Thread by @BTSEcom

Why you should move from BitMEX to BTSE. A thread 👇

1/ We use a next-generation matching engine which runs purely in memory. This eliminates the need for databases and speeds up transactions to sub-millisecond times. No frozen trades, no headaches.

2/ BTSE uses horizontal scaling, which means that we can upgrade our servers with 0 downtime. This is essential during bull markets when a lot of users sign up & log into their accounts, as the scalability issue gets resolved. People were buying Binance accounts in 2017? Ha!

3/ BTSE's servers are self-hosted, which makes us just as careless to @awscloud's unexpected crashes as this dancing honey badger. It's also great for data security and privacy.

@awscloud 4/ Speaking of privacy, we don't do any KYC for crypto trades. You can do spot & futures trading with any pair of BTC-ETH-LTC-USDT: we won't ask for any KYC/AML data unless you settle your transaction in fiat.

'member how @binance's KYC data got hacked & dumped on Telegram?

@awscloud @binance 5/ BTSE offers Futures 2.0 which allow our users to post margin & choose to settle in any combination of fiat/cryptocurrency available. This greater flexibility should be appealing to both crypto & traditional traders.

blog.btse.com/post/bitcoin-f…

@awscloud @binance 6/ Our long-term plan is to onboard traditional traders to the platform & bring more liquidity to Bitcoin. Traders of commodities, bonds, stocks, fiat currencies (Forex) will find a familiar interface that allows them to instantly take advantage of Bitcoin's volatility.

@awscloud @binance 7/ We want to be:

1. More scalable than @BitMEXdotcom BitMEX (yes, we also have the 100x leverage trading, but with better futures);
2. More #safu than @binance;
3. Less shitcoiny than @krakenfx;
4. More Bitcoiny than @coinbase;
5. More privacy-friendly than @Bitstamp.

@awscloud @binance @BitMEXdotcom @krakenfx @coinbase @Bitstamp @threadreaderapp unroll