New BitInka Crypto Exchange Platform Adds FX Trading Features for Latin America Users
BitInka’s New Crypto Exchange Platform Adds FX Trading Features To Increase Options For Its Latin America Clients
BitInka, a top tier crypto exchange for the Latin America cryptocurrency community has added new features to improve trading within its platform. The crypto project will now be able to facilitate fiat to altcoin exchanging while scaling options to include stop losses & market orders.
The BitInka Advanced Platform
This new network developed by BitInka is accessible to thousands of crypto enthusiasts. According to the firm’s CEO, Roger Benites, BitInka is venturing into the new era of trading digital assets. They plan to add more trading pairs to attract more users in future. In his own words, Mr. Benites stated that,
“With this new platform, BitInka enters the advanced world of trading, offering all the tools that expert users require. Moreover, we are also including new tokens and cryptocurrencies every week, we aim to become the largest fiat trading pairs in the world. We expect to have over 50 tokens paired with fiat currencies by the end of 2018.”
The advanced features added to the BitInka crypto exchange platform according to its team are;
- Limit Orders; Clients will have the flexibility of setting a desired execution price. This will depend on the price movement of a digital security to minimize losses or take profits if price hits a certain mark.
- Market Orders; Users can be able to quote prices on the digital currencies based on the prevailing market value whereby orders are executed as per the order book. This can significantly reduce the volatile crypto atmosphere.
- Stop Loss; Just like in FX markets, crypto traders will be able cut losses by choosing to sell their digital assets at a specific price mark if the price action is not in their favor.
In addition the BitInka platform will also include the ‘fill or kill’ & ‘take profit’ features within its ecosystem. The two tools are useful in reducing the risk users have to bear when actively trading their coin portfolios.
At the moment, BitInka platform users can sell or purchase a variety of 14 crypto coins. The platform’s competitive edge is support for a good number of fiat currencies. They include Yuan, Euros, USD, Bolivian peso, Brazilian Real, Soles & the Colombian peso.
The Chief Operations Officer BitInka, Walter Salmeri expounded on the fundamental value in the firm’s new milestone,
“With the new trading platform, BitInka is making an important and essential step in its history. Our users would be able to enjoy all the trading options in their local currency but this time they would be able to do it, if they want to, in a professional way, in a platform prepared for everyone: those that are just starting with cryptos or those that have experience.”
As of press date, BitInka enjoys a top 90 positions in trading volumes amongst the existing coin exchanges. The platform facilitated the transaction of roughly $3.75 million within the last day of trading.
Trading pairs moved in large amounts via this network right now are BTC/EUR & BTC/USD.