There are just few well know and established exchanges that have a very strong cryptocurrency infrastructure and security, which are obviously among the most important features of an exchange, in company with having a wide volume of proposed coins.
There are a lot of new coins coming into the market place, Due to the high risk experienced by cryptocurrency investors, new comers tend not to participate in this high value type of investment, as the value of their investments tends to drop tremendously, leading to loss.
Finally the solution is here, the risks with trading altcoins due to their volatility is taking away from you in an affordable way, with a minimum fee.
Welcome to "BITRUST"an Ethereum based affordable, decentralized, easy to use peer-to-peer (P2P) cryptocurreency insurance marketplace, a blockchain-leveraging smart-contract technology. The aim of BITRUST is to be affordable to digital currency investors at a retail stage at a minimum monthly trading volume of $100 and maximum of $1000. Users (investors) will be granted access to the BITRUST platform in other to mitigate risk and create solution to the problems of high market volatility.
The Need For BITRUST
- The cryptocurrency market place is in need for an affordable solution to problems faced by regular cryptocurrency enthusiasts.
- The need for a secure and easy-to-use insurance solutions for cryptocurrency investors, to solve the problem of trading loses.
- The need to solve the problems of either old or new altcoin volatility.
BITRUST aims to deliver a project that will increase and endeavor our daily lives to be more involved in blockchain technology by the reduction of risks associated with cryptocurrency investments, in other ways allowing new and old project to flourish excessively for the benefit of the entire system. Due to the tremendous increase of Initial Coin Offerings, the problems of transparency, lack of investment protection, limited regulatory oversight and poor due diligence of investors suffered by the whole marketplace. What BITRUST is developing is an affordable, decentralized, peer-to-peer cryptocurrency insurance platform for retail investors who have limited, or no, trading background. Potential users of our cryptocurrency insurance platform would be able to bypass and drastically reduce the cost of applying risk management strategies in their investments through P2P interaction using smart-contract technology. This is a better way to solve these extreme conditions create enormous volatility, which puts off many potential investors from purchasing currencies and, consequently, supporting the blockchain technology movement.
How it Works
The system works with the ethereum smart contract technology, whereby transactions will only be executed due to agreement made by both parties. Transactions made within the BITRUST platform requires both the buyer and seller of the insurance to lock their funds either in form of BITRUST (BTF) token or tokens allowed by the BITRUST platform. The contract lasts for a certain amount of time and some benefiting conditions, which is executed in a decentralized and automated way eliminating all problematic and fraudulent acts.
Token Utility And Value
The BITRUST token will be recognized as BTF, and there will be a charge of 0.1% fee against any locked smart contract on the BITRUST platform either in BTF or other recognized cryptocurrency. The platform will also reward early investors.
You can also get for information about BITRUST on the following:
BITRUST Website
BITRUST Facebook
BITRUST Twitter
BITRUST Telegram
BITRUST Whitepaper
You can reach me on bountyhive with username @xpency, also register on bountyhive here