BitValve wants to do make the Platform among the largest P2P cryptocurrency exchange platforms in the world. To achieve this, the Company will be guided by three major goals:
- making the global exchange of cryptocurrencies affordable, accessible, fast, easy and secure;
- increasing the trust in exchanging cryptocurrencies through P2P technologies;
- providing traders of cryptocurrencies with a “one-stop shop” solution allowing them to trade with cryptocurrencies in the most efficient way.
Solution
The Platform aims to utilize the benefits of decentralized exchanges, while, at the same time, eliminate the drawbacks of the current decentralized exchanges:
Up to 50% less fees
Professional Traders who will pay the commission using their BTV Tokens will pay 50% less commission fees than the current competitor exchanges. Traders without BTV Tokens will pay 20% less commission fee, payable in any cryptocurrency.
Multi Cryptocurrency Support
BitValve will be the only P2P exchange that will support many cryptocurrencies for trading. Those will include, for example, Bitcoin, Ethereum, Bitcoin Cash, and Litecoin. We will add new cryptocurrencies monthly, according to the market demands.
Crypto to Crypto Trading
BitValve platform will also allow Crypto to Crypto trades. We will provide our traders with the option to trade one cryptocurrency for another. Since the Platform will support many cryptocurrencies in user’s wallets, the Crypto to Crypto trade will be made entirely and securely through the Platform
Unique UX and UI designs
Our exclusive website design will offer a better user experience for BitValve traders. Our goal is to design and develop a platform that will be easy to use, trouble free, straightforward, and novice friendly.
Official Mobile Apps
BitValve’s official mobile applications for iOS and Android will provide traders with instant and uninterrupted platform access. Users will be able to act and respond on trades from anywhere by using any device with our secure applications.
Enhanced Security and Availability
BitValve will implement latest security measures and techniques, thus ensuring security of the trade transactions. The Platform will also become available in the Onion network in order to ensure anonymous and uninterrupted access.
24/7 Support and Dispute Resolution
BitValve’s support team will be available 24/7 on live chat, email, telegram and BitcoinTalk to ensure the best trouble free experience for its traders. Dispute resolution will be handled by law professionals at no or affordable cost.
Platform compared to others
There are currently 2 major P2P cryptocurrency exchanges on the market. Below, we compare the features of those exchanges with the features that the Platform will support.
The Platform
The operation of the Platform
BTV token
The BTV token will be created on an Ethereum platform which follows the ERC-20 protocol. ERC-20 protocol is a widely used protocol for blockchain developers across the world. ERC-20 includes a list of rules which Ethereum tokens should implement.
The BTV tokens will be blockchain assets having value which can be received and sent to any person with a valid wallet address. The BTV tokens will be available for trading on various cryptocurrency exchanges.
If a user would like to pay Platform’s exchange fees by using BTV tokens, the average market value of the BTV tokens will be applied for payment purposes.
The allocation of BTV tokens
All BTV tokens will be distributed into five major groups, namely, Investors, BitValve Ltd, Risk Mitigation, Advisors and Bounty, which will get the following percentage of the total number of BTV tokens:
Investors: Investors will receive a large portion (70%) of all BTV tokens because the financial resources provided by them will be of utmost importance for (i) the launch of the ICO and (ii) the development of the Platform and the associated BTV token.
BitValve Ltd: BitValve Ltd will receive 15% of all BTV tokens in exchange for setting up, organising and managing the Project.
Risk Mitigation: 12% of all BTV tokens will be stored for risk mitigation purposes. The Tokens will be traded only if extra funding is really mandatory.
Advisors: Some of the advisors will receive 1% of all BTV tokens for providing advice in relation to the Project, such as business, marketing, technological, and legal advice.
Bounty: 2% of all BTV tokens will be used to reward influencers who have spread information about the pre-ICO and the ICO through various channels including, without limitation, social networks, online news, and blog posts.
Use of the funds
Roadmap
Sep 2018
Idea development and market analysis
Oct 2018
Start of Whitepaper drafting
Nov 2018
Launch of Website and ANN Thread
Jan 2019
Launch of the Pre-ICO
Mid Jan 2019
Development of MVP
Mar 2019
Launch of the ICO
Apr 2019
Development of Smart contract and distribution of the BTV Tokens
May 2019
Official Launch of BitValve Platform
Aug 2019
Development and Release of iOS and Android Apps
Links:
Website: https://www.bitvalve.com/
Whitepaper: https://www.bitvalve.com/Whitepaper.pdf
Facebook: https://www.facebook.com/bitvalvep2p/
Telegram: https://t.me/bitvalve
Twitter: https://twitter.com/bitvalve
Reddit: https://www.reddit.com/user/bitvalve
Bitcointalk ANN thread: https://bitcointalk.org/index.php?topic=5071331
My BitCointalk profile: https://bitcointalk.org/index.php?action=profile;u=1030341