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a) "Bitsta", "we", "us", or "our" means Bitsta Ltd., a Singapore corporation;
b) "Bitsta", "we", "us", or "our" means any text, sound, graphics, trade-marks, service marks, logos, taglines, trade names and other material owned by us or our licensors and made available through the Services;
c) "Parties" means you and us;
d) "Personal Information" has the meaning set out in the Privacy Statement;
f) "Representatives" means us and our affiliates, business partners, licensors, agents, content providers (not including you), service providers, employees, personnel, officers, directors, and representatives;
g) "Services" means the website www.bitsta.com and the services available through that website;
h) "Submissions" means any unsolicited idea, suggestion or other material in any format;
i) "Terms" means these Bitsta Terms and Conditions of Use (including, for greater certainty, the Privacy Statement);
j) "you" or "your" means (i) the individual, if the individual is licensing the Services for his or her personal use; or (ii) the corporation, institution, partnership, organization or other entity on whose behalf the individual accepting these Terms is acting;
k) "your account" means the user account you must register for, in order to use certain Services; and
l) "your content" means any text, sound, graphics, or other material which you post, upload, or otherwise share on or through the Services;
2. Accepting these Terms
Please read these Terms before using the Services. If you do not agree to these Terms, you may not use the Services. When you use the Services, you represent and warrant that you have the legal capacity to form a binding contract with us, and are doing so by your agreement to these Terms. You agree to have these Terms and any related information made available to you, and to otherwise have communications between you and us, occur electronically.
These Terms were last updated, and are effective as of, the “Updated" date indicated below.
Use of the Services in the future may require you to agree to a new version of these Terms that has been amended or modified by us in our sole discretion.
All rights not expressly granted by these Terms are reserved to us.
We respect your right to privacy. All information that we may collect via the Services is subject to our Privacy Statement. The Privacy Statement is incorporated by reference into these Terms.
You must be at least 18 years of age or older and the age of majority for using the Services in the jurisdiction in which you reside as of the time you use the Services.
The Services are intended for use from locations where such Services are legal. Any use by you of the Services from a location where the services are illegal is expressly prohibited.
Subject to these Terms, you are granted a non-exclusive, non-transferable, non-sub-licensable, revocable, limited right and license to use the Services, including the content therein and the services accessible through them solely for the purposes set out by the Service.
You agree to abide by all applicable laws in connection with your use of the Services, including those related to intellectual property rights, data privacy, international communications and the transmission of technical or personal data.
The Services may be used only for lawful purposes and in a lawful manner.
All rights not expressly granted to you are reserved by Bitsta and, if applicable, its licensors.
Use of the Services may require internet and data access for which you shall be responsible and subject to your internet access provider terms and conditions of use. In no event shall Bitsta be liable for any internet or data access fees or other charges incurred by you in connection with your use of the Services. Any such fees and charges shall be your sole responsibility.
The Services may be subject to limitations, delays and other problems inherent in the use of the Internet and electronic communications. Bitsta is not responsible for any delays, delivery failures, or other damage resulting from such problems.
You retain ownership of all your content that you post, upload to, or otherwise share on the Services. However, by posting, uploading, or sharing your content, you grant us a non-exclusive, sub-licensable, royalty-free, worldwide, and perpetual license to use, copy, reproduce, create derivative works from, and display your content in connection with the Services.
All Bitsta Content, the selection, compilation, arrangement and presentation of all materials, and the overall design of the Services are copyrighted by us or our licensors, and are protected by Singaporean and international intellectual property laws. Use of the Bitsta Content without our express prior written permission is strictly prohibited.
“Bitsta", “Bitsta.com", the Bitsta logo, and any other trademarks used on the Services are trade-marks or registered trade-marks of Bitsta or its licensors, in Singapore and other countries. Our trademarks may not be used in connection with any product or service without our express written permission.
Subject to any applicable law (and, in the case of Personal Information, the requirements of Section 3), any communications that you send or which are sent to you via the Services, whether solicited by us or otherwise, are on a non-confidential basis, and we are free to use and disclose the content of any such communication, including any ideas, inventions, concepts or know-how disclosed therein, for any purpose including developing, manufacturing and/or marketing goods and services. You agree to not assert any ownership right of any kind in such communications (including copyright, trademark, patent, unfair competition, moral rights, or implied contract). If you send Submissions to us or the Services, you automatically grant to us and our successors and assigns a perpetual, royalty-free, irrevocable, unrestricted, non-exclusive, world-wide, right and license to use, copy, reproduce, modify, adapt, publish, translate, create derivative works from, distribute, perform, display and otherwise exploit the Submissions or any ideas, concepts, know-how or techniques associated with the Submissions for any purpose whatsoever, commercial or otherwise, using any form, media or technology now known or later developed, without providing compensation to you or anyone else, without any liability whatsoever, and free from any obligation of confidence or other duties on the part of us or our successors or assigns.
You waive all author’s moral rights in your content and Submissions (including the right to be associated with your content or Submission) upon submission, as well as the right to receive any financial or other consideration in connection with your content and Submissions.
When using the Services, you agree not to do any of the following:
a) Threaten other users with violence;
b) Use hateful, abusive, harassing, libelous, or obscene language towards other users;
c) Post any material that infringes or violates any third party’s copyright, trade-mark, trade secret, privacy, or other proprietary or property right;
d) Copy any Bitsta Content onto your own or any other website;
e) Post any material which promotes illegal activity, could constitute a criminal offense, give rise to civil liability, or otherwise violate any applicable law or regulation or these Terms;
f) Purchase or sell any cryptocurrency with knowledge of any material, non-public information relating to such cryptocurrency;
g) Use the Services to send spam, chain letters, junk mail, or any other type of unsolicited mass e-mail;
h) Use the Services to distribute viruses or other harmful, disruptive, or destructive files;
i) Use the Services in violation of Bitsta’s or any third party's intellectual property or other proprietary or legal rights;
j) Use or attempt to use another person’s account;
k) Disrupt or interfere with the security of, or otherwise abuse, the Services, or any servers or networks connected to the Services;
l) Attempt to obtain unauthorized access to the Services;
m) Impersonate another person;
n) Share with any minor any content or materials inappropriate for children, or allow any minor access to such materials;
o) Systematically harvest data from the Services or programmatically register accounts on the Services;
p) Access the Services for purposes of monitoring their availability, performance or functionality, or for any other benchmarking or competitive purposes;
q) Modify or make derivative works based upon the Services , or any portion thereof;
r) “Frame" or “mirror" any Bitsta Content on any other server or wireless or Internet-based device;
s) Reverse engineer or access the Services in order to (a) build a competitive product or service, (b) build a product using similar ideas, features, functions or graphics from the Services, or (c) copy any ideas, features, functions or graphics from the Services; or
t) Copy, decompile, reverse engineer, disassemble, attempt to derive the source code of, modify, or create derivative works of Services or any part thereof (except as and only to the extent any foregoing restriction is prohibited by applicable law).
Certain services provided through the Services may only be available to you upon registration for your account. By registering, you represent and warrant to Bitsta that: (a) at least 18 years of age or older and the age of majority for using the Services in the jurisdiction where you reside as of the time you register with us; (b) all information provided by you to us during the registration process is truthful, accurate and complete; (c) you have an understanding of cryptocurrencies and the technology that underlies them; (d) you can afford to lose all amounts used to purchase cryptocurrencies through the Services; and (e) you will comply with all terms and conditions of these Terms.
As a registered user, you agree to maintain and promptly update your registration data as necessary to keep it true, accurate, current and complete.
The Representatives will rely on the information you provide. You will be responsible for any and all loss, damage, or additional costs that the Representatives or others may incur as a result of your submission of any false, incorrect or incomplete information or your failure to update your registration or other information that you submit via the Services. You acknowledge that you are solely responsible for maintaining the confidentiality of your account credentials (including any user names, passwords or security tokens created or provided) and that you will be responsible for any loss resulting from any unauthorized use of your account. You agree to immediately notify us of any unauthorized use of your account. Similarly, you are responsible for verifying and maintaining the protection, security, and distribution of your account information, including account numbers, user names, and passwords.
All liability relating to password management resides with you and under no circumstances, including negligence or misconduct, will we be liable for any damages that result from the use of your account.
You can cancel your account at any time by doing so from your account settings page and requesting that your account be deleted.
We highly recommend you keep a secure backup of your password and any security credentials we provide to you in a safe and off-line environment. If you have a verified e-mail address may use our automated account recovery procedure in order to request a password reset link. If you do not have a verified email address or if you have lost any security credentials we provide to you, in order to recover these credentials you must go through our assisted account recovery procedure, which requires a two (2) month waiting period with no logins by you and the payment by you of a 0.01 BTC service charge. If you want to start the assisted account recovery procedure, you must contact us by email support[at]Bitsta.com with your account username.
By purchasing via the Services, you agree and acknowledge that:
a) the cryptocurrencies available for purchase via the Services are not “securities" within the meaning of the Securities and Futures Act (SFA2001) (Singapore) and accordingly you will not have access to any of the securities laws remedies or protections available to purchasers of securities;
b) you have a sophisticated understanding of technical and business matters relating to cryptocurrencies and blockchain technology to understand these Terms and to appreciate the risks and implications of making purchases via the Services;
c) we make no representations or warranties with respect to the cryptocurrencies available for purchase from us and you are solely responsible for researching the cryptocurrencies you purchase and ensuring that your purchases via the Services are made on an informed basis;
d) holding cryptocurrencies carries various risks, including those relating to the issuer of and the technology underlying the cryptocurrencies and the value of your cryptocurrencies may decrease to zero;
e) the cryptocurrencies you purchase via the Services are not protected by any government or other insurance; our ability to fill your purchase and sale orders on a timely basis depends in part on the presence of a market for those cryptocurrencies;
f) if there is a lack of corresponding purchase or sale orders in a particular cryptocurrency it may not be possible to fulfil your order on a timely basis or at all;
g) the Services may be subject to malicious cyberattacks or may contain exploitable flaws in its security systems, which may result in security breaches and the loss or theft of cryptocurrencies;
h) issuers of the cryptocurrencies available for purchase via the Services may not be subject to ongoing public disclosure requirements and accordingly it may be difficult to find accurate and current information relating thereto;
i) furthermore, others trading those cryptocurrencies may be doing so in possession of material non-public information;
j) cryptocurrencies generally do not afford the holder thereof any rights commonly associated with securities ownership, such as voting rights and rights to participate in the equity of the issuer;
k) you waive your right to participate in a class action lawsuit or a class-wide arbitration against any Bitsta entities and/or Bitsta Representatives; and you have obtained such legal and tax advice as you consider appropriate in connection with purchase of cryptocurrencies via the Services.
Purchases made via the Services are subject to the following terms:
a) Orders: All orders confirmed by you are deemed final and are non-reversible by you. Bitsta provides you with the tools to verify your order before confirming it to help you catch a mistyped order. Bitsta will not be responsible for losses induced by mistyped or otherwise wrongly placed orders. An open order may be cancelled at any time by you but Bitsta makes no guarantee on whether that order will be cancelled before execution. Notwithstanding the foregoing, in the event we determine, at our sole discretion, that as the result of a technical issue an executed order did not reflect the fair market value for the applicable coin, such order shall be cancelled and you shall be refunded the amount you paid for your order. Executed orders are subject to the then-current trading fees collected in the coin settlement amount for that transaction. The current trading fees can be found under the account funding and withdrawal section for each coin available on the Services.
b) Transfers: Coin deposits are subject to a minimal number of confirmations by the applicable blockchain before being fully credited to your account and coin withdrawals are subject to withdrawal fees. The number of confirmations and fees are indicated in the under the account funding and withdrawal section for each coin available on the Services. Bitsta shall attempt to process withdrawals and deposits in a timely manner but Bitsta and the Representatives make no guarantee pertaining to the timing those transfers. Bitsta and the Representatives are not responsible for losses and liabilities induced by delayed transfers.
c) Availability of Coins: Coins are listed on the Services at the discretion of Bitsta and can be removed or closed at any time. If a coin is so removed or closed, your open orders will be cancelled and your account credited back. If a coin is selected for removal, and if the applicable blockchain allows it, you will have twenty five (25) days to withdraw your funds. Bitsta and the Representatives assume no liability or cost whatsoever arising from removed or closed coins. Removed coins left in your account after the withdrawal period will be forfeited.
The Services do not constitute an offer or solicitation in any jurisdiction in which such offer or solicitation is unauthorized or unlawful.
Bitsta does not control the trading value of cryptocurrencies and by using the Services you agree to keep Bitsta free of any liabilities or losses, direct, indirect, special or consequential damages, however caused, induced by the market price variation of any asset for any reason.
Although Bitsta tries to deliver you up to date market data such as quotes, order book, and charts the data is provided 'as is' without any guarantee of being the latest. The data may also have typographical errors, be incomplete and inaccurate. Bitsta will try to correct those mistakes on a best effort basis but do not necessarily commit to do so.
THE SERVICES AND CRYPTOCURRENCIES PURCHASED VIA THE SERVICES ARE PROVIDED ON AN “AS IS" AND “AS AVAILABLE" BASIS. THE REPRESENTATIVES CANNOT AND DO NOT GUARANTEE, AND DO NOT MAKE ANY, AND, TO THE FULLEST EXTENT PERMITTED BY LAW, EXPRESSLY DISCLAIM ALL REPRESENTATIONS, WARRANTIES, COVENANTS, AND CONDITIONS OF ANY KIND, WHETHER EXPRESS OR IMPLIED, STATUTORY OR OTHERWISE, INCLUDING (1) ANY WARRANTY OF MERCHANTABILITY; (2) FITNESS FOR A PARTICULAR PURPOSE; (3) NON-INFRINGEMENT; (4) THAT THE SERVICES OR ANY CRYPTOCURRENCIES PURCHASED VIA THE SERVICES, WILL MEET YOUR REQUIREMENTS; (5) THAT THE SERVICES WILL BE UNINTERRUPTED, TIMELY, SECURE, OR ERROR FREE; AND (6) THAT ANY DEFECTS WITH THE SERVICES, IF ANY, WILL BE CORRECTED. YOU UNDERSTAND THAT ANY USE OF, MODIFICATION TO OR RELIANCE ON THE SERVICES, OR ANY CRYPTOCURRENCIES PURCHASED VIA THE SERVICE, IS AT YOUR OWN DISCRETION AND RISK.
You are solely liable and responsible for any and all claims and demands made by any other person arising out of, in connection with, or relating to your use of the Services, your breach of these Terms, your violation or infringement of the rights of others, or your violation of any applicable civil or criminal law. Bitsta and the Representatives disclaim any and all responsibility and liability regarding all such matters. You further agree that you are solely responsible for actions and communications undertaken or transmitted in the course of your usage of the Services, and that you will comply with all applicable law in respect of same. We may investigate occurrences which may involve violations of such laws, and may involve, and co-operate with, law enforcement authorities in prosecuting users who are involved in such violations. We reserve the right at all times to disclose any information (including your Personal Information) regarding your usage of the Services in each case as may be permitted or required by applicable law, including as necessary to satisfy any request authorized by applicable law.
Certain links on the Services may take you to other websites. We are not responsible for the content of any such linked pages and we make no representation or warranty regarding, and do not endorse or approve, any linked websites, the information appearing thereon or any of the products or services described. Your use of any such linked website is at your own risk.
No data transmission over the Internet can be guaranteed to be 100% secure and as a result, we cannot ensure or warrant the security of any information you transmit to us.
The United Nations Convention on Contracts for the International Sale of Goods does not apply to these Terms.
UNDER NO CIRCUMSTANCES — INCLUDING NEGLIGENCE — SHALL BITSTA OR THE REPRESENTATIVES BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, PUNITIVE, EXEMPLARY, SPECIAL OR CONSEQUENTIAL LOSS OR DAMAGES, RESULTING FROM (1) THE USE OR THE INABILITY TO USE THE SERVICES; (2) THE USE OR THE INABILITY TO USE ANY CRYPTOCURRENCY PURCHASED VIA THE SERVICES; (3) THE COST OF PROCUREMENT OF SUBSTITUTE GOODS OR SERVICES; (4) UNAUTHORIZED ACCESS TO OR ALTERATION OF YOUR TRANSMISSIONS OR DATA; OR (5) LOSS OF PROFITS, USE, DATA OR OTHER INTANGIBLES, EVEN IF THE REPRESENTATIVES HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. THE FOREGOING SHALL NOT APPLY TO THE EXTENT PROHIBITED BY APPLICABLE LAW.
YOU ACKNOWLEDGE THAT BITSTA ACTS AS TRUSTEE FOR ALL OTHER REPRESENTATIVES WITH RESPECT TO ALL RIGHTS CONTEMPLATED HEREUNDER ARISING IN FAVOUR OF ANY REPRESENTATIVE. BITSTA AGREES TO ACCEPT SUCH TRUST AND HOLD AND ENFORCE SUCH RIGHTS ON BEHALF OF EACH SUCH REPRESENTATIVE.
You agree to indemnify, defend, and hold harmless Bitsta and the Representatives, from any and all claims and expenses, including attorneys’ fees, arising out of your use of the Services, including your violation of these Terms. We may, at our sole discretion, assume the exclusive defense and control of any matter subject to indemnification by you. The assumption of such defense or control by us, however, shall not excuse any of your indemnity obligations.
We may at any time without notice or liability decide to alter, amend, restrict, modify, or terminate the Services or any functionality or portion of the Services, all in our sole discretion, and you understand that there is no guarantee that the Services or any portion or functionality of it will continue to operate or be available for any particular period of time, including removing, adding, modifying, or changing the availability of, restricting access to, or imposing limits on any or all features on, or links to, the Services. We reserve the right, in our sole discretion, to correct any errors or omissions in any portion of the Services at any time without notice, but confirm that we have no duty to do so.
If you breach any provision of these Terms, then you may no longer use the Services and you may have your account cancelled. We, in our discretion, shall determine whether these Terms have been violated. We may also cancel trading and withdrawal rights for any account suspected unauthorized access or hacking.
We may terminate these Terms with you at any time.
These Terms shall be governed by and construed in accordance with the laws of the country of Singapore, without giving effect to its conflict of law provisions. You agree that you will bring any claim or cause of action arising out of these Terms, your use of the Services or any purchase made via the Services in the courts located within Singapore, and you also agree to submit to the personal and non-exclusive jurisdiction of those courts. If any provision contained in these Terms is determined unenforceable, then such provision will be severed and replaced with a new provision that most closely reflects the intent of the original provision, and the remaining provisions of these Terms will remain in full force and effect. No waiver of any provision of these Terms shall be effective except pursuant to a written instrument signed by us expressly waiving compliance, and any such waiver shall be effective only in the specific instance and for the specific purpose stated in such writing. You agree that no joint venture, partnership, employment, or agency relationship exists between you and us as a result of these Terms and/or your use of the Services. You may not assign any right, interest, or benefit provided under these Terms or the Services without our express prior written consent. These Terms set forth the entire agreement between you and us, and supersede any and all prior communications, agreements and proposals, whether electronic, oral or written, between you and us with respect to the Services. The parties have expressly required that these Terms and all other related documents be drawn up in the English language.
Bitsta can be contacted by e-mail at support[at]bitsta.com.
This document was last updated on April 13, 2018
b) What is Personal Information?
c) How do we collect your Personal Information?
d) Where do we store your Personal Information?
e) How do we use your Personal Information?
f) To whom do we provide your Personal Information?
g) When and how do we obtain your consent?
h) How do we ensure the privacy of your Personal Information when dealing with our affiliates and other third parties?
i) How long will we utilize, disclose or retain your Personal Information?
j) How can you review your Personal Information that we have collected, utilized or disclosed?
k) How do you know that the Personal Information we have on you is accurate?
l) What if the Personal Information we have on you is inaccurate?
m) How fast will we respond to your written requests?
n) Are there any costs to you for requesting information about your Personal Information or our privacy practices?
o) How do we know that it is really you requesting your Personal Information?
p) What safeguards have we implemented to protect your Personal Information?
q) How do you contact us regarding access to your Personal Information or our privacy practices?
“Personal Information" is any information that is identifiable with you, as an individual. This information may include but is not limited to your name, address, telephone number, credit card information, certain financial information, and your e-mail address. Personal Information, however, does not include certain business contact information used for the purpose of communicating or facilitating communication with you, as an individual, in relation to your employment, business or profession.
We will always collect your Personal Information by fair and lawful means (for example, when you register with us, fill out a form, change settings, enter an order. or request a transfer). We may collect Personal Information from you directly and/or from third parties, where we have obtained your consent to do so or as otherwise required or permitted by law.
a) Where do we store your Personal Information?
b) We will keep the Personal Information that we collect at the Bitsta offices or at the offices of our third-party service providers, as applicable.
c) How do we use your Personal Information?
d) We identify the purposes for which we use your Personal Information at the time we collect such information from you and obtain your consent, in any case, prior to such use. We generally use your Personal Information for the following purposes (the "Purposes"):
i) to properly identify you;
ii) to manage your account with Bitsta;
iii) to determine your eligibility for our products and services and the products and services of companies with whom we are affiliated, and determine their price;
iv) to process your orders from Bitsta;
v) to respond to questions, comments or concerns regarding Bitsta;
vi) to allow for more meaningful and useful marketing initiatives;
vii) to collect your Personal Information in aggregate form to develop consumer profiles, perform sales analysis and identify marketing opportunities and strategies;
viii) to collect opinions and comments in regard to Bitsta’s operations;
ix) to recruit for positions at Bitsta;
x) to investigate legal claims;
xi) to protect against fraud;
xii) to administer Bitsta websites and any Bitsta software applications;
xiii) such purposes for which Bitsta may obtain consent from time to time; and
xiv) such other uses as may be permitted or required by applicable law.
We identify to whom, and for what purposes, we disclose your Personal Information, at the time we collect such information from you and obtain your consent to such disclosure.
For example, we may transfer your Personal Information to third party service providers with whom we have a contractual agreement that includes appropriate privacy standards, where such third parties are assisting us with the Purposes – such as service providers that provide telephone support, data storage, or processing.
In addition, we may send Personal Information outside of the country for the purposes set out above, including for process and storage by service providers in connection with such purposes. However, you should note that to the extent that any Personal Information is out of the country, it is subject to the laws of the country in which it is held, and may be subject to disclosure to the governments, courts or law enforcement or regulatory agencies of such other country, pursuant to the laws of such country.
We generally obtain your consent prior to collecting, and in any case, prior to using or disclosing your Personal Information for any purpose. The form of consent that we seek, including whether it is express or implied, will largely depend on the sensitivity of the personal information and the reasonable expectations you might have in the circumstances.
We may keep a record of your Personal Information, correspondence or comments, in a file specific to you. We will utilize, disclose or retain your Personal Information for as long as necessary to fulfill the purposes for which that Personal Information was collected and as permitted or required by law.
If you make a written request to review any Personal Information about you that we have collected, utilized or disclosed, we will provide you with any such Personal Information to the extent required by law. We will make such Personal Information available to you in a form that is generally understandable, and will explain any abbreviations or codes.
In addition, you can review and edit information saved in your account settings and verification profile at any time by logging in to your account.
We will ensure that your Personal Information is kept as accurate, complete and up-to-date as possible. We will not routinely update your Personal Information, unless such a process is necessary. We expect you, from time to time, to supply us with written updates to your Personal Information, when required.
At any time, you can challenge the accuracy or completeness of your Personal Information in our records. If you successfully demonstrate that your Personal Information in our records is inaccurate or incomplete, we will amend the Personal Information as required. Where appropriate, we will transmit the amended information to third parties having access to your Personal Information.
We will attempt to respond to each of your written requests not later than thirty (30) days after receipt of such requests. We will advise you in writing if we cannot meet your requests within this time limit.
We will not charge any costs for you to access your Personal Information in our records or to access our privacy practices without first providing you with an estimate of the approximate costs, if any.
We may request that you provide sufficient identification to permit access to the existence, use or disclosure of your Personal Information. Any such identifying information shall be used only for this purpose.
We have implemented physical, organizational, contractual and technological security measures to protect your Personal Information from loss or theft, unauthorized access, disclosure, copying, use or modification. The only employees who are granted access to your Personal Information are those with a business "need-to-know" or whose duties reasonably require such information.
All comments, questions, concerns or complaints regarding your Personal Information or our privacy practices, should be forwarded to our Compliance Officer as follows:
Our websites may pass a "cookie" (a string of information that is sent by a website to be resident on your system's hard drive, and/or temporarily in your computer's memory blocks). You may set your browser to decline cookies. If you do so, however, you may not be able to fully experience some features of our websites.
With extensive development already completed, Bitsta Exchange
will launch in the first quarter of 2019 or sooner.
Discover the early design direction of the Bitsta exchange user experience.
In development by an experienced team who have built cryptocurrency applications handling hundreds of thousands of accounts per month and transactions in excess of one billion dollars.
With extensive development already completed, Bitsta is a modern, highly secure and fully scalable cryptocurrency exchange service platform designed for mass mainstream adoption. Bitsta will attract customers through responsiveness, security, localization, live customer service, rich features, and user empowerment through customizable modules. At least fourteen tradable cryptocurrencies will be available at launch along with the ability to deposit and withdraw in fiat in select markets shortly thereafter.
Bitsta will initially support cryptocurrency to cryptocurrency trading followed by fiat to cryptocurrency trading in select markets as well as securities and decentralized trading in the future.
At Bitsta, security is the primary focus. Bitsta will store all currency in multi-signature cold wallets — "hot" wallets are never used. Additionally, Bitsta will use a unique security protocol for customer withdrawals which will allow the customer to control and confirm their withdrawal and transfer information completely off-system.
Bitsta will provide easy to use tools and extensive modern features that create a fully integrated cryptocurrency trading environment and exceed market expectations. All exchange services will be accessible via an extensively tried and tested secure web application that has already processed millions of dollars per day and hundreds of millions of dollars per month.
Global exchange user numbers are climbing at an accelerated rate. A Cambridge study in March of 2017 revealed that the number of active users of BitToken wallets was in the range of 2.9 million and 5.8 million. A USA based exchange, reported 13.3 million users in November 2017 with an increase of over 300,000 users in one week alone. As blockchain technology continues to evolve the demand for cryptocurrency trading will continue to increase as well. Cryptocurrency markets, as of December 2017, are now averaging the same daily trading volumes as the New York Stock Exchange.
With cryptocurrency and blockchain acceptance and adoption still in the early stages, but accelerating steadily, the opportunity for a secure, unique and professional long-term exchange is significant.
Bitsta delivers unique and proprietary solutions to existing exchange challenges and provides maximum security and optimal user experience. From unmatched security to trading bots and prime broker services, traders of all types will find powerful features suited to their needs.
In addition to extensive client side and server side security features, Bitsta will include at least two proprietary, patent pending, security technologies including absolutely no user funds in "hot" wallets, ever.
Bitsta's proprietary matching engine is designed and built to handle well over one million completed transactions per second, over two million individual buy and sell transactions per second, making it one of the fastest matching engines currently with additional upgrades already planned.
Bitsta platform is designed to run completely autonomously in order to serve transactions 24-hours per day, 365 days per year, with powerful systems maintaining stability, security, checking all statuses, and scaling as needed during peak times.
A wide array of order types available at launch, with more to be added, enable powerful, fine grain, trade control: Limit, Market, Stop Limit, One-Cancels-the-Other, One-Triggers-the-Other, One-Triggers-One-Cancels-the-Other.
Bitsta order types are controlled by time frames enabling further powerful refinement of your trades accounting for numerous possible factors: Immediate, Cancelled, Good Until Cancelled, Good Until Date.
Bitsta will automatically smart-pair currency Bid/Ask with a minimum sustained execution speed in excess of one million completed transactions per second.
Bitsta platform was designed with localization in mind from day one. Translation support comes pre-built in to the platform and enables Bitsta to launch and support new markets quickly.
Highly personalize and customize your account's displays to create a style that maximizes your personal trading preferences without the need for downloads or repeat setup on multiple devices.
Reach Bitsta customer support, in a variety of languages, at any time of day, from anywhere in the world, 365 days per year.
Bitsta platform will include gamified features to increase adoption of the exchange as well as introduce beginner users to new features and trade options. We expect gamification will at least double the average number of trades per user.
Bitsta will have a responsive, intuitive and modern user interface (UI) with feature-rich modules viewable on most devices. Light and dark theme versions will be available at the time of launch.
Simple guided trading and setup for first time users makes Bitsta exceptionally accessible. Experienced traders can jump in and take advantage of customization and extensive trade type options as well as API access and Prime Broker services.
Safely store your assets with Bitsta and avoid having to create local wallets, print paper wallets, or purchase a hardware wallet. Available to all users; great for institutional and large investors.
Focused and trending news for each of your assets displayed in real time. See recent, credible, and real time, asset specific news from over 30,000 reputable online sources.
Bitsta trading bots available along with support for popular 3rd party trading bots. Trade 24/7 with intelligent bots built into your Bitsta account or connect preferred bots with our advanced API.
Bitsta user experience will be extremely intuitive and come with powerful personalization features
Purchase Bitsta BXE tokens now by logging in or register
Bitsta BXE Token will be used as the preferred Bitsta exchange transaction fee token with decreased trading fees when used by exchange customers and will include a special Staking Program available to those already registered at the time of launch.
The issue will be for 425,000,000 (425 million) BXE and will never increase. BXE is an Ethereum blockchain ERC20 token.
Every quarter Bitsta will use 25% of profits to repurchase BXE Token until 325 million have been repurchased and destroyed, leaving 100 million in circulation.
Bitsta development is already under way with first demos completed in May 2018.
Development of the exchange platform begins with initial development team.
Setup of initial pre-beta system for initial automatic usage and testing.
Front end and back end account creation and management capability live. Referral engine live.
Daily comparison reports for auditing team. Weekly full-pass penetration testing from System Team.
Invite only access for already registered users to Beta version of exchange platform.
Public access to live exchange platform.
Localization and additional features released.
Primary revenue source will be exchange fees. Additional revenue is planned from listing fees, margin fees and other fees for additional tools and services including secure asset storage.
per Token listed
per transaction + interest
by service or access
Bitsta is led by an experienced leadership team and advised by a varied group of experts in their respective fields
Bitsta is being developed by an experienced development team who have built cryptocurrency applications handling hundreds of thousands of accounts per month and transactions in excess of one billion dollars
Bitsta development team is comprised of over twenty team members, and growing. The team is lead by a very successful and experienced founder of a top web application development company used by multi-million dollar companies processing as much as $500 million dollars per month. With millions of accounts managed, and billions in credit card transactions, the Bitsta development team is very familiar with security, efficiency and scalability demands of online systems. When it comes to cryptocurrency and blockchain, the team has developed systems and apps that have successfully, and securely, handled hundreds of thousands of new accounts per month and hundreds of millions of dollars of cryptocurrency processing volumes. The team is at the forefront of modern full stack development and is constantly improving Bitsta with enhancements of its speed, security, reach and capability.
Bitsta user interface and user experience design (UI/UX) team is lead by an experienced web designer with over a decade of experience in creating impressive modern front-end applications. Specializing in creating a rich user experience, the team knows that good used experience entails much more than simply making sure an application is viewable on all devices. Each device requires its own feature set accessible in a way that fits that device best. The team is adept at creating interfaces and user experiences that far exceed the initial specifications. Most recently they have built the front end and back end platforms for several companies generating revenues in excess of 100 million dollars.
The Bitsta blockchain development team is led by a highly accomplished software engineer with extensive experience developing the underlying blockchain protocol, smart contracts, and the broader network ecosystem. When it comes to experience and capability, numbers don’t lie, and that’s certainly true in this case, as the Bitsta Lead Blockchain Developer has a reputation score of well over 17,000 on StackOverflow.com. That score places him in the top 2% of developers with over 1.7 million developers having been helped or shown the way through his feedback and code.
Tristan is a passionate and energetic young entrepreneur that has helped launch multiple companies and is currently a founder and shareholder in two very successful ventures. As an advisor, he has helped numerous Asian startups reach the global marketplace. Established international companies have found Tristan’s marketing and sales advice invaluable and he is a highly sought after resources for those looking to establish a presence in Asia. Tristan’s experience and success as a commodities investor naturally led him to the exciting and high energy blockchain and digital asset marketplace. He has invested in, helped launch and advised a number of successful blockchain projects and is now excited to create a digital asset trading product that will connect both sides of the world, east and west.
Ken is a lifelong entrepreneur with a natural aptitude for building global networks that resulted in his success. Over the past 16 years he has helped companies from all over the world launch, grow quickly and maximize their value through leveraging his relationships and training. Ken's deep understanding of the power of the person-to-person "unbanked" economy naturally drew him in to the blockchain and digital asset space. There he has helped raise millions for successful projects in North America and Asia. He is eager to bring the blockchain to those who have yet to get involved through modern and convenient technologies that make the entry easy. Ken’s lifelong motto has been to “give so much value at all times that it will create a demand for you”. He is bringing this winning approach to the Bitsta Exchange team culture.
Ashton has been a leader, entrepreneur, and technology enthusiast in blockchain technology since 2013. With a decade of experience in markup languages and website development and a constant thirst for knowledge, Ashton constantly studies crypto, trading blockchain technology, with a special place for Ethereum and smart contracts. He has been involved with ICOs since the initial Ethereum ICO, and his involvement on blockchain projects has collectively raised over $40 million USD. He's also a YouTube influencer that founded the online FinTech digital broadcasting network Crypto Coin Show and has crypto communities on YouTube, Facebook, and Twitter. Ashton founded EventChain.io a Smart Ticketing platform on the Ethereum blockchain designed to solve a long list of issues with the centralized event ticketing industry.
Jay is the CTO of Click4Time Software. Jay took a keen interest in Bitcoin in 2009 and in 2013 he became a regular at the Bitcoin blockchain meet-ups and began formulating many concepts of applying blockchain technology to everyday products and services. Jay has also been a professional broadcaster for over 25 years and covered the Inside Bitcoins convention in Las Vegas in 2014, interviewing 34 top CEOs and founders of blockchain based start-ups. Jay can be seen on Reuters Insider Financial Network, YouTube, DailyMotion and many other media channels.
Jesse is a veteran cryptocurrency trader and advocate. He has had numerous successful returns on coin startups that speak to his ability to analyze and choose quality projects in the blockchain space. Considered a veteran in the cryptocurrency industry by his peers, he also has extensive knowledge and programming experience as a developer of cryptocurrencies and tokens as well as working in Linux, Apache, MySQL and in PHP. Entering the blockchain space in early 2011, he has long term experience trading Bitcoin, numerous alternative coins and currently manages the Shares Per Hour Virtual Reality Business Networking blockchain platform, integrating blockchain business with virtual reality.
Patrick is an avid digital marketer and brand strategist, who has worked with top North American banks and brands including ING DIRECT, Royal Bank of Canada, Air Canada, Unilever, General Motors and many more. Over the past five years Patrick has focused on financial technology and cybersecurity. He recently led the digital marketing efforts for financial technology startup ZenBanx which sold to SoFi for $100 million. Patrick’s work in cyber security and banking security helps him support users and companies by showing them how to keep their digital assets safe with optimal operational security systems. Patrick has a long term vision, and passion, for the disruptive power of Bitcoin which has created a new global community of “self-banked” people who strongly believe in their right to both secure, and trade, their digital assets as they see fit.
Discover why beginner and professional traders will choose Bitsta
The Bitsta Exchange will have revolutionary features that are yet to be implemented by the currently existing cryptocurrency trading platforms.
Bitsta, a next generation digital asset exchange, announces a market leading set of new features for its trading platform.
The user interface is being developed by a highly experienced team guided by actual trading experience. The goal is to create an intuitive and extremely easy to use...
Bitsta delivers exclusive and unique solutions to existing exchange challenges and provides maximum security and optimal user experience for all types of traders.
A key feature is a unique system where Bitsta will store all reserve currency in multi-signature cold wallets — no "hot" wallets are ever used.
With extensive development already completed, Bitsta Exchange is a modern, highly secure and fully scalable cryptocurrency/digital asset exchange service platform.