Introduction to ByTrade

AdemijuAkintoye

New Member
Jan 19, 2023
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This article will explore what bytrade really is all about, explore what are the common problems itemized by bytrade in its whitepaper and how bytrade tends to provide a legible solutions thereby propelling cryptocurrency into a new height.

As you might know, cryptocurrency is still in its infancy with only about $990.88B total market capacity (CoinMarketCap)as of the time of writing and about 5% of the world’s population of 8b people invested.

ByTrade is a new cryptocurrency centralized exchange coming out with new innovation and ideas to tackle some common problems in the cryptocurrency world in particular, the way cryptocurrency is being exchanged on the centralized exchange platforms.

ByTrade itemize some common problems in its whitepaper such as lack of liquidity, lack of industry knowledge, financial incapability to low-come households, etc. bytrade called this Pain Point of Cryptocurrency exchanges and offers legible solutions to the pain points in its core value.

Liquidity crisis has seen lots of cryptocurrency platforms go bankruptcy examples of FTX in the year 2022, the fall of FTX is as a result of liquidity crisis which rendered the exchange insolvent.

You’ll agree with me that lots of exchanges have been vulnerable to hacker attacks that has left many users homeless and some worst case, death.

ByTrade project was launched to serve as an edge against the pain points mentioned above by creating a trusted, reliable, tech compliance cryptocurrency trading platform, providing affordability, secure trading, and secured payment gateway.

ByTrade tends to remove accessibility blockers from investors trading journeys, bytrade strive to make sure transactions are secured and transparent.

ByTrade academy will tackle Lack of industry knowledge and transfer of knowledge, with bytrade academy, users will have access to rich information, education and trainings that will give them the knowledge needed to start their own crypto journey.

ByTrade platform will provide a low trading fees to combat financial incapability in lower income countries, bytrade believes that everyone should have access to financial services, with bytrade low fees, everyone that has been marginalized due to lack of funds will have access to financial services.

Bytrade team of cyber security who are industry standardized personalities will make the platform security threat free to every user, as we know security of users’ funds determines their trading experience, with this, bytrade is committed to making the platform safe and secured at all time for the users.

To make sure the platform is safe, bytrade team consists of top-notch cyber security experts who are committed to maintaining security on the platform at all times.

In conclusion, bytrade’s team is fully committed to user’s security, the team developed the platform putting the users in mind; users can be rest assured that funds are safu.

For more information.

Official Website: Bytrade.io

Official telegram: https://t.me/bytradechat

Official Twitter: https://twitter.com/bytradeio

Official Discord: https://discord.com/invite/fXjK4QN7uF