Bitcoin growth fund welcomes SIKKA as its new base currency (after all decentralized we are!)
At BGF we have always believed in finding new ways which can assist us in providing best services to our users. Basically, we don’t just wish to serve as any cryptocurrency exchange, rather we aim to turn into one of few who stands apart of the group. And that’s the reason which has encouraged us to get linked with a new base currency altogether named as ‘SIKKA’.
Basically, we are here today with one such good news, which will not just support us in reaching out to you in more appropriate manner. But will assist our traders as well, in turning their transactions calmer and more convenient. Bitcoin Growth Fund has recently introduced SIKKA in its list of base currencies.
What is SIKKA — usually defined as a fixed value crypto-currency which serves as base currency on multiple exchanges around the world. In fact, if one wishes to trade using SIKKA, all they have to do is purchase the same using their local currency from the merchant and transfer it to cryptocurrency exchange they desire to trade with. Moreover, the best feature of this cryptocurrency is that you can always return your Sikka currency to the merchant and collect your local currency at a fixed rate.
List of advantages one enjoying, when to trade using Sikka –
• Works with a variety of digital currencies
• Feature of bypassing financial institutions reduces operating cost and time
• The best alternative of traditional currency, which is secured and managed by crypto — processes.
• Easy to switch in between exchange and wallet
• Enhance cross-exchange and currency arbitrage strategy
· Sikka price will always be constant to $1 because every Sikka is always backed 1-to-1
New trade panel, while adds new options to trade with, there is always a little risk involved. For example, the user always trades with the risk of fluctuation of the exchange rate that too on daily basis. As a matter of fact, even if we stay on the brighter side, while most days serve with a profitable transaction, there are always those few days which end with a bad exchange experience.
However, this is one of those few features, our traders will not experience with SIKKA, as the same does not support the feature of fluctuation in exchange price. In simpler words, the value of SIKKA will remain more of less constant like USD and other stable base currencies.
With a total supply of 10,000,000,000 SIKKA (tokens), the same will not just work as a base token for trading with Bitcoin growth fund, but will soon be added to other trading platforms (like Poloniex) as well. And the best part is, the value will remain same on all different platform at all days, which means complete ease of trading.
In order to trade on BGF with Sikka click here — https://bitcoingrowthfund.com/trade
