There is a new Bitcoin exchange on the block, and it’s called Hitbtc. Following two rounds of financing, $3 million dollars were invested in Hitbtc and with this, the digital currency exchange was able to officially launch in February 2014. Now with the investments, Hitbtc is able to offer new features to its services. These include a virtual contest and comprehensive trading demo. The features are meant to attract both new and old Bitcoin traders.

Bitcoin Exchange Hitbtc Launches New Features

The option for demo trading will allow both experienced and new Bitcoin users to test out how a trade will work out in Hitbtc. It says in the released statement,

“It can be used by novice traders to gain valuable trading experience and gives them an opportunity to learn exactly what Hitbtc has to offer. At the same time, it allows skilled users to test out their robots on the demo platform and judge for themselves of the high quality of this new feature.”

Hitbtc is also holding a contest for those who are using its demo trading platform. The winner will be chosen based on how well they do on the demo, and will be given Oculus Rift glasses. Started on May 1st, the contest aims to allow users to experience Hitbtc trading through a friendly virtual challenge. Three winners will be chosen “based on their best performance trading through the API and through the web interface, as well those with the highest P/L in the shortest amount of time.”

Another new feature that has been added to Hitbtc is an order terminal of two different types of orders: market and limit. It says in the released statement,

“These features reflect Hitbtc’s business model based on using cutting-edge technology and bringing comprehensive professional trading software features to its users.”

It is also important to note that the new digital currency exchange boasts of a highly secure system that will allow customers the security they need to trade with ease. However, it should be mentioned that not much is known about this exchange. In fact, its exact location is not known, and the names of the head honchos are also not mentioned. It does say on the Hitbtc website that the exchange was launched “with the support from a group of high-profile investors.”

Image Source