BitBay Community Update – 26th July 2019

BitBay partners with three new exchanges to release the Dynamic Peg

You may have already heard the news on social media, but if not, then you’ve missed one of the most significant news updates in the crypto sphere this year! Yes, the Dynamic Peg is coming to exchanges near you very soon…

Bitbay has partnered with Bitker, Chaoex and LAToken, to give new traders and the existing community more to trade $BAY. These are some of the most popular exchanges in Europe and Asia and potentially introduce BitBay to hundreds of thousands of new followers.

Bitker

Established in Singapore in 2017, Bitker is the One-Stop Digital Asset Trading Platform. The platform supports cryptocurrency trade, including currency transactions, contract transactions, and leveraged transactions.

Chaoex

Established in June 2017, Chaoex is a global trading platform. Chaoex strategic partners include well-known investment institutions, artificial intelligence trading providers, digital asset liquidity providers and other professional institutions.

LAToken

LAToken is a top 20 cryptocurrency exchange specialized in providing liquidity for new digital assets. Besides crypto trading, eligible LAToken users can participate in selected token sales at pre-sale and crowdsale stages.

We are proud to have these exchanges as partners to bring the Dynamic Peg to the world and be able to show what this new protocol can do for traders and investors.

We’ll have release dates for each exchange as soon as the integration process is completed but we can say that, so far, it is going very well. Stay tuned…

BitBay Website Update

We have now completed the move of the BitBay website from the Drupal CMS to a static GitHub hosted website. This is another step towards the goal of self-governance where community members can submit pull requests to update the website and the community can vote on whether or not to implement these updates. The governance process has still to be implemented via the BitBay forum, but our contributors are working on this and it will be ready soon.

BitBay Foundation

In other news, we have also launched the BitBay Foundation website preview at https://bitbay.foundation

While the legal framework is still being completed, we are confident this will be done in the next couple of weeks so we are asking our community to provide us with their feedback on the foundation website. Once the foundation setup is complete, it will be possible for anyone to donate to the foundation causes, contributing to the growth and development of BitBay.

Web Marketplace

Next week we will also be rolling out a new update for the web marketplace which will include small bug fixes, a lot of improvements for mobile and tablet devices, an improved buy and sell flow for users, and some new features which we will announce at the time of release.

And finally, a big thank you to all our community members old and new for your continued patience and loyalty while we have been working on securing new exchanges for the Dynamic Peg. We know everyone is looking forward to this as much as we are!

Until next time,

Shorn Keld – Lead Project Manager @ BitBay