blockbid-696x449
(Last Updated On: December 29, 2018)

19 September 2018, London. As of the 28th September, cryptocurrency exchange Blockbid are set to offer live crypto trading as they gear up to the full launch later this year. Those that partake will be able to take advantage of trading with no fees at all, as well as unlimited deposits and withdrawals.

Blockbid will be the crypto exchange with the most crypto tokens available to trade, as well as the largest variety of fiat pairs. For this final phase of beta, users will be able to trade BTC, ETH, LTC, XRP, BCH, as well as Blockbid’s own token BID. Initially, traders will be able to use AUD, USD, Euro and JPY, before additional fiat and cryptocurrencies are added at the point of full launch.

Users of Blockbid are able to trade with complete confidence, via a secure and simple means of depositing and withdrawing funds. Traders can deposit and withdraw funds via a straight-forward EFT (electronic fund transfer).

This follows a recent partnership announcement with LexisNexis Risk Solutions and RapidID – which is designed to ensure every possible step is being taken to make Blockbid as secure as possible for both the users and the platform itself.

Prior to that, Blockbid became only the third recipients of an AUSTRAC licence, meaning they have legal permission to operate as a digital currency exchange according to Australian law.

David Sapper, COO at Blockbid, says:

“The next (and final) phase of beta testing is designed to stress test and fine tune the Blockbid exchange. We greatly appreciate our community’s patience during this testing process and invite them to participate and share their feedback. As we will be putting the platform through its paces and pushing it to it’s limits, we are doing our best to keep any downtime to a minimum. However, we believe that in order to truly understand Blockbid’s capabilities, we have to explore its full capacity, and therefore might experience some teething issues (we’re only human, right?). As such, we are offering free trading as a way to say thank you to our users for baring with us during this testing process and helping us make Blockbid the greatest exchange we could ever imagine.”

Following the live trading phase of the beta launch, the Blockbid team will make any necessary adjustments and will announce the full version launch once they complete stress testing the platform and are confident it is operating optimally.

Crypto traders looking to be involved in the next phase of the Blockbid beta launch and take advantage of some no-fee trading can register at blocked.io/beta.
Crypto industry insiders are keeping a close watch on the Blockbid Crypto Exchange as it becomes a front-runner to take its place as the next major exchange.

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