First impression SpaceBTC trading platform

in #exchange8 years ago

So I decided to check out the new SpaceBTC (https://spacebtc.com/ - this link doesn't contain affiliate link!) trading platform. They are London UK based with offices in London ,Moscow and Sevile I believe. What made me wanna check it out is a recent article on cointelegraph.

For start the homepage looks rly great!

The exchange page does have a nice design and offers levrage, setting stop losses, taking profits and trailing stops, which I like to see. They are simple to use and have a short but clear description which i find very important for new traders to understand properly.

Then theres the "Change" tab, nothing rly special to see there, i guess just market trades, unless i got it wrong and it serves some higher cause, totaly unnecessary IMO.

The my wallet page looks pretty nice, transaction history right underneeth each coin, very nice and easy to navigate

Trade history, another cool page on this exchange, definitly admit liking this one, it shows ALL orders, partially filled, filled, accepted and cancelled ones, and also has the option of opening new orders.

The API's! u'll notice they have 3 types of API's. HTTP API, FIX API and WebSocket API.
WebSocket API is basicly reciving real-time trading data

HTTP API is for web and desktop applications such as bots and anyone can get one.

FIX API they say is for algorithmic trading (this is the feature that initially got my attention :))
I don't know much about it, haven't tried it out yet so that i don't state anything wrong here's how they describe it on the page.

They've got a affiliate program running, and even setup a nice tracker for it

The fee's are 0.05% for maker and from 0.18% to 0.06% for taker, depending on the costumers 30 day trading volume. There's also a market maker bonus period.... not exactly sure what they mean with that one, but hey, bonus is bonus!
The transaction fee's are pretty low and ok (IMO) for withdrawals and deposit of cash, althou the BTC withdrawal fee is a bit higher then I'm used to see.

I spent some time on the site, did a few trades, the site loads fast, has a nice design, some cool features, reasonable fee's, doesn't lag.
I'm finding the Stoploss and take profit features very handy and easy to use. Gives u a simple way to plan ur trade ahead and enjoy ur day without needing to look at the charts or turning on any extra software.
Looking foward to see what can be done with the FIX API thou! I think this one might bring them some amount of users.
All in all a fairly decent looking and working exchange, not much liquidity as for now but I would definitely recommend checking it out! I hope this exchange will pick up in volume a bit, would like to be trading on it on a more frequent basis. :)

I guess I'll leave my affiliate link here incase anyone wants to use it https://exchange.spacebtc.com/reg/1298
(not sure if its allowed, if not I'll gladly remove it)

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The interface visually looks easy to navigate and that is good for new users, I'm a fan of all affiliate programs so that's another pro. If they accept USA I will definitely signup and test the platform, thanks for the share. Will use you affiliate link! (UpDATE) Just signup It's super slick!

u can also switch the user interface to white, forgot to mention that!,,
Tyvm

Cool, I will toggle around with it..thanks man!

Similar to SP, SMD tokens cannot be purchased directly on an external exchange. SMD are primarily earned through contributing but can be purchased by converting STEEM tokens to SMD tokens.

Actually Steem Dollars can now purchased on external exchanges !
https://poloniex.com/exchange#btc_sbd
https://bittrex.com/Market/Index?MarketName=BTC-SBD

PS Abbreviation of SBD = Steem Backed Dollars
or just SD = Steem Dollars (not SMD please edit)

Similar to SP, SMD tokens cannot be purchased directly on an external exchange. SMD are primarily earned through contributing but can be purchased by converting STEEM tokens to SMD tokens.

Actually Steem Dollars can now purchased on external exchanges !
https://poloniex.com/exchange#btc_sbd
https://bittrex.com/Market/Index?MarketName=BTC-SBD

PS Abbreviation of SBD = Steem Backed Dollars
or just SD = Steem Dollars (not SMD please edit)

Thanks for the review will check it out.

The interface looks killer! Seems like an easy to use platform. Really enjoyed this post! Thanks!

rly rly simple to use and easy to understand everything.For the lower tier traders whome are not familiar with Stoplosses etc there are descriptions which IMO explain it perfectly. Once liquidity picks up I'm sure it'l be a joy to trade onthere, althou i'd maybe like to see some TA tools. Glad You enjoyed the post!

I finally stumbled on real, complete and interesting article! Good job!That's what I personaly would like to read

Nice Review.

Excellent review! Looking forward to see more from you!

This is what is nice about steemit, where we can bring forth quality stuff that have real value and be rewarded with real value for it! Awesome!

Thanks! I will be posting alot about exchanges and trading so if u'r into those things keep an eye ;)

why would it not be allowed to post an affiliate link?? freedom of speech, forgot?
I signed up and I will give it a try even though im not sure if we need another exchange poloniex does a great job

ye I know, but I also know some people are allergic on refferal links,I also hate then someone just starts spamming them around without any good content

Looks good! Are there any indicators and oscillators available on this platform?

haven't found any, that would be rather cool if they'd upgrade the chart with some tools

What they have FIX API too? Bravo!

Its very sleek and has a lot of tools for traders from what ive seen. The only thing is market mover advantage is really hard to break with exchanges unless one fucks up and their customers run away.

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