To seize the blockchain business opportunities, virtual foreign currency exchanges have been opened directly. So far, there are a lot more than 500 exchanges and thousands of currency types. Nevertheless, the issue that follows is the fact that users' digital possessions are often scattered in various exchanges are tough to manage. Spotting this discomfort point, the virtual currency management application BitUniverse released the "one-stop digital asset management services", which was officially launched nowadays (30). BitUniverse, the world's 3rd largest app of the same type and the biggest in Asia, had been created by Chen Yong, a previous senior vice president of Cheetah Cellular. http://b3.zcubes.com/bloghome.htm pointed out that BitUniverse was appreciated at US$50 million through the seed round half a year ago. In https://www.illustratedfaith.com/members/topblockchain1983ge/activity/371002/ with official statistics, BitUniverse has already reached 400,000 downloads in under one year following its launch, rendering it the 3rd largest in the world and the biggest in Asia among similar applications. With regards to average monthly energetic users, BitUniverse has reached almost 100,000, among which Taiwanese users rank 3rd. Gao Hao, somebody of BitUniverse, said that before any publicity for that Taiwan market, there were more than 30,000 customers in Taiwan, which is why they have innovative to the Taiwan marketplace before major digital currency markets such as Japan and Southern Korea. One. Chen Yong, the founder of BitUniverse, feels that "significantly less than ten companies can stay with the current situation of a huge selection of exchanges." Furthermore, he also believes that at this time the exchange will need treatment of the affairs of securities companies, brokers and also banks, but it is difficult to do everything professionally. Therefore, he believes that in the foreseeable future, fund guardianship and exchanges will undoubtedly be divided. Zhang Tingyu's photography connects main exchanges for automatic accounting, revenue and loss computations, and real-time screen of quotations. Chen Yong said that BitUniverse will not provide asset custody solutions like exchanges, but "asset tracking" to improve the performance of user resource management. And a big area of the reason behind BitUniverse to use of the virtual currency trading market is the "automatic data processing" function it provides, that is, it could automatically upgrade the user's transaction information on each system by connecting to the major trade APIs, and Provide transaction data the exchanges failed to provide in the past. " https://gumroad.com/9598455166266/p/russian-official-press-china-is-definitely-gestating-a-bitcoin-killer-that-may-shake-the-hegemony-of-the-dollar with exchanges is the fact that the current exchanges hide information that will reduce the willingness to industry," Chen Yong described. Associated with that more than 80% of dealings are loss-making, and something of the services they provide is through API and major exchanges. Concatenate, calculate the user's revenue and loss in each trade, each currency, and also each transaction through formulas. Currently, BitUniverse's automated accounting function supports a lot more than 20 exchanges, including large exchanges such as for example Binance, Huobi, Bitfinex, Coinbase, OKEx, etc., and calls for reaching the goal of supporting resource tracking of more than 100 exchanges by the finish of August . Furthermore, BitUniverse also links the real-time marketplace data of more than 200 exchanges and much more than 5,000 currencies around the world, allowing users to choose currencies based on currency market value, ups and downs rankings and other information, and based on the cross-analysis of varied exchanges to create their own judgments. Which system can be used to trade. Chen Yong furthermore revealed they have recently begun tactical cooperation with securities companies, hoping to translate stock market investing strategies such as K-line, capital movement in and out data, and in-depth analysis charts towards the BitUniverse platform to help users choose cash. BitUniverse links the real-time marketplace information of more than 200 exchanges and much more than 5,000 currencies all over the world, allowing users to select currencies based on currency market worth, ups and downs rankings along with other information, and in line with the cross-analysis of varied exchanges to determine which one to utilize Platform dealings. Zhang Tingyu Photography In the foreseeable future, the "one-click buy" function will be launched. Not merely will it be an information integration platform, BitUniverse may also supply the "one-click purchase" function in the future. Chen Yong described that small exchanges have high risks and the only reason to bring in users would be to buy currencies that can't be bought by large exchanges. Therefore, in addition to connecting big exchanges, they also hope to release "one-click currency trading" in the foreseeable future. Function, in order that users no more need to register small exchanges to get special currencies. The exchange will play the part of a big brokerage firm and complement BitUniverse. But for the trade, why cooperate with BitUniverse? Chen Yong feels that the trade must become licensed and subject to supervision in the foreseeable future, and may evolve into the role of a large brokerage firm. Rather than increasing the range of user reach, it pays more attention to consumer quality as well as the scale of each transaction; BitUniverse is usually aimed at general investors. I hope to reach a more substantial number of customers through good items and lower consumer transaction thresholds, but the underlying trading system is still supplied by the trade, and the two roles are usually complementary. "BitUniverse, like a resource integration platform, can reach customers sooner than exchanges and be the entrance of exchanges," stated Chen Yong.
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