Bitoro’s Month in Review Update — May 2024
Another eventful month of milestones, platform enhancements, and challenges has come to a close. Today, we want to review any completed Bitoro developments and achievements during the month of May to keep you in the loop. At the end, we’ll also mention plans for a major announcement that’s coming soon.
So, without further ado, let’s dive in.
One billion in volume
Just over a month after our public launch, the Bitoro team was over the moon™ to announce we’ve officially surpassed the $1 billion trading volume mark. Additionally, Bitoro has clocked north of 30,000 users during the month of May. We’re super grateful to every community member who trusted us by trading on Bitoro and participating in community events. The entire team is working hard to build on this incredible start, with many more marketing initiatives currently in the pipeline.
Fee reductions and other upgrades
Of course, it’s not just the marketing team that’s hard at work. Our devs have rolled out various enhancements which include a brand new dashboard where traders can view their full trade history, current fee settings, API keys, and referral rewards.
Crucially, we’ve also implemented significant permanent fee reductions that make Bitoro one of the most attractive crypto exchanges on the market — with maker fees now starting from only 0.01%.
Last but not least, Bitoro is now also home to several new tokens, including $AR, $FIL, $NOT, $RNDR, $SEI, and $REZ.
✨→ Trade with Bitoro here
New challenges and campaigns
If you’re all about reaping those sweet Bitoro points and Orderly merits, you’ve probably noticed we’ve stepped up our challenges and competitions. Our Top 50 challenge has been a staple during the month, and early May also saw the launch of our first native GALXE campaign, The Trading Showdown.
For all our social media lovers, we’ve introduced a fun Zealy campaign where you can earn USDT for completing various community challenges ranging from a simple like on X to posting your own Bitoro memes. You can certainly expect even more action on this front in the coming weeks.
What’s next?
Naturally, our development team will continue to hustle out various upgrades to the Bitoro platform to support our mission of providing a CEX-like experience at the lowest fees possible. Additionally, you can expect the addition of another blockchain to Bitoro Network, which we will announce in early June.
Most importantly, we are gearing up for a significant announcement in the month of June, featuring a partnership with one of the fastest-growing blockchains in all of crypto. This collab is set to expand our vision on several fronts and also position Bitoro as an attractive trading platform for institutional traders.
It certainly pays to stick around during June to be among the first to know about this upcoming integration. We’re hyped for another month of progress and look forward to keeping in touch with everyone in the community.
✨→ Trade with Bitoro here
About Bitoro
Bitoro is the world’s first leveraged trading protocol and aggregator for the perpetual futures market. Our primary goal is to unify the fragmented market under one platform, providing optimal prices, fees, liquidity, incentives, and unparalleled ease of use for traders.
