Introduction

Bitteam exchange has introduced an innovative feature on its platform - the virtual currency bRUB. This new solution offers users a convenient and flexible way to manage their ruble funds for exchange and trading purposes.

What is bRUB?

bRUB serves as an internal token on the Bitteam exchange, enabling the transfer of rubles between users. While bRUB is not a traditional cryptocurrency, it plays a crucial role in facilitating trading activities on the platform and serves as an alternative method for depositing and withdrawing funds, replacing conventional processing services. In spot accounts, bRUB is displayed as RUB and can be involved in trading pairs, whereas in P2P accounts, it functions as an exchange token.

How Does bRUB Operate?

Users can transfer rubles between their spot and P2P accounts using bRUB:

• Transfer to P2P Account: Users can transfer RUB from their spot account to their P2P account, where the currency is converted to bRUB.

• Order Creation: Users have the option to create orders to either sell bRUB or purchase orders from other users.

• Buying and Selling: Purchasers of the bRUB token can move it to their spot account, where it is converted back to RUB. These funds can then be utilized for trading other assets on the platform.

Advantages of bRUB

bRUB offers a significant advantage of facilitating RUB transfers without incurring any commission fees. Unlike conventional processing systems that impose additional charges for transfers, the conversion and transfer of bRUB between accounts occur within the exchange's system, eliminating unnecessary expenses.

Conclusion

The introduction of bRUB on the Bitteam platform presents new opportunities for depositing and withdrawing fiat funds, enhances the convenience and security of transactions, and contributes to infrastructure development - all aimed at enhancing user experience and reinforcing Bitteam's presence in the cryptocurrency market. With commission-free transfers, user-friendly features, and advanced trading capabilities, bRUB emerges as a valuable tool for all participants on the exchange. Bitteam remains committed to progress, introducing new and innovative solutions for cryptocurrency trading.