On today's escapade inside crypto we will feature BitBay.
1. Introduction
BitBay is a decentralized exchange platform and just released a fully-functional decentralized marketplace.
BitBay trades multiple cryptocurrencies and fiat money such as PLN, EUR and USD.
BitBay achieved international success with Polish capital. These are some of their features:
Evolution
BitBay was created in 2014 in Katowice.
Blockchain
Find their blockchain here
Consensus Method: Proof of Stake
2. Leaderboard
David Zimbeck is the founder and leader developer of Bitbay.
The term smart contract is widely used now. David was the first person in the world to code contracting software in BitHalo (now BitBay) a year ahead of Ethereum.
3. Roadmap
4. Trading
Exchanges: Bittrex, Cryptopia and BitBay ofcourse
Volume: approximately 10.000.000 USD
Market cap: >78.000.000 USD
Bitbay trades under BAY on virtual currency exchanges.
5. Customer Support
I contacted customer support through chat on bitbay.net, they replied within 10 minutes.
They redirected me here
Discord
Bitbay.market
Bitbay.net
6. Social Media
Facebook: >12.000 followers.
Twitter: >4.000 followers.
7. News
Latest news
November 20th 2017: New BitBay website (bitbay.market)
November 27th 2017: New BitBay web wallet
Upcoming news
November 30th 2017: BitBay will be hard forking
Conclusion
Innovative financial tools and great features on good tech makes BitBay truly an amazing cryptocurrency. BitBay already has an almost polished and a working product. The coin has a purpose unlike other crypto's.
The hard fork for BitBay could potentially benefit their price even more. But don't forget the value of BitBay (in bitcoin) more than doubled & at it's peak tripled compared to 2 weeks ago.
If we look at the value in USD it went even more ham which makes BitBay a somewhat risky invesment on the short term. What is your opinion?
Always invest at your own risk and keep yourself updated.
We will keep you posted and updated on and any cryptocurrency we feature.
Next cryptocurrencies in this weeks rotation:
Cardano/ADA
Previously on Crypto Escapades: