We are pleased to announce our next AMA on January 26th 2022 at 05:00 PM UTC Time: Satoshi Club x BitStore
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join BitStore Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. BitStore Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about BitStore
For more details:
BitStore Website – bit.store/bitstore
BitStore Telegram – @Bitstore_official
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
What are the benefits of holding your token as long term investment? Can you tell us about the motivation and benefits for investors to keep the your token in the long run??
There are Many Features and Efficient in BITSstore, but what about the security system, is there an AUDIT already. if so, is the audit reliable and guarantees the safety of user assets?
For project development, the main priority is to have sufficient funds. Is your team financially able to carry out this project? Do you have a partnership with a venture capital company or investment company??
With the rapid development of projects such as DeFi and NFT, more and more people are paying attention to digital currency transactions. Bit.Store tends to achieve this through one of its ways by lowering the threshold for users to participate in digital currency transactions by the introduction of direct use of banking services such as Visa and Mastercard to purchase digital currency, just as easy as regular shopping. It is necessary to know that for many people the process of buying cryptos is to first purchase USDT and USDC through C2C, and then exchange USDT for other digital currencies. The process is very troublesome and Bit.store tends to provide solutions to the troubles faced by users. Can you please highlight the processes required in purchasing these digital assets with Visa and MasterCard? How will you regulate this process in all available countries? Is there any restriction to the countries in which these digital assets can be purchased?
I understand that senior investors are able to provide trading signal for other users to copy their trades. Bit.Store in charge of small commission on Signal fee collected. Also, Bit. Store through Bit.Store school provides educational resources mainly including news and investment analysis and financial market guidance. Can you please tell us how and investor can become a senior investor? Will Bit.Store also charge commission on Signal even if an investor gives free signal? How much do you charge per signal provided in Bit.Store? How can a user access the Bit.Store school? What are the requirements for accessing the Bit.Store school?
In solving the problems of people and providing infrastructure around the world for users through your platform, you’ve clearly stated during one of your AMA session that to get Bit.Store globally, you’ll be achieving the following means; “In phase 1 we intend to reach southeast asia countries, after that we will continue with phase 2 where we plan to reach middle east countries, russia and south america and by last we plan to reach north america, europe and australian market. We believe our platform will help all beginner investors that are willing to reach the cryptocurrencies market in an easy way”. I don’t know of a third phase though but I discovered that you did not mention Africa as part of the area you’ll be expanding to despite the fact that the Africa financial market is really rising. What is the fate of Africans when it comes to Bit.Stores??
During my findings, i noticed that Bit.Store is Mostly Focused on SOUTH ASIAN Market, and is also looking at expanding it reach to the entire world, can you please tell us why you chose Asia as your Starting focus points? And i was pleased to see that Bit.store has its own Traditional Token which is the $STORE, could you please tell us about the roles in which these tokens are going to be implemented in your Ecosystem? What are its use cases, and how can We best Acquire it? In what ways does your Token distinguish itself from other Contemporary tokens out there?
Bitstore is an Investment Platform , & It was stated that Bitstore was aimed at making it possible for ordinary people to be able to enter the Digital currency Investment market. I would like to know if there’s any Regulations set in place to access High Risks of criminal activities like Money Laundering and investment Scams? That being said, i would honestly like to know how you intend to carry out this Innovations with The Crypto Begginers, that’s in terms of the (inexperienced Traders)? How do you intend on taking them along as well? Do they also partake in this Decision making process as well? Is there any program to which you can help this inexperienced traders to also learn? And do you also have any Trading License to Affirm the general Public of the genuinity of your platform? Thank you
Bit.Store first chose Southeast Asia as the target
market, mainly because:
Regulatory environmental friendly region: Most
of the countries allow crypto assets as a trading
commodity, for example Indonesia, Vietnam,
Philippines.
Wider potential user growth: A more dense
population and younger demographic makes it
easier to for growing
Bitcoin demand for investment is stronger: Due
to local Fiat currency’s inflation and low ex-
change rate stability.
Mature mobile market channels: Mobile Inter-
net has sown a sharp rise in recent years in Viet-
nam, Indonesia, the Philippines as well as South
America.The Southeast Asian mobile users are
mature enough to establish a market trend and
sustain expansion. In short these users are
ready crypto currency adoption. How is Bit.store planning on gaining access to the global market aside the Southeastern market place?
I understand that users are automatically classified into different levels of member clubs and assigned dedicated asset allocation managers. I learnt that Bit.Store will be moving on with two features which include; The Full value utilisation and Socialization of users. And also, Bit.Store is regularly audited by PWC. Can you please tell us how many levels of member clubs are there in Bit.Store? How can a user be eligible to be assigned as an allocation manager? Can you elaborate more on the full value utilisation and Socialization of users? Can you share us your Audit report?
Of course, among the many novice cryptocurrency investors, many investors are also helpless when it comes to independent cryptocurrency account management, for example, forget account address, transfer to wrong account address, cracked passwords and stolen assets (of which this is the main culprit) and much more. The problem is that crypto investors, especially many junior crypto investors, investing in cryptocurrencies has more than one headache thanks to the joy. How does Bit.Store help investor clients? What are the qualities that Bit.Store possesses? What were the contributions of Bit.Store to become the most popular gold platform in Southeast Asia?
As more and more large companies and institutions like Tesla, Grayscale, and MicroStrategy add power to the crypto bull market, more and more retail investors are also entering crypto. This is also attracting the giants of international payment services to the market, for the opportunity to offer the best fiat. How does Bit.Store motivate the improvement of the future? What advantages does Bit.Store present? What are the fees that Bit.Store has for both investors and entrepreneurs? As we well know Bit.Store has cooperated and worked with more than 20 countries and regions, which are the companies with which they have established strong payment networks?
I read from your whitepaper that BitStore classified users automatically into different levels member clubs and assigned dedicated asset allocation managers.So can you tell us more about this member clubs?How many member clubs have you set up and what consist of them?What are the requirements of being an assets allocation managers and will these managers be assigned to each member clubs?You also made mentioned of BitStore School that provides members with online/offline courses to systematically learn about asset classes.So can you tell us more about this school?When do you usually hold the online classes and where?How about the offline classes?And will there be any charges fee to be part of the online classes?Please explain more Thanks
Concerning $STORE token,it can be use for many things but I picked Governance and Staking.You said that in early stage $STORE can be used for governance voting and other functions and after that when the community shift to DAO,$STORE will manage the entire system as governance tokens.So can you talk more on your governance procedure and what users can actually vote on?For one to participate in your voting,what amount of $STORE is required for that?And when have you planned to shift your community to DAO?Can you also give us more information of Staking $STORE,like the minimum/maximum amount to stake,the APR/APY?And what variety of ecological benefits will users receive for staking $STORE?Please explain Thanks
The Bit.Store community has also established a discussion group based on digital currency investments and information communication channels. Users can connect with professional media organizations to post letters and participate in activities, trial products, reviews, evaluations, and social comments, and can also communicate with each other. Does Bit.Store allow communication between investors to be maintained? How are junior investors supported? What are the fees applied to the buyer and the seller? Could you detail what are the fees that will be applied for transactions from another wallet to Bit.Store?
Currently, Bit.Store has cooperated and worked with nearly 40 payment companies and established strong payment networks in more than 20 countries and regions. This means that most of the world and most payment channels can work with the Bit.Store app. At this time, Alchemy Pay, a famous payment platform, has reached a strong partnership with Bit.Store which also greatly enables its global expansion mission. Could you describe what are the various strategic associations to improve? Could you describe what are the functions of Bit.Store?
Paypal or Cash APP users will be stored in a central database by these platforms when they buy cryptocurrencies. Of course, this has some security risks if a wallet loses user assets or inevitably breaches them. Bit.Store user funds will be secured and deposited in the Coinbase custodian after purchasing crypto assets. Coinbase is one of the largest fulfillment platforms in the world, as well as the well-known cryptocurrency wallet Cobo, which will also pay in full if users suffer any loss. How does Bit.Store guarantee that there is no vulnerability in user assets? What are the advantages of Bit.Store over the mass market service? Is Bit.Store more in line with the habit of traditional investors?
Currently, Bit.Store has cooperated and worked with nearly 40 payment companies and established strong payment networks in more than 20 countries and regions. This means that most of the world and most payment channels can work with the Bit.Store app. At this time, Alchemy Pay, a famous payment platform, has reached a strong partnership with Bit.Store which also greatly enables its global expansion mission. Could you describe what are the various strategic associations to improve? Could you describe what are the functions of Bit.Store?
To extend your business (BitStore)on a Bitcoin investment to increase engagement and revenue,you will continue to enrich the content of your community to increase users knowledge of cryptocurrency,trading skills, industry trends and other information.To achieve that you will introduce KOLs and professional media to guide user to interact with each other and to increase their opportunity to earn.So currently how many KOLs and professional media are now onboard in BitStore and do you have any experiences to share from users feedbacks?You also mentioned that users can support these one with $STORE.So is the amount of $STORE giving to this experts fixed or it’s done voluntarily?And where and how can users do that?Please tell us how long will this support last. Thanks
Bit.store is a crypto currency online investment app for entry-level investors BUT Surprisingly, Bit.store Bitcoin assets will be deposited to Coinbase, one of the largest cryptocurrency exchanges and Cobo, Asia’s largest crypto wallet. Can you explain on why Bit.store bitcoin assets will be deposited to external exchanges, instead of storing them in Bit.store? does this implies that Bit.store is not fully secured? Can you share a little bit information about your security arrangements in Bit.store? if this is really important, why do you choose to deposit only Bit.store Bitcoin assets to Coinbase instead of all Bit.store assets?
Bit.store will include two major types of users which includes the beginner investors and the Signal traders, I noted that signal traders are the users that create and manage their own portfolios and allow these beginner investors to emulate them. Can you explain more on signal traders or investors in bit.store? In order to prevent/reduce losses for beginner investors, do you run any test to ensure that signal traders are efficient and accurate? Can you share on the benefits, incentives which signal traders receive from beginner traders who emulate them and also Bit.store? Can you explain on how users can register to become signal traders in Bit.store?
What kind of payment (Paypal, Mastercad, Visa) will Bit.Store support to buy cryptocurrency? Do you guys support buying crypto with local currency in different regions (Link with local bank)?
You say focus on the Southeast Asian market, but now I only see you support English, Japanese, Chinese, and Indo languages, but I have not seen Vietnam, Philippines, Thailand (These are big and popular markets. high crypto adoption)? When will you guys support these languages?
The fact that Bit.Store develops a social dimension by embracing the web3.0 era and allows small-scale users to create decentralized communities for the sharing of information alongside experienced and professional investors is a very good development as it will tend to lessen the user’s learning curve . Can you give us a deeper insight on the web3.0 insight adoption and it aims? Does Bit.Store have any agreements with top tier investors/traders that allows new users view, track and emulate the portfolios of experienced traders? What Criteria will Bit.Store use to know or select experienced investors? Will these experienced investors be rewarded for giving out their portfolio information? Apart from being able to view the portfolios of some experienced traders, what other measures does Bit.Store have in place to help new users get more acquainted with the crypto market and space?
Bit.store offers a great opportunity to earn while referring friends and family to its services. Besides the usual idea of getting funded for referring someone, you offer a chance to earn on commission bonuses. Could you explain how does the commission bonuses program works in details? Does it have any daily or weekly limits? Are there any conditions to be respected both by refferal and reffered used for the program to be activated? Thank you!
Currently, the investment platform offered by cryptocurrency exchanges have the following issues: steep learning curve, inconvenient trading, security risks, lack of investor knowledge and anti-money laundering. Can you give an insight on each of the above mentioned issues? How will Bit.Store tackle these major issues? What measures do you currently have on ground to tackle these issues in the crypto space?
Personally, I strongly support your mission on helping the world diversify and grow their portfolio with cryptocurrencies. And the main advantage here will be a simplicity to buy crypto in just a few seconds in any corner of the world. However, there’re many countries (and their list is increasing) where it is not possible to buy crypto with bank cards or, moreover, the use of crypto is banned. What solutions can you suggest your potential users who is not able to join Bit.store? Are you planning to work with officials to promote your project and crypto in general? Thank you!
Good day!
On your whitepaper, you had stated that Bit.Store will continue to promote globalization and user growth based of security and compliance. You also stated that Bit.Store will provide global services in the following stages:
Stage 1: Southeast Asia
Stage 2: The Middle East and South America
Stage 3: North America, Europe, and Australia
Why have Bit.Store decided to stage the globalization in this manner? Why did Bit.Store choose to make the Southeast Asian market the first target? Does it have to do with the population in southeast Asia?
Why is the “African market” not a target in Bit.Store’s globalization Quest/Stages? Is there any possibilities that Bit.Store will be adopted in Africa sooner or Later?
Hello, BitStore’s Team!
While reading your whitepaper, I saw that users on the platform will be classifed into two types of users: Beginner Investors and Signal Traders. I was wondering if you could tell us more about this last type of users? What exactly means to be a Signal Trader and how does a user become one? Do you ask for any kind of information to BitStore users before trusting in them as professional investors? If so, what kind of information is required and how do you verify it’s truthfulness? Are there any kind of rewards for those professional investors on BitStore that act as Signal Traders and share with others their portfolios? Thanks.
Hello, BitStore’s Team!
When I was reading your whitepaper, I came across the fact that BitStore has a Bit.Store School, which I think is a really great initiative, could you give us more details about this? How does the Bit.Store School actually work? How can I, as a beginner investor be part of this school and start learning about new things? Speaking of which, what kind of things can we really learn with this School? And also, who will be in charged of providing the knowledge of said school? Will it be provided by Bit.Store’s team or will professional traders be able to contribute to it as well? Thanks.
Hello, BitStore’s Team!
I saw on your website that BitStore has a Refer&Earn Program where users can win more than 1.000.000 IDR, weekly. Could you please give us more details about this Reward Program? What do we need to do, as BitStore’s users to be able to participate in this Program? Also, what kind of actions within BitStore’s platform do we need to perform to win? Could you also give us more details about the prizes? Can we always win 1.000.000 IDR or will that depend on the things we do? How are the winners chosen and how many users can win per week? Thanks.
It seems that a lot of projects have gone and failed to deliver on their promises. How will you avoid the same fate?How can we be sure that you won’t disappear a year from now? What are your plans for the next 6 or 12 months? How do you plans to grow and gain more real-adoption?
What is your strategy to attract new users and investors to your project and keep them long term because Marketing is a central element for every project, so that everyone know the potential that a project can bring is vital to achieve the goals set?
Now in crypto the biggest problems are security in recent days there are many project that had been hack that took the user assets,So how do you insure the security of your project do you have any insurance for this and what are you doing for security of your platform?
Let’s talk about security and breaches. Solcial is pushing a decentralized approach to Web 3.0 so that users benefit from it. Today it is possible to see scams and scams on social platforms, so my question is, how will Solcial control the content posted in the platform?
How Do $STORE planning to promote $STORE project in different countries, wherein English is not spoken well? Do $STORE have a local communities for them to better understand $STORE project?
A portion of projects must discuss “long-term vision and mission,” but what are your short-term goals? What are you currently focusing on? The first step, particularly the diversion, is always critical in establishing a financial foundation for the subsequent steps?
Many projects appear to be successful only in their whitepaper and roadmap, but they face various problems when attempting to implement the project’s mission and eventually collapse. How does your project overcome every challenge in the development of its project?
Nowadays many people are being getting attracted to the crypto world. Many of them are not having adequate knowledge and results in huge profit loss. Do you have any programes to train the new $STORE Token users?
Your project name seems to be very interesting. Does it have any story behind it? Can you share us with the inspiron for approaching to this name?
$Bit_Store is not only has a conventional crypto-fiat trading system, but is unique in adding a copy function. Can you tell us more about the characteristics of this function?
What characteristics does the conventional crypto-fiat trading system of bit.store has? How can users perform a one time currency transaction? And I’m aware of the huge number of users this token has which is above 50,000, what about the novice investors how can get the right trading strategy without the worry of been manipulated of any form while using your base?
You’re aware of the fact that gas fee is extremely high on the ETH netwrk compared to other chain link BSC and Avalanche, what prompted the team to still go ahead to build on ETH chain?
And what early stage function will the STORE token be used for? What significant strength does bit.store products has? How are the benefits within the ecosystem attain by it user’s?
In your kind opinion, can you list the advantages of the southeast Asian that the market for Bit.store is base?
How is regulations related to this project?
And what role will Bit.store play compared with other platform currencies,how can you tell us the unique features that differentiate STORE? What approach will this token have to better understand the web 3.0 stage we are in?
Is your project confined to selected local groups? I am asking this question because there is a drop down menu on your website to select our country and there are only six countries in the menu, Indonesia, United Kingdom, Hong Kong, Japan, Australia and Canada. If my country is not in the list, am I not allowed to use BitStore? Can’t I purchase and hold your tokens just as an investment? Why do you ask about the country of the users? Does your platform differ according to the country? Will you add more countries in the near future? If yes, please let us know which regions will be added.
When distributing the invitation bonus, do you only consider direct referrals? According to your rules, both referral and referrer will receive the bonus. How do you prevent misuses of this system? For example, I can create 10 multiple accounts and grab the bonus 20 times. What is your solution for that type of misbehaviours? Do you distribute the rewards once a month/quarter or will they be added soon after a friend joins the system? Are these rewards distributed to a separate wallet? In addition to the invitation bonus, there will be a commission bonus of 0.2% on the value of assets purchased by friends. In which currency do you distribute this bonus?
To ensure the safety of user assets, you have mentioned that BitStore assets will be regularly audited by PWC. However, I could not find any proof for a previous audit or an audit report. How can I find documents related to your audits? Currently, audited platforms also turn into scams. Thus, please explain about your additional security measures. Platforms may face any unforseen situations due to many reasons. Do you have a partnership with an insurance platform or do you have a reserve to pay back the funds of investors to face that type of circumstances?
I wanted to test out Bit Store app.But when I opened Google play store it said that the item is not available in my country. Also I saw that app is not available on ios.
When are you gonna make Bit store available worldwide and for all devices?
BitStore is said to be a global social cryptocurrency investment platform that enables ordinary people to enter the cryptocurrency market in a simple and transparent way. It is also said that BitStore ensures that new investors/crypto enthusiasts are able to buy Bitcoin in a frictionless manner. Apart from Bitcoin and/or cryptocurrency, are there plans to add other investment categories such as stocks, commodities, e.t.c. to the BitStore platform in future to ensure that users of the BitStore platform will be able to build diversified portfolios according to their different investment needs and preferences?
hello sir how are you? I hope you and your team are healthy and well. That said, every name must have a meaning. and every name must also have a story or history. what I want to ask sir is why is this project called BITSTORE? what is the history of philosophy? and what advantages does BITSTORE have? so much. Thank you.
I understand that there are 2 bonuses for Refer & earn.
Invitation bonus and commission bonus, for every person we invite, we and person invited get 10k IDR.
IDR is not nationwide currency and is rarely known and used in World. Can people choose which currency they want their account balance to be?
“BitStore is a Bitcoin investing app tailored for new and junior investors looking to buy Bitcoin in a fuse-free manner”. There are some other Bitcoin investment channels provided by traditional internet companies but one of the major problems faced by users of these Bitcoin investment channels is the insanely high transaction fees they incur. Can you give more information about the fee system of BitStore? Can you give an idea of the transaction fees that users of the BitStore platform will incur while buying or selling Bitcoin via BitStore? Will users incur any sort of management fees when holding their investment with BitStore?
I learnt that at the moment, BitStore does not allow transfer of digital assets in and out of BitStore. Instead, users will have to sell their digital assets first in order to withdraw their fiat balance. Can you give more information about this? Why did you decide to disable sending of invested digital assets to other platforms/crypto wallets? Can you give an idea of the process and time taken for users to withdraw their fiat balance from BitStore?
I am interested about the Growth of Users Network mentioned in your whitepaper.You said that your
Platform supporters will be acquired primarily through community Marketing, so can you please explain your community Marketing Network strategies?Also currently Bit.Store has over 200,000 users worldwide and you anticipate Bit.store will exceed over 1million users within the year, do you think that your platform has the capacity to manage such influx and what attractive majors will you put in place to attract such great crowd?Apart from social communication handles like Telegram and Twitter,do you plan to expand your channels by introducing it to the Facebook,Discord,Instagram community which I know will attract more investors to your platform?Will you also have an Ambassadorial Program to facilitate the growth of BitStore? Thanks
Bit.Store has targeted Southeast Asia because of its regulatory environmental friendly region,wider potential user growth , demand for investment is stronger and it’s mature mobile market channels.Thats interesting to know, with the rise of crypto currency many countries in the Africa Continent seems to be interested in investing in the crypto market,I would like to know,have you carried out a thorough survey on their market over this region to know it’s potentials?Do you think that the demand for investment would gradually grow and the African mobile user market is matured enough to establish a trend and sustain expansion?What plans do you have to explore these areas,because when accessing your Whitepaper you didn’t mention expanding to Africa.Kindly explain Thanks
While reading your Whitepaper I came across the “Beginners Investors” part for newbies in the Cryptospace.And you said that beginner investors will obtain valuable trading strategies when they join BitStore.So can you analyse to us what these trading strategies are that can give users the opportunity to earn?What are the different signals these newbies have to choose from in other for them to be able to have in control their own assets?You also made mentioned of “Signal Traders”,so how can newbies connect to them?Will there be a form of payments to these signal traders before beginners investors can emulate them?Can a user track and emulate the strategies of multiple trader and be risk free?What then happens if a Signal Traders acts poorly? Thanks
Tell us about the security offered at BitStore, tell us about the systems you have implemented to keep your users safe and prevent hackers from attacking your platform and stealing or damaging in any way your users and your system, in short, tell us how you prevent this issue from damaging your image?
I read that one of BitStore’s goals is to establish a social element to the platform that educates everyday investors so they can make smarter investment decisions, but does this mean that you have some kind of program where you teach users how to invest, or tell us, what are the methods you use to accomplish this goal, could you please elaborate?
This days Investing in Cryptocurrency on other platforms comes with a lot of risks and challenges, such as Security and most users don’t consider it safe and do not understand the investment patterns. What are the key features that differentiate bit.store from other platforms? What are the security measure you have ruled out to minimize hacking and ensure that the safety of users Assets? How fast and reliable is your platform? and how easy and user friendly is your platform for new users?
I read from your white paper that you mentioned launching a large-scale user recruitment programmes, activities and events one of which include the referral programs which will incentivise and release relevant
rewards to users who use their knowledge and expertise
in community settings to help other members.
Is the referral program currently available? How can users participate? Talking about referral program incentives, what’s the Ratio of incentive for the referer and the refered friend? Does the referer also get additional rewards as the referred friends make use of the platform?
I read from your white paper the advantages of BitStore which includes; cryptocurrency investing online, user community, and Business Model, Concerning the business model you made mention of transaction fee on sale orders and commission On trade signal fees. Can you please tell us mote about the transaction fee on sale order? What is the cost of this fee or does it depend on the volume of sale orders? Also please tell us what The Signal fee is all about ? Is there a limit or range to the charging of this fees? What is the percentage of the commission for bitstore for the signal fee?
Could you please share with us the scenarios in which we can use BitStore and explain a little bit about the business model you manage to develop a community with a simple and convenient platform for both average investors and for buying and selling cryptocurrencies?
I read that BitStore is a platform that suits both beginners and experienced investors, so what are the products you offer, tell us about the design of the platform and share the features that allow BitStore to suit all types of investors?
I read that Bit.Store has targeted the Southeast Asian market first, so, could you share the reasons why this was your first target market, tell us also, what have been the results you have obtained with this market and comment us, to which other markets Bit.Store has targeted, or plans to target, and finally, share with us, the channels you manage to support and inform users of upcoming events to be held?
Tell us a little bit about the development of Bit.Store, tell us about the partnerships you have already achieved, in which countries you have already established yourself as a strong payment network, tell us about the licenses and authorizations that have already been approved for Bit.Store, also tell us about the user base you have already reached, how many of them are still active on the platform and all the possible details related to its development and the scope you have had since its launch until today?
I see that BitStore only offers the Bitcoin purchase service, which can be limiting for some users who want to diversify their portfolio, could you tell us what are the advantages of using your platform and not any other exchange to buy and trade Bitcoins? Will you include altcoins on your products?
It has recently been in the news that Bit.Store has received investors like the Blockchain Infrastructure Alliance’s with a lot of crypto projects, including Algorand, Near and Polygon, could you tell us if these investors will have a part in the technological growth of your platform? How would Bit.Store benefit from these funds? And above all, what benefits will there be for the community?
Bit.store is a social network that connects investors around the globe, would there be ranking in the community to know an experienced signal trader?
Bit.store has been created to do a great job of joining traders to share their strategies, information and so on, would there be any verification process before getting access to the website like how other social network verify?
In they platform would i buy and sell stock to gain or i would deposit my money to the website then they would all the work?
Bit.store built a cryptocurrency online investment app for which offers user friendly cryptocurrency trading, would there be a separate trading account and main account for some strategies to work?
in Bit.store user can select a crypto asset, view prices and choose their fiat payment.with all that listed that they website could do would be any need for a broker?
would there be use of a scanner that would choose cryptocurrencies due to the preference i set for the scanner?
Bitstore keeps talking of experienced and beginner traders in a community all together sharing signals and strategies and so on,can a user get a private chat room with other user,can group of traders work together as a private group in the website can a DOAs be created in the website?
Bitstore talk’s of two types of user which are the Beginner investor and the signal traders, would i choose to be a beginner trader or a signal trader?
would a signal get percentage of money invested if people follows his/ her signal?
Bitstore talk’s of two types of user which are the Beginner investor and the signal traders, how would I know if I am a beginner trader or a signal trader?
would i choose to be a beginner trader or a signal trader?
if not,what if I don’t want to follow someone’s signal?
if so, what would be percentage gain if follow users get to follow my signal?
You say that in BitStore we can “invest with peace of mind”, but could you really explain what you mean by that? Could it be that the capital of our investment will always be protected against any type of sudden market falls? If so, how will they really guarantee this asset protection? And what should I do to activate this protection?
Will they really carry out quarterly audits by PWC as indicated on their website? If so, what feature will you be evaluating and reviewing in BitStore constantly? Or will it simply be to evaluate if any unexpected problem has occurred?
It is known that we must diversify as good investors, but how will BitStore really help us to better diversify assets? Would it be that they had advisory robots that would help us invest at opportune times in the market?
Really BitStore will be available so that all the countries of the point can use it? Or for now they will only be available for the locations indicated on their website? If so, when will they expand to other countries and communities?
You offer that our assets will be protected by custodians, but really why should we prefer this, when in DeFi we can find a completely custody-free system free from any manipulation by third parties? Or could it be that despite being protected by custody, our assets could not be manipulated by third parties?
I understand that they offer cards, mobile wallets and more as a means of payment, but could you really tell us which ones are compatible with BitStore? Will it be completely free of all payment of transaction fees? and really the only assets that we can deposit will be BTC? Or will they also incorporate many other coins and tokens?
I would like to know about your globalization plans, in your whitepaper you mention three stages, starting with Southeast Asia and then to other continents, could you tell us how you will expand the coverage of your services, especially to America? Will you have an ambassador program or physical locations?
In your whitepaper you expose the importance of Bitcoin investment to connect with other financial apps and investment channels in the form of plug-ins, APIs and SDKs, could you give us some examples of these cooperations and how they would be useful to attract new crypto users? Is it possible to incorporate Bit.Store products to physical and virtual stores?
It’s important to understand that many people buy cryptos by first purchasing USDT and USDC via C2C and then exchanging USDT for other digital currencies. The procedure is quite inconvenient, and Bit.store is known for offering answers to users’ problems. Could you kindly explain the steps for purchasing these digital assets using Visa and MasterCard? How would you govern this process in all of the countries that are available? Is there a limit to which nations these digital assets can be purchased in?
During my research, I discovered that Bit.Store is primarily focused on the SOUTH ASIAN market, with plans to expand its reach to the rest of the world. Could you please explain why you chose Asia as your initial focus point? However, despite the fact that the African financial market is booming, I discovered that you did not identify Africa as a potential expansion area. When it comes to Bit.Stores, how do Africans fare?
BitStore offers their community to earn $IDR by referral program. Could you please elaborate more informations about the Refer to Earn feature? Is there a tier system in the referral program? I mean , What is the minimum & maximum referees that users can invite? How many amount of $IDR will the BitStore platform offer the users per referee? And also please share with us about the terms & regulations of the referral program?
I learnt that BitStore App is suitable for new & Junior investors. But, Since the current market is at unpredictable situation due to huge market crash. So How will you encourage the newbie investors to invest their money on BTC & make them profit? We all know that the world best exchange is Binance exchange currently. So what kind of unique features do you have rather than Binance? Do you have buying options like P2P, Credit/Debit card, Bank transferring etc..?
Initially, BitStore platform has been launched in Indonesia, UK, Hong Kong, Japan, Australia, Canada. Why did you specifically choose these regions to launch BitStore App? What will be the other countries & regions that you are going to launch the BitStore App later & When will you do that? However, will there be any restrictions regions for BitStore App launching? Finally tell us, In which way will you gain a more user traffic & globalize the BitStore platform by using strategic methods?
What is the main reason for the Bit.Store initiative? What has it been designed for and for whom? Is it easy to adapt for experienced and inexperienced investors? When investing digital assets, is the procedure easy and fast?
Bit.Store provides world-class investment services and is licensed by regulators (or partners with authorized institutions) in the countries it operates in, but which countries that are not yet using your service would you like to reach? How does Bit.Store ensure that its users invest with peace of mind by working with leading third-party asset custodians such as Coinbase and Cobo? Why can we trust them to keep our assets safe? Why is our investment safe? and How will they insure our investments against unlikely events of asset loss, such as hacks?
I would like to know if at the time of making a withdrawal I will have to wait a little or a long time? How much waiting time will it really require? How does Bit.Store cover its back against money laundering risks? This is important and interesting to know. Do users who have invested their digital assets in Bit.Store have to pay any fees? If your answer is affirmative, at what time? How much would we be talking about?
I downloaded Аpp for online cryptocurrency investment from your site. It looks quite usable. I noticed that there is a referral program. I’d like to know more about it.
And also explain how I can buy cryptocurrency using VISA and MasterCard in this app? I also noticed that there is no support for my language. Do you plan to expand spheres of influence in Europe? If yes, when will it happen?
We know that the community and marketing is an important part of any project, in order to achieve faster growth. My question is: What is BitStore’s strategy to attract new users and investors to the platform and keep them in the long term? what is the percentage you are using for marketing? Is the BitStore project open to any country without restrictions or must we comply with KYC verification, in order to use all the functions of the platform? Does it have a mobile application, which can be used in Android and iOS systems? Can you explain to us how the referral system works to get rewards, what requirements must the referrals meet in order to receive earnings?
Bit Store will be available in Latin countries, what are the aspects that as investors we must take into account before investing in Bitcoin, what are the main assets protected by custodians, the use of FIAT will be allowed, they will have their own stable currency at some point ?
What are the security protocols of Bit Store, I am struck by the presence of third-party custodians for the protection of assets, we users and investors can be calm before the presence of third parties in the handling of our data and assets, in the face of an eventuality Who should we contact, what information about the custodians can they provide us, who are directly responsible, do they remain anonymous?
How Bit Store plans to reduce or minimize the margin of risks that investors fear, what are the risks when investing in Bitcoin and what are the advantages and benefits that assuming those risks can bring us, what is the limit allowed per wallet To carry out transactions, your wallet is incorporated directly into the application or is it linked to another wallet, according to your roadmap, what actions will you implement soon?
Hello, the Bit.store team.
Studying your project, I was somewhat surprised by the simplicity that you offer for the purchase of crypto assets. For example, to buy crypto now, I need to use a p2p service and pay some commission. Please tell me if I understood correctly that even while in Russia, but I have a debit card valid all over the world, I will be able to buy crypto directly by paying with a card with minimal commissions using your application? or are there any territorial restrictions at the moment?
Hello, the Bit.store team.
According to your documentation, I understood that you, as an investment platform, will provide auto-investigation services for investors who have little experience. However, statistics tell us that only 5% of active speculators in the distance remain in the black. This is a very responsible job. In this regard, I have a question. What requirements do you have for who will post their investment strategy for auto-research? What checks do you need to pass in order to place your strategy and enable investors to follow you?
Hello, the Bit.store team.
After studying your tokenomics, I saw quite standard crypto cases, but an interesting point can also be highlighted. For example, rewarding crypto professionals for their information products is cool. But sometimes projects also use such a tool as buyback and token burning to reduce the total amount of supply and increase the value of the remaining tokens. Do you plan to use them in the future? If there are no such plans at the moment, can the DAO make such a proposal and how will it be met by the team?
⭐️ Bit.Store will build a digital environment for buying and selling digital assets, as well as enabling social interaction and information sharing, this will be an innovative and comprehensive program. So, what is the business model that Bit.Store has developed to build user/community communication based on a simple platform? Thank you
I read on the web that Bit.Store is a global investment in social cryptocurrencies, a platform that allows people to enter the cryptocurrency market in a simple and transparent way. The goal of Bit.Store is to establish a social element on the platform, educating everyday investors so they can make smarter investment decisions. So, Bit.Store can be considered a social cryptocurrency that allows investment to retailers?
In your whitepaper it talks about a decentralized community for sharing of information .Does a decentralized community entails owning of info by user instead of a centralized organization ? ,can you explain to non technical or non crypto users the benefits of it.
As your platform involves investment and trading (if i am not wrong) of crypto, security of assets will be the foremost concern for a future investor, so can you shed some light on the security aspect of your platform ?
How much focused you are on promoting it in different countries and could you share any upcoming plans ? As the project has a social aspect to it ,i believe it will be quiet important to market in different countries for the success of it.
What is the benefit of holding $STORE tokens for the users ? Also can we expect integration of trending crypto words like “nft” and “metaverse” in forseeable future ?