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The blockchain technology has recently gained a great popularity and there are unlikely people who haven’t heard about Bitcoin and cryptocurrencies. The more coins enter the market, the more trading opportunities should be provided. In this case, crypto exchanges come into play. CoinMarketCap has over 200 trading platforms in its rating list. In fact, there are over 500 exchanges to choose from. Coinsbit has looked at the existing trading platforms and marked out key features that reliable and safe crypto exchange should have.
Key features of a perfect exchange
The rules for any exchange in the market are simple: registered legal entity, high level of security for transactions and users’ personal data, customer support, low transactions fees, high speed of transactions and more.
Coinsbit exchange provides traders with a wide range of opportunities that makes the platform legit, reliable, and secured:
Single Page Application
The exchange website doesn’t require much time to load and don’t overload the server.
Platform’s users can perform transactions between each other without the transaction fee;
High performance of the trading server
Transactions are fast and do not require much time to be confirmed. The exchange process up to 10.000 trading operations per second.
The platform complies with the OWASP Top 10 standard. All financial assets of the traders are stored on cold wallets.
Coinsbit team provided a 24/7 support in English, Chinese, Japanese, Indonesian, Spanish, German, Russian languages;
Fast user’s verification process;
The exchange has a license to make trading operations in the EU.
Road for the future development
Exchanges should constantly evolve in accordance with the market requirements. Security, functionality, speed – everything should be developed with time in order to give users even more opportunities for trading crypto. By the end of 2018, Coinsbit is planning to introduce a margin trading with a 1:2, 1:3 leverage, cryptoloans in USD and USDT on the security of the cryptocurrency directly on the exchange, cryptofunding to make earnings on deposits in cryptocurrencies in the financing of margin trades, and hybridity in order to transfer part of trading pairs on a decentralized mechanism to increase the security of traders financial assets. One of the main goals of the team is to get a chance to be listed on CoinMarketCap.
More information about Coinsbit is available on the official website.
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Source : Bitcoin