Bitcoin.com is a company that arranges Bitcoin-related web portal and provides services related to Bitcoin and Bitcoin cash like selling, purchasing and storing Cryptocurrencies. This company also provides a mobile wallet for both. Along with all these money-related services, the company also features the latest news regarding cryptocurrency, widgets, tools, charts, online shop, and now exchange service as well.
It was in August that the then CEO Roger Ver announced that the company will be launching a cryptocurrency trading platform in September; according to him, the exchange would aim to provide user-friendly trading services and offer high liquidity. Ver said that the company always tries to make Bitcoin cash and other assets more easily accessible to the general public and investors. The company has launched the digital asset exchange as per its announcement; this exchange will have base currencies such as BCH, ETH, BTC and USDT (Tether).
How It Plans To Help The Crypto Market?
The exchange will not only promote Bitcoin Cash but will also provide support to tokens which are based on SLP (simple ledger protocol). Bitcoin.com will also bring out promotional benefits to promote its exchange platform. The exchange will securely buy, sell and help users build their cryptocurrency portfolio.
Some new offers the company has is VIP trading, Prize pool, and Priority Mailing List.
1. In the VIP Trading section, people will enjoy a 25% discount on all trading fees for 3 months.
2. Prize Pool is exclusive to pre-registered accounts and this allows members to enter a $10,000 prize pool.
3. The company also has a priority mailing list so that its users are the first ones to hear about live trading.
The assets Bitcoin.com is dealing in are Bitcoin Core, Bitcoin Cash, Ethereum, XRP, and Litecoin. In this exchange program, the exchange is secured by 2FA, IP Whitelisting, cold storage and more. The company has also got a 24/7 in-house support where experts will answer questions. The website depicts Market Capitalization, that is, the approximate value of Cryptocurrency. The Market Capitalization of a Cryptocurrency is determined by multiplying the number of the token by its current price.
Bitcoin.com & Its New CEO
Bitcoin.com has a new Chief Executive officer, Stefan Rust; Roger Ver has left the post. However, Ver will continue to work at Bitcoin.com’s executive chairman wing. It was Ver who created Bitcoin Cash after splitting on Bitcoin’s Blockchain. Some were in favor of increasing the block size of Bitcoin’s blockchain but many were against it as well. He also spoke that Bitcoin.com hopes to increase the quality of its products to reassure user and this company is an institution they can trust.
What are Binance and Coinbase?
Binance is a global cryptocurrency exchange that provides a platform for trading more than 100 cryptocurrencies. Its founders are Changpeng Zhao and Yi He, and together, they have made Binance the largest Cryptocurrency exchange with a Binance Coin (BNB).
Coinbase is another digital currency exchange located in California. In August 2019 Coinbase issued a statement stating that it was being targeted by a hacking system, the security team at Coinbase however blocked the attack and no currency was stolen. It has two main products GDAX (Global digital asset exchange) and API (for developers and merchants)
Both Binance and Coinbase will face a competition with Bitcoin.com in terms of exchange of cryptocurrencies because of the grown in market capitalization and an increase in crypto tokens.
The exchange is proposed to be including professional charts with timeframes, technical indicators, and real-time traders to know the market depth. Users simply have to register themselves with exchange.Bitcoin.com and they will be able to deposit, trade, and withdraw their favorite assets instantly. The interface is designed keeping in mind the professional-grade trading platform to trade currencies in a secure environment.
Bitcoin.com promises to offer a world-class cryptocurrency exchange platform which would help people trade virtual currencies with confidence and security.
Tags: Cryptocurrencies, Bitcoin News, Cryptocurrency Exchange, Bitcoin Cash, Trading Platform, Coinbase, Binance, GDAX