The cryptocurrency market is gaining more popularity each and every passing day. The volume of trade has also increased. The transactions made in 2018 alone has surpassed that made in 2017. This has brought about the existence of exchange platforms to aid the transactions. OTCBTC was created to provide a secure, reliable and user-friendly platform for blockchain activities.
OTCBTC exchange platform was created in 2017 to cater for regular everyday transactions. It became popular amongst traders for a number of reasons:
- Easy to use capability.
- Secure transaction
- Fast transaction
- Low trading fees (0.1%)
- Easy to navigate for new blockchain users.
The OTCBTC exchange platform created a means by which users of its system can take advantage of to make payments for fees on its platform. This is called OTB tokens (short for OTCBTC token). This form of transaction uses the Ethereum ERC 20 standard to provide a decentralised digital asset blockchain. It offers amazing features that are unmatched worldwide.
- It improves trade efficiency within the exchange platform. It will ensure fast guarantees and liquidation. Thus, becoming one of the quick trading system.
- Highly discounted rates. OTB discount is applied by default. The trading fee will be deducted from your OTB balance when sufficient. The trading fee will be 0.05% when you use OTB.
The main point in this is the discounted rates that are applied on the purchase of the token every year:
- The initial deduction in its first year is 50%
- And on the second year, the payment is further halved by half. Giving 25%.
- The third year is also halved to 12.5%
- Forth year, 6.75%.
- Increase in its market volume. Since the creation of crypto exchange, there’s been an increasing volume of trade transactions. Currently, it is the most widely used in Asia.
And this trend goes on as the number of years increase.
OTB tokens offer the user discounted rates. This ensures that the user can do more transactions and make more profit from this channel. And as trade volumes continue to increase, OTB tokens will be the tool needed to make transactions on the OTCBTC platform. With the many advantages that an OTCBTC platform gives, it is the very ideal choice for cryptocurrency transactions.
Market Cap Info: OTB on Coinmarketcap
Download White Paper: https://otcbtc.com/uploads/v3.0-en.pdf
OTCBTC 2018 Q1 Operating and OTB Token Repurchase Report
