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Bitrus – ICO Detailed Information


ICO Bitrus
Bitrus Since they originally appeared almost 11 years ago, cryptocurrencies have been promising a change that would make the world a better place for everyone. They offer a number of benefits over traditional finances, including lower transaction fees, decentralization, as well as the ability to reach everyone, whether or not they have access to the bank.
Start May 29, 2019
End October 14, 2019
Rating 3.3
Status
KYC No
Founded
Categories Trading
Whitepaper No
Discussion

Bitrus Overview

ICO description, Technical Details and Documents

Bitrus: Better Approach to Crypto Trading


Bitrus is a multifaceted cryptocurrency exchange that offers its users a host of functions and trading options, all of which are aimed at bridging the gap between the traditional financial and the emerging crypto markets and facilitating further engagement of private and institutional investors in the digital economy.

The project has a clearly defined goal, which is to make Bitrus exchange a rendezvous point for all financial actors, regardless of their scale. Furthermore, Bitrus is determined to become the first online platform free of numerous issues that plague the overwhelming majority of crypto retail exchanges, including hindered integration with fiat markets, insufficient transparency, inadequate fees, and poor customer support.

Solutions


First and foremost, Bitrus aims at establishing the accessible fiat market channels with the primary focus being on the markets of Canada and Mexico and their respective currencies. In the future, they plan to broaden the scope of operations to other countries of South America (Argentina, Brazil, etc.) as well as the countries of Asia and Oceania.

But for the time being, the fiat/crypto trading pairs will include only CAD and MNX against all major cryptocurrencies. Mexico, in particular, represents a prospective market to enter as nearly half of its population of 120 million is comprised of unbanked people, who would be the first in line for the alternative fintech services.

Payment services


To further broaden its ecosystem, Bitrus plans to introduce three payment gateways that will afford means for using all listed fiat currencies and cryptocurrencies, including the platforms native BTRS Coin, compliant with the ERC-20 tech standard, without any restraints that are inherent to the current digital economy. These gateways will include a decentralized marketplace, a set of debit cards, and the network of Bitcoin Teller Machines (BTM), the trial models of which are due to appear in Mexico City in the near future. 

Benefits for traders


From the crypto trading standpoint, Bitrus introduces as much as three types of user interfaces: Beginner, Advanced, and Expert, as they fully realize the difficulties that fledgling traders face when they begin working in this field.  

The Beginner interface has a very basic set of features whereas the Expert one has over 15 tools for technical analysis, as well as leverage trading and trailing stops. Also, Bitrus will feature a demo mode for those who break fresh ground in crypto trading. 

Bitrus also introduces the sub-account feature that provides means for better money management through the separation of secondary accounts from the main one. Following a new trend in financial services, Bitrus offers a social trading feat that permits the inexperienced users to pattern upon the strategies of seasoned traders. 

The exchange will have its own stock index called BTRS 20 comprised of top twenty cryptocurrencies and weighted by the means of mathematical algorithms and libraries, such as SciPy, Pandas and others.

The scope of application of BTRS Coin


Apart from being included in fiat/crypto and crypto/crypto trading pairs, BTRS could be used to get a 50% on trading commission, similar to Binance Coin. The excessive coins will be bought back from users and effectively burnt out.

ICO details


Bitrus is to launch the ICO on May 29, having established the price of 1 BTRS at $0.07 with no minimum investment threshold mentioned in the official papers or website. The token sale event will last until October 14 or until reaching the hardcap. Citizens of the United States, North Korea, China, Bolivia, and South Korea will be denied the privilege of participating in this ICO.

Author: Alex Paulson for Crypto-Rating.com

Bitrus Milestones

* Crypto Rating accepts no liability for any errors in the Bitrus ICO information and Rating. For the most up-to-date information please visit the ICO's official website.

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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 59.2% 81 $16 874.70 3.65% 1.89% $324 337 050 706 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 61.6% 79 $1 266.25 6.98% 8.69% $154 955 601 290 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 93.6% 1 $0.999728 0.01% 0.07% $65 344 934 206 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 68.4% 65 $296.30 -0.06% 8.15% $47 398 738 411 BNB 7 days price change
5 USD Coin (USDC) USDC USD Coin predictions 90.8% 1 $0.999939 -0.03% -0.04% $43 268 973 600 USDC 7 days price change
6 Binance USD (BUSD) BUSD Binance USD predictions 92.8% 1 $1.000196 0.03% -0.09% $22 374 674 909 BUSD 7 days price change
7 XRP (XRP) XRP XRP predictions 66% 66 $0.401945 4.59% 6.55% $20 213 805 129 XRP 7 days price change
8 Dogecoin (DOGE) DOGE Dogecoin predictions 57.2% 85 $0.106316 5.04% 30.08% $14 104 970 590 DOGE 7 days price change
9 Cardano (ADA) ADA Cardano predictions 60.4% 81 $0.313237 1.61% -1.08% $10 787 813 925 ADA 7 days price change
10 Lido stETH (STETH) STETH Lido stETH predictions 96% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
11 Polygon (MATIC) MATIC Polygon predictions 64.8% 72 $0.859004 3.26% -0.55% $7 502 809 463 MATIC 7 days price change
12 Polkadot (DOT) DOT Polkadot predictions 65.6% 67 $5.39 4.32% -0.09% $6 145 246 302 DOT 7 days price change
13 Dai (DAI) DAI Dai predictions 91.2% 1 $0.999629 -0.07% -0.19% $5 639 262 730 DAI 7 days price change
14 Litecoin (LTC) LTC Litecoin predictions 66% 74 $78.44 3.69% -3.79% $5 626 037 116 LTC 7 days price change
15 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 66.4% 66 $0.053898 1.37% 5.61% $5 480 160 672 WTRX 7 days price change

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