Cryptoworld: Cryptocurrency exchange platform digital world

Bitmora was founded in May of 2017 by Colton Brister, Elias Mansour, and Joseph Dagostino. We are an established C-Corporation business based in Delaware. We are building a service that will allow users to globally exchange cryptocurrency and vote on the framework upon which cryptocurrency exchanges are built.

What Is BITMORA

Bitmora is a US-based cryptocurrency exchange platform set to revolutionize the way the digital currency exchange world operates. We will be bringing a one of a kind trading platform to the market with low fees, enterprise grade security, and a unique voting system designed to put the future of cryptocurrency exchanges in the hands of activists and users alike.

Our founders, Colton Brister, Elias Mansour, and Joseph Dagostino have come together with the intention of creating an exchange that is not only built for the people, but by the people. Our service will provide a platform that allows users to globally exchange cryptocurrency in a professional manner and help set the standard for all professional cryptocurrency trading.

Benefits

1.Innovative Fees : We’re all tired of paying ridiculous fees. That’s why we are introducing a revolutionary fee system that no cryptocurrency exchange has ever used before. You get to choose between two systems, and depending on your trading type and volume, one system may be more affordable than the other.

2.Built By You : Bitmora is the first ever exchange to allow the community to vote on user suggestions for new features. Vote on a poll and take pride when you see it live knowing you helped get it passed!

3.Completely Legal : Bitmora Inc. is a fully registered C-Corp in the USA, MSB compliant with FinCEN, and is backed by strong bank agreements.

4.Modern Interface : Whether you’re on your desktop device or mobile phone, you will be able to trade, analyze, and control your investments. We make it easy for beginners, but also effective for experienced users.

5.Dedicated Support : Our support team is dedicated and scalable. We guarantee quick ticket response times and offer live phone support the day we open.

6.Secure : Our cold storage funds will be distributed worldwide in multiple, undisclosed locations. We provide routine audits, enterprise DDoS protection, and ensure funds are securely protected by numerous access control systems and software.

7.Financial Transparency : Download our monthly financial data and view all fees we receive along with monthly volume exchanged on all pairs. Your trust is of utmost importance to us.

Core Values

1.Leading — Bitmora’s goal is to revolutionize the way the world looks at the cryptocurrency investing. All major revolutions have been achieved not by leaders alone, but by the people behind those leaders. Rather than fighting history, we will be putting all major decisions directly in the hands of our users.

2.Community Outreach — We care about our community and are willing to prove it. From day one, we will be providing superior customer support to what is currently offered and a mobile app with coin offerings far exceeding our competitors. More importantly, we realize that the issues faced by today’s cryptocurrency community will not be the same as tomorrow’s, so we have built a unique voting system that can adjust to this constantly changing landscape in a highly efficient and fair manner.

3.Public Awareness — We want to help the world understand Bitcoin, Ethereum, and other altcoins. By putting the future of cryptocurrency in our users’ hands and pairing with global crypto tech leaders we will give the world an opportunity to not only witness, but play a part in the establishment of the currencies of the future.

Objectives

As the demand for Bitcoin, Ethereum, and altcoins skyrocket to an all-time high, the majority of exchanges have made little to no improvements. Forced to trade on dated engines with poor security and slow customer support systems, the users of these exchanges have come to recognize a need for improvement. We are prepared to provide the solution. Everything from our engine to our interface will set new standards in what is already an out-of-touch market.

We will be opening with over 40 cryptocurrency pairs to trade on our platform, with margin trading available on day one. Our network and servers will be scalable and will have multiple failover engines in the event of an DDoS attack. Our voting system will guarantee that every user has a say in decisions we make as a company.

Our Goals

-Revolutionize the cryptocurrency exchange fee system.

-Establish a voting system that puts the future of cryptocurrency in the hands of users and bitcoin activists.

-Launch the cryptocurrency world’s best iOS and Android app alongside a web interface that will house both our trading platform and voting system.

Our Timeline

Launch beta by early Q1, 2018
Full launch by late Q1, 2018

Customer Relations

Bitmora is of the belief that there is no excuse for not having an around the clock, dedicated customer support team. We will be offering world class customer support to clients around the world and will provide multiple methods for reaching out.

The Ticket System — We guarantee a twelve hour or less ticket response time to all clients, no matter your tier. Our ticket support will be open 24/7 and will be accessible directly through our website and will always be hosted by us, not any third party.

The Phone System — Our phone support lines will open upon beta. Lines will be directed to our corporate call menu where you will be able to connect with the appropriate agent. All our support agents will be hired and trained by us, never outsourced to other agencies. Phone lines will be open during US business hours, with plans to offer 24/7 phone support in Q2 of 2018.

Our Webpage — We will offer a separate contact form or media inquiries and general, nonsupport/technical questions on our website.

Releases

Bitmora will operate on:

-Browsers (IE, Chrome, Firefox, Safari, Opera)

-iOS

-Android

Fee System

Fees on current exchanges are unacceptable. Bitmora recognizes the need to change this. Our fee system will allow the user to pick the fee they want, our first step to putting control back into our user’s hands.

Upon registration, users will be presented with two options: fixed rates or basic percentages. Users will be able to change this at any time by contacting our support team by ticket or phone. However, a seven day “cool down” will be utilized to prevent fee abuse.

Our rates

Fixed Price — $7 + 0.03% Takers / 0.01% Makers
Percentage Based — 0.24% Takers / 0.14% Makers

Trading API

We will support API connections to allow developers to build apps that can hookup and stream/send data from our exchange.

Order Types

To bring the best possible experience to our users we will offer the following order types:

Market
Limit
Stop Market
Stop Limit
Hidden
Reserve (Iceberg)
Trailing Stop
Trailing Limit
Margin Trading

Engine Architecture

Our exchange platform will be built on custom-embedded StreamDB database connected to a distributed ledger platform. It will be built from the ground up to allow error-checking and to target multiple volumes for redundancy. With our matching engines design, we will be able to handle over 1 million orders per second, making it one of the fastest on the market today.

We will use high performance Order Management Systems (OMS) to handle all orders, so we can easily scale them to the appropriate size. Our load balancers will control the flow of access to our gateway which handles everything from user interface and APIs to other user related activity. Order executions, stops-limits, and management will be run through our robust risk management system and will implement a wide range of limits and controls for orders.

High-Volume Capacity

With exchange volume reaching all-time highs, we recognize the need for our engine to be able to handle volume of any size along with all customer requests. By separating volume evenly into OMSs we will be able to maintain steady execution times even at peak volume points. For example, if we have 100,000 clients we will utilize 10 OMSs, with each OMS hosting 10,000 clients.

AML/KYC

Bitmora will stay in full compliance with FinCEC AML (Anti-Money Laundering)/KYC (Know Your Customer) regulations. By law we will be required to report any suspicious activity and collect certain customer information depending on account volume. While Bitmora fully understands the reason behind a Blockchain and anonymous network, we still must follow the laws of countries we service to. We will not ask more than required by law, and your information will not be shared with the public in any form whatsoever.

2FA —

Bitmora will offer multiple forms of 2FA listed below:

Google Authenticator
Authy
SMS
Email

Security and Compliance

Security is of utmost importance. We will be monitoring everything from our servers to cold storage 24/7/365, while utilizing routine audits to ensure nothing goes missing. All cold storage will be stored in offsite, undisclosed locations with round the clock security. There will be no automation software linking our cold wallets and hot wallets. We will utilize strict, classified guidelines that the company follows to withdraw the funds.

Built on Trust + Compassion

As an avid trader and investor, I was personally victimized by a lack of innovation and professionalism within the digital asset exchange world. Losing my life savings on an exchange without notice, while being unable to contact any real representative ingrained in me the need to change this sector for the better. Bitmora was founded to bring real trust and professionalism to digital asset exchanges. My ultimate goal to make people feel secure when they put their money in our exchange.

Biometic Security

We use multi-modal biometric security and access control systems, the latest innovation in controlled access. We utilize temperature verified fingerprint scans, iris scans, 3-D facial recognition, and voice recognition to access our facilities and cold storage housing.

Firewalls

All information sent to our servers goes first through a gateway secured by an advanced firewall. Everything from our gateways and OMS’s to our auditing system is secured behind state of the art firewall systems.

Legally Compliant

Registered as a C-Corp in the United States, we are licensed and compliant with FinCEN, AML, and KYC policies. Operating globally, we comply with legal requirements in all jurisdictions we allow customers to register and trade from.

Network Security and Auditing

We perform routine audits on our finances, databases, user accounts, and security systems to ensure all systems and authorized users are in check. Identifying system weaknesses as soon as possible is important and is acted upon immediately if found.

Roadmap

View our goals and see what the future holds :