Even though Bitcoin just penetrated Indonesia at the middle of 2013, the world’s fourth-largest country by population has shown a huge amount of interest in the cryptocurrency world. Though the market is still a bit lacking compared to the western countries, the trading volume is quite impressive. Hundreds of merchants have begun accepting payments in Bitcoin as well, especially in Bali due to the existence of the Bitislands Project—an idea shared by the local community which aims to turn Bali into the world’s first Bitcoin island.
Due to the volatility of the Bitcoin price, most Indonesian Bitcoin users are also traders seeking for profits from trading BTC. BitBot, a new mobile application available for Android users, comes barging in as a new solution to make it easier for people to trade Bitcoin with Rupiah.
With BitBot Users can trade using two methods in the app: Order Book and Market Mode. Through Order Book, they can submit up to 10 buy/sell orders in the price they want with a custom price difference only with a single click. While in Market Mode, the app will automatically submit an order when the price reaches a specific price difference compared to the market they choose.
There are 7 markets available in the app, including Huobi, BitStamp and ItBit. Users can place orders based on the Bitcoin price in the foreign markets by using the funds they have in Bitcoin.co.id.
Full read:
http://www.coinnewsasia.com/bitbot-the-bot-trading-for-the-indonesian-bitcoin-community/And now you can easily trade in vip.bitcoin.co.id.
