Want A Hassle-Free Trading Experience? Try Bitsgap Cross-Exchange Platform

Tallinn, Estonia, November 26, 2018 – Bitsgap has introduced a new platform that unifies both trading and asset management for more than 30 popular cryptocurrency exchanges. The service provides a unique experience for all traders - with a fully secure and reliably fast interface for cryptocurrency spot trading on the top cryptocurrency exchanges, the platform can access more than 10,000 crypto pairs.

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The rapid development of the crypto industry saw both the interest of investors and traders spike as well as the trading volume on exchanges skyrocket. Since the market was not prepared for such a customer inflow, issues around the provision of service soon appeared. The situation on the market also forced many traders to manage several exchange accounts while looking for the best trading opportunity.

“We noticed that crypto traders are experiencing difficulties searching for the best prices on different exchanges making not efficient trading decisions. Our goal became to implement a unified solution which will offer a hassle-free trading experience for everyone”, said Maxim Kalmykov, CEO at Bitsgap 

“With Bitsgap platform we also implemented risk management tools like Stop Loss / Take Profit, Arbitrage, and Portfolio tracking services to cover all the needs to trade and manage crypto assets.”

Bitsgap Bitcoin and Cryptocurrency trading

The Platform resolved most of the issues by combining all tools and services into one :

  • Trading. The trading platform itself demonstrates Bitsgap's focus on helping users to manage their trades in the most effective way by giving access to a comprehensive list of features. In a matter of seconds, a trader can switch between exchanges and pairs while staying on the same browser tab. 

    Users are free to trade on all supported exchanges - watch the rates in their local currency, move open orders directly on the charts, use the most common and useful drawing tools and oscillators for TA as well as compare price points on multiple markets. The platform also allows the user to observe different pairs correlation as well as execute trades with predefined Stop Loss & Take Profit order.
     
  • Arbitrage. The price for the same asset on exchanges may differ due to low capitalization and unregulated volatility can sometimes be high, allowing users to make hundreds of dollars from a single trade. Therefore, traditional arbitrage methodology which involves a withdraw and deposit procedure is somewhat outdated and often fails. The Bitsgap developed an effective tool to assist with a simple set up and instant arbitrage execution.
     
  • Portfolio. The live portfolio tracking allows traders to monitor recent transactions on all connected exchanges and provide a detailed summary of trading activity. The platform enables users to know exactly how much money they are making and highlight the most successful trades made in the past.
     
  • DEMO. The Bitsgap team brought trading closer to novice users and introduced a demo-mode that allows testing trading strategies in a risk-free environment on all the supported exchanges.

The best part of Bitsgap is that the service is surprisingly fast and importantly free to use. The support service resolves issues within a few business days and the team has prepared a detailed knowledge base with internal user tools to help on board new customers.

For more information about Bitsgap, and free account sign up, please visit www.bitsgap.com or send an email to [email protected]

About Bitsgap

Bitsgap is an Estonian based company, revolutionized cryptocurrency trading. The platform provides hassle-free experience in Trading, Portfolio Tracking, and Arbitrage with access to more than 30 major crypto exchanges and supports trading for 10,000 currency pairs. For more information or free sign-up, visit www.bitsgap.com

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OKEx's OKB Token Price Could See Impressive Growth, Blockchain Investment Firm Predicts

Shinobi Capital, a blockchain investment firm that’s invested in several early-stage start-ups, has predicted the price of OKEx’s OKB token could grow by over 1,500% until 2020.

According to a recently released report, Shinobi Capital sees the price of the OKB token, which can currently be used to settle trading fees, enter token-listing pools, and get rewards, skyrocket from the $1.8 its currently trading at to as much as $30 by 2020.

This, as the firm believes exchange tokens are going to be the “powerhouse of the development of the digital asset market and even blockchain technology,” according to its founding partner Jason Hill.

Shinobi Capital’s report reads:

…(I)t is expected that by the end of 2020, the price of OKB will reach USD30.75 and its market capitalization will be about USD7.068 billion. There is a significant growth lag in OKB at this stage, and the potential of price growth needs to be further released.

The report’s look into the cryptocurrency exchange’s token pointed out two important factors regarding its future performance. These were the overall state of the cryptocurrency ecosystem, OKEx’s buyback and token burning program, and the development of its OKChain blockchain.

Currently, OKB has various applications. According to the cryptocurrency exchange’s website the token’s can benefit from it through its trading platform by getting access to designated merchant privileges like better liquidity, having discounted fees on OKEx, and receive feed collected on a “Happy Friday Program” that sees OKEx share 50% of the fees it collects every Friday with OKB holders.

In the future, OKB holders will also have access to OKEX’s decentralized cryptocurrency exchange OKDex. These use cases have helped the token’s price grow over 170% this year, from $0.66 to little over $1.8 at press time.

Hill added that following the launch of various tokens through initial exchange offerings (IEOs) in the first half of this year, the market is ready for a new bull run. He stated:

OKB, as a market leader of exchange tokens, is also welcoming its own uptrend. Backed by a number of use cases and a large user base of OKEx, OKB has demonstrated a huge potential of growth.

Shinobi Capital’s report also goes into other major blockchain platforms, including EOS, Binance’s BNB, and TRON, by establishing a comparative evaluation model between them and the OKB token.

As reported on CryptoGlobe, OKEx itself published a blog post in April of this year arguing that while bitcoin isn’t cash, it could serve as a better store of value than gold. Per the exchange, a store of value is worth “what people are willing to pay for it.”

 

Important information: please remember that the value of investments, and any income from them, can fall as well as rise so you could get back less than you invest. If you are unsure of the suitability of your investment please seek advice. Tax rules can change and the value of any benefits depends on individual circumstances.