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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 Volume 24h
1 Bitcoin (BTC) BTC Bitcoin predictions 86% 27 $42 006.83 -4.17% -11.61% $790 777 578 253 $41 573 961 976
2 Ethereum (ETH) ETH Ethereum predictions 74.8% 50 $2 879.59 -7.07% -16.54% $338 800 687 923 $25 455 977 114
3 Cardano (ADA) ADA Cardano predictions 64% 78 $2.20 -0.66% -7.10% $70 530 174 233 $5 763 986 466
4 Tether (USDT) USDT Tether predictions 96% 1 $1.000970 0.07% 0.08% $68 659 237 949 $93 828 324 388
5 Binance Coin (BNB) BNB Binance Coin predictions 60.8% 78 $348.19 -6.87% -15.48% $58 542 876 453 $2 057 601 013
6 XRP (XRP) XRP XRP predictions 75.2% 48 $0.924682 -5.83% -13.60% $43 198 966 767 $4 659 237 045
7 Solana (SOL) SOL Solana predictions 63.2% 83 $138.11 -5.71% -4.49% $41 056 611 386 $4 034 501 259
8 USD Coin (USDC) USDC USD Coin predictions 91.6% 1 $1.000267 0.05% 0.01% $30 417 483 528 $4 065 492 865
9 Polkadot (DOT) DOT Polkadot predictions 62.8% 74 $30.18 -3.58% -11.25% $29 809 015 432 $3 812 011 883
10 Dogecoin (DOGE) DOGE Dogecoin predictions 65.2% 78 $0.207270 -6.12% -14.82% $27 239 347 325 $2 234 082 488
11 Avalanche (AVAX) AVAX Avalanche predictions 63.2% 82 $72.92 -1.19% 13.58% $16 064 028 875 $2 370 386 128
12 Terra (LUNA) LUNA Terra predictions 68.8% 61 $35.08 -2.70% 0.04% $14 034 168 133 $2 304 712 139
13 Binance USD (BUSD) BUSD Binance USD predictions 95.6% 1 $1.000286 0.05% 0.03% $13 472 060 941 $7 056 846 892
14 UniSwap (UNI) UNI UniSwap predictions 65.2% 74 $19.45 -7.57% -21.12% $11 897 275 823 $467 119 485
15 Chainlink (LINK) LINK Chainlink predictions 68% 64 $22.48 -7.13% -20.69% $10 218 284 489 $1 660 724 551

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