As cryptocurrencies and ICO’s burst on to the scene, many users/traders have become frustrated with the way most platforms only trade in a specific type of Cryptocurrency. This leads to multiple login credentials for each trading platform. Blockbid’s newest ultra-secure Exchange will allow the trading of many cryptocurrencies using one single login.
Melbourne-headquartered Blockbid has announced a new cryptocurrency trading exchange, to support its highly anticipated ICO.
Blockbid says its cryptocurrency exchange will operate on Australia’s fastest exchange network, with direct datalink connecting over 180 co-location facilities on five continents. A user-friendly front-end enables users to engage in cryptocurrency trading on the same user interface designs used by Facebook, Netflix, and Dropbox, while back-end interfaces are similar to those implemented by websites such as PayPal, eBay and LinkedIn.
Emma Hoffman, the CMO of Blockbid said the company was able to identify a huge need in the cryptocurrency market for a trading platform that would allow the trading of many types of cryptocurrencies.
“Blockbid is being designed to help traders overcome three main issues; the inconvenience of needing to sign up to multiple exchanges, the unease associated with having coins scattered across multiple (and potentially untrustworthy) exchanges, and missed investment opportunities caused by time lapses in transferring funds between different platforms. Now with our new platform, users will be able to consolidate their many user accounts into one easy to administer account on the Blockbid trading exchange,” she said,
Bockbid’s ICO is scheduled to launch on October 22 and the company says \all early indicators show that this token event will sell out quickly.
Blockbid tokens are exchanged at current market rates using the ICO value of 1 Ether = 300 blockbid tokens, available through a commission-free marketplace. Each token can be purchased directly through the ICO. For each token purchased, the buyer receives a 100% discount off the 0.1% flat fee in the first year, and 50% discount thereafter – tokens can be used to facilitate as much trading as the user wishes during a 30-minute window. However, more tokens can be used to extend trading time. Early participants in the ICO will also receive a minimum 8% – 20% bonus Blockbid tokens.
Blockbid is an advanced software development firm with its team members boasting over 150+ years of combined experience. The Blockbid team consists of industry leaders in ASX trading, brokerage, blockchain technology, stock market research, startups and serial entrepreneurship.