BitValve

About BitValve

Although we have witnessed a growth of the industry of buying and selling cryptocurrencies in the recent years, the industry in still in its infancy. Moreover, the existing Peer to Peer cryptocurrency exchanges, often have relatively high fees, support a limited number cryptocurrencies and do not allow crypto-to-crypto trading. Furthermore the existing exchanges have very basic and difficult to understand user experience design (UX) and user interface design (UI), lack support for iPhone and Android apps, have weak information security, offer expensive or non-existent dispute resolution support, are based on slow and rigid processes, cover limited payment methods, and have limited availability.

Since there are only two major P2P Exchanges in the market, professional traders and casual users are left with no alternative option for an overall better Peer to Peer trading experience.

In BitValve, we will create a P2P Exchange platform, with key advantages that will change the way people trade Peer to Peer, by combining all the advantages of the current exchanges and addressing the disadvantages that keep the market from reaching its full potential. The Platform will target not only professional traders, but also normal users who just want to exchange their coins for fiat or for other cryptos in a quick, cheap and efficient way.

Our idea is that every person in the world would be able to access, buy and sell, their favourite cryptocurrency by using any payment method available, whether it is fiat or cryptocurrency, and trading directly with other users. The Platform will ensure the security of the transaction by acting as a trusted escrow service. Furthermore, the Platform will have a positive effect on the countries that are currently facing a financial crisis, such as Venezuela, by giving their people the option for alternative, decentralized and instant trading.

This White Paper contains a detailed explanation of the Platform and the associated BTV tokens. The Company’s team hopes you will enjoy reading it.

Whitepaper

Missing whitepaper? Let us know.

Ratings

nicolas nups

Program Manager and ICO Advisor
Rated on May 3, 2019

3Team

3Vision

3Product

19%weight

Dear ICOBench community,


Please note that before reviewing this project & ICO/IEO, I conducted my own DD : team background, competitors, project history, various analysis and KPIs, growth potential and a lot more factors.


Here are the results of this analysis :

- Team : The team looks a bit thin for such a project. Moreover, it is impossible to know if the team members really work for the project as only 2 of them are linked to Bitvalve on Linkedin.

For these reasons, I can't give more than 3/5 for the team.

- Vision : One more exchanges. Except for the low fees, I couldn't find any revolutionary feature not already implemented on another exchange platform. Moreover, they claim that fiat trading will be available but this requires a lot of legal agreements and I could not find any information about that. However if they manage to get the legal rights to do so, it can be a real plus for the project.

This is why I am giving a 3/5 for the vision.

- Product : Nothing released yet. The MVP is under development and should be released in August according the to roadmap. I wish the whitepaper had more technical details about the platform itself and the app.

Thus, I am giving a 3/5 for the product.


I invite investors to conduct their own DD before investing time / money on any project.

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Konstantinos BeriosICO team member replied on 8 May 2019

Hello Nicolas,

First of all i would like to thank you for spending time to rate our project.

Unfortunately, it seems that you did not quite get the idea of the whole Project, which is maybe a result of incorrect research.
I will try to provide some clarification on your points, so that you will be able to understand BitValve.

- Team : All of the members listed in our Website have contributed in a specific section on the BitValve project. We cannot force our members to change their LinkedIN profile, but did you actually contacted them directly and ask them ? It seems you did not, as every single member would prove our sayings.

- Vision : Unfortunately, your point here is also invalid, by far. BitValve is not just another exchange. BitValve will be a P2P Cryptocurrency Exchange, where users will be able to trade with each other and BitValve will act as a trusted escrow service. We will be the only P2P Exchange that will offer such low fees, Multiple Cryptocurrency support, No KYC and many other features. Its a bit sad that you missed to read the term "P2P" in our project description.

- Product : We have actually published all the designs/prototype (www.bitvalve.com/prototype/) for our platform, couple of months ago. Also, the MVP shall be live in less than two weeks, which i invite you to join and try it out.

I hope that after reading my reply, you will realize what BitValve really is, and why its not "just another exchange".

Benchy

ICO analyzer bot

4.5ICO Profile

81%weight

Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

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