BTCOW - Trade: Yellow Paper
BTCOW - Trade: Yellow Paper
BTCOW - Trade: Yellow Paper
BTCOW.trade
v1.0
Background:
The cryptocurrency market grew from $1.5 billion in 2013 to $800 billion in 2018, with total
trading volume in 2018 exceeding $1.2 trillion. But existing trading platforms and exchanges
are built on old infrastructure. They’re unresponsive and unreliable during times of high
volatility, and they’re difficult to navigate, with a steep learning curve. Security can also be a
problem, and language support is minimal.
Market Opportunity:
Considering this environment, we see a strong market opportunity for a simple, secure and
highly reliable leveraged cryptocurrency derivative trading platform. To meet this demand,
we have designed BTCOW to deliver an intuitive, robust, lightning-fast platform that offers a
unique range of digital investment opportunities for our users. BTCOW will utilise its own
EC20- utility token (BCO) to fund our launch, price our services, and share revenue with our
token holders.
We estimate overall market trading volume will continue to increase by an average of at least
25% per annum over the next decade, and we aim to capture 5% of the global market share
on the long run, for a projected total platform revenue target of $400 million by 2025.
Delivering an exceptional user experience is a core focus of our vision. We intend to offer a
feature-rich platform that combines highly secure infrastructure with a simple, streamlined
user interface. Achieving our market-share goal will also be aided by our Arabic language
support, revenue sharing and copy trading – features not offered by any of our competitors.
Undue Complexity
Existing exchanges are difficult to navigate, with a steep learning curve that disadvantages
new traders. A complex interface can disorientate or alienate users, leading to trading errors
or missed opportunities while attempting to operate the platform. This complexity is further
compounded when the system does not support the user’s native language.
Financially Punitive
Most exchanges charge excessive fees and impose punishing liquidation measures on their
users, while also failing to incentivise traders through an equitable revenue-sharing model
The Solution
Overview
Simplicity, security, reliability and speed are the defining features of the BTCOW exchange.
These features are critical to our mission of delivering an exceptional user experience for all
traders on our platform, regardless of their experience level. Multiple language support,
competitive fees, an equitable revenue sharing model, and effective risk mitigation
mechanisms are also designed to create a welcoming trading environment for BTCOW users.
High Reliability
In a fast moving and volatile market, the last thing traders want is a platform that crashes,
freezes or slows down during critical trades. BTCOW uses leading-edge, high-performance
technology infrastructure, with built-in redundancy and no single-points-of-failure. We’ve
designed BTCOW to eliminate unscheduled outages, so trades will always be processed
instantly, even during times of peak demand and volatility.
Fee Structure
BTCOW.trade is a 0% trading fee exchange where user doesn’t have to pay from his pocket.
Revenue Sharing
25% of BCO token will be shared with user for each trade, revenue will be
automatically distributed using a Smart Contract.