A New, Reliable, and Safe Trading Platform—Coinsbit
Coinstbit, the crypto exchange that boasts high performance, strong security, and advanced interface, has launched an exchange platform that will enhance the facilitation of the activities it undertakes with regard to cryptocurrency exchange.
Even with the soaring popularity of the blockchain technology, there are people out there who might not have heard of cryptocurrencies and the blockchain technology. As more coins join the market, there is a great need for more trading opportunities. This leads to the creation of cryptocurrency exchanges. The already existing exchange platforms such as CoinMarketCap (CMC), have quite a number of coins listed on their platforms. Currently, there are nearly 500 crypto exchange platforms.
In the interest of reliability and safe trading on crypto exchanges, Coinsbit analyzed the situation on the existing platforms and came up with features that make a crypto exchange reliable.
Requirements of a Perfect Crypto Exchange
Any crypto exchange in the market operates under some basic, simple, market rules:
- Should be a registered legal entity
- Should have a high level of security for transactions and users’ information
- Should have great customer support services
- High transaction speed
- Low transaction fees
On the Coinsbit platform, traders have vast opportunities that make it reliable, legit, and secure. The following are some of the pillars that support the operations at Coinsbit.
Single Page Application
The Coinsbit website loads faster, which saves users time. Besides, when a website loads faster, it does not overload the server.
Traders utilizing the Coinsbit platform could easily conduct transactions with other traders at no cost. This enables the trading server to perform better. With its fast transaction speed, Coinsbit processes up to 10,000 trading operations every second.
Coinsbit is OWASP Top 10 standard compliant. As such, it stores all the financial assets in cold wallets where they are hack-proof and safe.
The Coinsbit customer service team operates 24/7 and supports up to seven languages including English, Japanese, Chinese, Indonesian, German, Spanish, and Russian.
This feature enables the platform to perform a faster verification process
Coinsbit is licensed to conduct trading operations in the EU
The Strategy for Future Development
The primary objective of the crypto exchanges should be to meet the demands of the market. Security of digital assets, functionality, speed, and other trading intrigues should be looked into to provide users with the best opportunity for trading cryptocurrency.
Coinsbit plans to step up its operations by introducing a margin trading that embraces a 1:2 or 1:3 advantage. It also plans to introduce crypto loans in US dollars (USD) and USDT based on the security of the cryptocurrency. Coinsbit will conduct the loans directly on its platform.
Coinsbit also plans to implement crypto funding, which will allow users to earn cryptocurrencies on their deposits used to fund margin trades. Also in the pipeline is the introduction of the hybrid system, which will facilitate a partial transfer of trading pairs on a distributed mechanism to boost the security of traders’ financial assets. For the team behind Coinsbit, the prime objective is to get the opportunity for listing on CoinMarketCap.
Learn more about Coinsbit on their official website.