Sep 22, 2020 09:06 UTC
Sep 22, 2020 at 09:06 UTC
Bitcoin Global: A New Contender on the P2P Crypto Marketplace
Crypto marketplaces around the world are evolving, and while a lot of crypto users still tend to use centralized exchanges, P2P marketplaces have also seen a major surge in usage.
Buying Bitcoin (BTC) and other cryptocurrencies used to be rather complicated and difficult. For years, only tech geeks and financial experts had the necessary knowledge to find their way around marketplaces that were anything but user-friendly.
However, as the years went by, this started to change. A great surge in crypto users led to greater development, and today, there are plenty of easy methods to obtain Bitcoin rather quickly. A big part of this was the development of centralized exchanges. However, there are also many P2P marketplaces, which are much more privacy-friendly.
On top of that, users prefer them because they don’t have to deposit their own coins into someone else’s care in order to use these platforms.
While there are many P2P platforms that are rather popular these days, users are always seeking out new ones. They tend to look for platforms that are easier to use, and those that offer lower fees, a greater selection of coins, and alike.
With that in mind, there is one newly-emerged contender that has been gathering attention in the crypto industry quite rapidly. The platform in question is called Bitcoin Global, a P2P marketplace that, as the name suggests, services users around the world.
What is Bitcoin Global All About?
As mentioned, the name ‘Bitcoin Global’ describes this platform perfectly. It is a Person-to-Person platform for trading Bitcoin in an easy, fast, and secure way. It offers a Quick Buy/Quick Sell option that is available as soon as users arrive at the platform.
It also allows users to select their desired currency, and select their preferred payment method. Meanwhile, it doesn’t require identity verification, and there are no additional charges or waiting times. This is one of the reasons why the platform has gathered so much attention from users so quickly, as all they need is an email address, and they can start trading immediately.
After a quick and simple sign-up, users can filter offers and find the ones that suit their trading needs. During the trades, the coins get locked in an escrow system until both parties agree that the terms of the trade have been met. After that, the coins get transferred from escrow to the buyer, and the trade is complete.
New Benefits to Bitcoin Global
While most people would agree that Bitcoin Global already offers quite a decent deal, the platform has decided to add new features that would allow it to stand out even more. With the crypto industry being as competitive as it is, such efforts are likely to attract customers and maybe even help the platform take the lead.
Many of these benefits were secured through a recent series of updates, such as a new version of the platform’s API that will allow users to automate advertisements.
Next, there are newly-introduced price equation formulas that will make users order prices to be tied to different exchanges. What this means is that users will be able to make their own equation by using different operators, and convert it to their local currency in order to make it more convenient for trades.
At the moment, Bitcoin Global offers exchange rates from five different exchanges, including WhiteBIT, Kraken, Bitfinex, Bitstamp, and Coinbase.
Lastly, the platform also updated its languages, adding two new ones, including French and Chinese. That brings the total number of supported languages to four, with English and Russian already available from previous updates.
The platform also noted that it will continue adding support for more languages, which will allow it to be truly global, and serve users from all corners of the world adequately, in their own language.
Last, but not least — the platform currently offers zero-fee trades. The offer is limited, but it could be rather useful for anyone who aims to buy or sell greater amounts of Bitcoin, as they could trade without any fees.
What Else is There to Know About Bitcoin Global
At the moment, Bitcoin Global supports more than 100 local currencies, and over 50 different payment methods. It is currently available in more than 160 countries, and it is incredibly easy to navigate and use.
All of this is working towards achieving its main goal, which is to help the crypto industry move towards mass adoption of crypto and blockchain alike. With an easy way to buy and exchange cryptos, and get to all the benefits of owning and using them, there is really no reason why people would avoid them.
All that remains is for them to get educated about cryptos, and find an easy way to get their hands on some of them. Bitcoin Global aims to be that means of entering the crypto industry, achieving the desired results through simplicity, security, and reliability, while removing any sort of middleman from the equation.