Hello Steemians.
There is an exchange and derivatives platform I got to know about, with what I have seen and read so far, it is the big next thing. It is called BTSE.
It can be pronounced as "bitsie" and for those into oral English; /ˈbɪtsi/.
The platform is created to solve solutions to problems that people have been facing on other exchange platform, BTSE answers most of them.
BTSE is a multi-currency digital assets exchange and derivatives platform that innovates and delivers a one-stop solution bridging the gap between traditional fiat markets and the world of digital assets.
I looked into the team that founded
BTSE and I noticed that they are seasoned professionals that came together to solve a solution, which I believe should be the purpose of any platform: identify and solve a problem.
The Team:
Jonathan Leong [CEO]
Brian Wong [Co-Founder]
Joshua Soh [COO]
Yew Chong Quak [CTO]
The services the platform offers the traders is for them to get services that they have been unable to get from other exchanges.
Our ethos is to tailor BTSE towards fulfilling the needs of professional traders and institutional investors by providing usability and reliability on a platform with high liquidity and fast settlement, all in a trusted environment.
The main aim of writing this is to introduce you to the BTSE token, they have just successfully completed the private sale of the BTSE token and they would be launching a public tokensale for those interested. Interesting isn't it?
This is for those that are interested in getting the native exchange token with the aim of using its features in the exchange platform.
It is to be noted that the much expected BTSE token sale will take place on March 5th 2020, 1PM UTC. The interesting part is that the asset would be listed on the exchange within two hours of sale completion. Now how cool is that? Just two hours.
The initial sale price of of the BTSE token is $2 and users can purchase a minimum of one and a maximum of 25,000 tokens, although the users must be verified to purchase the tokens.
To know more about the token sales, check here
The token is not useless, got it's own uses which gives it the probability of it mooning in the nearest future
With the BTSE token, you can save up to 60% on your trading fees depending on your token holdings and trading volume.
Increase your referral bonus up to 40% based on your token holdings.
Unlock bonuses during campaigns and contests.
Enjoy increased limits and rebates on selected services.
You will be able to use the BTSE token to purchase a variety of products and services within the BTSE ecosystem, such as Platform Services, Advanced Trading Functions, Listing Fees amongst others.
You can trade the BTSE token on BTSE's spot market and use it as collateral and margin on all your trades.
This launch is particularly exciting and groundbreaking for the team because BTSE is the first exchange token running on Liquid, a Bitcoin sidechain-based settlement network for traders and exchanges. This gives BTSE inherent benefits:
Confidential Transactions: Liquid levels up your privacy by blinding transaction amounts and asset types.
Fast Transactions: Liquid blocks are produced every minute, and each transaction is finalized within about two minutes.
Inter-Exchange Settlement: Liquid’s inter-exchange settlement makes it easier and faster than ever to move funds between member exchanges.
You can read more news and updates of the site by clicking on here
All pictures used are screenshot from my phone gotten from the main site