Blockbid, the Next Generation Crypto Exchange

Blockbid has been working as a software development firm and now planning to introduce a crypto exchange. This new crypto exchange is expected to work on Australia’s fastest exchange network that will connect it with over 180 co-location facilities on 5 continents via a direct datalink. Blockbid’s plan is to provide the investors and traders with a crypto exchange that has user-friendly front end and performs exceptionally well.

Featuring a unique business model:

Many other crypto exchanges are active and Blockbid’s plan is to compete against them. It will provide the participants with a much larger number of fiat and cryptocurrency pairs than other cryptocurrency exchanges. That’s how this decentralized exchange plans to lure most of the crypto investors. Blockbid’s transaction fee structure is also different from other exchanges. All the participants on this platform can use this platform for free during the first year.

There will be no transaction fees and no registration charges. If the users continue trading and investing via Blockbid after one year, they will get a 50% discount on the transaction fees charged. You can spend one BID token and enjoy 30 minutes of free and discounted trading on this platform. Let’s explore more essential details regarding this platform to understand what is so unique about this crypto exchange.

Issues Blockbid is targeting:

Blockbid is designed to deal with three major issues that affect people’s trading experience on other crypto exchanges. These issues are:

• Inconvenience:

Every trader needs to sign up to different crypto exchanges if he wants to trade different cryptocurrencies. Unique verifications methods and lengthy registration processes for buying different coins cause a lot of issues.

• Complexity:

The investors and traders encounter a lot of troubles because of complexity of managing different crypto coins on different exchanges. They also buy coins at platforms which are fraudulent only to acquire the required crypto funds.

• The loss of investment opportunities:

People are ready to invest their money in crypto assets. They miss the best investment opportunities because of the time taken by exchanges to transfer funds on different exchanges. It is quite difficult to identify a beneficial investment opportunity. Once it is gone, you may need to wait for a long time.

The solution offered by Blockbid:

The Blockbid platform users can create one administer account on this exchange to consolidate all their trading accounts. Thus, the investors and traders can easily manage all their trading accounts without facing too much complexity.

In addition, this platform will present a much larger number of crypto pairs and fiat money pairs. That’s how this platform will prevent traders from visiting and joining different crypto exchanges for trading crypto pairs and fiat pairs.

Final thoughts:

Blockbid is going to transform the way cryptocurrencies exchanges work today. It is also one step ahead of other decentralized exchanges that offer only crypto trading service and no support for managing cross-platform trading accounts. The users will need the BID coin in order to use this platform, but one year of free subscription and free trading will please all the investors.

Join beta now:https://blockbid.io/beta

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Posted from my blog with SteemPress : http://cryptofleck.com/blockbid-the-next-generation-crypto-exchange-2/

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