Interview with BlueBit

Chris: Hi! Can you tell us more about yourself and the role you're playing in that blooming project?

Terri: Terri-Leigh Bennett, Operations Manager for BlueBit Exchange.

Business owner for many years, and more recently a crypto author and trader. I followed my passion for cryptocurrency and now I have the pleasure of working in the field every day.

Chris: Would you please introduce our readers to BlueBit? Is it more than just another exchange platform?

Terri: Launched on 31st March 2022, BlueBit is a multi-asset, centralized exchange (CEX) with offices in Saint Vincent and Dubai. We are one of only a few exchanges where clients can trade Crypto, Forex, Commodities, CFD markets, and even NFTs.

A total of 700 instruments are available across 7 asset classes. Exceptionally low commissions, a full trading app, and a 20% profit share.

Also featuring our very own BlueSparrow token - the platform's official cryptocurrency.

Chris: By the same token, how do you set yourself apart from the competition?

Terri: BlueBit envisions a world where the financial system is improved. The BlueBit Exchange offers its customers the ability to exchange crypto similarly to a swap or DEX using its instant, simple exchange feature.

BlueBit provides its clients with fully customizable trading rooms that are accompanied by metrics that track the performance of their trades.

The trading interface features multiple workspaces and a set of widgets tailored to specific trading needs. As well as market-depth and watchlists, we provide live support.

To ensure advanced security, BlueBit stores 95% of its crypto assets in multi-signature wallets that are protected by multiple encryption layers. BlueBit works with regulators in the markets in which it operates and supports progressive regulation of cryptocurrencies.

BlueBit has implemented robust AML measures, which include a tiered approach to KYC registration.

Furthermore, a new feature called IBB (Introducing BlueBit Brokers) is now available.

Upon joining, clients will be able to generate their own affiliate link and QR code within the IBB area. Our clients will receive 20% of our profits from their trading. This is unlimited and uncapped, and paid in USDT direct to your account and clients can see it in their IBB profit dashboard.

With our MT5 services, you can trade CFDs, Forex, commodities, and crypto all from the same platform, and that's one reason that sets us apart. Also, a community-focused team has listened to the needs and provided our clients with additional ways to earn.

‍We pride ourselves that both novice and experienced traders can enjoy the platform, with lower fees and increased security. Providing a state-of-the-art global exchange to our users and our growing BlueSparrow community.

Chris: Are there any restrictions as far as who can trade, which currencies, geo, etc?

Terri: To use MT5, our clients must complete verification level 2. In any case, levels 0 and 1 are sufficient for buying and selling crypto.

If you want to try MT5 before depositing USD, you can set up a demo account. Other than that, no, it is not our practice to discriminate against certain countries, as we decided to register our LTD company in a country that provides crypto-friendly regulations. ECCU regulation and AML policies still apply, but it gives our clients more freedom to trade with us from anywhere.

Chris: Our readers would love to know the background of your founders as well as what sparked the creation of the platform. Was it another evolution stage for your company?

Terri: To meet the needs of our community, we have built and developed as many features into our product as possible. BlueBit was founded by BlueSparrow (our native token). As our holders had difficulties on exchanges, we decided to carry over our ethics to a CEX.

Our goal was to create a platform where clients have a voice, ethical decisions are made and users enjoy the best trading experience possible without needing to download ten different trading apps, as we provide everything the market can offer.

As a result, a huge amount of time has been spent developing a new offering for the very future-oriented industry and the whole team is delighted to introduce the Blue Eco-system, all powered by BlueBit.io

The goal of the BlueBit team has always been to innovate and develop and as a team, we strive to be proactive, lead by example and remain one step ahead of the market. This has all been made possible with the developer's wealth of knowledge and being able to implement an idea and execute it.

They have created a complete trading platform with an iOS app and MT5, our founder Suzume has also spent $60,000 to build schools in a number of places. Our holders of BlueBit's native token, have benefited from daily giveaways worth more than $650,000 since the beginning.

Chris: What is MT5?

Terri: MetaTrader 5 (MT5) is the next-generation trading platform from MetaQuotes, following on from the hugely popular MetaTrader 4 (MT4).

The MT5 platform has been designed to accommodate a wider range of asset classes, including cryptocurrencies, as opposed to the MT4 platform which was optimized for forex trading.

MT5 is the ideal multi-asset platform for the modern trader that seeks to enhance their trading experience using a choice of powerful and effective new features as well as highly practical trading tools and resources. BlueBit offers the powerful MT5 to our traders, allowing them to trade multiple assets, such as CFD's on forex, stocks, commodities, indices, futures, energies and cryptocurrencies, with flexible leverage as well as no re-quotes, no price rejections and zero slippages.

A core benefit of the MetaTrader 5 on the BlueBit platform is that you can trade from anywhere, from the comfort of your smartphone and tablet, and trade the assets of your choice.

Chris: Please share what are you most excited about your plans for the end of 2022. Beginning of 2023?

Terri: What most excites us is listing projects in the market, most recently we listed the Shiba Inu ecosystem - SHIB, BONE, and LEASH. The entire trifecta, we are the second CEX in the world to do that and we got picked up around the globe for doing this. Even caught the attention of SHIB developer "Shytoshi Kusama". We enjoy bringing communities together, even though we have a native token "BlueSparrow", we believe that good projects will be stronger together and we need to unite. Mass adoption will ensue if we can unite and highlight what utilities serve our communities and the crypto world.

Another huge milestone for BlueBit that we are looking forward to is BlueBit NFT Marketplace.

As an extension to BlueBit, we have an NFT Marketplace which has more ways to earn with NFT staking, lazy minting, 3 blockchains (ETH, MATIC, BSC), and many more features.

Lazy minting is something that everyone should be aware of, it means our clients can create NFTs with no cost upfront at all. Only when it is sold will the blockchain fee be due. Meaning anyone can get started!

Catalog your photos, videos, music, or artwork without any cost to you. Enjoy and share your NFT collection on your social media and show your friends and family. You can even choose to split royalties with a friend, family member, or even a charity wallet of your choice.

Lastly, we want your readers to know that anyone that buys our BlueSparrow native token will be benefiting from extra burn events. We will use part of the fees that are derived from BlueSparrow transactions on BlueBit and buy more BlueSparrow from Uniswap and destroy those tokens. Making it even more deflationary than it already is.

The future is bright for BlueBit LTD as we are a unique offering in the industry. Here to serve and build in all ways possible.

Chris: Where can we stay updated with the news on the platform?

Terri: We have announcement pages on BlueBit to keep up to date with new token listings and our regular burn events. Also Twitter, Telegram, and Medium.

Announcements: https://bluebit.io/announcement-center

Press Releases: https://bluebit.io/news

We welcome all of your readers to come and join us live every week on our BlueBit Twitter spaces where we discuss many features, we invite guests to take the microphone and share their views on anything they feel like talking about. Our team is always here to listen and spark good conversation and even suggest your favorite project directly to us!

BlueBit.io Spaces: https://twitter.com/Bluebit_io

BlueSparrow Spaces: https://twitter.com/BlueSparrowETH

Terri-Leigh Bennett: https://twitter.com/TerriBlueBit

Chris: Thank you for this beautiful interview! Any word in the end for our readers?

Terri: Thank you for this opportunity and finally, I'd like to share that we have many tutorial videos on Youtube where you can learn all about BlueBit features and how to start your trading journey from the signup and onwards. Orderbook, customization of your dashboard, how to take profits, and much more!