We are pleased to announce our next AMA on November 28th 2020 at 12:00 PM UTC Time: Satoshi Club x BarterTrade
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join BarterTrade Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions. 6 Questions will be selected from our website – please submit your questions in the comments section of this post.
Part 2: 100$/10 users – Open chat for 100 seconds. You can post Max 3 questions. BarterTrade Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about BarterTrade
For more details:
BarterTrade – @BarterTradeofficial
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
You have a sentence about airdrops and awards on your site. What are your studies and plans on this subject?
What are your plans for staking? Tokens earned as a result of staking have always badly affected the token economy. What will you do to prevent this?
How many other people are in your team other than those who are at the forefront? In addition, under which titles the running person is working in your technical team ?
Why do you use Proof of Hold consensus, what are the advantages for locking FNT in vouchers and why do you choose ERC-1155 voucher knowing the many problems of ETH blockchain
How is the deflationary mechanism of $BART? Are there any benefits for long-term holders?
For the crypto world, what is the big aim of this project? And how do the people around it influence it? Can you give me points to persuade me to invest in $BarterTrade in the long term with other investors?
New projects are into Defi, Oracle etc. But you choose to do exchange market company despite numerous exchanges in the crypto market. I believe you have something new which other exchanges lack. So what new thing(s) are you bringing into your exchange that will traders will not only enjoy but also attract traders to start getting in?
Security is really important and valued by users these days. Would you mention Barter Trade security measures? How is it protected against being hacked, and in case it does, is there insurance for investors?
Considering the increasing difficulty currently being experienced on the ethereum blockchain, coupled with reports that ETH 2.0 may not go live ’til around Q3/Q4 2021; how are you planning to overcome such issues as outrageous gas fees etc once your DEX goes live?
How do I know this project to begin my studies to this exchange?
Why the value of this token is very low they have opportunities to pump soon?
I think this project was very successful exchange soon?
“BarterTrade will be the first exchange to introduce Algo trading in the crypto market space”, sounds great. I have a few questions about this, will advanced technical knowledge be necessary to set up our bots and inficiators, has this system been tested enough in the market, does it work without problems?
Have you tested the platform usability and graphics enough? I ask this because I have had terrible experiences with other trading platforms where the price goes on one side and the chart on the other, indicators suddenly disappear, orders are delayed, and so on.
Is it much different to use Barter Trade with a $BART Token than without it?
BATTLEGROUNDS sounds pretty exciting. Can you tell us more about it? Will these battles be tournaments that Barter Trade will organize for the community in general? Or can I challenge anyone whenever I want? I would also like to know if during the competition you will be trading for real money, or fictional money. There are platforms where these tournaments will trade you with fictitious money and reward you if it’s real money, so my question.
How does Barter Trade differ from the other trading platforms we already know? What makes them different?
When will you launch the social trading function? Is this function already advanced?
10% of BART Token is marked for airdrop, bounty and community incentives, is this something we at Satoshi Club can still benefit from?
In Q3 of this year the platform is supposed to be launched, so but it’s still on the test network. How soon would before the platform would be ready for users to use? And would this delay the other milestones on your roadmap?
I tried to get a feel of the exchange platform but the trading pairs are limited to four pairs, are other tokens going to be listed on your platform? And how do projects go about listing their token on your platform?
For beginners can you please tell us How to Pick the Right Exchange for trading? How to optimize profit?
As a community based project, how can I donate my quota for your success? Do you have a Global Ambassador Program or a Referral Rewards System?
Thanks
Can you explain how is your Tokenomics Distribution? How many tokens Will be minted ? And How many tokens Will be locked by the team?
How will your project generate profits / income to sustain your project and what is the revenue model?
How will it benefit your investors and your project?
Can you explain more about your SAF (Smart Assets Fund) program. How do we join this program?
Most of the crypto projects are now being developed towards the decentralized model. Why does barter trade remain focused in the Centralized model? Is DEX in your plans for the future?
Question for Bartertrade.io: I like your social trading option. Many pro traders have their structure already in place and may not be willing to move their trade to your platform. Will there be an option where pro traders (or anyone) can enter their trades on your platform with a dummy wallet used exclusively for social trading, without actually making the trades? Thank you.
SECURITY is always prioritized as it’s important aspect of every project, what is BarterTrade security foundation ?
BarterTrade The Dev Team consists of 12 members,how you are going to mange the exchange ? 12 is not that much, are you planning to adopt more or is that just it?
Speed and execution are an integral part of trading, what BarterTrade doing about that?
How are you going to target the beginners to crypto and trading?
I am read in your website:
“Providing an extensive smart contract audits, penetration tests and a situational awareness platform to predict vulnerabilities and threats before they occur.”
You say that your project is very secure. Is the security of the other project more of your security than the circle? What is the reason for saying that?
BarterTrade focuses on security, transparency and efficiency. According to the feedback you have received from your community supporters so far, how successful have you been in this regard and how do you focus on security?
What are the special membership cards you have prepared for BarterTrade users and what premium features will they unlock when purchased? Do these cards provide additional discounts for those who hold BART tokens?
What exactly is the PIE trading feature BarterTrade offers to its investors and how does it enable them to trade better for your investors?
What steps will you take to implement marketplace legality?
Can I profit if I have followers who copytrading me?
Is there any guarantee that algorithms and AI will make the best decision with my portfolio of crypto assets?
Is it necessary to complete some kind of KYC or ID verification to fully enjoy all the services Barter Trade offers? If so, how can users be sure that their personal information is safe?
You announced your partnership with the social network SoMee. Can you tell us what are the reasons for this partnership and how both platforms will benefit? What special advantages will enjoy both platforms’ communities?
You mention on your website the Barter Trade’s Marketplace. Can you tell us when will it be available for users? Will it list only crypto related products and services or not necessarily crypto related? And how will be regulated the products and services offered?
I saw that you introduced a Loyalty program our “Bart Squad VIP Community”, which you say will enable to bootstrap the Barter Trade ecosystem can you explain how this loyalty program works is it ongoing at the moment how can we be apart of it and what will be the rewards
BarterTrade did a $BART Community Burn… allowing users to voluntarily burn $BART Tokens…. what incentives do you give user who voluntarily burn $BART tokens..and why did you decide that users should send exactly 3000 $BART to the burn address.. what if a user wants to burn more than that or less
Can you explain why there is a Swap from $BRTX to $BART…. why was this decision made and What Difference does this bring to the entire BarterTrade Ecosystem..
BarterTrade has a very large team with people of integrity as I have followed up all members of the team on LinkedIn. This makes me want to try out the platform. However, you didn’t mention anything about the transaction fees when a user trades or exchanges crypto on the platform. Does BarterTrade cover transaction fees?
At the battlegrounds, what games are available to be played or is it only chess that is available to be played? As I can see the knights and pawn as the logo. Also, how are winners determined in each tournament at the battlegrounds?
Why is BarterTrade regarded to as a complete ecosystem for traders? And how can BarterTrade empower users?
The two biggest dilemmas in crypto are the Liquidity issue and volatility issue. What steps BarterTrade is taking to tackle these two dilemmas?
Does your Exchange easy for newbies? KYC is a must to fully enjoy your service?
– BarterTrade is a Gamified way to trade cryptocurrencies. Can you explain to us what kind of games or how you integrate games into trading within Barter Trade?
– What is “Algo Trading”? Is it like a futures market or what can we compare it to? Is it something completely innovative?
– If Barter Trade is going to be a Cex, why will you also create a Dex platform? What advantages would this bring to Barter’s native token?
One of the main problems and weaknesses of various exchanges is the false volume and bots that place lower or higher orders immediately after we place ours. Does Barter Trade solve these issues? Can we trade without worrying about bots or fake volume?
Within the Barter Trade platform, we can copy other successful traders or monetize our own trading strategies. Can you explain how we can start to monetize our own trading strategies? What level of experience do we need? How can the user know which Trader to trust?
In your website says this project is focused on 3 pillars:
Security
Transparency
Efficiency
How do you show this three points to the community?
When a project is launched, we generally see extensive lists of tasks to accomplish during a quarter of the year. Barter Trade shows us a very simple roadmap on its website. Just “Public Sale” is scheduled for the third quarter of 2020. Can you give us more details?
One of the benefits of using $ BART is the option to get a 100% discount in trading fees. That’s for BART holders, but how much must an user have to hold to be eligible for this benefit?
Barter Trade’s top 3 priorities are “Security”, “Transparency” and “Efficiency” which are appreciated features by traders and investors. So what do you do to provide transparency, what measures have you taken for security and how do you achieve permanent efficiency?
The three pillars of Barter Trade are Security, Transparency, and Efficiency. Those are important features, as also are privacy, scalability and low fee, how is Barter Trade handling these matters as well?
How does the Barter Trade anti physhing system work? Which other features converge with it to make Barter Trade a trustable choicrs for users to invest their funds?
As a security measure in Barter trade there are audits of the smart contracts in the ecosystem, How are smart contract audits done, how is privacy preserved in it and wherecare the results published?
How secure are my assets in Barter Trade cold wallet, how can I transfer from exchange to wallet, is the exchange wallet insecure? What are your recommendations about in which contitions holding funds in each wallet?
The problem of the platfoms that use the Copy trading /social trading are the poor Incentives or Revenues that they offer to the strategies owners, so can you tell me what so you offer your the strategies owners?
Can you explain what make you took the decision to Swap the $BRXT to $BART?
Barter Trade has 4 Main communities ( Turkey, Japan, china and Vietnam), all of these countries related to the ASIAN territory, so what will be the Next incoming communities that you will create? What about an Indonesian community?
What is ALGO TRADING and BATTLEGROUNDS? What is the difference between ALGO TRADING, SOCIAL TRADING and BATTLEGROUNDS?
You have a unique functionality called Algo Trading. Users will be able to set conditions for orders. In traditional Spot system, when we create an order, that amount is locked and we cannot use it for another order. Does Algo Trading allow us to create multiple orders for the same asset? Lets say I have 100 USDT, I want to set 2 conditions, one is for buying ETH if it goes to 500 USDT, the other is for BTC if it goes to 17000 USDT (for the same 100 USDT) and expect to get which ever occurs before. Is this possible? If not, can you give some examples of what can be done?
BarterTrade has “SECURITY FACTORS”:
2FA / 3FA
IP registration
Deposit / Withdrawal Notice
Protection against DDOS
Anti-phishing system
Multi-signature wallet
Offline cold storage
Hardware wallet support
How do these elements satisfy #Available, #Utility, #Integrity, #Authenticity, #Confidentiality, #Nonrepudiation?
(The six essential SECURITY FACTORS)
A few months ago you mentioned a controversial situation with an exchange (whose name starts with I), where they openly offered you to create fake volumes for your token. What is your honest opinion about those exchanges that put up fake volume to attract more users? What message would you like to send to those exchanges?
One of the features that we can find on the Barter Trade platform is called “Barter Trade PIE”. Can you explain us in which situations it is useful to use the PIE algorithm? How does it work? I have not heard of this feature on any other exchange.
For a successful “trading product”, presence on popular platforms is a deciding factor. Is BarterTrade available on Google Play and App Store? And BarterTrade supports all popular operating systems Windows, macOS, Linux?
Social trading consists of Copy trading, news feed and social earning. Here, you can easily trade just by copying a fellow trader from the leaderboard where Masters are ranked based on their reputation badges which are earned by the activity and success rate of the traders. So is their no restrictions in your platform to copy other people’s trading? If copying trade to fellow trader in leaderboard, do they have any knowledge that their trade is being copied? Do they get something if the copied trade has a good profit?
What is the maximum leverage that BarterTrade will support? How many trading pairs are there on BarterTrade? When will I be liquidated on BarterTrade?
Does BarterTrade support or plan to integrate API?
BarterTrade claim to have both Decentralized and Centralized Exchange, how this both system work in BarterTrade Exchange? Could you please explain it to us
On your webpage, “BarterTrade will also offer a Decentralized Casino Platform where users can gamble using their cryptocurrency assets. Initially, the BarterTrade DEX Casino will offer poker and live sports betting, adding many games in the future” . Where is barterTrade holding company be domicile ? why does barterTrade choose to offer gambling on a crypto exchange? How much revenue is this expected to bring in?
BarterTrade will be the first exchange to introduce Algo trading in the crypto market space. What will be the fee to use the algo trading ? What type of configuration is offered for the user ?
You have partnered with Flourishing Capital in this endeavour, how will the partnership works ?
“Barter Trade is a revolutionary trading platform that aims to widely bring cryptocurrencies and other blockchain assets to people through an efficiently designed user-friendly platform.”
I frequently see the word “revolutionary” on projects. Kindly tell us what are the features of BarterTrade platform that will revolutionize or bring radical / fundamental change in cryptocurrency trading?
How will BarterTrade incorporate AI from Flourishing Capital, will it be available to all BarterTrade users? How will it help beginners and experienced traders in making buying/selling decisions? Have you tested it out yet and what are your impressions?
BarterTrade will be the first to introduce Algo trading in the crypto market space. Where is Algo trading usually applied and use. Are you confident that this Algo trading mechanism can outshine or compete with the other Trading platforms today?
Can you share how many big Crypto influencers and/or traders are interested in earning commisions and profit sharing of their followers copy trading them as part of your unique Social trading feature?
What is the reward for experienced traders? Will you share some of the commissions collected? Tell us about how you want to attract and retain traders on the platform
BART will be used to pay for subscriptions to all types of bots on the Algo platform … I would like to clarify what the Algo platform is. And learn a little about your exclusive bots. Can we see the results of their work? Evaluate before buying? And who will create custom bots ? Will you have your own constructor, or we can order it from successful traders?
The fact that you plan to use 15% of the profits to buy back the BART token and then burn them is good. Apparently we are talking about commission fees on the Barter Trade exchange platform in any currency except the BART token. But some of the commissions and some services are paid for with BART tokens. What will happen with these incomes?
I read that one of your best feature from your exchange is Social Trading, which allow a trader to copy from one of the top rank trader. What is the requirement if we want become one of the top ranker in Social Trading? What is the benefit of become one of top rank and have much follower who copy all your trade ?
Actually there are so much exchanger out there that already have large community and start in this business first before BarterTrade Exchange. What is BarterTrade strategy to attract people to try your platform?
I read from your TELEGRAM, one of your member said there is an Airdrop for your pre launch “Mainnet Series” NFTs. Can you please explain what is the requirement to get this NFT?
Why do you only have pc version of barter app. When will mobile version be out?
Barter is the exchange of goods and services at an equal price. Is that what you aim for? What conditions are required for the exchange, the exchange itself is anonymous or both parties see each other, what currencies can be exchanged, are there any commissions charged?
Battlegrounds is a platform where Barter Trade traders can enjoy elements of fun and entertainment while trading.
Does this mean that I can trade and compete with other traders at the same time? What are the awards? Will my bidding somehow influence the outcome of the competition?
If I understood correctly, then any Barter Trade user can borrow their cryptocurrency and receive passive income from this? I wanted to know more. What interest rates are offered, for what periods and what can be used as collateral? And creditors are somehow insured against unscrupulous borrowers?
If we hold bart coin is it possible you to provide our wallets to some discount for our trades?
I read and didn’t quite understand about Barter Marketplace. It says — exchange old goods and services. is I understand correctly? This is not just an exchange of currency between individuals, but an opportunity to sell or buy a crypto service or some things?
You know building a community is important and I really like this project. Is it possible you to provide our community to some airdrops?
How far are you willing to go in being open to the public and putting out open source? Aren’t you afraid that this openness could be exploited by hackers? Knowing Your code makes it easier to find holes to crack.
Do you plan to build a smart trading bot inside the barter app for making trades for us easly?
I see that you have allocated 30% of BART as a so called “company reserve”. It’s a big enough qty, let’s say it’s near the same qty(28%) as you have allicated to sales to investors. What is the purpose of this reserve? How will you use it? And how can investors be sure that the reserve will not unlock before 60 months of the vesting period ends?
Do you or will you add support to uniswap platform?
Being transparent is important. Do you plan bu make burnouts or burnbacks for bart? And will you announce them before doing it?
I just registered an account on your exchange and found that there are only 4 coins available so far. Do you plan to add more coins/tokens and when? Which coins you have in the mind? What are conditions and fees for a new coin listing? Do you plan to offer a free listings based on users voting?
One question for partnerships, what is the vetting process for having them on the exchange? And what challenges are you finding the biggest in this space?
I wonder how much time does it take to build barter and how many people are on your team? Can we trust you about you always continue to developing your project?
I found a very attractive 3-levels referral program in my profile of your exchange. It looks similar as Kucoin has had when started. But your exchange is in test mode so far. Will you keep this program when real trades start? As i see i can get up to 50% from the 1st level of referrals, but nothing said about the comission for 2nd and 3rd levels. How much is it? Is it a percent from the total of referral’s trading fees or what is it?
There are certainly loads of partnerships and collaborations between projects of diverse repute and adoption, which to these end Barter trade is no exception. What has been Barter’s trade most memorable and interesting collaboratio (from the many) and why is it so important.
Security always is the to priority for an investors. So, can you explain to us about your project security? Is the smart contact audited?
Regulation is very important. Projects are closed in many countries for failing to use proper regulations and permits. To be worldwide; how do you handle this problem?
The problem of the platfoms that use the Copy trading /social trading are the poor Incentives or Revenues that they offer to the strategies owners, so what do you offer to the strategies owners?