BITCOINBING: CREATED TO SOLVING CURRENT ISSUES ASSOCIATED WITH CRYPTOCURRENCY EXCHANGE

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INTRODUCTION

The blockchain technology is systematically bringing a facelift to our everyday life and sectors. However, despite these huge impacts of blockchain technology, the absence of a full blown conventional exchange in the blockchain system that disrupts the huge gap in transaction fees, secured, fast transactions and convenience trades and exchanges has left a huge lacuna in the crypto space and among crypto traders. Hence, these anomaly needs to be swept under the carpet by unleashing a substitute to disrupt the exchange system in the blockchain technology. BitcoinBing sets out to unique features and enhancements that makes it superceeds other typical cryptocurrency exchange.
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Bitcoinbing has been created with the purpose of solving the current issue associated with other typical cryptocurrency exchange and this problems with their corresponding solutions are outlined as, Insufficient Infrastructure
Almost all the existing exchanges are put together in a rush to make profits as soon as possible which has caused basic shortcomings in their structure of operations.
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WHAT IS BITCOINBING?

BitcoinBing is a launch cryptocurrency marketplace with unique features and enhancements that makes it superceeds other typical cryptocurrency exchange.BitcoinBing gives absolute control to its users over their desired cryptocurrency exchange formats, processes and procedures by Leveraging the peer-to-peer architecture in which the entire blockchain concept is built on.
BitcoinBing has created a platform which would empower the traders alongwith the whole market and encourage volume trading without any fee in a safer environment.

BITCOINBING,A UNIQUE CRYPTOCURRENCY MARKET!

With BitcoinBing:

  • All users will be able place the transactions on Zero percent fee using Bitcoinbing exchange through a highly secured and blockchain protected wallet called "BitcoinBing wallet" offers in which every transaction is firmly sealed.

*Bitcoinbing will provide assistance round the clock by the well-trained specialists on the platform.
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SOLUTIONS BROUGHT BY BITCOINBING

Having observed the issue of insufficient infrastructure, Bitcoinbing team has come to alleviate the issue of insufficient infrastructure by putting in hardwork coupled with years of experience in cryptocurrency and design, with this collective effort enabled the teams to build a platform which maintains a uniform standard for user experience, with the capacity to withstand heavy transaction loads and immense fluctuations. Even though the whole course of developing the platform was slow but this however gave Bitcoinbing the crucial operational edge in practice.

Inferior Security
Exchanges often go without proper security structure which results into users' information getting compromised at many levels which has lead to the shut down of many exchanges.

Furthermore, with Bitcoinbing, all building and design is carefully audited to make sure that design flaws and structural weaknesses do not creep in and users' identity or any other information doesn't get compromised at all.
Irrational Parameter
Exchange rates and transaction conditions imposed by the exchanges are not based on any grounds and try extort unreasonable amount of money from the users.

The Bitcoinbing platform stays out of the user's way as much as possible, instead giving users a platform to connect with each other on peer-to-peer basis, where they can agree on all transaction details including buying and selling price, transaction duration and payment mediums.

Rigid Market Conditions
Unlike other exchanges which often have shallow order books, resulting in significantly expensive trading slippage due to delays.

The platform(Bitcoinbing) does not pose an exposure risk to itself by holding large amounts of cryptocurrency in an attempt to avoid slippage, as some other large exchanges resort to.
Poor Customer Service
Most of the existing exchanges have no firm structure or protocol in place to deal with customer complaints or troubleshootin which eventually leaves customers angry and frustrated which may result to a drastic decrease in patronage and well as decrease in their business'integrity.

Bitcoinbing on the other side makes its user's interest their utmost priority. Going a long way to create a secure, trust-based framework for users to connect and trade coins with each othe. Also, there is a robust conflict and complaint resolution framework and a dedicated customer service team in place to make sure that users get full value for their trading experience every time.
Want of Globalization
A large number of exchanges are built with only one country or territory in mind thereby restriction it global expansion and recognition.

Considering the large number of traders existing in the farthest corners of the world, Bitcoinbing provides a platform that seamlessly supports users from across the globe.
Unreasonable Transaction Fee
Transaction fee is mandatory for many exchange. But with Bitcoinbing, there is a healthy range of alternative revenue streams that enables the platform to charge reasonable transaction fees for other user and exempts ico investors.

ADVANTAGES OF BITCOINBING OVER OTHER EXCHANGES

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  • Multiple Currency Pairs

  • Full Stack Trade Desk

  • Desktop & Mobile Friendly

  • Risk Management

  • Information compiling

  • Customizability

  • Trading competition and Airdrop distribution,

  • Token Buyback

  • Security and 24/7 Live Chat.

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For more information, kindly visit the official websites below:

Website: https://www.bitcoinbing.io/register.php?code=01RPN
Whitepaper: https://www.bitcoinbing.io/bitcoin%20bing.pdf
Ann thread: https://bitcointalk.org/index.php?topic=5037403.msg46144019#msg46144019
Facebook: https://www.facebook.com/Bitcoinbing-228650464472887/
Telegram: https://t.me/bitcoinbing

Author's name: Adaora
Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=2011741;sa=summary

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