Newsletter 67: Getting better!

4 mins read

"If you are going through hell, keep going." 

It is the year 2020. The world is at war. 

It is not a war we have seen before. It is a war of attrition on a global scale but fought at a micro scale. Yes, Covid-19 is an on-going battle for sure, but we are also referring to “microchip” battlegrounds. The digital age of finance is a massive battlefield. We have witnessed economic hell from the crash of the stockmarkets and a global lockdown. 

All this has increased the volatility and the uncertainty in the finance sector and Bitcoin has no doubt been affected by it as well. Recently, a new record was made when $BTC broke the All-Time-High (ATH) in its market capitalisation. The previous ATH price of USD 20,000 was just a whisper away. Then in yesterday, we witnessed in a 15-hour span, $BTC prices plummet from USD 19,500 to less than USD 16,200. That is a huge delta of 17% , and it may not be end of it. Is this simply a profit taking exercise or the exiting of old hodlers (evidence says otherwise) or is this a road now made clear for Bitcoin?

There’s no time like the present. And the present is a wonderful gift.

We’re pleased to inform our traders and supporters that the order book spreads has improved significantly and more liquidity can be seen as well. We will persevere and build on this as we move forward with more partners.

Increasing awareness.

We ran two successful testnet trading competitions in the months since the soft launch. Many hundreds have registered and we are slowly laying the foundations for a new trading community; gradually using a new platform that’s uniquely powerful and very simple to begin with. In addition, through regular awareness initiatives, we are recording increased numbers across all our social media platforms.

We have been promoting the exchange through YouTube crypto channels and participated in more Ask-Me-Anything (AMA) sessions on telegram.

Increasing PARTICIPATION.

To encourage more traders to deposit and trade on the exchange we have initiated a number of campaigns. Some of the best are shown below.

Apply for a claim on your losses when you trade on BitOrb!
Get additional marker commission!
Get $BTC and $ORBYT rewards when you trade more on BitOrb!

by

Hoong-Teng Lim

27th November 2020

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