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.
@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.
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.
2/ Need to understand all about futures, how they work, and why BTSE has the most advanced and beneficial system in the space, which allows you to settle in any crypto or fiat pair?