Please note that only “Full Registration” status of your account provides you with an opportunity to use the full list of services provided on the website of the Bit Trade Exchange of Digital Assets. In order to generate a request to complete the full registration, you just need to confirm the specified details by uploading photocopies or scanned copies of required documents on the “Supporting Documents” page of the “My Profile” section.
Quick registration of your Bit Trade account (the first step) is completed by filling in a special form on the official Company website https://www.bit.trade/en/registration. Upon successful completion of the first step of registration, a Customer account is automatically created receiving the “Quick Registration” status. The system automatically sets the Email and phone number specified during the quick registration as a login for the created account.
Advanced registration (the second step) involves filling in a special registration form in your Bit Trade account (all the information provided on the “Personal Details” page should match the details specified in supporting documents in the most accurate way).
To complete the advanced registration, you should follow the instructions.
In addition to the services and products provided for a Customer with the “Quick Registration” status, the “Advanced Registration” status of a Customer account allows a Customer to upload photocopies/scanned copies of the documents verifying his/her identity in order to proceed with the full registration.
Full registration (the third step) is available to you only after the “Advanced Registration” status has been assigned to your Bit Trade account, i.e. after the second step (advanced registration) has been successfully completed.
To complete the full registration, you should follow the instructions.
Assigning the “Full Registration” status to a Customer account allows using the full list of services provided on the website of the Bit Trade Exchange of Digital Assets.
We have decided that the possibility of purchasing Bitbons should be excluded for US citizens, residents and organizations due to some peculiarities of the US legislation. In this regard, US citizens, residents and organizations do not have the ability to purchase Bitbons on the website of the Bit Trade Exchange of Digital Assets (www.bit.trade).
To activate a Certificate, you should take the following actions:
The Bitbon amount, which corresponds to the nominal value of your Bitbon Certificate, will be automatically credited to the selected Assetbox
The current Bitbon price displayed on the “Quick Bitbon Purchase” page in the “Buy Bitbon” section is the best market price available at a particular moment. The value of the current Bitbon price changes dynamically and corresponds to the price value of the last trading operation on the market. Thus, when creating a quick Bitbon purchase order, you will see the market price, which was recorded during execution of a previous trade.
The minimum permissible amount of funds to purchase Bitbons through the quick purchase service per one trade is 20 USD, and the maximum amount of funds to purchase Bitbons is 10,000 USD.
Due to the increased demand for the Bitbon purchase, and due to the everyday execution of a large quantity of trading operations, the Bitbon market price can vary even during the quick purchase execution. Thus, during the order generation, the system automatically calculates an approximate amount of Bitbons after you have specified the purchase amount in USD. However, during the order execution, this approximate amount may change based on the exchange rate of Bitbon to USD (or to another trading instrument).
Also, during the quick purchase, the amount of available Bitbons in the price range of 3% above the bid price can be lower than the amount specified in your order. It means that, at that moment, the amount of Bitbons other Users offer for sale by counteroffers is not enough to fulfill your request to the full extent, and the quick purchase is made partially. In this case, the Bitbon amount, which is available on the market during the execution of your purchase order, will be credited to your Assetbox, while the rest of funds in USD, which were not used during the transaction, will be credited to your Main Balance. Please note that you can complete the quick Bitbon purchase even under these circumstances. To that end, you can use the special Quickbot service, which will help to automatically execute your order at the best market price.
When creating an order for the quick Bitbon purchase, you will be provided with an opportunity to select from the list of all your Assetboxes the one to which purchased Bitbons will be credited. If you have only one Assetbox, the system will choose it automatically. If you make a purchase via the Quickbot service, your Bitbons will be credited to the Assetbox you have selected when generating a quick purchase order.
Quickbot is a special trading system developed by our Company’s specialists, which allows you to quickly and conveniently purchase Bitbons in automatic mode at the best market price available at the time of order creation. Software algorithms of Quickbot allow monitoring trading activity on the Bit Trade Exchange and managing the pool of limit orders with a possible change of quotes in the book towards a better market price.
After you create a Quickbot order, a new “Quickbot Orders” page will become available in the “Buy Bitbon” section. This page will display in real-time mode detailed information about execution of your orders and record the history of all your purchase orders executed via the Quickbot trading system.
Currently, you can perform trading operations only using the BITBON/USD financial instrument.
However, even now with the help of special charts implemented in the “Exchange” section, you can follow quotes on the following financial instruments in real time:
Trading Account is your personal multi-currency account that you can use to perform trading operations with financial instruments on the market. In order to purchase and sell using a certain financial instrument, you have to credit funds to your Trading Account that in the future will be used in your trading activity. Additionally, after the execution of the orders you have created, received funds will first be credited to your Trading Account, and then you will be able to transfer them to your Main Balance.
There are no requirements for the minimum and maximum amounts that can be used to make a deposit to the Trading Account within a single transaction.
However, there are requirements for the minimum and maximum balance of the Trading Account, which you can find in the Trading Conditions.
Minimum and maximum amounts of transfer from the Trading Account to the Main Balance within a single transaction are not set.
The quote chart in the “Exchange” section allows you to visually analyze the current market situation on the selected financial instrument. The chart is available in two forms: line chart and candlestick chart. You can find detailed information on how to use this chart in the instructions.
The candlestick chart shows detailed information about the price change of a trading instrument for the selected period of time and allows analyzing the price movement more effectively. You can find detailed information on how to use this chart in the instructions.
Order book is a special table that shows Buy and Sell orders on a financial instrument in real time. Using the order book and additional tools implemented in it, you can follow online the volume of placed Buy and Sell orders as well as analyze the price movement. More information you can find in the following instructions:
You can create a Buy Limit or Sell Limit order in the “Exchange” section. To that end, you should select a trading instrument on which you wish to execute an order, specify the order parameters and click on the “Place Order” button. If your order is not executed within the expected period, you should cancel it and create a new one. You can find detailed information on how to create a Limit order in the instructions.
During the execution of a Buy Limit order, your purchase will be made at the best market price, which does not exceed the price value that you have specified when creating the relevant order.
During the execution of a Sell Limit order, your sale will be made at the best market price, which does not exceed the price value that you have specified when creating the relevant order.
In case of a partial execution, your Limit order will be executed at the price you have specified in the order.
After you create an order to purchase or sell Bitbons, detailed information about this order will be displayed in the table “Active Orders”. Using this data, you can easily analyze the statistics on currently open orders by the following parameters:
In this block, you can also cancel the execution of active orders. Once your order is executed, the information about it will appear in the table “Transaction History”.
Once an order to purchase or sell Bitbons that you have created is executed, detailed information about it will be displayed in the table “Transaction History”. Using this data, you will be able to quickly and conveniently analyze the statistics on all orders, which you have previously created and which have been executed, by the following parameters:
By default, information in the table is arranged in decreasing order based on the order execution date.
All system messages and events registered in the process of your trading are available in the table “Event Log”. Here you can view entries on the following events occurring within the current active session:
In traditional sense, an Assetbox can be compared to a digital wallet intended for storing your assets designated in Bitbons or Projectbons.
Assetboxes are located in the blockchain; each Assetbox in the system has a unique hash code, which ensures additional protection when storing or transferring your Bitbons and Projectbons.
To create an Assetbox, you should register on the website of the Bit Trade Exchange of Digital Assets. During the registration, one Assetbox will be created automatically.
You can also create additional Assetboxes based on your needs and objectives of the Assetbox use. To do so, go to the “Assetbox Management” page of the “Bitbon Assets” section in your Bit Trade account. Using tools available in your Bit Trade account, you can easily create any number of Assetboxes necessary for the convenient use of the Bit Trade service.
You can transfer Bitbons to another User through the Bitbon Transfer service. To do so, you should take the following actions:
After taking the actions mentioned above, the transfer will be successfully created.
For convenient Assetbox use, the Bitbon System involves additional tools such as alias, icon and info.
Alias is an additional unique name of your Assetbox. The alias is also convenient to use when transferring Bitbons between the Bitbon System Users by providing them only with an alias instead of 42-digit Assetbox address.
Icon is a graphic identifier for your Assetbox. You can also upload a graphic image of your Assetbox, which will serve as an additional graphic identifier for you and other Bitbon System Users.
Info is additional information about your Assetbox, which you can specify at your own. In addition, you can make it publicly available to other Bitbon System Users or just leave it as an additional comment to your Assetbox.
You can create your own Assetboxes and edit their parameters on the “Assetbox Management” page.
For convenient Assetbox use, the Bitbon System involves special tools such as alias, icon and info. For instance, you can assign a unique name (alias) to your Assetbox, which is convenient to use when you provide other Bitbon System Users with your Assetbox address.
You can also upload a graphic image of your Assetbox (icon), which will serve as an additional graphic identifier for you and other Bitbon System Users.
After the Affiliate Program is activated, you will get access to free online-promotion tools — referral links in the “Affiliate” section in your Bit Trade account. By posting these links on your public web resource, you can get additional income from attracting new Bitbon System Participants. To do so, copy the code of the selected referral link and use it to attract Customers. You can conduct you activity simultaneously in two directions by posting referral links to the websites of Bitbon Space and Bit Trade Exchange of Digital Assets.
The amount of remuneration under the Affiliate Program constitutes 10% of Bitbon purchases made by Customers you have attracted. Please note that remuneration is paid only if your referral ID is specified in a Customer account at the moment of a transaction execution.
To start using the Affiliate Program, you should read Affiliate Program Terms and Conditions, select the checkbox “I accept Affiliate Program Terms and Conditions” and click on the “Activate” button in the “Affiliate” section.
After the Affiliate Program is activated, you will get access to online-promotion tools in the “Affiliate” section. You can post them in the information resources and articles available on public web resources.
To get access to all the services of the Bit Trade website, including activation of the Affiliate Program, you should have the “Full Registration” status of your Bit Trade account.
Your referral ID is displayed in the “Your referral ID” field in the “Affiliate” section.
After the Affiliate Program is activated, you get access to the “Affiliate” section in your Bit Trade account. This section contains online-promotion tools — referral links leading to the websites of Bitbon Space and Bit Trade Exchange of Digital Assets.
Referral link is a link that contains ID (in this case, it is yours) and allows registering the number of Customers you have attracted.
You can use these tools on public web resources to attract Customers.
Please note that Customers with the status of a Partner of the Affiliate Program are prohibited to:
As part of the global marketing strategy set forth in the Bitbon System White Paper, to achieve the maximum popularity and distribution of Bitbons in the world, Simcord has decided, before the launch of Contributing, to establish a 10% commission that the seller of Bitbons should pay in favor of the affiliate programs of the Exchanges, which are the Bitbon System Participants, at the level of the System and relations with these Exchanges. The purpose of this commission is to provide remuneration for disseminating information on the Bitbon System advantages. In this case, the commission for purchasing Bitbons will be set by each Exchange independently
We would like to once again focus your attention on the fact that, after Contributing starts, a temporary fixed commission of 10% on the Exchanges, which are the Bitbon System Participants, ceases. The commission will be set by each Exchange separately in its minimum sizes conditioned by the demand and supply of the market.
To increase the security of Bitbon transfers between the Bitbon System Users, our specialists have developed the additional BTSC functionality. The Bitbon Transfer Security Code is intended to ensure an additional level of protection and is used by the system to confirm the reliability of your transfers at the moment of their creation. This provides preservation and additional protection for your Bitbons stored in all your Assetboxes. To start using the BTSC, you should create the code and set its value on the “Security Settings” page in the “My Profile” section.
In the future, when initiating Bitbon transfers to other Users, you will need to specify the created BTSC as an additional confirmation of executed transactions. Accordingly, the use of the additional personal protection code will exclude the possibility of illegal access to Bitbons in your Assetboxes.
BTSC (Bitbon Transfer Security Code) is a protection code intended to ensure additional security of your Bitbon transfers.
When you create Bitbon transfers using the Bitbon Transfer service, the specified BTSC is used to confirm the transfer reliability. Please note that this code excludes the possibility of illegal access to Bitbons in your Assetboxes and increases the level of their protection.
Protection code is a parameter intended to ensure additional data security when making a transfer. This parameter is a set of digits from 3 to 10 characters. The protection code is specified by a sender and provided to a recipient in any convenient way taking into account all necessary security measures in order to prevent third parties from using this code. After entering the obtained protection code, a recipient will be able to accept your transfer.
In order to increase the data security in your Bit Trade account, you can use the two-factor authentication service (2FA). Basically, two-factor authentication is a protection method that uses two verification layers (factors) to provide access to your Bit Trade account:
1st factor — Email and password;
2nd factor — temporary code, which only you know.
2FA ensures a high level of security, since in order to log in to your Bit Trade account, you will have to specify not only your login details (Email or phone number and password), but also a one-time temporary code, which is generated using the standard Google Authenticator app installed on your mobile device. Therefore, even if a hacker learns your password, he/she will not be able to access your personal details in the Bit Trade account without having access to your smartphone.
To increase the level of protection of your Bit Trade account as well as of your assets and personal information, turn on two-factor authentication (2FA). To that end, go to the “Security Settings” page in the “My Profile” section and follow the step-by-step 2FA instructions. After you turn on this function, in addition to Email and password, you will have to specify the temporary code created in Google Authenticator each time you log in to your Bit Trade account. To receive a temporary code, it is not necessary to have an Internet connection.
The secret key is used when setting up two-factor authentication (2FA) in order to connect your Bit Trade account to the Google Authenticator app on your mobile device. During the initial set-up of 2FA, your account is connected to the Google Authenticator app by scanning a QR code or entering a secret key available in your Bit Trade account.
When turning on 2FA for your Bit Trade account, you will be asked to save a secret key, which will be displayed in a special field on the “Security Settings” page in the “My Profile” section. If you change or lose your device, this secret key will be required to connect your Bit Trade account to the Google Authenticator app on each new device.
Keep your secret key in a safe place and do not give it to third parties. If you lose your secret key and do not have access to Google Authenticator, you will have to turn off 2FA for your Bit Trade account.
Temporary code is a one-time six-digit verification code used to log in to the account, in which two-factor authentication (2FA) has been turned on, as well as when enabling and disabling this function. The temporary code is generated by the Google Authenticator app and is valid for 30 seconds.
Temporary password is a six-unit set of digits and characters, which the Customer receives by SMS or Email when restoring access to his/her Bit Trade account. The temporary password is valid for 24 hours after sending. Within this period, you must change it to a permanent password.
If when logging in to your Bit Trade account with turned on two-factor authentication (2FA) you enter the temporary code, but then an error message “Enter the correct temporary code. Please note that the temporary code is valid for 30 seconds” appears, try synchronizing your app with the server. To that end, tap on three vertical dots in the upper right corner in your Google Authenticator app and select “Settings” > “Time correction for codes” > “Sync now”, then enter the generated temporary code on the Bit Trade website one more time. For more information, go to Google Help.
If the Google Authenticator app has been deleted from your mobile device, or you do not have access to said device and you lost your secret key, you will have to turn off two-factor authentication (2FA).
To do this, you need to click the “Forgot?” hyperlink located next to the authorization form on the Bit Trade main page, which will open the page for restoring access to your Bit Trade account. In the drop-down list, you need to select “Turn off 2FA” from the available options and fill out the form for filing the relevant request.
For security reasons, within 24 hours after you create the request to turn off 2FA, an operator of our Customer Verification Service will contact you to make sure that you are the owner of the given account. Upon confirming all the details and turning off 2FA, you will be able to log in to your Bit Trade account using Email or phone number and password.
By installing the One Space, you can learn about new opportunities: management of your digital assets, transfers and payments for purchases, communication with friends and other Bitbon System Users, as well as learn about the upcoming plans of its development in the Bitbon System White Paper.