Hello again!
Let me just start by explaining how BitValve came in surface. The idea of creating a P2P non-restrictive Exchange, actually came through real life. The continuously increasing Regulations surrounding the Exchanges, the last 2 years, is the best real life example we can mention. Almost all Exchanges (even P2P ones) are enforcing KYC verifications and limiting or even suspending their operation in specific countries. Other Exchanges don’t offer Banking support (for fiat withdrawals and deposits) in Countries that are in economic crisis. An increasing number of exchanges have stopped completely operating in countries (i.e. ). The European Union is still over-regulating and currently is drafting policies that will affect not only Crypto Exchanges but even Crypto Wallet Providers.
Why BitValve ?
Because it will offer a non-restrictive way of buying/selling and your favorite in a Peer to Peer way, from anywhere in the world and at the same time acting as a Trusted Escrow, thus securing both sides of the trade. Furthermore, BitValve will offer 50% less fees than its current Competitors in the market, Multi- support, Encrypted Trades and Crypto to Crypto .
What about KYC/AML?
BitValve will not force KYC and/or AML in any of the trades. It is up to the Traders free will to require if they want to trade with KYC verified users, or not.
Which Cryptocurrencies it will support?
We aim to support almost every in the market, that has a decent market demand or hype. Meaning that if our Users/Traders will want to trade PETRO coin, the developers will add it to our platform. In general, we plan to add a new for , every 2–3 months.
What about Payment Methods?
People will be able to trade using any payment method they like. For example you could use Bank Transfers as payment method, PayPal, Western Union, Fiat and many more. The team will always listen to the community’s demand, when it comes to introducing new payment methods.
Encrypted Trades ? How ?
We will be the first P2P Exchange to introduce End to End Encrypted trades, in our platform. This will ensure 100% Privacy and Anonymity on both parties of the transaction, and for any payment method. Traders will have the option to enable/disable this option at any time.
What about Crypto to Crypto Trading ?
In the platform, Users will be able to exchange their to another (i.e to XMR) using the Platform’s built-in wallets. Currently, there is no other P2P Exchange that offers this option.
Conclusion
In BitValve, we strongly believe that the creation of such Platform will be a game changer in the crypto world, a very important step towards the fundamental idea of “”, which is freedom, anonymity and privacy.
Published at Sat, 23 Feb 2019 16:09:43 +0000
