As long awaited, Bitcoin.com, a website that provides news and information on cryptocurrencies, and in particular on Bitcoin and Bitcoin cash, has started its new exchange service.
To encourage traders to approach their platform, for the next three months the exchage will offer a series of exclusive promotional benefits, including "negative commissions of 0,3%", which will allow traders to earn money on all transactions, all other conditions being equal. in addition, traders who have already pre-registered will receive an additional 25% discount on future transaction fees.
Chaudhry, general manager of the exchange, declared that his site had been working on the project for over a year, and that with the quality of its platform it aims to compete with the largest and most consolidated exchanges in the world, such as Coinbase e Binance. The main "lever" of competition should be linked to the celebrity of the brand, with Bitcoin.com being effectively one of the most reliable brands in the Bitcoin information industry.
Recall that to date Bitcoin.com is based in St. Kitts and Nevis, in the Western Antilles, and that the new exchange will allow it to operate on various combinations with Bitcoin (BTC), Ethereum (ETH), Bitcoin cash (BCH) and Tether ( USDT). Other currencies listed on the launch are Ripple (XRP), Litecoin (LTC), EOS (EOS), Tron (TRX), Stellar (XLM), Dash and Zcash (ZEC). However, Chaudhry has already anticipated that other cryptocurrencies will be added over time.
Dwelling on the promotional period, Chaudhry indicated that the 0,3% negative commission approach will encourage newcomers to make transactions, given that "they will be paid to trade". There is however a limit: the negative commission promotion is in fact valid up to 1 million dollars for cumulative sales on behalf of, and up to 2 December 2019. Among the other tools that could make delay more than a few traders, we also mention the options for storing cryptocurrencies in the cold wallet, institutional-level cryptography and two-factor authentication. Will it be enough to carve out a fair amount of space in the crypto-value ecosystem?