BTS ID: tradebts.gulu
) is a platform that buys and sells BitAssets. Right now, we deal BitCNY at 1:1 ratio with CNY for a small fee.
1) Who we are?
We at TradeBTS are a team of four — 1 project manager (gulu), 1 tech, 1 accountant, and 1 customer service.
2) What has TradeBTS done?
A. Since its debut in Nov. 2014, tradebts.com has dealt 1.3 million BitCNY accumulatively.
B. TradeBTS established an agreement with BTC38 exchange (www.btc38.com
). As a result, the latter now accepts BitCNY as a deposit method for CNY. To an average user, he can fund his BTC38 account just like CNY, with 1:1 ratio.
3) What’s next on our roadmap?
A. Persuade more exchanges to accept BitCNY as funding channel.
B. Seek fundraise to boost our BitCNY capacity. It’s not likely that big-boy merchants and institutions would accept BitCNY before any dealer reaches certain level of BitCNY capacity.
4) How can we do it better?
A. Limited by the capital size of TradeBTS, we have set a daily limit of 5000 BitCNY to each individual account. To grow our capital size and better serve the community, we plan to go for crowdfunding on dacx.com in 3 months.
B. We are at the very beginning of BitAssets’ adoption. Therefore the market is pretty small. One of our major missions at TradeBTS is to educate the market on BitAssets. Right now, we are doing so at a loss, as the revenue from dealing is far less from making even off operational cost. Additional cash flow from a fully-paid delegate could further help us educate the market.
5) What does the fully-paid delegate mean?
A. Grow the capital at TradeBTS for the purpose of BitCNY dealing.
B. Long-term market education on BitAssets.
C. More fundraising at crowdfunding. Larger capital capacity means better likelihood of getting in the big-boy merchants.
Our campaign slogan: BitAsset works; your vote counts.