BitVerk - the first fully decentralized protocol in history to offer peer-to-peer leverage. A spot swap - a margin exchange, which allows you to borrow funds, based on existing capital in order to maximize potential profit.
Contents:
- Description of BitVerk (BV)
- Why you should choose this platform?
- BitVerk platform coin
- Company future
Description of BitVerk (BV)
BitVerk is creating a fully decentralized chain exchange protocol that supports the world's first fully decentralized exchange, using credit, based on the Ethereum blockchain. All information about orders is on the blockchain, which reduces the risk of third-party interference. Decentralized order books interact and execute with complete autonomy through an independent system, ensuring complete transparency, efficiency and safety.
Therefore, the motivation behind BV is to implement a decentralized exchange protocol for digital content.
Why you should choose this platform?
BV uses several new technical solutions to implement user interaction in the field of a decentralized market, namely:
- leverage exchange (all order information is on the Ethereum blockchain, instead of a centralized server);
- exchange of ERC-20 and ERC-721 tokens;
- a completely decentralized combination of orders, which reduces the risk of missing a purchase;
- several available (based on ERC-20) exchange pairs, for example, ETH / USDT.
Also, you will find a modular system design, which provides further growth and simple adaptation of the functions of the exchange protocol. Thus, all orders and operations are noted and executed exclusively through the chain through the Ethereum blockchain without interference or control by third parties.
BitVerk platform coin
POINT - an ERC-20 token, which you can use to participate in the BitVerk collection system. You can receive coin as a gift when performing certain protocol operations, for example, by accidentally drawing the so-called Collectible card (s) from an accessible deck of Collector cards. The accumulated points can later be used to perform various operations. In order to make a bet, you need to do the next:
| Deposit | You must make a deposit to the platform wallet. This serves as a guarantee to make a much larger bet. |
| The choice | By consuming coins from your own wallet, you can choose to receive new Collector cards randomly. |
After you should only confirm your transaction and everything is ready.
Company future
In fact, borrowing funds of the existing wallet balance, you can immediately increase your profit. Since an exchange, based on a loan, requires immediate settlement, this requires borrowing funds. In addition, it is important to note that all orders and operations of the exchanger are carried out exclusively through the Ethereum blockchain. The developers are going to introduce many technical innovations to provide better quality of service to users and services, for example, fully decentralized exchange operations and fee retention. If you have any questions, you can always write to the developers in the telegram channel that they actively use. In the future there will be all announcements of contests, promotions and various updates. You can also study White paper BV.