If you ever want to meet the World’s Fastest Crypto Exchange, PIT comes first before any exchange in this Crypto market. The PIT is the first-microsecond latency crypto trading platform with institutional liquidity and unmatched reliability, launched by Blockchain on July 30, 2019. This fastest crypto exchange has launched to level the Playing Field for Retail Investors with reliable, fast, and liquid marketplace to create & maintain the crypto fairly environment, as announced by Blockchain itself.
Funny The Pit Intro Video Ad:
According to a blog published on Blockchain.com,
“Last July, we set out to build the fastest matching engine in crypto to ensure that the failed trades and broken markets that plagued the last crypto bull market wouldn’t hold-back traders in the next cycle.
We built an all-star team of veterans from NYSE, TD Ameritrade, Google, Goldman Sachs, UBS, Interactive Brokers, and Revolut, to build it from the ground-up (we’ll have more blogs on the team behind The PIT throughout the week!).”
Meanwhile, PIT will fundamentally alter the crypto exchange ecosystem forever by delivering the results in microseconds, no milliseconds, as Blockchain explained about it redefines speed.
Can You Trust the Cryptocurrency exchange site?
Looking to the trust factor, The PIT exchange is Officially announced and launched by Blockchain itself. They provide a new feature called Blockchain Connect, where more than 40M Blockchain Wallets can interact with the crypto transactions without having any issues.
We look forward to playing our part in developing The PIT into one of the leading trading venues,” says Cristian Gil, Co-Founder, GSR, a leading market maker.
In short, The PIT, powered by Blockchain.com, is the first crypto trading platform to bring institutional-grade speed, reliability, and liquidity to individual investors across the world. So, obviously we can fully trust this exchange.
Talking about PIT exchange features,
- Their front-end trading interface allows users to customize the simplicity or sophistication of their experience. It ensures that users will have the right level of market insight.
- Users can also take maximum control over their own crypto through a single, trusted provider.
- It’s already connected with the World’s Most Popular Cryptocurrency Wallet as well as Built by the Team Behind 40M Blockchain Wallets
- Currently, 32 pairs are live here. It includes; BTC, ETH, BCH, LTC, XLM, PAX,PAX,DGLD,ALGO, USDT, EUR, GBP & USD.
- Robust & Customizable Charting, Trade Execute in Microseconds, Liquidity powered by the Pros. and The “Goldilocks Zone” of Assets and Order Types.
- The pit has the fastest matching engine which supports 40-microsecond trade complete.
- The Pit exchange has a competitive trading free which makes it more convenient. Fees are lower than Coinbase’s Pro Exchange by 0.01%.
- Available in 200+ Countries worldwide.
Looking at fees, It’s a simple, maker-taker fee model. It starts with an introductory tier that’s lower than most exchanges. The more you trade, the less you pay.
For Tier 1 ~ trading 30d between $0.00 – $99,999.99
- Maker Fee: 0.14%
- Taker Fee: 0.24%
- SEPA Withdrawal Fee: $0 (Minimum 50 EUR)
- USD Wire Deposit: Free
- USD Wire Withdrawal: $10 (Domestic) or $30 (Foreign)
To check the full fee Structure, go here: https://pit.blockchain.com/fees
How to use & How to Trade on Supported Crypto Currencies
The PIT is available in 240 Countries and Areas and directly connected with your Blockchain Wallet.
- Easily Move Crypto: Link your PIT trading account to our secure non-custodial Blockchain Wallet and easily move money back and forth.
- Where it goes Down: We engineered this exchange for mind-blowing speed and deep liquidity. You can see it all on our streaming order book.
- To start your trading experience on the PIT Exchange, First check the supported Cryptocurrencies here: https://pit.blockchain.com/markets
- After checking the currencies, you can start your first trade here: https://pit.blockchain.com/trade
They have a Top-Tier Support Team, which is available 24/7 to answer pressing questions. You can access the extensive suite of educational and technical resources in their support center here: https://pitsupport.blockchain.com/
Meet The PIT: The World’s Fastest Crypto Exchange The secret is finally out. We’re launching The PIT, an institutional-grade crypto… – https://t.co/06flQxIwJx #Wealth #News #Cryptocurrency #Business #Investing #Information #Capital #Options #Financial #Funds pic.twitter.com/3QRYNSnsDG
— Smart Money Management (@SmartMoneyM) December 9, 2019
— Bitcoin.com Official (@BitcoinCom) July 31, 2019
The Pit Recent Updates
- Blockchain.com’s recently launched cryptocurrency exchange, The Pit, has become one of the few exchanges to enable the U.K. Faster Payments
- DGLD token added to the Pit exchange
If you think that the Blockchain wallet is performing well at your end then, you must give PIT a try. In fact, they provide Best in Class security, which can also be observed using their Blockchain Wallet. So, you can begin trading crypto on the PIT – fast, reliable, and liquid by creating your account from the first day.
For more info on The PIT, including news, insights, and promotions, follow them on Twitter @BlockchainPIT and Telegram @BlockchainPIT.