BitSails- The Fast, Secure and Reliable Cryptocurrency Exchange

Talha Tariq
6 min readSep 10, 2020

You already know hundred of new coin are launching daily. Many of them create its community and get a step forward but on next step which is of exchange listing, They may face difficulties because of high fees and low listing of big exchanges. Like project, peoples also face these problem because of high trading fees and less security. BitSails is a perfect solution to their problems.

BitSails is brand new peer to peer exchange that promise ultra high security, and reliability with low fees and fast speed. It based in the European Union, BitSails is committed to bring a safe and reliable infrastructure to European based citizens and worldwide users.

Lets do a detailed overview of BitSails Exchange.

UX/UI (Interface)

When we visit to a exchange, the first impression is its interface or UX/UI. “UX” stand for “User Experience” while “UI” stand for “User Interference Design”. Or simply trading view in crypto language. It is an important part on an exchange. BitSails has a amazing UX/UI. Its charming effect stop deviation from trading chart like as on other exchanges with a difficult trading view.

API

We designed our APIs for high frequency trading and mining pools to build on our platform. We support withdrawals as easy as deposits, as well as trades.

BitSails Trading Features

BitSails provide its users Ultra Fast and Safe Trading. It is very easy to trade on BitSails also for beginners in crypto industry. The below are some features of BitSails trading :

“Ocean” trading engine, built from scratch — We developed a brand new trading engine named “Ocean”. The BitSails infrastructure processes and executes orders with great precision and smoothness ensuring the greatest user experience available. A lot of focus is given on R&D in this particular field.

“Low Fees’’ — BitSails not charge any fees on withdraw and deposit other then the transaction fees charged by blockchain network. It is nothing in front of global industry average, being 0.000812 BTC per BTC-withdrawal.

“Trading Fees” — It has no withdraw and deposit fees. So still the company need to maintain that’s why it charge a very little fees on trading which is much lower then industry average.

Coins Listed

Here are the coin which are available at thi stime on BitSails/

BitcoinCash, BitcoinCZ, BitcoinGold, BitcoinSV, Dash, Dogecoin, Litecoin, MonetaryUnit, Mooncoin, Titcoin, Vertcoin, ZCash, ZukaCoin, BYTN, CoinClix, Sprint, Big Data Cash, Pengolin, The Powe Coin, BearCoin, Bitcoin2 and BitSails Token

BitSails Security

Like in other fields BitSails is very developed, It is also much more developed in Security. It can’t compromise on your security and privacy. BitSails regularly hire pentesters to ensure that its systems are always safe and up to date with the latest security countermeasures against every kind of attack. Providing full security is the aim of BitSails. BitSails provide its user Ultra High Security and Privacy by using various techniques and technologies. Some of them are :

Cold storage and funds security are the main security priority at BitSails. We run a segregated infrastructure where security is at military grade and communication between every part of the system is encrypted and secured by the latest info sec updates.

Two-factor authentication (email or authenticator apps) is required for all funds operations.

BitSails website uses SSL encrypted connection with your browser. We are protected against DDOS by physical and software defenses.

They regularly hire pentesters to ensure that our systems are always safe and up to date with the latest security countermeasures against every kind of attack.

Personal Info & Anonymity Your personal data are protected with the strongest encryption methods. We also ensure that our user’s privacy remains safe purging all the personal data such IP and your browser’s data every 3 months, to minimize the risk of data leaks from our systems.

Fast & responsive support — We know that every coin is valuable and your time’s too. BitSails focus a lot of its efforts in providing a fast, reliable and comprehensive support system, operating 24/7 with trained operators to make every issue fixable easily and fast.

It is also going to launch bug bounty on Hakernoon. You will be updated about it soon.

Upcoming Features

FIAT Trading Pair :

BitSails is going to integrate Fiat trading pair soon. After it you can trade in fiat. It will bring an good opportunity to take advantage by trade Fiat on almost no fees.

Block Explorer Service:

BitSails is going to launch a block explorer service for new coin that will list on BitSails. It will help the new projects to stand.

Advantages

BitSails have various advantages over other exchanges that are explain above. Let see how BitSails will help new project and peoples as refer in starting.

Advantages to New Projects

You already know hundred of new coin are launching daily. Many of them create its community and get a step forward but on next step which is of exchange listing, They may face difficulties because of high fees and low listing of big exchanges. BitSails will solve this issue by providing less fee or free listing to the projects on BitSails exchange that is the best exchange accordance ti its fee. Soon BitSails will block explorer service that can help much to new projects. BitSails dedicated team will also help the coin team.

Advantages to Peoples

Peoples will get a exchange where they can trade with almost zero fees and deposit / withdraw with zero fees. They can trade their favorite coin may be new or old smoothly and make profit while receiving best services. Peoples will have no tension of their data privacy and funds.

BitSails Listing Fees

BitSails policy for listing is:

A) Coins with ICO : 0.25 BTC

B) Coins with Premine : 0.1 BTC

C) Coins with no ICO and no premine : free listing

We reserve the right to list or to refuse to list coins at our will.

About Team

Team is the main part on an project. Team can rise a project to moon and also can dump it. BitSails dedicated team is working hard for the progress of BitSails.

Founders

A.G: Alex is currently the founder and CEO of Bitsails. He loves computers, music, life and a lot of other stuff.

Frank : Frank is the main Engineer and CTO. He brings on the team more than 20 years of experience in scalable network and secured communication infrastructure development.

Employees

BitSails Exchange Operational Team is currently composed by a growing team of more then 5 people, whose deals with the marketing, support and legal fields of BitSails operations.

BitSails is hiring

Do you want to became a part of our amazing team. We are looking for testers and community leaders, moderators and crypto enthusiasts, If you have any one of the skill or any other skill that can help BitSails submit your interest to support@bitsails.com. CV is preferred, but skills are more valuable.

Conclusion

BitSails is a new exchange registered in EU but its service is competitive to top exchanges. It is providing the best trading view with smooth trading while ensuring high security and privacy. It take zero fees on withdraw and deposit and little fees on trading for maintenance. BitSails is bring new features weekly to improve themselves and bring new to project. It is helping new projects much and also peoples. It consist of a very dedicated and experienced team. Simply BitSails is the best option.

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