BW.com Exchange: The Best Trading and Exchange
BW.com Exchange is a platform which was launched last 2017. It is a platform with an impressive liquidity and maintains its reputation of being one of the top 10 in terms of its daily or 24 hours trading volume. B means Bit, which is the smallest unit there is in the information world. Considered as one of the blockchain technology and digital assets representation, having the most notable currency called, Bitcoin.
W comes having 2 definition, first is “World” that represents BW’s vision in creating a varied and a self-governing group through its production, which are appreciating and circulating the digital assets of the exchange. The second meaning of W is “Wealth”, a representation of BW’s wish to share the development achievements via this platform’s users and investors through an innovative models of the business, global communities’ participation, and leading technologies.
The interpretation of BW is mostly as a “cryptocurrency network”. In the global domain BW.COM which have millions of users and providing a huge mining pool services of mainstream of these currencies just like ETH, UBTC,LTC, BTC, and other more, they had possessed one of the top-level position. Almost 300, 000 Bitcoins, 2 million Ethereums, and 1.5 million Litecoins were produced in BW mining pool.
More than 3 billion US dollars had become the total value they reached. There are more than 1 million Us Dollar that are being recorded for the daily output of various digital currencies, it comes from a self-operated mining machines. The cryptocurrency exchange that is highly based on mining pool and the first POS mining community worldwide is the BW.COM.
BW.Com belongs to the faction of newly arose decentralized cryptocurrency exchanges. This was first an online mining pool but it shifted to cryptocurrency trading after it was acquired by CollinStar Capital. It is known as the crypto asset management firm that is claiming to be one of the biggest around Asia-Pacific region.
Despite the shifting done by BW it still maintains the operation on mining pool. BW.com supports 51 cryptocurrencies and offers up to 117 trading pairs currently, but this platform does not support fiat currencies. Take note, BW is not accepting US-investors, so basically you won’t see or know any US citizen on the lists of investors of BW.
The platform also has its native token called BWB which is compliant with the ERC-20 standard. It has an expansive scope of application which you can be granted of a right to acquire dividends, carrying out election supervision, be part of decision making and revenue distribution, and most especially use this as a trading vehicle. The platform charges 0.1% for takers and makers which imposes a flat fee. The withdrawal fee, on the other hand constitutes 0.001 BTC for Withdrawal of BitCoins. This exchange runs a Market Maker program which relieves users from trading fees. The platform supports mobile application, and it is available for both android and iphones.
There will be no issues that can be found on BW. Their trading fees are reasonable comparing to other platforms. You can use BWB tokens in many ways there is. They are also operating attractive schemes that works being in favor of BWB holders and the contributors. Over-the-Counter (OTC) trading was recently introduced in the platform which probably will draw institutional investors. BW already has its Launchpad that already hosted some successful IEOs.
Now ZB gives its full technical support to BW. ZB, with more than 5 years of experience in security management and operation management of trading platforms which is why it is one of the world’s biggest digital asset exchanges. A core strategic alliance has been formed by BW and ZB.
BWB has a total supply of 1 billion and will never have an additional issuance ever. “Synchronous release of POS mining” is the mechanism that distributes the BWB. 51% of BWB is allotted for community users while the remaining 49% will be used for the targeted distributions. When you are a user of this platform you will have those benefits are stated above and you will definitely have a nice trading and exchange experience on cryptocurrencies. Make good decisions and choose the best option for you. Remember to check or review everything you would like to try before doing so, with that you will never have to regret on what decision you had made.