What Can a Crypto Exchange Do in 5 Days?

Zonda
BitBay Exchange Blog
3 min readAug 8, 2019

--

The holidays aren’t the time for laying back. BitBay rolled up its sleeves and from the 29th of July up to 2nd of August day after day was introducing new specials and improvements.

BitBay Pay 3.0. — Monday — 29th of July

BitBay Pay — the Licensed payment operator from BitBay Group, launched 3.0 version of its platform. BitBay Pay refreshed its image and expanded the offer. What exactly changed?

  • New cryptocurrencies — next to digital gold (BTC) BitBay Pay now accepts payments in BCH, BTG, ETH, LSK, LTC, XRP, TRX, ZEC and DASH,
  • Immediate conversion — every cryptocurrency payment can now be converted automatically to one of FIAT currencies — USD, EUR or PLN,
  • Improved payment gateway — with 15-minute rate freeze and the possibility of payment refreshing,
  • Withdrawals via bank transfer,
  • Quick cryptocurrency withdrawals with a possible crypto-crypto or fiat-crypto conversion,
  • BitBay Pay POS mobile application — available for iOS and Android,
  • New, transparent interface,
  • Direct integration with BitBay exchange — free and instant transfers between BitBay and BitBay Pay account,
  • One account, multiple users.

Institutional Clients Group — Tuesday, 30th of July

BitBay exchange introduced an offer dedicated to institutional clients — Institutional Clients Group. ICG participants are gaining exclusive access to a number of benefits like VFA Line, Over The Counter Trading (OTC), Clearing & Settlement and dedicated support.

PRO Mode Update — Wednesday, 31st of July

PRO Mode — BitBay version created to meet expectations advanced traders came out of the beta. BitBay PRO efficiency was increased by 100%, and thanks to the users’ feedback, the details are refined.

Five New Tokens — Thursday, 1st of August

Taking into consideration the beginning of the last month we can assume that BitBay begins to form a habit of starting new months with a blast. On this day BitBay introduced five new tokens from the top of CoinMarketCap ranking. At this point, the total amount of coins on BitBay is 36. Which tokens are now available on the exchange?

  • MKR — Maker platform utility token which 24-hour volume exceeds 1,5 million US Dollars.
  • NPXS — used as means of payment in Pundi-X ecosystem. With market cap well over 100 million dollars, we can find it on the first site of CoinMarketCap.
  • SRN — the foundation of Sirin Labs — a company which created the first, fully-functional blockchain smartphone.
  • LINK — token created for the Chainlink — the bridge between the blockchain and real world. In contrast to the other listed tokens, LINK works in ERC677 standard.
  • ALG — utility token used in app.algory.io platform.

Along with the coins, the new market appeared on BitBay:

  • MKR/BTC,
  • NPXS/BTC,
  • SRN/BTC,
  • LINK/BTC,
  • ALG/BTC,
  • ALG/PLN.

At the moment, BitBay can offer 123 different markets. It is worth mentioning that on crypto-crypto markets maker commission on BitBay amounts to 0%.

Widget for BitBay Mobile App — Friday, 2nd of August

A dedicated widget to the mobile app was created, which allows keeping track of chosen cryptocurrencies on the main screen of the smartphone without logging into BitBay.

--

--

Zonda
BitBay Exchange Blog

Zonda (ex-BitBay) is one of the largest digital currency exchanges in Europe with over 1 million users.