We are pleased to announce our next AMA on February 3rd, 2021 at 01:00 PM UTC Time: Satoshi Club x Bitsonic
⚠️Click to see the hour
⚠️Total Reward pool: $700
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Bitsonic Telegram group
We will have the following structure:
Part 1: 100$ /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$/10 users – Open chat for 100 seconds. You can post Max 3 questions. Bitsonic Team will select 10 questions and answer them.
Part 3: 500$ – A quiz about Bitsonic
For more details:
Bitsonic – @BitsonicGlobal
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Almost 2 years after the first transfer of $ BSC in the ETH network, how has the high volatility of the market treated you along with the increase in gas rates?
According to your Tokenomics the total supply of BSC is 500,000,000. Is this amount of token fixed or vary over time and is is your token inflationonary or deflationary?
I read BITSONIC is preparing for international bank partnership, How doe it work? What are the features and benefits will provide to the user of this partnership.
1- What are the risks and hazards of having a very high slippage rate from the UI dApp on Polkadot?, that is if the user doesn’t know the limits he/she has the right to.
2- The topic of presale can not be overlooked, when are you planning on listing Uniswap and releasing the long locked tokens?
3- As it is stressed enough on PolkaBridge’s white paper, there are only so many things PolkaBridge can do in order to provide help in decentralized financial but there’s no telling what might affect the same ecosystem, do you think PolkaBridge is trailblazing the path of success in the DeFi world for many other projects as well?
Centralized exchanges are sometimes subjected to lawsuits and charges that of financial concerns, does Bitsonic has the appropriate lawyers to handle these kind of situations and to show to your users that they shall fell safe knowing their assets and money won’t have furthur issues?
It says on your medium account that $BSC staking is temporarily suspended due to burning policies you have, how is this two factors correlated and when will the staking feature of $BSC be continued?
In the future, do you plan to develop a vault system where $BSC holders can deposit their $BSC tokens and simultaneously earn rewards on your platform?
As soon as I opened your website, I was shown a Notice with information I must agree to, or else, I won’t be allowed access to your service. Up till now, I have not been able to proceed to your site as am reluctant to agree with some statements in this prompt which I need you to clarify. One of such is where you said cryptocurrency is not a legal currency. Does it mean if I trade crypto, am engaging in illegal activity? What is the definition of “legality” here? Also, there is another sentence which says I may be prosecuted if am a victim of of phishing or cyber attack. Why should a victim of cyber fraud face legal consequences rather than the person who commit the crime? Under which law do Bitsonic run and how are your operation legal framework consistent with the general principle of equity and justice?
There is an upcoming feature in Bitsonic known as BSC Bridge which will allow cross chain swaps. Which of the multi-chains will be supported by BSC bridge and when will it go live? Will BSC bridge support be limited to BSC token alone or it will have the ability to swap several ERC20 tokens and tokens on other blockchain network? Apart from swap, will there be other additional services that will be integrated with BSC bridge?
Bitsonic is described as the first profit-sharing exchange that goes beyond the limits of a mining exchange. Who can receive this profit and how is it shared? It is also said that Bitsonic offers commission discounts based on VIP levels and that VIP customers are treated preferentially. How can a customer become a VIP and how is a VIP different from other regular Bitsonic customers? What are the various VIP Levels available and what commission or benefits are enjoyable in each VIP level layer ?
I saw that Bitsonic has a partnership with no other than Samsung, which I think is a pretty big deal, specially when it comes to taking Bitsonic to new people that has no knowledge of this crypto world. How are you taking fully advantage of this partnership, what positive things has brought to you? What plans do you have to keep growing alongside such a huge partner?
Because of how the first language that shows up on the page is Korean, I assume Bitsonic is based in Korea. So, would you say the Asian market is different that the rest of the markets? Which market would you like to enter because you think has great potential but so little recognition? Do you think Bitsonic would suit the neccessities in all of them just as well?
I saw that you are soon to launch BSC bridge beta 1.0. How will BSC bridge exactly work? Will anyone be able to participate in this beta launch? Also, I noticed on your roadmap that it says Bridge beta 1.0 will be on Swap, but Bridge beta 1.1 will be on polkadot. Could you explain why is that?
BSC was initially introduced in April 2018 when South Korea experienced rapid growth in the cryptocurrency market. Since then, what other major markets have you ventured into to grow your platform and native token? How did your startup in South Korea help the momentum and recognition that Bitsonic has today?
What are the multiple functions that your $BSC token offers in addition to cryptocurrency exchanges? What are the advantages of having $BSC in my wallet when doing any other type of operations?
Bitsonic is based in Seoul, Korea. What are the benefits of having started your DeFi model in this Asian country? What impact has Bitsonic achieved in this important market in the world? What are your plans for expansion outside Asia and how do you plan to take Bitsonic beyond the borders of South Korea?
Hi! One of the first things I did before investing in a project is browsing through and reading at the chats/opinions of the early adopters or community. As we know, most projects have a telegram and or a discord group for community discussions which I couldn’t find in your case, Also, I find that your twitter posts has very low community interactions.
Can you tell me why you didn’t create a discussion platform over the said social medias for the community? Are you not open to community suggestions?
Collaboration and partnerships are one of the foundations to make the project more widely known, can you share some of the partnerships that you have formed recently and what are the benefits for your project from their partnerships?
many exchange platforms charge high fees for each deposit and withdrawal. what about #BITSONIC? Can you explain the deposit and withdrawal mechanisms?
What is the transaction fee mechanism at BITSONIC? can you tell me about that? because many other platforms are not completely transparent to this case
Why should we choose you among so many exchanges and trading exchanges? What is your advantage?
In your sita that. When the VIP level is raised or lowered, it may take about 30 minutes to renew.
-VIP level is upgraded only when the conditions of’BSC holding quantity’ and’transaction amount’ are met.
-The transaction price is applied after evaluating the price of the transaction in all markets for 30 days from the time of inquiry in KRW market price at the time of transaction.
-The amount of BSC held is the total amount of BSC held, and is applied as a quantity including both Stake and Un-Stake.
-VIP fee policy is enforced only in the KRW market, and other markets are scheduled to be used sequentially in the future.My question is, what is the percentage of fees you get and the discount that I get?
I have opened an account on the bitsonic platform and have been requested to verify my identity so my question.
1/Why is card verification necessary after signing up for membership?
2/What is the list of card companies that can be authenticated?
For someone who owns a token, how can the token be listed on the bitsonic platform?What are the conditions for listing on bitsonic platform?
출금이슈
비트소닉 거래소 코인 지금의 가격에 대해 생각하는지
메인넷 일정 공유. BSG타거래소 상상여부.
What is the role of BSC bridge on blockchain? Why do we need to use BSC bridge?
Why do we buy BSC? Why do we need BSC?What is the attactive for investors?
BSC has been overlooked for years. Do you think why? Many people bought BSC with high price. The value of BSC decreased as time goes by. How do you increase the valuse of BSC except burnt, bridge, partners and exchange listing?
I think that your project and exchange are being scam…
When will you fixed your withdraw issue and Binance market error issue?
Please keep your honor
When I accessed the Bitsonic website, it was in Korean and I had to translate it in order to understand and explore it. Does the team behind the project plan to include direct language versions of your platform soon in order to have a wider coverage in different markets and regions?
BitSonic has a partnership with DukasCopy Bank based in Switzerland. I also didn’t notice that DukasCopy had a branch in Korea where BitSonic originated. Will this cooperation be efficient? how reliable is this partnership to facilitate your customer transactions?
I read in Bitsonic medium an article about the Food Distribution Ecosystem. What is the connection between blockchain integration into the Food Distribution Ecosystem and Bitsonic? Are you also going into this business, or is this just your article about the progress of Blockchain in the food distribution industry?
In your January monthly report you reported that Bitsonic conducted the third transfer burn, so as of February 1, 2021, the cumulative amount of burn is 10,908,488 BSC. How have the successive token burns you have performed influenced the economics of your system and the value of the tokens held by your users?
When the BSC Bridge is officially opened, you said the Bridge service that supports connection and exchange between BSC (issued on the Ethereum chain) and other chains will be provided first. The BSC Bridge service will provide priority support for CrossChain tokens, which are selected as partners.Can you please share who are already selected as your partner ?
i read in your medium that Bitsonic post about Huobi Global’s Huobi Ecochain (HECO) and Bitsonic support HECO ecosystem throught BSC Bridge.What kind of utility service that we can expect from Bitsonic with using HECO ? what is the advantage for user from using HECO in BSC Bridge?
원화 출금이나 암호화폐 출금이 안되고 있습니다 개선이 안되고 있는데 이대로 방치할 건가요? 출금도 안되는 거래소 누가 씁니까? 출금이 안되면 BSC 부랏자던 파트너쉽이던 아무 서용 없습니다 당연히 계좌발급도 안될거구요 출금 문제는 언제 해결할 건가요? 답변 바랍니다
Since the release of your native token $BSC, it is already possible to swap with coins/tokens based on other blockchain projects. Currently, what are the choices to swap on others blockchains? Is this project prupose to allow trough it’s services interoperability cross-chain?
BITSONIC has a feature of Easy Buy with lock-up products on sale with a 15% APY for ETH and BTC and 20% APY for USDT, when you say its easy is it about its speed, simplicity or both of them? And how can variate the APYs on time?
Every day you have:
Burning from KRW market trading fee,
and Burning from BSC trading fee.
Why did you decide to keep statistics on these two points daily? What are the sources of these fees and is there an opportunity on your platform to receive 0% fees?
Hello sir
✅ Increasing Token price
✅ make Token Valuable
✅ Building Community Trust
From 3 aspects above,. I want to ask,. Which one the most important for you?
If all above are important for you,. Which one that Will you do first?
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?
Your project development is really commendable. Let me know how can you survive this longest market and keep building and growing as many projects are dead and scrapped during this time period?
With the economic crisis and outbreak due to Covid-19, What difficulties does your project have? What has been done to maintain growth, strengthen investor confidence, and community support?
Could you give me 2 or 3 key points to convince me and other angel investors invest in your project in long-term?
Where does the project name come from? What does it mean for you and why did you choose that name for your project?
How do you plan to spread awareness about your project in different countries where English is not spoken well? Do you have local communities for them to let them better understand about your project?
Each project has interesting stories before it is created. So can you tell people about the story that gave you the motivation to build and develop a great project like yours?
Who is your investor? How do you generate revenue to sustain the project? What are your goals to the end of 2021 and beyond?
The interface of Bitsonic is very similar to centralized exchanges like Binance, so just for curiousity, it’s requires the completation of a KYC model to operate with Bitsonic?
South Korea is a very strict in cryptocurrency exchanges, so how do you manage the legal politics or permissions?
The BSC is the main token that works on Bitsonic platform, this token have special uses uses on your exchange like BNB with Binance?
I have understood that the BSC token is working to launch its “Bridge” to be able to connect with more that one Blockchain, but how many chains the BSC is aiming to support?
Reading your documentation I came across that you have 8 levels of security authentication within Bitsonic, I really thought it was a bit exaggerated, what is the need to have so many levels, isn’t KYC and two factor authentication (A2F) enough?
Just a few days ago you released beta 1.0 of BSC Bridge, one of the most talked about products in all your publications. Can you please tell us the most important details of this Cross Chain? How much are the fees? What tokens do you support? What are the most important differences with respect to the competitors?
You comment that within Bitsonic there will be two types of membership: the global membership and the general membership. My questions: What is the point of splitting Bitsonic in two? What are the features of each one? Can I join only one of them?
What is the price difference between Bitsonic and XRP?
Pls Describe about your securities?
What is the gas fee of you?
1. Please explain the relationship between BSC and Bitsonic exchange. What benefits or advantages will BSC holders received?
2. Do you have any plan for supporting the other fiat currency such as USD, EUR, or any other fiats?
3. Are there any plan for expanding your business into other country in terms of BSC promotion?
About BSC Bridge. What benefits provide a platform that implements BSC CrossChain? what can BSC holders do with this product?
As I know BSC Bridge that connects each independent blockchain has been released. Is there other additional feature you could tell us about? how is the development progresses?
I read Bitsonic is committed to completing ISMS certification. Is there any progress in the certification process? What benefits does this certification provide?
what are you looking for in a partnership? and why Bitsonic is focus in a partnership with international bank? how this alliance benefits the ecosystem?
Marketing is a central element of any project, to publicize the potential that the project can bring to achieve the objectives. What is your strategy to attract new investors and users to BSC Bridge and keep them in the long term?
One of the main partner of Bitsonic that made me amuse is Samsung. As far as I know Samsung products are mostly appliances and gadgets and Bitsonic is for crypto. So can you describe the partnership of Bitsonic to Samsung? What is the objective and purpose of this partnership? What are the gainful benefits that both parties are being considered? I’m interested to know if what impact that Samsung brings to Bitsonic ecosystem especially you have different focus in the market? How did Samsung become suitable and vibes to Bitsonic? Thank you
I’m a bit confused with your Easybuy listing feature. So can you explain more about this feature? What opportunities that it brings to users, traders and your clients? What are the advantages and disadvantages may we expect with Easybuy listing feature in Bitsonic? Thank you
If there is P2P to other platform, Bitsonic has C2C. Can you briefly introduce to us the C2C feature in your platform? How it is being different with P2P? What is the most advantage of C2C with P2P? How to become profitable with C2C? Thank you
Recently, there have been cases of phishing and fraudulent phone calls targeting digital asset exchanges. So how is BITSONIC prepared from these kinds of issues and what’s your move, plan or solutions about privacy & security?
BSC is not only an exchange token, does he have any other functions? Tell us about BSC as currency for DEFI and IEO
I heard that after the launch of the Bridge service, the Staking Pool service will be activated. So may we know in advance the details of your upcoming Staking Pool Service specially how it works? Also where are you more focused right now?
Bitsonic is planning various services that expand the utilities by adding multiple functions in order to increase the value of BSC. And the first service to be introduced is BSC Bridge right? So what is BSC Bridge & tell us it’s service launch plan? Also BSC Bridge implements BSC CrossChain, so what role it plays in your platform?
Bitsonic used Sygna Bridge – a solution for secure data transfer. Explain why the exchange needed this and why it is important for the user
I had some difficulties to research this project because the website it’s all corean. Will you add some translated information in the future? For what populations are principally intended your marketing strategies?
Bitsonic’s staking feature is temporary suspended due to BSC burning policy. I’m curious about this subject. What does consist of this burning policy and how long will be the staking service suspended?
One of the important functions of Bitsonic is C2C where users are allowed to create buy or sell leads. Do you limit users in this section to keep the control, or can they create any leads? What kind of precautions do you have in order to protect each parties and have a safe environment where no illegal actions exist and users feel comfortable to trade?
Bitsonic, being a Korean Exchange platform, will it give you a greater opportunity to list native tokens of that country before other new projects? is that why the next listed tokens are only Korean projects?
really why focus only on “easy shopping”? Could it be that you have observed some difficulty of purchase in different IEOs? or what is this due to?
I understand that Bitsonic’s motto is “easy buying and trading”, but despite being an important feature, large volume is also required at the IEO, how will it attract and increase the volume of pairs? just promoting its “simplicity”?
one of the benefits of many IEOs is the ease of buying cryptocurrencies with local currencies with P2P, does Bitsonic really have this great functionality? if not, when do you plan to implement it?
In many IEOs it is required to complete a KYC to be able to carry out the smallest operation, with Bitsonic it will happen the same? Or is your focus on decentralization and will you avoid all kinds of personal data from users?
I understand that the founders of Huobi Eco Chain are South Koreans like Bitsonic, are they really the same founders and creators? or really why connect both IEOs with the BSC bridge?
On your website you show that you have Binance, Kucoin and other IEOs as “BITSONIC main pattern”, does that mean that they will follow all the necessary steps to be equal to them? or are they just their partners?
Currently almost all recognized IEOs have their own app that facilitates exchange on mobile devices, does Bitsonic have its own app? or when they plan to develop and create it?
How are new tokens and coins listed on your exchange? I saw that you have a lot of tokens that I have not heard about before. Are there any restrictions related to Korean laws, or do you rely only on your own internal rules when choosing a token?
There is an interesting page on Bitsonic called EasyBuy. I expected to see there something similar to a regular swap, or buying currency with a credit card … But what I saw raised even more questions. Unfortunately, there were no active offers, but in history you can see the sale of physical goods. What is EasyBuy, BSC LEAGUE and SHOP? Auction, marketplace?
Hello, can you share key performance indicators of the Bitsonic, such as the Number of blocks per/second, time of a transaction, transaction speed, and the cost per transaction, or something else?
can you explain about technology overviews of Bitsonic, when bitsonic support exchange to mobile version?
How can I carry out the “Buy Easy” process within Bitsonic? Is it really such a simple quick purchase? How do I get instant access to token offers?
What makes BITSONIC “stand out in the global asset market”? What are the most outstanding benefits that it offers unlike other markets?
On your site I did not see a “Road Map” anywhere. What are the objectives met in 2020? Do you have goals and visions for this year 2021? Which would be ?
In one of the latest Bitsonic news, they mention that Bitsonic is partnering with Swiss Ducaskapi Bank for DeFi. What are the various DeFi services you will provide? What would be other benefits of the partnership with Swiss Ducaskapi Bank?
What are the transaction fees within Bitsonic? Really the payment of fees with BSC will have a 50% discount? What allows Bitsonic to reach this 50% discount?
Bitsonic support BEP20 & ERC-20, now high fee make problem every create transaction, do you have solution about that or Bitsonic have tool to minimize the solution about fee?
Bitsonic Mainnet Token designed as an instrument for staking and in exchange for Bitsonic Gas (BSG) that is consumed for Bitsonic exchange’s trading fee, what percentage of transaction fees at bitsonic?
What do you think of Status’s performance Bitsonic? Is it feasible to have tens of users? If so, what will be the impact on BSC?
Can Bitsonic share update regarding about Coin Listing Partneships and invite to innovation IEO?
i know Bitsonic project from korea, any investor or user from various countries, whether Bitsonic has support in all countries to conduct trading or a restricted country who wants to participate with Bitsonic?
My Question : Do you have high-performance public chain to optimized for trading scenarios, what technical functions does Bitsonic, or any plan?
recently phishing and fraudulent are targeting cryptocurrency exchanges,,What type of security protocol Bitsonic will implementing?
As you know, BTC is pioneer when price Pump/Dump alt coin following the pioneer, do you have solution for the impact or Bitsonic have burn back token in order to stay stable?
It is almost 3 years when Bitsonic Exchange was launched. Did you concentrated your services and marketing on Korean market because honestly I just found out about your exchange here?
DeFi has three sectors: DEX, Synthetic assets, and Loans. What exactly is the focus of BITSONIC? Do you have plans for others that you haven’t focused on yet?
Currently financial REVOLUTION is very much needed, how does BITSONIC help financial REVOLUTION to real users? and how does Bitsonic solve the problem of decentralized finance to help reduce real-world financial INFLATION figures?
Bitsonic is offering commission on every VIP Levels,,Then what are the various type of VIP Levels are available for investors?And what advantageous or royalty are more entertaining in each VIP Level?
One of Bitsonic articles said that the exchange are using 100% of the profits on buy-back and burn to reduce the overall circulating BSC token supply. May I ask where do Bitsonic gets the funds for the operating expenses if 100% of the income are being use for Buy and Burn purpose?
As a CEX platform, have you considered to build/create a Bitsonic DEX to cater the people who are not fond to being subjected into KYC procedures?
What is BSC Bridge, what is its application? And how does it differ from the many bridges offered to us by other platforms?
What are the major advantages of Bitsonic platform?why are you choose this project?
It is not at all clear how to create an account in your BITSONIC application. There is an item: “Enter”, but I did not find the item: “Registration”. And I’m interested in the fact of data protection. On many world exchanges, an SMS code and a code are always sent to the email address when authorizing and when confirming a transaction. How are you doing with that? Unfortunately, I could not test it, because I could not register.
What is the main aim for developing Bitsonic ?
Where is the name origin from?
When I first joined Bitsonic Telegram, I was surprised because it was only a channel that announced the latest information and there was no group for discussion about Bitsonic. Actually global group for discussion is very important because new people want to know and ask directly about Bitsonic. is there any future plans to create a Bitsonic discussion group on Telegram?
I have opened an account on the bitsonic platform and have been requested to verify my identity so my question.
1/Why is card verification necessary after signing up for membership?
2/What is the list of card companies that can be authenticated?
Why does the burning policy not allow stacking? On all exchanges, I can put a native token to accrue profit, and you have to withdraw it to a third-party service and pay for the conversion. It is profitable for me if I can keep the token on the exchange and get interest on it there.
As a European, I am not used to a trading terminal. It is very different from the usual interface. You have to use both horizontal and vertical scrolling, which greatly interferes. Have you specifically deviated from the compact-one window style, or are you still in UI development? And at the same time, please tell me, will it be possible to use grid bots and a smart terminal?