A global P2P cryptocurrency exchange

November 9, 2020

4 minutes of reading

Opinions expressed by Business owner the contributors are their own.

BitcoinGlobal is a peer-to-peer (P2P) cryptocurrency trading platform that brings together traders from around the world to buy and sell cryptocurrency directly with each other, without intermediaries. With over 60 payment methods, traders are free to choose which option is the cheapest and most convenient to execute their trades.

BitcoinGlobal pushes the bar in cryptocurrency buying as it caters to exchanges around the world with no restrictions. Users can directly spend their native currencies to purchase Bitcoin or USD Tether available on the ERC20 and TRC20 networks directly on the spot without having to go through too many restrictions.

BitcoinGlobal kicked off with the listing of the pioneering cryptocurrency, Bitcoin and the popular stable currency, Tether. The advantage of having these two cryptocurrencies is obvious. Bitcoin can not only be used to trade on the Bitcoin Global exchange, but it can also be used to buy goods online as it is the most established and adopted cryptocurrency in the world. Meanwhile, Tether for its part can be used to hedge against crypto volatility for use by day traders who offer clients a basket of options to keep their money.

Unlike other peer-to-peer exchanges that offer very tight withdrawal and deposit limits for unverified users, customers on bitcoin global can withdraw up to 2 BTC without identity verification and can deposit an unlimited amount of cryptocurrencies in the their Bitcoin Global wallets.

There are more than 7,509 cryptocurrencies in circulation today with a combined market capitalization of approximately $ 387 billion in 31,658 markets (market data obtained from coinmarketcap). Exchanges account for a larger portion of all of these exchanges – decentralized and centralized exchanges – as there are over 300 exchanges and they count with the top 10 exchanges responsible for over $ 20 billion of total market capitalization.

DEX’s assets have skyrocketed in recent times due to the hype of the DeFi market reaching new heights, recently surpassing the daily trade of the leading cryptocurrency exchange Coinbase, but peer-to-peer cryptocurrency exchanges still remain largely part unpopular, accounting for only a small fraction of cryptocurrency transactions in total.

A typical feature of all these 300+ exchanges is the fundamental and strict requirement to pass KYC before transactional activities, only a few exceptions allow trading activities up to 2 BTC without KYC.

Some things to keep in mind when trading on Bitcoin Global

• Under no circumstances should you release cryptocurrency to a buyer before receiving payment because cryptocurrency transactions are irreversible. This is why you need to double check that you have actually received the exact amount you expected from your business partner.
• You cannot send cryptocurrency from your Bitcoin Global wallet to a platform like satoshidice which is capable of returning cryptocurrency to a sending address.
• The Bitcoin Global team will never ask you to share your login credentials or request any specific action on the website.

Safeguard your Bitcoin Global account

In order to protect your privacy, Bitcoin Global changes your receiving address after each transaction. This makes it difficult for cybercriminals to use a block explorer to track you down and eventually track you down. There is also built-in two-factor authentication to prevent hackers from accessing your account even if they manage to find your password.

Sometimes you may want to send Bitcoin or Tether to a particular address and the transaction will fail. Don’t go crazy! This is happening because bitcoin Global’s security is at work to protect your funds. If the security system detects suspicious activity, it automatically blocks transactions sent to the suspect.

Advantage of using BitcoinGlobal

Trade directly without intermediaries, outside the BitcoinGlobal escrow block of all cryptocurrencies sent to protect users, the exchange is not involved in the transaction, nor does its staff, the negotiations are carried out strictly between buyers and sellers.

There are very few peer-to-peer crypto platforms that enable escrow services and enforce global exchange standards, this is not common in the industry, BitcoinGlobal’s peer-to-peer crypto platform raises the bar on how the P2P trading system should be done as also recently started trading without the KYC system, a skill that will allow users to make withdrawals of up to 2 BTC per day without the need to go through KYC, a feat intended to bring in users who are averse to being profiled before you can trade.