Bitsive Exchange

With the growth of cryptocurrency becoming increasingly evident by the day, more people are finding themselves lost on which platform is best for them to begin the buying and selling of the virtual assets. Currently, there are dozens of cryptocurrency exchanges to examine across the market, and the features tend to vary regarding the levels of investments and cryptocurrency.

What Is Bitsive Exchange?

BITSIVE Exchange is an example of a platform that could help cryptocurrency grow and gain widespread adoption through their solution. The cryptocurrency exchange brings out the best of centralized platforms, over-the-counter exchanges (OTC) and decentralized exchanges to come up with a hybrid exchange that overcomes the typical problems facing crypto exchange platforms.

Bitsive Exchange Crypto Trading Bots, Tools & Charts Features

Charting

Bitsive will provide sophisticated charting tools to enable accurate monitoring of crypto price trends. These options will include different chart types such as big bold chats, chart mapping tools, custom indicator charts and much more.

Bots

Different analysis bots make up Bitsive's bots portal. With these bots, users can automate trades, strategize their investments, build their portfolios and also learn from past investment mistakes.

Tools

This category comprises of multiple options or functionalities for the user's access. These features will include fiat deposits, withdrawal options, trading statistics, news feed, and notifications.

Bitsive Exchange Benefits

Security

Bitsive prides itself on using several advanced security measures to become a different exchange. Use of smart contracts, time lock algorithm, contra protocol and a real-time settlement feed indicate the exchange's efforts towards validation of transactions, identities, and accounts. Implementation of the zero-day protocol plus the Proof of Concept mechanism also allows for the security of trading.

Mode Of Purchase

Bitsive offers little options regarding a method of purchasing the SIV token within the platform. However, the exchange only requires a deposit of BTC or ETH before joining the platform.

Token Support

At the moment, the Bitsive exchange supports BTC, ETH, and SIV as the lead tradable assets. Little information is available on whether the transaction has a significant variation to the cryptocurrencies it supports. Regardless, Bitsive would not make an ideal choice for investors with a risk appetite of purchasing different cryptocurrency tokens.

Fee Structure

The transaction fees in Bitsive are said to be negligible although they do indicate that using the SIV tokens would get users a 60% discount on the charges.

User Interface

Plenty of the Bitsive operational platform is yet to be developed, and from the outlook of the roadmap, we may have to wait till Q1 of 2019 to get to see the interface of their hybrid platform.

Bitsive Exchange SIV Token ICO Details

Parameters Of The ICO

  • Pre-ICO: 9th July 2018 – 30th August 2018
  • ICO: 1st September 2018 – 2nd February 2019
  • Ticker- SIV
  • Platform- Ethereum
  • Total supply- 100,000,000
  • Price- 1 SIV= $0.79
  • Accepts- ETH, BTC
  • Minimum purchase- 0.1 ETH
  • Maximum purchase- 100 ETH
  • Hard cap- $10,000,000
  • Soft cap- $800,000

Distribution

  • ICO- 68%
  • Pre-ICO– 21%
  • Team- 5%
  • Founder- 5%
  • Bounty- 1%

Bitsive Exchange Conclusion

Overall, choosing the best cryptocurrency exchange could make the difference in your virtual financial investments. Bitsive exchange presents itself as a unique solution with different ways of ensuring the necessary security precautions and build the user experience. Still, we cannot know for sure whether it would live up to the hype or turn out to be a low-quality exchange.

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