Home / Crypto Currency / BitMart Announces Strategic Partnership with RatingToken

BitMart Announces Strategic Partnership with RatingToken


Advertisement
This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release.

BitMart Exchange, a premier global digital asset trading platform, recently announced its strategic partnership with RatingToken, a blockchain-focused rating website based on big data analysis. This is the second cooperation with token rating website since BitMart partnered with TokenInsight last month, which symbolizes BitMart’s ambition to build the most transparent and trustworthy digital asset trading platform globally.

RatingToken is a blockchain-focused rating website based on big data analysis. With technical support from Cheetah Blockchain Security Center, RatingToken aims to provide efficient project value assessment tools for the industry. Through massive data analysis, RatingToken rates projects in a standardized process and presents them in graphic forms. This allows investors to assess risks straightforwardly with a comprehensive understanding of projects itself and their future growth potential. RatingToken has also partnered with several third-party organizations, aiming to create the data ecosystem in an open and collaborative way.
Last month, BitMart announced its partnership with TokenInsight. With data analytics results and comprehensive token rating from TokenInsight, BitMart has provided users with easier access to clear and unbiased information. Even though the rating function has launched for less than a month, BitMart has already received mass amounts of positive user feedback. This achievement further reinforced BitMart’s determination in building world’s most authoritative and transparent digital asset trading platform.
“What truly matters to a leading digital asset trading platform like us, is the quality of tokens that are listed on our platform. By Implementing the analytic results and token ratings from third-party organizations, we are taking one step further to ensure our users a riskless trading environment on BitMart.” said Sheldon Xia, Founder and CEO of BitMart.

About RatingToken

RatingToken is a blockchain-focused rating website based on big data analysis. With technical support from Cheetah Blockchain Security Center, RatingToken aims to provide efficient project value assessment tools for the industry. Through massive data analysis, RatingToken rates projects in a standardized process integrates multi-dimensional data such as transaction information, smart contract lists, hype monitoring, sentiment analysis, etc., and presents them in graphic forms. This allows investors to assess risks objectively with a comprehensive understanding of projects and their potential. RatingToken will work with third-party organizations to create a data ecosystem in an open and collaborative way.

About BitMart

BitMart Exchange is a premier global digital asset trading platform in the cryptocurrency market with over 520,000 users worldwide and ranked among the top 8 crypto exchanges on CoinMarketCap. BitMart currently offers 129 trading pairs with one of the lowest trading fees in the market. BitMart’s daily trading volume ranges from $70,000,000 to $120,000,000 USD and total trading volume has reached over $6,400,000,000 USD since launching in March.
BitMart currently offers Let BitMart Work For You and Registration Sign-Up Bonus programs, providing users with commissions from their referrals and 20 BMX for registration.
To learn more about BitMart, visit their Website, Twitter or join their Telegram.

Read more

Check Also

Bitcoin Cash Price Gets Skewed due to Exchange Trickery

A lot of confusing action is taking place where the Bitcoin Cash price is concerned. Although its actual decline in value is quite obvious for everyone to see, the real price of BCH is not necessarily what people can see on Coinmarketcap. This is primarily because numerous exchanges treat BCHABC as Bitcoin Cash already despite nothing being decided in terms of which chain will be the longest. Bitcoin Cash Value Fluctuates Heavily Depending on where traders look at, the price of Bitcoin Cash will be either close to the $400 level or down to $250-ish. That is quite a large gap between prices, yet one that is also very easy to explain. Bitcoin Cash, as people knew it before the fork, no longer exists. Most professional exchanges have also retired this price ticker, for the time being. As the hash war rages on, there are still a lot of unknown factors waiting to be addressed. Despite this ongoing kerfuffle, there is a net 5.76% decrease in the Bitcoin Cash price, and a 5.4% decline over Bitcoin. More specifically, that is what CoinMarketCap reports at this time, although this is not necessarily the case whatsoever. In fact, some exchanges are clearly jumping the gun by labeling BCHABC as BCH and thus dragging the Bitcoin Cash price down a bit more. Exchanges currently engaging in this activity include Bittrex and Coinex, neither of which plays a big role of importance when it comes to trading. However, based on the current value of BCH on Bitfinex and Gate.io, it seems a similar incident is taking place. One also has to keep in mind Bitcoin Cash was getting battered ahead of the network split as well. Most exchanges have halted trading of BCH indefinitely, primarily because the currency no longer exists. It is evident either BCHABC or BCHSV will take over that name in the future, but nothing has been decided at this point. As such, any trading referring to just “Bitcoin Cash” or “BCH” should be avoided, as most users can never be sure which currency is effectively being traded under this name. All of this skews the picture pertaining to Bitcoin Cash altogether. Coinmarketcap reports there is still $392m in trading volume for BCH, even though that is virtually impossible right now. With so many exchanges freezing deposits and withdrawals, it is evident actual BCH trading is no longer possible whatsoever. Virtually all platforms have deposits of BCHSV and BCHABC frozen as well, which only makes this market trend more confusing. It is safe to say the entire network split has been a bit of a mess first and foremost. In the case of Bitcoin Cash itself, that name will – under the current circumstances- not be used across exchanges for much longer. Instead, the two separate camps need to be treated as such first and foremost. Until things settle down – with might not necessarily happen anytime soon – the Bitcoin Cash price itself is pretty much irrelevant for most traders and speculators. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. The post Bitcoin Cash Price Gets Skewed due to Exchange Trickery appeared first on NullTX.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Disclaimer: Trading in bitcoins or other digital currencies carries a high level of risk and can result in the total loss of the invested capital. theonlinetech.org does not provide investment advice, but only reflects its own opinion. Please ensure that if you trade or invest in bitcoins or other digital currencies (for example, investing in cloud mining services) you fully understand the risks involved! Please also note that some external links are affiliate links.