Q3 2019 | Bitsmo pre-paid card will be available to our customers. |
Team
Author Details
Email: [email protected]
Bitcointalk username: annaparcerisas
