Users may get more out of their cryptocurrency portfolios with the help of bitoftrade. Advanced trading capabilities, like as leverage trading, limit orders, and token swaps between over 900 tokens at optimum market values, are available straight from users’ wallets without the need for registration or KYC verification.
The need for crypto exchanges has been rapidly increasing in recent years. There were two main types of exchanges during this time: centralized and decentralized. Centralized exchanges can provide good trading tools, but they are plagued by two issues. To begin with, they are custodial, which implies that traders’ funds could be frozen or worse, compromised. Second, in order to make withdrawals, they ask users to identify themselves through KYC and supply extensive information about the source of their funds.
While decentralized exchanges are anonymous and non-custodial, they cater to a more affluent clientele, and the most of them lack advanced trading capabilities (like leverage, for example). Their commissions are complicated; transaction speeds are slow (in comparison to centralized exchanges); and customer service is either inadequate or nonexistent.
Bitoftrade was developed to offer something new to cryptocurrency consumers. It’s a decentralized exchange (DEX) that ensures anonymity, doesn’t require registration or KYC, and has a transparent fee structure.
“Our objective is to give crypto traders a simple, secure, and transparent way to trade crypto-assets and increase their potential profit while maintaining complete control over their funds.” “We have worked hard to ensure the technical solutions on the platform are cutting-edge, making them accessible to everyone,” says Igor Chygrynov, CEO of bitoftrade.
Everyone should have sole control and administration of their assets, according to the bitoftrade team. Bitoftrade’s powerful toolset, non-custodial politics, and transparent attitude will make it simple to trade crypto using various trading instruments, whether you are a newbie or an experienced trader.
“Bitoftrade delivers a comprehensive trading experience to be accessible to everyone and minimise the hurdles to entry for beginners.” We are devoted to carefully listening to our community’s voice and developing solutions that are tailored to their individual needs and problems.” Igor continues.
Bitoftrade’s exchange is fully anonymous, requiring no registration, source-of-funds verification, or KYC. Crypto users can use advanced tools on bitoftrade to leverage their crypto holdings and trade over 900 tokens.
advantages of bitoftrade
Non-custodial: users maintain control over their funds, and withdrawals are always possible.
There are no accounts, no authentication, and no KYC while you are anonymous. Users can trade directly from their blockchain wallets.
All fees are explicitly shown BEFORE transactions are conducted, ensuring that users are not surprised by the commissions they must pay.
Decentralized advanced trading tools: Bitoftrade provides decentralized advanced trading tools like as leverage, limit, and more.
Customer-centric: We offer the greatest customer support in the crypto industry via live chat, phone, and email, as well as building new platform features in response to user demands.
bitoftrade: features and benefits
The product’s key feature is advanced liquidity pools, which provide customers with cost-effective pathways for every transaction and fully decentralised leverage, swap, and limit trades.
“At the same time, we know that one of the most important difficulties that every trader on other exchanges faces is a lack of transparency when it comes to costs.” “Our commitment is to remain transparent so that traders know exactly how much each transaction will cost before it occurs,” Igor added.
The following characteristics are included in bitoftrade’s product listing:
- Trading with a high degree of leverage. Leverage trading boosts users’ profit potential by allowing them to keep their crypto holdings in their wallet while employing advanced trading tools to leverage up to 20X the value of their wallet.
- Swap with a limit Limits allow our users to choose the price at which they would like to acquire or sell assets.
- Swap tokens. On the Ethereum blockchain, you may trade and exchange over 900 tokens with a transparent fee structure.
- Bitoftrade offers a unique user experience by combining complex trading capabilities with a user-friendly and intuitive interface. We’ve made it easier for newcomers to get started since we believe that everyone should be able to manage and control their own assets.
Disclaimer: These are the writer’s opinions and should not be considered investment advice. Readers should do their own research.