Introducing Super Peers for Faster USDT-INR transfer

Dear traders,

BNS
Bitbns
3 min readJun 7, 2019

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It gives us great joy to inform you that we are introducing yet another important feature on Bitbns. We believe, as many of you have mentioned it to us on several occasions, that the features of Bitbns ease your trading experience. ‘Choose Your Super Peers in P2P USDT’ feature is no different.

Unlike before, you don’t have to wait in queues for your buy or sell orders to be executed. You can directly select your super peers on the buy and sell order list and complete your transaction.

Super Peers Order Book provides you with a seamless experience in trading USDT against INR instantly. It helps you increase your chances of finding and matching with your Super peers who trade in high-volume. If you are looking to buy or sell large USDT volumes, then Super Peers Order Book is your best bet.

How to use the Super Peers Order Book?

If you are a buyer

Say you want to buy 1000 USDT against INR and you want to be matched with a large seller. But then again, you don’t want to deal with multiple transactions and matches. So what then? Super Peers Order Book helps you a great deal in this regard. Follow the below steps.

  1. Take a look at the seller side in the Super Peers Order Book. See if there’s any seller who has quantities with or over 1000 USDT.
  2. Click on the order. All your details will be filled on the order form. You can now proceed and place the order.
  3. You will be matched with a seller instantly. Pay the seller and click on ‘I have paid’. As soon as the seller confirms that he has received the payment, you will receive the USDT without any delay. Your transaction is now complete.

If you are a seller

Say you want to 800 USDT and you want to be matched with a significant buyer, so that you don’t want to put up with multiple transactions and matches.

  1. Take a look at the buyer side in your Super Peers Order Book. See if there’s any buyer who has quantities closest to 800 USDT.
  2. Click on that order. All your details will be automatically filled in the order form. Place the order.
  3. A buyer is matched with you instantly. When the buyer pays you, confirm it by clicking on ‘Yes, I have received’. Your USDT will be released to the buyer without any delay. This completes your transaction.

FAQ

  1. What if my order doesn’t match with the Super Peer in Order Book I selected?

There could be a number of reasons for this to happen:

  • The buyer/seller cancelled the order
  • The buy/sell price you placed is not the same as that of the super peer

2. What is the limit for my order to show up in the Super Peers Order Book?

Your buy or sell order should be above 500 USDT. Else, it doesn’t show in the Super Peers Order Book. So set your username and place the order above $500 if you want to get into the list of Super Peers Order Book.

3. Can I check if a peer is online?

Yes, Another minor yet important update in this feature is the introduction of the green dot next to the peer’s name to indicate that he/she is online. So that the transaction are faster.

There you go. You don’t have to waste your precious time waiting in queues anymore for your orders to be executed. The new Bitbns feature will help you ease the process of order execution in the simplest way possible.

Happy Trading!

Team Bitbns

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BNS
Bitbns

Official Medium Account of Bitbns — Fastest and easiest way to trade cryptocurrency in India. https://bitbns.com/