This article concerns BitValve, a decentralized peer-to-peer cryptocurrency exchange I recently found and wanted to explore.
What do you think is hidden beneath its simple but secure interface? Why can they make themselves so unique in a saturated industry?
What is Bitvalve?
BitValve is a cryptocurrency exchange that operates in a decentralized manner, allowing buyers and sellers to transact with each other directly rather than through an intermediary.
It is an entirely autonomous exchange that harnesses the power of the blockchain so that users can carry out exchanges in a secure and transparent environment.
In other centralized exchanges, user balances are stored by the exchange. With BitValve, users’ funds can remain in the users’ wallets until the initiation of a trade.
This way, they reduce the chances of the exchange being hacked, which is the case with most centralized exchanges.
Bitvalve Profile
| Feature | Description |
|---|---|
| Type | Peer-to-Peer (P2P) Crypto Exchange |
| Supported Cryptos | Bitcoin, Ethereum, Litecoin, and others |
| Payment Methods | Bank Transfer, PayPal, Western Union, and more |
| Decentralization | Fully decentralized, no intermediaries involved |
| Security | Uses blockchain technology for secure and transparent transactions |
| Anonymity | Allows for anonymous trading |
| User Base | Global, accessible to users worldwide |
| Launch Year | 2018 |
What is BitValve P2P crypto exchange?
With BitValve P2P Crypto Exchange, you can buy and sell your favorite cryptocurrency, with over 300+ payment methods, anywhere in the world.
BitValve guarantees the safety of the transaction by acting as a safe escrow until both parties have completed the trades. Check out the Marketplace and start trading in seconds!
How to Sign Up on BitValve Exchange?
To sign up to BitValve Exchange, you need to take these steps:
Go to the bitvalve.com site or Get the mobile app from the Google Play Store.
Register for an account: Register your email address and create a password.
Confirm your email address: When you go to your email account in the inbox, look for a verification email and open it by clicking the link to verify your account.
Finish completing your profile and account: Complete the requested personal information and attach any relevant documents that would be used for identification verification.
Add funds: Deposit your Bivalve account using bank transfer, PayPal, and Western Union services.
Trade: After configuring and completing your account verification, you can purchase and sell cryptocurrencies on the trading platform.
BitValve Fees
BitValve Exchange has implemented reasonable fees for users:
P2P Trading: New users receive 0% commission for a promotional period, then 0.5% per trade volume.
Crypto to Crypto Trading: A flat rate of 0.2% per trade volume.
Withdrawal Fees: Charges vary from one cryptocurrency to the other but are low on the whole,
These fees make BitValve easy for both beginners and advanced investors.
How Many Types of Trading Options Available
The BitValve Exchange provides its users with an assortment of trading features, such as:
P2P Trading: Normal users can easily buy and sell cryptocurrencies to and from other users.
Crypto to Crypto Trading: Users can swap one digital currency for another.
Crypto to Fiat Trading: Users can trade cryptocurrencies into real money.
Fiat to Crypto Trading: TC Users can also buy cryptocurrencies with regular legal tender.
Why and when should you use a Peer-to-peer crypto exchange?
A peer-to-peer (P2P) crypto exchange can be likened to attending a decentralized marketplace where you can directly interact with other participants, each with its offerings and requirements.
Here are some reasons to use a P2P exchange and the situations where they might be the most beneficial:
Community Engagement
P2P crypto exchanges can foster a sense of community and mutual assistance. If you value direct interaction with other traders and like the social exchange aspect, P2P crypto exchanges might be for you.
Rare Coins and Tokens
Some P2P exchanges can host a wider variety of coins, including rare or lesser-known ones unavailable on traditional exchanges. If you want to diversify your portfolio with unique digital assets, a P2P exchange can be the place to go.
Emerging Markets Access
In some countries or regions where banking services are not as readily available, P2P exchanges might provide a more feasible way for individuals to gain exposure to cryptocurrencies.
Direct Control
P2P exchanges give you more control over your transactions. You can set your terms and conditions, including the price, payment method, and timing. This might be more suitable for traders with more say in their transactions.
Mitigating Systemic Risk
Centralized exchanges are subject to system-wide failures or hacking incidents, which could potentially put your assets at risk. P2P exchanges avoid this by facilitating direct transactions between individual users.
How to use a P2P Crypto Exchange
The easiest way to buy and sell cryptocurrency is through a peer-to-peer cryptocurrency exchange like BitValve. Here are a few key points to consider:
Is BitValve Safe?
BitValve Exchange is regarded as a secure trading platform for the buying and selling cryptocurrencies.
As a decentralized operator of a peer-to-peer exchange, it applies the interaction on the blockchain as a security measure.
Security for the users of BitValve is assured by an escrow system that secures trades and moderators who are online all the time to monitor the transactions.
Even so, they must be prudent while utilizing any exchange and do their investigation.
BitValve Exchange Features
Assorted Payment Methods
Several payment methods can be used, such as wire transfer, PayPal, or Western Union.
Decentralization
Now, there are no touchpoints to ascertain and execute, making it easy for transactions to be done secretly.
Anonymity
The system allows trade in the markets without revealing one’s identity in a register.
Global participation
It can be accessed by users from all over the globe. Thus, it can be accessed to trade from all of Wales.
Safety
It deploys blockchain, which secures transactions.
Simple structure
It has been designed efficiently and is thus friendly to novice and expert traders.
The BitValve Referral Program
The BitValve Referral Program enables users to make money from referring other users to the platform.
For each successful referral you do, and only when you refer a person with your unique link, you are rewarded 5 BTV, equating to about 10 dollars USD.
Furthermore, you also benefit from 15 percent of the trading fees charged to invited users.
You can also invite as many people as possible, which is an excellent opportunity for passive earnings with the help of other users discovering BitValve.
BitValve – Crypto App on Android & iOS
The BitValve app, downloadable on Android and iOS, provides a hassle-free P2P crypto exchange.
The users can purchase or trade cryptocurrencies such as Bitcoin, Ethereum, and LiteCoin using several funded options, including bank transfers, PayPal, and Western Union.
The BitValve app allows you to buy and sell crypto worldwide without difficulties, and it is straightforward and fast to do so with the help of the application.
BitValve Exchange Customer Support
BitValve Exchange provides round-the-clock customer support to resolve the users’ problems as soon as possible.
The users can contact the support team via email and live chat.
The support team’s functions include responding to clients’ requests promptly and ensuring secure trades are done.
BitValve Exchange Alternatives
Paxful
It is a well-known platform for P2P trading that offers many types of payment methods.
Bisq
Users can exchange cryptocurrencies on this decentralized, non-custodial exchange without any intermediary platform.
LocalMonero
Geared towards users who prefer anonymity for their Monero investments, this site offers excellent security features.
CryptoGem
An easy-to-use P2P exchange that supports many coins and enables users to trade freely.
Conclusion
BitValve Exchange is unique amongst P2P ‘peer-to-peer’ cryptocurrency exchange platforms as it is safe and offers reliability to peer traders.
Due to numerous supported payment options, advanced functionalities, and an intuitive interface, BitValve makes trading convenient and trouble-free.
The system’s dedication to decentralization and anonymity is quite attractive to all crypto users.
If you are an experienced trader or a beginner in the crypto world, it’s not a problem – BitValve allows most operations related to convertible cryptocurrencies to be done.
