Tradesatoshi. Trading platform for Bitcoin and Altcoins


Introduction

I usually write a post about exchange platforms or blockchain technology projects that are about to start or are in their initial periods. This time I will write about a particular cryptocurrency exchange, which already has time in operation.

Tradesatoshi is a trading or trading platform, i.e. it is a website dedicated to connecting buyers and sellers of cryptocurrencies and obviously charges a fee for doing this.

Like any novice user, I used to be afraid to use such platforms. Having to fill out KYC or AML forms, take pictures with posters (as if you were going to go to jail) and wait a certain period of time for the platforms to verify that you are not a drug smuggler or arms dealer worldwide, praying to God not to come to break your door soldiers of some special anti-drug force that by mistake of the system has cataloged you as the public enemy number 1 internationally. All of this normally inhibits us when we are about to use one of these platforms for the first time.

An average user like me simply wants to exchange the cryptocurrencies, which have been won by the work of the Holy Spirit in some contest (which we generally consider doubtful), for some other "better known" cryptocurrency, which I can turn into fiat or normal money to buy food, medicine or anything else.

Tradesatoshi allows you to do this and many other things without complicating your life. Let's take a look at this exchange.

TradeSatoshi

As I mentioned before, Tradesatoshi is an exchange or trading platform that allows you to exchange cryptocurrencies between buyers and sellers, with a 0.1% trading fee and 0% for a deposit of cryptocurrencies.

Normally, like any other exchange platform, you must register or create an account in order to start trading, in this link, Tradesatoshi explains, in a simple way, how to create your account. In a few simple steps (which only require a confirmation from your email) you will be able to start trading with Tradesatoshi.

Tradesatoshi has two levels of verification, the previous one is level 1 (yes, as you have already heard, if you registered you have already completed level 1), which allows you to make withdrawals of up to $10,000. Enough for a beginner or an average user like me.

However, if you are one of those people who lights their cigarettes with $50 bills, then you must complete a KYC form (which is not very complicated, unlike others I've already seen) to be able to make withdrawals over $10,000 (with a limit up to $50,000), you will be part of level 2.

Tradesatoshi offers high levels of security, transparency and quality customer service. Therefore, they offer a reliable and secure exchange platform.

Its most outstanding features are:

Our exchange runs on some of the fastest servers in the industry and includes comprehensive DDoS Mitigation to protect us and guarantee up-time stability.
We take our security very seriously. We provide cold storage, two-factor authentication, live backups, encrypted wallets and much more.
We take pride in our quick responses and resolutions. Our team is available every day of the year. We are always ready to answer questions or resolve any issues.
Simple and lightweight API with a powerful toolkit and the flexibility to perfectly support and scale to any type of application in JSON format for everybody to use and go over https.

Trading Platform

Tradesatoshi allows you to trade in two ways, the basic one and the advanced one.

You can see the basic trading in the following image, where you can see (on the left side) the values of the BIDs (if you want to sell a cryptocurrency, these are the prices you must see) and the ASKs (if you are going to buy a cryptocurrency, then you see these prices).

At first, this part confused me, but I know that if I want to sell my cryptos, I must see the BIDs or the green values and if I want to buy then I see the ASKs or the red values.

After deciding what you are going to do (buy or sell) and having selected the best price; then you select the quantity or amount to sell/buy (you can also click on the buttons 25%, 50%, 75% or 100%) and once verified everything (up to 5 times, as I do) then proceed to click on the buy or sell button.

You also have a central graph that gives you the behavior of the crypto asset. On the right side, you have the pairs to examine. This is where you select which cryptos you want to exchange. And at the bottom, you can see your orders that are about to be executed and if they do not appear, it means that your purchases and/or sales have already been executed.

The advanced trading, is for experts. And as you can see in the following image, everything is more summarized.

Balance

At the top right of the platform is an icon in the form of a little man (as seen in the image), where you can access your user profile, your wallet balance, your orders, the status of the cryptocurrencies and/or leave the platform (logout).

The balance option allows you to view the funds stored in your wallet, sorted from highest to lowest. There is a small switch above the list that allows you to remove from the list the cryptos that have zero value (Hide zero balance).

Orders


This option allows you to have a list of all orders that you have active or were previously executed.

Status

Within this option, you can see the status of the cryptocurrencies that are listed in the exchange of Tradesatoshi. This option is very interesting since we can see if any of the cryptos is in maintenance mode or are about to be de-listed.

Faucets

For those (like me) who love to earn free cryptocurrencies, Tradesatoshi has a section called Faucets, which allows you to receive a small fraction of any of the crypto listed in this section every day. Simply click on any token or use the search option to select the crypto and after validating the captcha process, you will be able to claim your winnings.

So far it's the first trading I've seen that has this option, plus a Competition option, where you can find events and contests. Therefore, you can also earn cryptocurrencies by performing simple tasks.

Fees

This option is excellent, not only shows you the fee for each cryptocurrency (includes a search engine) but also a fee calculator (on the right side), for those of us who want to calculate how much we will actually get at the time of making a withdrawal.

Tradesatoshi Contest

Welcome to the TRADESATOSHI CONTEST!

We will be giving away 500,000 $DOGE & 2LTC!

Contest and Bounty starts July 19th, 2019 and ends on August 19th, 2019.

ALL BOUNTIES AND CONTEST WINNERS WILL BE PAID WITHIN 28 DAYS OF THE END OF THE CONTEST!

JOIN TRADESATOSHI CONTEST HERE

Conclusion

We have seen most of the benefits provided by the Tradesatoshi exchange platform. Constantly, the development team is working to improve the options and to create new features. Also, the Tradesatoshi team is continuously publishing informative posts on their Facebook and Twitter page about the new tokens added in their exchange as well as those that are no longer part of the exchange or are deleted. They also inform about giveaways and contest. I recommend that you keep an eye on their social networks to earn cryptos.

I invite you to try this trading platform through the following link

Annexes

My video review



Comments 16


Brother, you are back to what you like: writting !!!
You made a good article here.
Good luck in the contest.

Pd: is that link to the contest a referral program? That is, do you earn a bounty for referrals?

17.08.2019 22:27
3

Hello my dear friend!

Thanks for your comment. I appreciate it

Yes, the links are for referrals. But I think the contest finished last Sunday.

19.08.2019 18:21
1

Dear @jadams2k18

This description is the best summary of what happens to all who do not handle the issue when we are new.

Like any novice user, I used to be afraid to use such platforms. Having to fill out KYC or AML forms, take pictures with posters (as if you were going to go to jail) and wait a certain period of time for the platforms to verify that you are not a drug smuggler or arms dealer worldwide, praying to God not to come to break your door soldiers of some special anti-drug force that by mistake of the system has cataloged you as the public enemy number 1 internationally. All of this normally inhibits us when we are about to use one of these platforms for the first time.

And I very much agree with you

After reading I see that it has many benefits and that platform is very friendly, and I will definitely visit the page to be more aware of its operation.

17.08.2019 23:18
5

Hi! That happens sometimes. Hehehe...

Tradesatoshi is easy to use and it has a faucets. I think it's worth having as an extra platform for exchanges.

Thanks for coming by :D

19.08.2019 18:24
1

Hi @jadams2k18
a well written post about tradesatoshi exchange.

I used this exchnage a year back and that time it was having very low volume but seems like they have upgraded themselves and in terms of technology also they seem to be so advanced and as a result they are ready to have more users on their platform.
I can join this if you are going to get some good benefit. Thanks

18.08.2019 13:44
3

Hello @alokkumar121

I'm starting to use this kind of platform. Initially I used it for the contest, plus they also gave me about $6 in Dogecoin, so I changed them for TRX to compete in another event they had. They have a lot of very good events, if you don't mind winning even a few dollars

Thanks for passing by :D

19.08.2019 18:32
1

Resteem para que les llegue a otros @ jadams2k18

18.08.2019 15:05
1

Thank you very much, I appreciate it :D

19.08.2019 18:33
1

Dear @jadams2k18

This is definetly more difficult topic. Not the easiest read this monday morning :)

as if you were going to go to jail

Well, now you made me laugh. Perhaps this monday won't be bad after all :P

I found it so hillarious to read all emotiones mentioned by you, that many of us indeed feels whenever we need to proceed with KYC and go through some strict verification.
Unpleasent feeling so I usually do not bother.

Ok, so KYC necessary only once your withdrawals will exceed 10k usd? Not bad.

upvoted and resteemed :)

Yours,
Piotr

19.08.2019 12:05
2

I'm glad you liked it

Well, if you look at my pictures I send to those KYC, my expression seems like I'm being arrested! XD

Thanks for coming by :D

19.08.2019 18:38
1

I hope a mobile app will follow soon. Since people tend to use mobile rather than browser on a pc.

Posted using Partiko iOS

19.08.2019 19:56
0

Sorry for the delay... I've been working a lot...

I hope a mobile app will follow soon. Since people tend to use mobile rather than browser on a pc.

I think they are working on that 😊

29.08.2019 15:46
1

Very helpful and informative. I've heard of this exchange but never looked into it. You have peaked my interest! Thank you!

Posted using Partiko Android

20.08.2019 18:49
0

That's a great news! Sorry for the delay... 😊

29.08.2019 15:47
1

Hello brother, very good article, very detailed your explanation, Congratulations!

The trouble is that I'm late for the contest because according to this date I close hahaha, good for the next.

21.08.2019 12:59
6

Sorry for the delay... Being working a lot...

Thanks for your kinds words... 😊

29.08.2019 15:46
1