The sentiments of the overall crypto market are identical to that of the early November 2017. With just two days to go for the next Bitcoin block reward halving, the world is eyeing on the industry. The recovery we see today is a result of a healthy trend that initiated in 2019. This recovery phase has given room to like-minded entrepreneurs and crypto industry leaders to come together and innovate. One of the brainchild of these leaders is Bitfoliex, a crypto wallet platform. The platform was launched In October 2018.
Some major developments over the past year have seen Bitfoliex maintaining a user’s first approach in terms of platform innovation, product services, and community ecology.
The creation of the platform has contributed to an efficient, transparent, and fair crypto-asset holding and converting platform that provides safe, convenient, intuitive and professional crypto asset management services to the retail users and some institutional players around the world.
Speaking of numbers, Bitfoliex has successfully onboarded more than a million users on its platform.
Bitfoliex is committed to driving innovation on a global scale. Bitfoliex has been engaging with its community members and users through weekly AMAs, quarterly conferences held in Germany, Brazil, Singapore, Mexico, etc. The user base of the platform is established in over 40+ countries. Bitfoliex has pledged to create content in several different languages for seamless communication.
The platform’s core functions integrate storage, trading, and value-added services. The security provided by the wallet is top-notch. Bitfoliex has adopted a ‘Cold storage’ protocol that brings high confidence in the ecosystem. The platform has multi-sig wallets that require multiple signatures or passcodes to validate a transaction, and this shows that there can be no discrepancy possible to lose the security and integrity of the wallet.
Future updates to look for:
The team has been consistently pushing updates on the Bitfoliex core; these updates will help improve reliability and competitiveness of the platform. We can expect the following developments taking place in the next months:
· The list will list top high-quality crypto assets to enable its worldwide users to have great exposure in the crypto industry.
· Provide a diversified crypto-asset index, allowing community members to hedge against any future risks.
· Integrate exchange portal with a diversified risk control system.
· Merchant solutions for people to take crypto payments on their online stores
Bitfoliex promotes the efficient and effective operation of the crypto-asset market from the perspective of the industry’s sustainable development and in a responsible attitude to institutional clients and retail users, and then further promotes the development of the crypto industry.
For more information subscribe to their telegram channel at https://t.me/bitfoliexofficial.