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