Spot exchanges in bitcoin are well established, but many traders find it annoying to deal with the orderbook and liquidity issues, and certain barriers to entry in trying to fund the accounts like expensive wire fees.
That's why trading platforms that source liquidity with these exchanges and offer trading solutions can be useful for a lot of people trying to trade bitcoin. One new place offering the ability to trade using bitcoin completely anonymously is a service
WhaleClubCo. Many know WhaleClub as a fantasy trading place, but it is now becoming a real trading platform. They're running an aggressive launch promotion where
they will match the first deposit from customers 100% giving traders a bit more to work with. Just visit
www.whaleclubco.com to redeem it now.
We recommend if you want to learn some basics about them,
listen to this useful Hangout had with Petar before. Their platform is really simple and userfriendly, here's how it looks on Desktop and on mobile:
But we wanted to learn even more about the exchange so we sent some questions to Petar to get some things clarified. We were impressed with the fast response and professionalism from the whole team as well as Petar. You can read the full Q&A here but here's a little snippet of some highlights:
If there's no orderbook, where does the liquidity come from?"We pull low-latency, real-time price data from multiple liquidity providers and provide our own price feed. It is based directly on the bitcoin markets."
What fees do traders pay?"There are zero fees on all order placements, order executions, deposits, balances, account creation, inactivity, and real-time data. If you use leverage, we charge a small 0.2% interest daily."
Funding sources?"We are very well-funded, mostly through private money. Venture capital has contacted us to invest, but in our and our customers’ interest, we prefer to remain fully independent at this time."
Read MoreAnd get your 100% deposit match now at
http://www.whaleclubco.com
