BTSE Innovates Plantom Global Crypto

Crypto News
Mar 26 · 7 min read

What BTSE ?

BTSE, as pronounced "bitsie," is a multi-currency digital asset exchange network that revolutionizes and provides a one-stop solution that bridges the gap between existing fiat markets and the digital asset environment.

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What features are in btse?

  • Futures, or futures contracts, are an agreement to buy or sell an asset at a later date for a fixed price. They are typically used by traders as a way to hedge other investments or to lock in profits when trading in volatile markets.
  • SPOT For traders that want to buy and sell digital assets, cryptocurrencies now have their own niche of spot markets — cryptocurrency exchanges (as well as some Over the Counter markets, which we’ll get to below). On the exchange rating section of CoinMarketCap, we see over 300 crypto exchanges, most of which are spot markets
  • Bonus Checklist Deposit $1000 or more into your futures wallet. You can make the deposit in your favorite coin or currency! $100 additional trading capital will be credited to your account.
  • Referral Rewards With BTSE’s referral program, you can earn a commission not only by introducing your friends to BTSE, but also through your friends’ friends, and their friends’ friends — on BTSE, there is no limit to your referral levels. YOU EARN 20% of your friends’ trading fees 10% of your friends’ referral earnings. Trading Fee Discounts Every friend you refer starts with a 30-day discount on their trading fees, including their trades on BTSE’s spot and futures markets.
  • Exchange rate In finance, an exchange rate is the rate at which one currency will be exchanged for another. It is also regarded as the value of one country’s currency in relation to another currency.
  • Marketplace The BTSE Marketplace is a secure, peer-to-peer fiat deposit and withdrawal platform, designed to enable efficient, low-cost, and instant settlement of various fiat currencies. Users can on and off ramp money into and out of BTSE platform via the marketplace by interacting with a professional marketplace merchant. The marketplace service is provided by fully verified merchants in each country.
  • BTSE Academy, a free learning and info platform on all things trading, Bitcoin, and BTSE!

Fees and Transaction Limits

  • Spot Trading Fees
  • Members of the Market Maker Program, the net fee (maker + taker) must be ≥ 0.01%.
  • Market makers interested in joining BTSE’s Market Maker Program please contact mm@btse.com.

Spot Trading Limits

Futures Trading Fees

  • Members of the Market Maker Program, the net fee (maker + taker) must be ≥ 0.01%.
  • For futures trading, both the enter and settle positions will be charged trading fees.
  • Market makers interested in joining BTSE’s Market Maker Program please contact mm@btse.com.

Perpetual Futures Trading Limits

Time-based Futures Trading Limits

Digital Currency Deposit and Withdrawal Fees

Fiat Currency Deposit and Withdrawal Fees

  • The minimum fiat deposit amount is $100 USD or equivalent. If you deposited an amount less than that, we will charge a small fee ($3 USD or equivalent).
  • There will be SWIFT remittance fees on all fiat deposits and withdrawals. This is charged by the banks, not by BTSE.

How to Use the Marketplace ?

  1. Login your BTSE account > Click Marketplace
  2. Use the filtering function — “Buy/Sell, Payment Currency, Merchant Region” to select the merchants you would like to trade with
    * In order to speed up your order. It is recommended that you should choose a merchant who is located at the same region or has a mutual third-party payment method
  3. Click Buy/Sell button to enter the order page
  4. Enter the desired amount > Click Submit
  5. Once your order has been submitted, you can use the Messages function to discuss Fees and Payment Method with the merchant
  6. Once the terms have been reached, the merchant will accept your order, you will receive a “Transaction Completed” message
  7. Transfer or send the agreed upon payment price, once the merchant has received the funds, the merchant will then credit/transfer funds to your account

The Marketplace currently has support for the following regions:

India, Indonesia, Malaysia, Philippines, South Korea, Thailand, Vietnam

* More supported regions will be available in the future

How BTSE preserves ecosystem and enhances trading experience ?

BTSE Launched BTSE Token to protect the ecosystem

About Btse Token

The BTSE token sale will take place on March 5th, and the asset is set to be listed on the exchange within two hours of sale completion. With an initial sale price of $2, users can purchase a minimum of one and a maximum of 25,000 tokens per verified account

Token Sale Specifics

  • Total Token Supply: 200 million tokens, with 5 million tokens tradeable within the first six months after the token launch
  • Public Sale Amount: up to 1 million tokens
  • Issuing Platform: Liquid Network
  • Public Sale: March 5th 2020, 12pm UTC
  • Public Sale Initial Price: $2
  • Maximum Purchase per Verified Account*: 25,000 tokens

Supply Information

Total Supply 200 million tokens

Current Round 50 million tokens

Of Which Sold 16.2 million tokens

Of Which To Be Burnt 33.8 million tokens

Circulating Supply

Up to 5 million tokens for the first 6 months after the token launch

Tokens Available During the Sale

1 million tokens (part of the 5 million circulating supply)

The circulating 5 million tokens are part of the initial supply of 16.2 million tokens sold; the remainder will unlock in various tranches over the following 18 months.

We estimate that from the first day post-launch, approximately 700,000 tokens will be available for trading. The majority of the 5 million tokens will remain locked and vest at months 1, 3, and 6. The remaining 11.2 million tokens of the current round will vest at months 6, 9, 12, 15, and 18.

The remaining 150 million tokens will begin to unlock in various tranches linearly, starting 18 months after the token launch over 5.5 years. At month 15, BTSE will review the options of burning or conducting an additional raise and proceed in the best interest of all BTSE token holders.

BTSE is committed to reducing the total token supply from 200 million to 100 million tokens.

Roadmap

BTSE, a Dubai-based cryptocurrency exchange, is looking to raise $50 million in one of the first token offerings on the Liquid Network, the parallel system to bitcoin created by startup Blockstream


What are the advantages of holding a BTSE token?

• Save

With the BTSE token, you can save up to 60% on your trading fees depending on your token holdings and trading volume.

• Earn

Increase your referral bonus up to 40% based on your token holdings.

Unlock bonuses during campaigns and contests.

Enjoy increased limits and rebates on selected services.

• Spend

You will be able to use the BTSE token to purchase a variety of products and services within the BTSE ecosystem, such as

  • Platform Services
  • Advanced Trading Functions
  • Listing Fees
  • And more!

• Trade

You can trade the BTSE token on BTSE’s spot market and use it as collateral and margin on all your trades.

Why BTSE Token use liquid network?

This launch is particularly exciting and groundbreaking for us because BTSE is the first exchange token running on Liquid, a Bitcoin sidechain-based settlement network for traders and exchanges. This gives BTSE inherent benefits:

• Confidential Transactions

Liquid levels up your privacy by blinding transaction amounts and asset types.

• Fast Transactions

Liquid blocks are produced every minute, and each transaction is finalized within about two minutes.

• Inter-Exchange Settlement

Liquid’s inter-exchange settlement makes it easier and faster than ever to move funds between member exchanges.


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