The invention of the bitcoin and the blockchain technology few years ago has since then know a wide range of adoption. This is owing to it immense advantages over trading with fiat currencies. Though it works like a normal fiat currency in it uses but it provides an extra layer of security over funds owned. It storage is not dependent on a centralized storage such as banks but in a distributed ledger all over the world. It allows users to actively monitor their transactions and their transaction history on their smartphones from anywhere, unlike banks which requires some time-consuming processes to be able to get transaction history. Bitcoin trading also makes transactions across the border very easy and seamless. Across-the-border transactions with fiat currencies pose a lot of challenges and time not to talk about transaction fees.
Because of the advantages bitcoin trading gives to it traders, many people have adopted it has means of transaction, the rate of the adoption increases by the minute. Banks now have an intense fear of bitcoin and the cryptocurrencies at large. Adoption of the bitcoin means people will increasingly need platforms to loose change or exchange their cash into cryptos.
Exchange platforms over the years have put traders in the risk of partial or total loss of funds because their platform is not secure. Security of so many exchange platforms is questionable and has exposed users’ funds to hackers. In some cases, users’ funds are not readily available to them as they have to wait for a period of time before they can withdraw or trade with their money. The transaction cost or deductions for some exchange platform are too high and discouraging for many traders.
Bitxoxo is an Indian exchange platform that has a vision of becoming the best cryptocurrency exchange platform in India and all over the world. Bitxoxo plans to make bitcoin readily available to everyone with no exceptions. Bitxoxo has been in operation since 2016 and it has recorded success as customers are happily trading on the platform.
BITXOXO is a business conscious Bitcoin company that specializes its strength in digital currency, created and held electronically. BITXOXO is a multinational company that focuses on selling, buying, gifting and exchanging Bitcoins with a focus on trust, security, and reliability, our goal has always been to create a safe and accessible place to trade bitcoins. We will offer Bitcoin wallet for the customer to use. Additionally, we will have a trading platform. BITXOXO is a secure platform. As soon as user’s account is verified and payment is confirmed, orders are processed immediately. This technique allows us to provide our customers the best and fastest service in the business.
Bitxoxo platform is very secure as anti-hack or security measures are constantly being updated to protect users’ funds. The platform has low transaction costs or fees compared to other platforms and it makes users’ funds readily available to them for seamless transactions. On Bitxoxo users are in total control of their money. Bitxoxo plans to acquire more information about new markets thus mitigating risks associated with entering new markets.
Bitxoxo gives members of the platform the opportunity to buy Bitcoin gift cards for their friends and family. The gift cards are redeemable on the platform. This is the first exchange platform in the world to have a prepaid gift card for it users. Bitxoxo also has its own debit card available to users for seamless transactions.
There is a trading application for the platform available for download free by iOS and Android smartphone users. These applications are tested and trusted allowing users to exchange cryptocurrency on the go.
Token Details and ICO
It is interesting to know that up to 40% of tokens has been sold on the first day of the presale. This is owing to the fact that users trust the past record of the platform and are ready to see more from them. The Public sale starts from May 1st to May 30th, 2018.