Nowadays the value of the Bitcoin is often compared to gold. The price of that cryptocurrency is going to grow even higher due to the keen interest from big investors.
After the Bitcoin rate went over 10 000 USD per 1 BTC price mark – the Bitcoin rate started to fluctuate notably.
The Bitcoin rate depends on many factors. Besides the high level of demand and technical innovations, the governmental regulations and even mass media gossips can also influence it. For example, at the beginning of December 2017 British financial regulators allegedly wanted to impose restrictions and tighten control of the cryptocurrency. This information, in fact, has become a catalyst for a fall od a Bitcoin rate. Bitcoin has fallen in price by about $ 1,000. However, the fall did not last long. With the beginning of the new week the rate of the main crypto currency started to grow again.
Right now the Bitcoin has been hyped everywhere – in social networks, on news, radio and TV. Due to this influx of popularity, cryptocurrency is also gaining more legal status, being approved by the governmental structures of different countries.
People are trying to invest their fiat money into crypto and observe their income growing without additional efforts. The first problem that they need to solve is to get an answer of “how to buy Bitcoin” question and find the secure exchange website where they can do it. Because of high popularity of crypto, most of the cryptocurrency exchanges suffer from the fierce of onslaught and enormously high market demand. Sometimes the cryptocurrency exchange software is simply not ready to cover that vast load of traffic and as a result the speed of transactions and trades executions slows down. That influences the customers’ loyalty in a negative way and makes them searching for another bitcoin exchange web site.
However only small amount of Bitcoin hunters understand that trading is not the only one option to get benefit out of cryptocurrency hype. One more way to be enriched with the help of Bitcoin is to set up your own cryptocurrency exchange. While looking through the Bitcoin trading sites, not everybody is able to understand how much of the work and efforts from support team is hidden behind. The web sites that are identified as the most popular ones in Bitcoin exchange list have hundreds of employees maintaining the software and keeping their customers satisfied. That means that before setting up the cryptoexchange web site one must thoroughly select the future technical partner, somebody who can fully cover the software side of the project. If future cryptoexchange owner would make the right choice – his partners will help him to reach the highest Bitcoin exchange rate and gain lots of positive reviews.
The Bitcoin exchange operator’s income is mainly based on various fees, that are set up for deposits/withdrawals, trading itself, getting an individual tariff plans and so on. Bringing the profits to its owner, a P2P exchange website also limits the financial risks to minimum, because the operator does not deposit his own funds anywhere and just getting the commissions while his user’s funds are moving back and forth and the software performs its functions.
Merkeleon company can boast it’s team of experienced professionals and can proof being a trustful and secure partner. Being on market for almost 10 years now, we can use our vast experience to help you building the most contemporary, robust and high-performance web site.