Social media has been buzzing the past few days as we approach April 1st 2018, when a new exchange based in South Africa is set to launch
South Africa’s next generation blockchain startup
We develop fair and completely transparent services for the blockchain ecosystem without any intermediaries. Our state of the art platform will provide many cryptocurrency solutions & services.
A UNIQUE EXCHANGE WITH A Unique Background
Bitify is a unique cross cryptocurrency exchange created with the goal of making cryptocurrency trading easier and more reliable.
We constantly improve in order to answer the needs of our users, tighten security and provide features that will create a new standard for cryptocurrency exchange platforms.
We strive to provide our users with an exchange platform environment that is both safe and secure, as well as fair and ethical. Ensuring a trusted and reliable trading environment is a top priority for Bitify. For this reason, we have instituted circuit-breaker measures to protect average users against excessive volatility and manipulation of the market. These measures will help ensure that the market functions in an equitable way for all users.
The measures instituted are the following:
- We won’t allow placing buy-limit orders at 30% or more below the market price.
- We won’t allow placing buy-limit orders at a price below that of the user’s sell-stop orders.
- We won’t allow placing sell-stop orders at a price above that of the user’s buy-limit orders.
According to Bitify.co.za, the time line is showing that this new exchange is set to launch on April 1st 2018, bringing new technology and advancements to the crypto space in South Africa