Hit BTC now charges commission for bitcoin deposits

Hit BTC introduces deposit charges to combat high bitcoin network fees
26 December 2017   869

Hit BTC exchange announced that now users have to pay a fixed fee for bitcoin deposits to platform. This new fee will be deducted from the total incoming amount and will be 0.0003 BTC. So, if your deposit is equal or lower, than there is no point to try, because company warns, that all the amount will be accounted as a commission and there will be no refunds in such cases.

Such unfortunate circumstances arose from the all-time high network fees, so concerns about other exchanges implementing something along those lines are more than justified. For example, Bitpay already tried closing transactions of $100 or less, judging them to be uneconomical and impractical. Of course, the community pressured them to restore functionality, but who knows, for how long it would hold?

All this drama takes root in one problem – increased popularity of Bitcoin caused increased demand for processing. And the mempool continues to be boggled down with over hundred thousand unconfirmed transactions at any given time. So, no wonder that transaction fees had hit a new high recently with $37 payment to have transaction mined in three blocks on 12/21/17, and today, on 12/26/17 it just slightly dropped down to $28 to rush the queue.

First BTC Forks Battle to be Held on p2pb2b Exchange

p2pb2b exchange is going to challenge 'digital gold' fork
28 September 2018   508

Since the launch of the very first cryptocurrency, lots of developers were trying to improve Bitcoin and fix existing bugs. According to Bitcoin.com, there were 69 Bitcoin forks in total in the crypto market in April 2018 and only 10 of them were traded on exchanges. p2pb2b exchange has decided to figure out which of the forks deserve to be listed and currently holds Bitcoin Forks Battle for the first time in the history of the crypto market. The platform is not going to decide the destiny of coins itself. Instead, the community of traders will be voting for the best coins in their opinion. The winner will get a free listing on p2pb2b.

How does the Battle go?

Bitcoin Forks Battle is held on the p2pb2b exchange in 3 stages. Any of Bitcoin forks can participate. The following forks are already participating in the Battle: B2X, BCA, BCD, BCX, BIFI, BTCS, BTN, BTX, GOD, LBTC, NRO, SBTC, UBTC. There is still a chance for any other Bitcoin fork to join the competition. Only traders registered on p2pb2b with at least 0.003 BTC / 0.05 ETH / 25 USD on their account in order to exclude frauds. The voting itself is free.

  • Stage 1 - Qualification
    • The stage will last for 7 days and only 8 most voted coins will pass to the next round.
  • Stage 2 - Play-off
    • 8 coins will be randomly divided into pairs. A fixture list will be made and coins will participate in matches just like it works in football. There will be 6 matches in total, 24 hours each. 2 finalists will pass to the next stage. Coins that will make it to the play-off will receive a special offer for the listing within a month since the announcement of the battle results.
  • Stage 3 - The Final
    • The final stage will last for 5 days, the most voted coin wins the battle and gets a free listing of p2pb2b.

Bitcoin forks will finally get a chance to enter the crypto market and find its acceptance. Coin holders will be able to benefit from trading and an improved functionality that each fork has already presented. Check out the official website to participate in the Battle and choose the coin you like the most.

p2pb2b
p2pb2b

p2pb2b cryptocurrency exchange has made a reboot after 4 years of work and introduced users a completely new platform for safe and profitable trading. The team is mainly focused on the needs of businesses and large enterprises. However, each participant of the crypto market will be able to find benefits in using p2pb2b exchange. Traders get high performance, safety, and client’s support. Businesses take an advantage of a possibility to list a new coin for 5 minutes, updated API, officially registered Estonian company. More information about the platform is available on the official website.