Bitcoin and other cryptocurrency are increasingly popular around the world, this is proven by the very high price increase, since Bitcoin is available to trade on cryptocurrency market around 2011 the price is only equivalent to $7 or Rp.100,000 per Bitcoin. And since then the price has continued to rise and increase the highest price of Bitcoin was at the end of last year, which had touched more than $19,000 or almost Rp.300 million. The thing that caused the popularity of Bitcoin to continue to rise, one of which was the Blockchain technology in its possession. Blockchain technology that exists in Bitcoin is decentralized which means that the system can run without relying on a centralized server. All servers are decentralized and all transactions are verified automatically without human intervention. So that this system provides efficiency, a high level of security and transparency, so that this technology can be adopted for many different industries.
Along with the growing popularity of cryptocurrency, there are now also many cryptocurrency exchanges that appear in the crypto market, whether it is exchange centralization or decentralization. Both types of exchange each provide benefits and profits to the user. And now there are more traders to choose a centralized crypto exchange for various reasons, one of which is because the trading volume is greater so that traders get high liquidity. But now, only a few crypto exchanges provide services for deposits and withdrawals through fiat currency. And for that bitcoinbing crypto exchange wants to make this service and provide other benefits and profits.
Introduction about bitcoinbing
Bitcoinbing has been created with the purpose of solving the current issues. The exchanges today are facing a certain number of issues. Bitcoinbing team had outlined all those issues and designed its own exchange in a way that it bypasses all those problems.
AlmostAlmost all the existing exchanges are put together in a rush to make profits as soon as possible. This approach has caused basic shortcomings in their structure of operations. Bitcoinbing platform took a longer time for development, with the specific goal of ensuring that the user experience does not deteriorate as user volumes rise on the platform. Bitcoinbing team used years of experience in cryptocurrency and design, with this collective effort enabled us to build a platform which maintains a uniform standard for user experience, with the capacity to withstand heavy transaction loads and immense fluctuations. Consequently, we did face some issues in the initial phase of development which was slower, but this is what gives Bitcoinbing the crucial operational edge in practice.
cryptocurrencies for other cryptocurrencies and fiat currencies. In effect, they serve as intermediaries between cryptocurrency
buyers and sellers, connecting demand with supply and enabling buyers to make their desired purchases using cryptos or fiats
of their choice, according to which ones are supported by the individual exchange.
In the world of buying and selling cryptocurrencies, exchanges are the engines of the industry, in a similar way to how banks In
are the drivers of offline economies. The level of speed and security offered by a cryptocurrency exchange is often the
difference between a profitable transaction and an unqualified loss. In a market as dynamic as cryptocurrency trading, delays
of even a few minutes can have dramatic results, as big hitters like Bitcoin have been known to lose as much as 50% of their
value in just a few hours. In order for cryptocurrency trading to be able to go truly mainstream, it is imperative that an
exchange exchange solution is created that enables users and investors to move seamlessly through the market and execute transactions
instantaneously, as is obtainable in fiat currency markets.
BitcoinBing’s vision is to raise the standard of expectation across the industry and to deliver a world class experience with an
exceptionally powerful trading engine, active platform development and a customizable interface. We are tackling issues that
span the industry and our platform is dedicated to the user base. Bitcoinbing is a balancing participation in the blockchain
space and accelerating mass adoption.
This project is focused at optimizing the trade with induction of cryptocurrency and blockchain. It is an endeavor to usher the
world into a secure and reliable system. Bitcoinbing will secure the interests of its users in all aspects. Its motto is to ease the
way people make their transactions today. With peer-to-peer architecture, this platform will neutralize the profit for every user.
Bing token is Bitcoinbing platform’s native token which gives traders zero trading fee, when using it to pay fee for trades made
on Bitcoinbing exchange. This mean that Bitcoinbing raised capital, launched with a functional product and instantly had a
practical utility to benefit users. A utility token is a functional token that, through smart contract programming, can be utilized
in many different ways. In case of Bing, it can be used to pay for services within the platform as well as with zero trading fee.
Website: http://www.bitcoinbing.io
Facebook: https://www.facebook.com/Bitcoinbing-228650464472887/
Twitter: https://www.twitter.com/BingBitcoin
Reddit: https://www.reddit.com/user/BitcoinBing
LinkedIn: https://www.linkedin.com/company/bitcoinbing
Youtube channel: https://www.youtube.com/channel/UCaTG55raZfSnHOSRS4zNQ3A
Instagram: https://www.instagram.com/bitcoin.bing/
Medium: https://www.medium.com/@bitcoinbing
