BlockTrades Update: New Cryptocurrency Accounting Steem

in blocktrades •  5 months ago

It’s been a while since my last post, so I thought today would be a good time to share information on one of the projects that’s occupied a lot of our time over the past few months: our new accounting system.

As our US customers will know, we just recently passed the deadline for filing US income taxes. While BlockTrades itself is a Cayman Islands company which doesn’t get taxed, its shareholders do have to pay taxes, including taxes on profits from the company. To compute those profits as efficiently as possible, both now and in the future, we decided to create software capable of automating all the bookkeeping for our company as well as software for catching accounting problems and mistakes by third party vendors.

Unlike most companies, BlockTrades deals exclusively in cryptocurrency, not only with its customers, but also with its external contractors. BlockTrades doesn’t even maintain a bank account. In the cases where it does need to pay someone in a fiat currency, it works with an external payment agent that sells off the cryptocurrency for cash to make the final payment.

As a result, almost all incoming payments and expenses for BlockTrades are recorded in blockchain records that can be analyzed via software (except for deposits/withdrawals and trades on external exchanges, but these records can also be imported as computer records). This means that we don’t have to manually enter things like check payments into an accounting package: any payment we make or receive via any of our blockchain wallet is automatically accessible to our accounting system.

Steps to build a blockchain-based accounting system

In addition to the accounting research involved in developing our new accounting system, it also required a fair amount of software to be written. Here’s some of the software pieces we had to build:

Blockchain Scanners

The most difficult work was to develop the blockchain scanners. We needed a scanner for each blockchain we operate with in order to import transactions from the wallet into our common ledger format. This job was particularly challenging for graphene-based blockchains such as Steem and BitShares because of the large number of operations. For example, Steem not only supports payment transfers, but also author rewards, curation rewards, mining rewards, SBD to Steem conversions, and interest from SBD, just to name a few. The scanners also have to account for blockchain transaction fees. We already had partially-written scanners that are used by our trading system to recognize customer payments, but adding support for the all extra operations and converting the data to a common format was a lot of work.

Exchange record translators

A translator for each exchange we operate on, to import deposits/withdrawals and cryptocurrency trades. Different exchanges have different formats and they don’t always even supply the same data. One of the more difficult aspects of writing a translator for an exchange is to be sure you correctly account for the trading and withdrawal fees they charge.

Exchange cross-checking software

We developed software to cross-check transactions made on blockchains versus the import/deposit records from exchanges (for example, this code detects when an exchange failed to credit us for a deposit or debited us for a withdrawal that never really happened)

Code to compute balances in hot wallets for all coin types

Virtually every blockchain wallet can report the current balance in the wallet. But many blockchain wallets don’t report old balances, especially wallets that support more complex operations (e.g. BitShares, Ethereum, Steem) to name a few. But many financial calculations require the ability to report an account balance at any given time.

Mark-to-Market accounting software

Mark-to-market accounting is useful for computing trading income when you are doing large numbers of small trades like our web site performs daily. With mark-to-market accounting, instead of doing a capital gains calculation for each trade, you just compute the net value of your holdings at the beginning and ending period of time (offseting the result by any funds transferred in or out of the mark-to-market accounts). Our mark-to-market accounting code computes profit over a period by computing the value of each of the hot wallets connected to our trading site at the beginning and ending of the specified period (using the balance computation code described above to get the balance at each time point and historical pricing information for the coins) and subtracts inflows/outflows due to operating income and expenses.

Capital gains calculator

For our long term holdings, instead of doing mark-to-market accounting, we perform more traditional capital-gains based income calculations in order to defer the point at which we need to recognize income to the time at which we realize the gain by selling the asset. We developed a capital gains calculator that performs lot assignment on trades so as to minimize realized gains for trades made in our investment wallets. The capital gains calculator also computes the gains after the lot assignments are made and convert these gains into our “functional currency” for tax reporting purposes (US dollars).

Reports and Graphing code

We developed a web-based front-end to our accounting system that can show things like balances over time in coin amounts and equivalent USD value as well as daily income from different sources such as mining, delegation, etc.

Internal transaction cross-checking system

Finally, we wrote code to check all our trades from our web site versus the records in our blockchain wallets and to compute unrealized gains and cross-check our financial results against a fully mark-to-market based accounting.

Looking Forward

At this point, most of the work above is done, although we do have a few things to finish up when we get some time. It took us a long time to develop this system, but it gives us a tremendous amount of confidence in our financial reporting to have a robust system in place that’s not subject to the amount of human error involved in a standard accounting system. And while it’s not really appropriate for sale at this time since most companies still do most of their transactions via fiat payments, we will be keeping an eye out to see if there’s a point at which we may want to commercialize the software beyond our own internal usage.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

I particularly admire the Exchange cross-checking software, this is because many times I've been a victim of being debited for a transaction that never really take place. My bank does this like a normal act. I even changed bank but the situation has not improved. I've had to go to the bank every now and then to submit application letters. WHAT you have done is a very ingenious act. Welldone

·

We actually found a few hundred thousand USD worth of crypto mistakes in favor of exchanges when we ran our accounting software over the data that we're now working on getting corrected.

·
·

The fact that you are working to get it corrected is amazing. I think facts like this build customers confidence in you. No wonder my friends have serially recommended you whenever I mention Crypto exchange.

Sincerely, with this level of transparency, you will continue to remain at the top as far as crypto is concerned , just watch.

·
·

So will people end up being refunded? Is that what you mean by working on getting corrected?

·
·
·

I mean our new system found outstanding transactions where we are owed funds by an exchange and we are working to get those funds paid to us.

·
·
·
·

WHat if by "people" she was asking if YOU were going to get refunded? Hah just kidding man :D you guys guyzsz at @blocktrades are the LARGEST active Steem account that actually TALKS to steem users, did you know that??? Look at the list on mysteemitfriends.online and youll see how small the list of people is and youre in the very top 10 and youre the ONLY one that really talks to people besides @thejohalfiles who is also great and talks to people directly and is even on https://steemspeak.com discord right now the oinly 24/7 steem discord with always someone on the voice chat

·
·
·
·

Thank you for clarifying! Awesome that you spotted the errors and will hopefully be reimbursed :)

·
·
·
·

Congrats, you made the #steemitminute for today!

Click the Image Below to see the Video!

Loading...
·
·

Hey folks I executed a trade with you 17 hours ago and it has still not shown up. Any ideas?

·
·
·

ACTUALLY ME TOO

·
·

@blocktrades I transfered Transfer 211.344 SBD , a1d8270f-e274-4d39-a619-41a9443dbe0b . I got a failed transaction and SBD are still missing .

·

@penking , most informative. welldone

·

TRULY, I WISH I UNDERSTAND THIS!!

Great initiative! Your stakeholders including investors and potential auditors will be happy with the transparency in your records since it will be blockchain based. This demonstrates are great use case for blockchain based accounting applications for many other industries as well. Thanks for the information; I would love to know how this progresses as it is definitely an area of interest for me.

·

That's a great point: our ability to prove our finances from data on public ledgers is really a pretty radical idea in the current world where companies can easily generate opaque and outright deceptive accounting reports.

Ingenious how @blocktrades had managed to take a huge part in the steem economy. As a current SP lender, I'll be looking forward to your software updates :) Keep up the good work guys

This is great effort to produce all of it on previous month. No wonder that thr community loves using this exchange. I, myself, personally use this and recommend it to my friends. Excited to see your growth in the future. Great job @blocktrades

·

Seeing. This recommendation, I wish I have someone who can help me understand the flow and also assist me to grow.

·
·

I can assist you in selling STEEM or SBD but not in fiat withdrawals because it is different in every country.
Buying STEEM and Powering Up
Steem (STEEM) Cash Out
Simplified Cashing Out from Steemit

To grow as Steemian, interact with the RIGHT PEOPLE ;) We can buy Steem Power from our own pocket if we want.
How to Buy Steem Power with Dogecoin

·
·
·

SURE, I NEED YOUR HELP PINAY, I AM A NEW STEEMIAN

·
·
·
·

I already provided important links. Now you can post ONCE A DAY about your daily activities at https://ulogs.org check out #ulog posts to learn about #ulogs ;)

·

right bro

Breaking new ground in blockchain accounting. Congrats. These capabilities will become more valuable across industry verticals as blockchains begin to integrate with various systems (finance, logistics, supply tracking, ordering, asset transfer, etc.). Well done. Keep pushing the envelope.

Having previously helped write complex software for international investment banks, I am acutely aware of what it can be like to work on such projects and the amount of variables that need to be monitored and carefully processed. I attempted to use the available online tools to record my own accounts across various exchanges not so long ago and the results were not impressive at all - partially due to the same problems you highlighted in your post. Any software that carefully solves these challenges is a definite boost to the entire industry of cryptocurrency and I strongly suspect you will have a lot of potential buyers if you do offer the code as a product for wider use. :)

·

This is good news for blocktrades I think. It's good they're taking care of their client's tax issue as well. At least there will be no issues in the future. We know what happens when tax becomes nasty.

I got my steemit from blocktrades today lol it works! :))

Thank you for the update and providing this crucial information. Businesses looking to build with an emphasis on cryptographic assets will benefit tremendously from you blazing the trail ahead.

Wow I'm glad to have used your service with this type of strong accounting system. It's great to have this process automated because I can't calculate it myself. Let us be honest though, is the IRS really good at understanding how much crypto tax you owe? I feel there is such a grey area here.

What about your plans to add more cryptos currency

·

We're working on adding a new coin right now, I hope it will be available in the next week or two. We don't pre-announce the coin, however.

Not only do you provide such a simple interface and process of conducting transactions. But you are actually implementing what used to be "ideas" of how the blockchain can be used. First few steps involve communicating with and searching a blockchain seamlessly, but to actually be able to write in a process where the actual act of conducting a transaction automatically allocates taxes, dividends, expenses, obligations etc...what a time to profit and be a part of such a powerful industry.

May I ask who blocktrades is? Are you a witness? If so what is the witness name to vote for?

As well why does it seem the exchange rate for Steem vs SBD seems a little off? Is there a certain way it is calculated at Blocktrades?

·

We are a witness. This is our witness account name (blocktrades).

We compute the exchange rate for SBD and Steem based on the market rate for both assets. SBD is worth over $3 USD at this moment, that could be the confusion point.

Hii today blocktrades not showing the steem in its sell option...

i used blocktrades for exchanging. blocktrades is a great projects. wish you all the best for your updates

Are you aware of a new exchange that is about to lunch also bearing blocktrade? Blocktrade.com

It is formerly hedge. I guess this will lead to a confusion of a sort in the future especially as both of them are cryptoexchanges.

Thanks.

It’s a great product. It would be nice if users could get thier blocktrades history by leaving thier username

·

I agree with you too.

Thank you for clarifying!

Thank you blocktrades!

So Exciting, KEEP UP THE GREAT WORK!!!

Very interesting project, BlockTrades.

good news for everybody and i still remeber that you upvote my first post , thank you for your sharing and always good luck to you and everybody.

@blocktrades its great that you are entirely fiat free. A dream goal for most of us. I really do enjoy using your exchange here on Steemit. To that end I was wondering what it would take for another cryptocurrency to be added to your list or pairs.
The coin in question is #smartcash, we have a #smartbot that tips anyone on steemit with smartcash. I have had 2 cases where the receiver had no clue how to get a #smartcash wallet (web, android and paper are available easy options).The number would be much higher when you consider the amount of smartcash tipping that happens on Steemit. I believe that if they could trade it directly for Steem or SBD there would be less chances of the help given not being useful to the end user. Thanks

I'd love to see this as a stand-alone product.

Like in my own case, I receive mining income, curation/author profits, buy into crypto from fiat, pay contractors, and rebalance my portfolio among multiple exchanges and wallets.

It's a mess from a basis perspective.

If I could input my addresses and have the cryptokeeper (you can use the name for an equity stake :)) program do all my crypto bookkeeping that would be fantastic.

What an outstanding service Blocktrades provides. .easy to use and so efficient
Thanks

This is fantastic. It actually makes for more reliable record keeping for companies. I never knew that BlockTrades was so advanced..

@blocktrades, what you guys have put together is simply amazing in it's scope. I believe you now have a software product that is going to set the standard for the future.

You didn't mention it, but does this new tool mean that you will be issuing 1099-DIV statements to your US customers? I noticed when I was putting this year's info together for my CPA that there was a question asking if I held any cryptocurrency. That was the first time I recall seeing that question.

Cheers!

this new software will make the blocktrades more transparent and safe to use, I have used many blocktrades and thank God I have never had a problem. Your service has always been fast, safe and transparent ..

God knows that I'm in love with the word you used to describe this system: "robust". This is the very same way I'd describe it. Or how else would anyone describe such a system who has put in so much effort, strategy and finances to develop such 'checks' to ensure that all transactions carried out are safe and free from the limitations and error tendencies associated with human accounting systems?

Robust is really the right term for bloctrades and I urge you to continue with your fine works.

Excellent work. This type of accounting and recording automation software could be extremely beneficial for business wishing to incorporate the blockchain into their systems. The Cross Checking software is definitely key to the success. I only hope the best for you.

I've been using and following to the progress of your site for a while now and it's great to see constant strides of improvement. Thanks for your dedication and time @blocktrades

Well as an Accountant that I am, (Even if I publish about agriculture in steemit)
I think it's a phenomenal job that nobody has taken very seriously and with the sole fact of being taxed, that the US Government is receiving tax money from profits, and with that fact, is a great step to move to the next regulation stage of critical currency.
Well accounting, a point has struck me, in fact the ideal is to determine cut dates to pay taxes in this case a tax period that goes from January to December covering a full year,
about the different sources of information that are in critpomonedas, I think it would be like having many portfolios of coins together and what would reflect unrealized gains or losses and on that basis would not have to pay anything, for the long term as you say , but for those made there if you have to pay taxes.
an accounting system that regulates this, wow that if it is a big smoke, a sinigual development, imagine how many banks or financial institutions would like something like that, that will facilitate their internal controls, as well as how many central banks that are thinking about using Blockchain technology as a work tool for example, to carry out its operations in the Gross Settlement System in Real Time, which is its core, which could be very interested in acquiring its wonderful tool, I think you should be aiming towards that market niche , that until now there is no such tool as described, just skipped about 5 years of experience with that, so good luck and perfect it to create the potential is beautiful, and great especially for Central Banks and banking institutions in general, but also for large investment funds that will soon be eager for a tool like that.
I thought it was great.
As I say, I'm an accountant even though I have an agricultural blog, that's why I have dared to tell you about this tool that I thought was great. Imagine that you make the first financial statements about pure activity and clearly for operations of critpomonedas, that does not exist yet, or Maybe, but I still do not see it, this will be a marvel of evolution for registering a new accounting principle. You have to go to the FASB to start working in this new field of financial accounting.
Thanks for reading, sorry for the English but I use a translator I speak only Spanish.
a hug, best regard @galberto.

The part of Blockchain Scanners completely swept me off my feet. Like wow!!! How can just one system have all these awesomeness?

Hi...can you tell me how much crypto this number is in USA money exchange. 0.065..thank you

·

Go to coinmarketcap.com for current pricing of any crypto; it will tell you how much one of that currency is worth in USD, then you just need a calculator. ;)

·
·

Thanks for helping me out. I appreciate you.

·
·
·
·
·
·
·

https://prnt.sc/jbq6sy

Phoenixwre, can you explain this screen shot to me please?

·
·
·
·
·

HI...can you tell me how much this crypto is in USD money? 0.001 and 0.065
Thank you

The steps to build a company based on blockchain through the role of software is very important, where a clear information system built and can optimally serve consumers.

good information and keep going..

Totally agree with this post...Help and support each other and the world as a whole--a better place...
creative job @blocktrades, thank you for sharing

El Steem Cada vez se ve mas en el mundo.
Cada vez existe la posibilidad de que el steem este pronto en el top 5 de cryptomonedas del mundo.

Your stakeholders including potential investors and auditors will be happy with the transparency in your notes as it will be blockchain based.This shows a good use case for blockchain-based accounting applications for many other industries as well. Thanks for the information.I want to know how this works because this is a very interesting field for me

Congratulations friends, great information ...

You may have built the foundation for a blockchain based enterprise resource planning (ERP) system that businesses could use to record their business transactions. The most complex component of an ERP system is the accounting engine. Your solution could disrupt current ERP solutions like SAP, Oracle, etc. A blockchain based ERP system may be less costly to acquire, operate & audit. Perhaps this is something that you could look into.

I AM MATENDE WILSON, I AM READY TO BE YOUR AMBASSADOR HERE IN UGANDA...WILL YOU SUPPORT ME??
256751236236

Looks like @Haejin will not use @BlockTrades anymore then. He likes to hide from paying any taxes.

Good to read this 😊😊

I hope your hard work will be success and you will get result very soon. This is new project.that is very good you are getting correct in account software.
All the best

What an beautiful post .Anyway, great work.
@blocktrades

hey @blocktrades the service you are providing is best. I just want to know that when you will enable 30 days delegation?

Let’s hope governments never realize for a long time the potential of the blockchain and extract every cent they can for tax purpose out of the little guy while leaving giant loopholes in for large multinational corporations.

Sounds like you guys have created a very powerful accounting and auditing tool set. Glad to see companies continuing to innovate. Makes you wonder what the future of accounting and accounting firms will look like. I can only imagen the kind of power a company using a blockchain approached accounting system would yield. That could have the power to put to stop early endless amounts of fraud and embezzlement.

I assume governments would not want to use such an approach for their own internal spending lol.

Keep it up blocktrades! I really enjoy using your service and I hope you will continue to be with steemit for a very long time.

This is fantastic, nice work BlockTrades. Given the complexities right now in being able to get the kind of information that taxation departments like the IRS require when declaring gains and losses from cryptocurrency, the cross-exchange checking functionality is brilliant.

What you're using blockchain for here is a prime example of how accounting firms and corporations can also apply the same principles to make their bookkeeping more reliable and transparent, especially as more companies adopt cryptocurrency.

I really hope the US Government (and other governments) seriously make the complexities in reporting cryptocurrency a little easier, it's an absolute minefield of complexity right now.

Although, far too many people stand to benefit from keeping taxation complex. This is why companies like Intuit and H&R Block always lobby against any legislation that makes filing taxes easier.

Always liked blocktrader, such an easy place to off load a steem or two so I can buy a cup of coffee

I've used your services before and it has been great experience specially in those days when Bittrex and Poloniex get overwhelmed because of huge traffic on their sites. This project of yours seems a step forward in accounting sphere. Good luck @blocktrades.

I wont really say , iv'e your posts before , this is actually the first time am opening your blog , and am very impressed about this idea o the creation of a stable accounting system which would be in charge of records and other valuables , words cannot express the way am thrilled by this post , but I will end with , this is really good man.

Hi nice article.....Keep writing that's like article and let's help each other also checkout my post click here

I love that every time they are innovating, good ideas that help improve the platform and the security of the steemit community. Thanks for your excellent contribution, continue like this, the cryptography revolution will change the world thanks to your contributions,

thanks for the information.
I am new in steemit, and I have never used block trades. this makes me new knowledge.

great effort.and thanks for sharing.but i want to add that bloctraders can not use their mastercard for their wallet.actually now a days bloctrading is a renowned way for establishing.so i think if this facilities are added then huge number of people would interested about it.

Why dont you consider using "Hashgraph"?

Great! 😁

I find this project very interesting. Good luck!!!

@blocktrades I noticed a Crypto company joined Steemit.. maybe you could help spread the word.. They are giving away free BRD tokens right now in a airdrop too..
https://steemit.com/crypto/@breadapp/brd-comes-to-steemit

Well Informative information. Well Done.

thank you sir for this kind of writing, very informative , i am waiting for your next writings, thanks a lot again

You have no idea (or maybe you do) how much easier you just made a lot of people's lives.

I once read an article about how in the future accountants will no longer be needed. That they would probably need to especialize in other fields such as financial advising, but it is technologies like this one what will make such a big change to happen.

The future is now, people.

This is amazing wish other company’s took care of their investors this way. Keep up the great work guys

i am trader , I noticed steem was going into the beautiful buy. buy steem now

A purely crypto-based company without any fiat bank account ...very inspiring indeed! Isn't an external payment agent for fiat conversion costlier than maintaining a fiat account in some bank? I mean, if there are too many to and fro conversions happening between fiat & crypto.

Secondly, I guess, your exchange record translator will always need editing if and when an exchange updates its platform and deposit / withdrawal fee. It would be great if it is compatible and can work seamlessly with major exchange platforms. May be you can do that with DEX platforms to begin with.

although I am not familiar with blockchain technology, but I am confident that the technology will actually be able to bring total transparency.

In contrast to what the bank does, which always asks more for each transaction, and not necessarily the transaction will be instantly confirmed

block traders is very good

·

Generic comments could be mistaken for spam.

Tips to avoid being flagged

Thank You! ⚜

Its amazing

@ciceron님이 당신의 글을 번역 요청했습니다

의뢰시간언어금액거래번호송금기한
2018-4-24EN → KO20.34 STEEMf2d1b4dc5b9c021ccc3b34105fde42732018-4-24 7:48
  • 현재는 베타 버전이며 단어당 0.02 STEEM의 고정단가를 적용하였습니다.
  • 송금기한까지 송금을 완료하여야 Steemit에서 활동하는 번역가가 작업을 시작합니다.
  • Steemit에서 콘텐츠를 간편하게 번역하고 싶다면 Steemit Translation by CICERON을 설치하세요.
  • Steemit 번역가 등록하고 STEEM으로 보상받으세요.

Powered by Steemit Translation by CICERON

How to use it .. I can't understand. Any tutorial?

Love your website. Everything is always clean, easy to find, fast, and simple to use. These incredibly challenging under the hood developments to improve our ability to report taxable transactions, simply marvelous. This is unlike any customer service I have ever encountered. They address potential problems before I ever find out about them, so I won't ever need to have to.

best app for view cryptocurrency stats and signals https://usignals.com

The development of blockchain technology is getting better and better.
I do not understand that and will study it.
Thanks for information @blocktrades

Thanks Blocktrades! Glad to see the website is becoming more and more user-friendly and safe (with steemconnect), and most importantly I can buy BCH everyday directly :p

Wow ! thats an awesome update @blacktrades thanks ! upped and resteemed !✌👍👍👍😀

·

You wrote "Black-Trades" Instead @blocktrades...

great initiative. A must use process

I transferred BTC 0.00057826 to block trade and I only received 2.160SBD which is not the equivalent.

Please help

·

At the time of your transaction, the BTC value of what you sent was worth $4.74 USD according to coinmarketcap.com. We sent $2.160 SBD, which was worth $4.71 USD according to coinmarketcap.com.

·

I guess the probable confusion point is that SBD != 1 USD on the market right now. Due to problems with the current pegging algorithm, SBD has generally been valued much more than $1 USD for a while now. At times it's even been over $10 USD in value.

The website is great, the fees are ridiculous.What's it set at, 20%? No, I don't expect anything for free, but its very frustrating the fees you pay for the convenience of just moving your money around.

Oh no, I traded my steem for ripple and the IRS says its a taxable event but I dont have any money to pay them! Only ripple! What a bummer for them, I didn't read anything on that page about forcing liquidation or accepting crypto as a currency.

Kindly follow it up
3GNF4VGBPUBzEVrgtig9Kns31m4PWA863e

·

Hi, if there was a problem with your transaction, please send an email to support@blocktrades.us

Hi. @j3dy recommended I get in touch with you. Not sure if you read my last two posts but I’m looking to start an online crypto publication that employs steemit users, all funded through upvotes from delegated SP. was wondering if that’s something you’d like to be involved in. If so let me know

Same like one
same like two
I like one
that is you
image

Woooow!. This is amazing. The scanner aspect got to me. That's a massive thing to do, seeing the various transactions that goes on within this blockchain. This is really amazing and highly impressive. This is good. Well done. It keeps getting better and better then. This is good news for everyone involved.

This looks very interesting.

Greetings @blocktrades ! I will take the initiative to make a Spanish version of this publication ... everything they have published is very important...

It's nice to know you are alive... lol

Hi,

I just do an exchange from steem to steem dollars with a reference 00629091-df8d-4eac-b738-7b6f1d7f6d78 but i didn't receive the steem dollars.
May be you can help me to resolve this.

Thank you in advance.

·

If you didn't receive, please send a support request to support@blocktrades.us.

·
·

already done, waiting for the response. thank you!

Wow . I wan to

I am happy to transaction by @blocktrades. I hope your new update will be very good more. Thank your supports for us.
This post upvoted and resteem by @jareen61.

Congratulations @blocktrades!
Your post was mentioned in the Steemit Hit Parade in the following category:

  • Pending payout - Ranked 2 with $ 565,15

You should add Counterparty to your platfrorm @blocktrades. I would be happy if you do so.

Great job, @blocktrades, glad your business is making sound progress. Are we going to see EOS in your list any time soon?

This is an awesome update. The ability and willingness to make your finances accountable, for any organization, is a big change that blockchain brings to the table.

Recording all incoming payments and expenses in blockchain records makes blocktrades superior to any manually-operated accounting system. I think this is what has won you the respect and trust you currently enjoy in the crypto exchange market. Please keep up.

From a loyal customer

I'm really glad to hear about this. I've never used @blocktrades but I see it in a lot of wallets. I like what I'm hearing and will look into this for my personal use. You guys seem on top of things and we really need that in crypto.

Greeting @blocktrades a struggle that takes a long time, and produce maximum results, this is a measure of success Cryptoccurency in the global market fore a future concept has been born global marketing world and this became a very strategic step to master the crypto market, for my incredible struggle to say to the entire team who have worked hard in preparing all the things that are most important to be enjoyed by the world community forward.

I want to ask whether SBD is the main target in Global Market Or steem to master global marketing later?



Greetings of Success to @blocktrades and all Companions
from Aceh Province Indonesia