BITFYE Ltd. recently launched its third-generation cryptocurrency exchange, bitfye.com. It features a high-performance matching engine that was developed over three years. The company’s official website claims that the third-generation matching engine can handle over 2 million matches per second.
The company’s third-generation matching engine is designed to provide a high-quality trading experience. It helps prevent the risk of liquidation by determining the market’s stability and price advantage over other exchanges. BITFYE is backed by various prominent venture capital firms such as Spark Capital and Parallel Ventures. Its core team members are experienced executives from some of the most prominent cryptocurrency exchanges.
With the addition of several cryptocurrency perpetual contracts, such as Bitcoin, Ethereum, LTC, and XRP, BITFYE has made it easier for its users to trade with a maximum leverage of 100X. It also supports both Flash close and Market orders to help minimize the risk of sudden and volatile changes in the market.
Another notable addition to the platform is the new take-profit and stop-loss function, which allows users to take profits or losses before or after they open a position. This feature eliminates the need for them to look at the screen and automatically triggers a trade once a preset price has been reached.
The company’s asset security is maintained by implementing a 100% reserve ratio. This ensures that the funds are always available for permanent redemption. Its cold and hot wallets are additionally equipped with multiple signatures to prevent unauthorized access.
All Customers are VIPs in BITFYE
With a multilingual customer service team, BITFYE’s users can easily ask any question through its online or community support channels. This ensures that they receive the highest level of service in the industry. Every member of the team is a VIP, and Bran regularly reminds them of this. He says that they should make it a part of the company’s culture.
Due to its superior customer service and trading experience, BITFYE has gained a loyal following in various Asian countries, such as India, Indonesia, South Korea, and Japan. The company is continuously improving its products and is expected to become one of the leading exchanges in the industry in the future.
Dil Bole Oberoi
