Cryptocurrency exchange Bitop has made several changes to its trading platform, which offers advanced trading technology for contracts for differences (CDF).
A cryptocurrency contracts exchange in Singapore, Bitop provides services in more than 150 countries. It was launched in 2018, has offices in the United States, Singapore, and Taiwan, and has secured MSB (Money Services Business) licensing in the United States and Canada, according to the company.
Key features of Bitop include more than 100 CFDs in multiple pairs, a free demo account with 100,000 virtual USDT funds for practice, a mirror trading (copy trading) system, and three levels of API security. When accessing the trading platform users will be able to see the price chart of a certain digital asset and its current value. Buy and sell boxes will also be visible and investors can customize and personalize their trading interface.
Takers and makers are charged a 0.10 per cent fee in trading, excluding volume-based discounts. For any CFD trades, a fixed fee of 0.20 per cent will be charged. Through its “one-click copy” system, Bitop allows new users to utilize small funds to trade and operate contracts through simulated trading, helping them familiarize themselves with CFD trading.
Bitop said it hires security companies to conduct code audits on the entire site code before going online. They also have a multi-level firewall to monitor system data abnormalities in real-time plus user assets are secured with multiple signatures and a hot and cold wallet is adopted to ensure the security of each user’s assets to the greatest extent. Some of Bitop’s security protocols include preventing cross-sites attacks, data verification, auditing of their front, middle and back offices.
There is a mobile Bitop version that is available for iOs and Android.