The Veritise organization is pleased to announce its strategic partnerships with the P2B and Coinsbit trading platforms.
As previously communicated, we have maintained a trading presence on the Bitmart platform since September 21, 2022. Bitmart platform boasts over 9 million users and has earned a reputation as a trusted and reputable crypto exchange, with a daily trading volume surpassing $2.2 billion. Currently, the Bitmart platform offers 650 coins and 728 exchange pairs, providing a wide range of options for trading and investing in the cryptocurrency market.
Veritise is now also listed on two more exchanges. Coinsbit, effective December 19, 2022, and on P2B, effective January 6, 2023. These partnerships represent a significant milestone for our organization, as they expand our reach and enhance the accessibility of our solution and cryptocurrency to a wider audience.
Coinsbit is a cryptocurrency exchange platform that was launched in August 2018 and registered in Estonia. Since its launch, the platform has established a reputation as a trusted and reliable exchange that serves nearly one million users worldwide. With a daily exchange volume of over $600 million, Coinsbit has quickly become one of the most popular cryptocurrency exchanges on the market.
The platform currently offers 93 currencies and 157 exchange pairs, providing users with a diverse range of options for trading and investing in the cryptocurrency market. In addition, Coinsbit also offers a variety of trading options, including spot trading, margin trading, and futures trading, catering to the needs of both novice and experienced traders. Security is a top priority on Coinsbit, and the platform has implemented a variety of measures to protect its users’ assets, including two-factor authentication, cold storage, and advanced encryption techniques. The platform also employs a decentralized architecture, ensuring that users’ assets are safe and secure at all times.
P2PB2B, also known as P2B Crypto Exchange, is a leading European cryptocurrency exchange that has been operating successfully for over 5 years. The platform, launched in 2018 in Estonia, has quickly established itself as one of the top 30 exchange platforms in the world, with over 2.5 million visits per month and a daily trading volume exceeding $1 trillion.
One of the key features of P2PB2B is its wide range of trading pairs and currencies, offering 187 currencies and 344 exchange pairs, providing users with a diverse range of options for trading and investing in the cryptocurrency market. Similarly, to Coinsbit, security is of paramount importance to P2B and they have implemented two-factor authentication to protect users’ assets. The user interface of P2PB2B is intuitive and user- friendly, making it easy for both novice and experienced traders to navigate. The platform also offers a variety of advanced trading tools, such as order books, trading charts, and trading history, which can be used to analyze market trends and make informed trading decisions.
With our listing on these three reputable platforms, Veritise will have increased visibility and the potential for an official market capitalization, particularly on Coinmarketcap.com
As one of the most popular websites for tracking crypto-currency prices and data, being ranked on this site can significantly increase the visibility and awareness of our project among potential investors and traders. Being ranked on a site like CoinMarketCap can also lend credibility to our project and help establish it as a legitimate player in the crypto market. When more people become aware of our project this can lead to an increase in the volume of exchange and liquidity of the cryptocurrency. In addition, CoinMarketCap provides price and trading volume data from various exchanges, allowing traders and investors to better understand the overall market sentiment and make more informed decisions.
It is worth noting that achieving this objective will increase our eligibility for larger tier platforms within the cryptocurrency industry. These tiers, which include Tier 1, Tier 2, and Tier 3 exchanges, are based on a classification system that takes into account factors such as trading volume, user base, and security measures. Tier 1 exchanges, such as Binance, Coinbase, and Kraken, are considered the most popular and established in the market, with the highest trading volume and liquidity. Tier 1 exchanges are generally ranked in the top 10 crypto exchanges. Tier 2 exchanges, such as LBank and Mexc, are smaller but still have a large user base and trading volume and tend to be ranked in the top 20 exchanges. Tier 3 exchanges, such as Coinsbit or P2P tend to have lower trading volume and liquidity and are ranked 20+ and are a good place to get started and gain initial traction.
It should be noted that these large exchange platforms (tier 1 and 2) receive a significant number of applications and have a rigorous selection process, taking into consideration factors such as the number of users of the cryptocurrency, the volume of exchanges, the number of platforms already listing it, and the number of followers on social media. Being listed on multiple platforms not only increases our credibility but also serves as a testament to the quality of our solution and the potential for growth in the future.
We sincerely thank you for your continued support in spreading the word about Veritise in a positive light. The more recognition our services and solution receives, the more opportunities there will be to list on additional platforms, and with increased purchase volume, Veritise’s position in the market will improve. This will not only benefit us as a company, but also our investors and users by potentially increasing the value of their tokens and the usefulness of our cryptocurrency.
The Veritise team has or will soon be creating tutorials to assist in the purchase of VTS on these new trading platforms. Should you encounter any difficulties, please do not hesitate to reach out to us for guidance. We are committed to providing our community with the resources and support they need to navigate the cryptocurrency market.
Veritise is optimistic about the future and looks forward to the opportunities and advancements the upcoming year will bring. These partnerships with Bitmart, P2B and Coinsbit are just the beginning of our journey, and we are excited to see where it will lead us.
We are grateful for the support we have received thus far and look forward to continuing to grow and innovate with useful blockchain based tools that add value and help Veritise stand out from the crowd.