The beauty of the Geobitex exchange lies in its simple and very user-friendly format. The header of the site’s homepage displays real-time pricing of several of the world’s largest cryptocurrencies by market share, allowing the user to be informed of any critical changes in the market instantaneously. Our interface also supplies users with relevant news of the market – up-to-date news, also displayed in real-time, will keep investors informed on the latest happenings in the market, in addition to any announcements concerning the exchange itself.

Furthermore, users can say goodbye to unreliable customer service and uncertain wait times. Geobitex is  available 24/7 to process requests, the traders availability is shown by a counter stating the number of traders online at any given moment, giving the user an idea of service request timing. Furthermore, in addition to market orders, Geobitex members can trade using a variety of order types including stop orders, limit orders, and stop-limits, which is a feature that some popular exchanges like Coinbase do not support. More importantly, users also need not worry about hidden fees, as all fees associated with each trading type are completely transparent and listed in a convenient table on the site.

It’s also worth noting that one of the most valuable functions of the Geobitex platform is the cancellation policy associated with orders. There is the option to cancel any order at any time before the order is fully executed. This availability is not an industry-wide standard and distinguishes Geobitex from its competitors.

Simplicity and transparency should never be too much to ask when it comes to trusting an exchange with your own money, but it unfortunately often is. Geobitex’s use of navigation, concise content, and simple functionality has created a cryptocurrency exchange that is user-friendly, while also being extremely efficient. Users can flawlessly make the trades of their choice on a reliable online exchange.

Cross-platform trading connects Geobitex to the leading world crypto exchanges order-books and that ensures high liquidity, best prices and low commission fees for its users.

Using  USTD as a main  trading tool,  users can execute instant trading  on international markets with no transaction size limitations, along with 24/7 trading.

This essentially promotes a highly liquid trade environment with quick transaction speeds and low transaction fees and helps position Geobitex as a more competitive cryptocurrency exchange.

The rise in blockchain technologies and cryptocurrency has given the everyday investor an alternative to traditional investment strategies. Despite the diversification benefits that are associated with this asset class, hackers have occasionally been able to exploit security flaws that exist within a number of today’s cryptocurrency exchanges. After a few high-profile thefts of millions of dollars’ worth of cryptocurrencies, it is apparent that adequate security measures are of paramount significance within this relatively fledgling investment vehicle.

Luckily, Geobitex is confident that it has these bases covered.

Two-factor authentications (2FA). Geobitex features a variety of security measures to shore up the site against security risks posed by less secure online exchanges. The first is known as two-factor authentications, which has been in use for some time now in traditional online banking applications. Back in the day, a simple username and password entry was the sole form of authentication. The second factor that has since been added can come in a variety of forms such as a text message with a code, a special pin number, or personal questions that have been pre-selected. Adding this simple, yet effective, second layer of authentication eliminates a whole sub-set of hackers who have neither the capability or sophistication to decrypt.

AES Encryption Prevention.

 Another measure that Geobitex has taken to protect the security of its users is encryption. Through utilizing the Advanced Encryption Standard (AES), sensitive data is put into a code that cannot be deciphered without a unique key within an algorithm. This method of masking confidential information is used throughout governments across the world. AES has proven to be one of the most successful forms of data security to date.

Anti-CSRF Tokens (CSFR). One other security method used on the Geobitex platform worth mentioning is the use of Anti-CSRF Tokens. In simplest terms, Cross Site Request Forgery (CSRF) exploits and manipulates the “trust” between a server and a browser to gain access to the data in an application. To counter this, Anti-CSRF tokens are values generated at random that are tied to forms that hold valuable information. By having consistently changing values for each form request, users will enjoy greater protection when interacting with this exchange.

Geobitex has gone to great lengths to ensure the security of its valued customers and actively strives to improve existing security measures wherever possible.

Geobitex allows investors to trade with fiat currency – USD and Crypto Currencies - USDT, BTC, BTCH, ETH, LTC, and XRP – these altcoins  are currently some of the largest currencies by market capitalization  available right now. The variety of tradable currencies is also expected to increase over time. 

On Geobitex, USDT is used as the main trading currency and will be provided with no transaction size limitations, along with 24/7 trading.  . Currency pairs that are supported by USDT are currently BTC, ETH, BTCH, LTC, and XRP.  USTD,  as a trading tool,  ensures that users will be able to access highly liquid markets at the best prices and fastest order execution speeds, all at the lowest fees.

USDT/USD is used as the main Crypto to fiat trading pair, and investors will have no limits on USDT/USD pairs trading – which is available 24/7.

Geobitex users will also have access to a variety of trade types, including stop loss orders, limit orders, and of course, instantaneous market orders.

Hot and Cold Wallets

The explosive growth in popularity of cryptocurrencies has unfortunately resulted in a rise in cyberattacks on its investors. As an investor or a would-be investor, it’s important to know the different ways in which you are able to store your cryptocurrencies, and the security implications of each method of storage.

In a nutshell, hot wallets store funds through online servers, and users are able to access these funds as long as they have access to an internet connection. Cold wallets, on the other hand, are hardware and unconnected to the internet, making them impossible for would-be-hackers to access.  For security purposes, cold wallets are clearly preferred by those who hold large quantities of coins, since they are obviously invulnerable to virtual theft. While it’s never a good idea to store large quantities of coins in one location (keeping all your eggs in one basket, if you will), for active investors, keeping a small balance in a hot wallet is still necessary for efficiency and convenience. 

On Geobitex, like on other international exchanges, users will use hot wallets, but the exchange itself will utilize both hot and cold wallets to maximize utility for users.  Geobitex keeps cold wallets to maintain a high level of security for its users while also keeping an adequate amount in hot wallets to supply the exchange with sufficient liquidity for its day-to-day operations.

Storing, sending and receiving coins on the Geobitex are free of charge, and only a nominal block-chain network fee is applicable.  And Geobitex’ low fees do not mean that it skimps on security. The exchange offers market-leading protection against DDoS attacks, full data encryption, and is fully compliant with PCI DSS standards.

The rise in blockchain technologies and cryptocurrency has given the everyday investor an alternative to traditional investment strategies. Despite the diversification benefits that are associated with this asset class, hackers have occasionally been able to exploit security flaws that exist within a number of today’s cryptocurrency exchanges. After a few high-profile thefts of millions of dollars’ worth of cryptocurrencies, it is apparent that adequate security measures are of paramount significance within this relatively fledgling investment vehicle.

Luckily, Geobitex is confident that it has these bases covered.

Two-factor authentications (2FA). Geobitex features a variety of security measures to shore up the site against security risks posed by less secure online exchanges. The first is known as two-factor authentications, which has been in use for some time now in traditional online banking applications. Back in the day, a simple username and password entry was the sole form of authentication. The second factor that has since been added can come in a variety of forms such as a text message with a code, a special pin number, or personal questions that have been pre-selected. Adding this simple, yet effective, second layer of authentication eliminates a whole sub-set of hackers who have neither the capability or sophistication to decrypt.

AES Encryption Prevention.

 Another measure that Geobitex has taken to protect the security of its users is encryption. Through utilizing the Advanced Encryption Standard (AES), sensitive data is put into a code that cannot be deciphered without a unique key within an algorithm. This method of masking confidential information is used throughout governments across the world. AES has proven to be one of the most successful forms of data security to date.

Anti-CSRF Tokens (CSFR). One other security method used on the Geobitex platform worth mentioning is the use of Anti-CSRF Tokens. In simplest terms, Cross Site Request Forgery (CSRF) exploits and manipulates the “trust” between a server and a browser to gain access to the data in an application. To counter this, Anti-CSRF tokens are values generated at random that are tied to forms that hold valuable information. By having consistently changing values for each form request, users will enjoy greater protection when interacting with this exchange.

Geobitex has gone to great lengths to ensure the security of its valued customers and actively strives to improve existing security measures wherever possible.

Cross-platform trading connects Geobitex to the leading world crypto exchanges order-books and that ensures high liquidity, best prices and low commission fees for its users.

Using  USTD as a main  trading tool,  users can execute instant trading  on international markets with no transaction size limitations, along with 24/7 trading.

This essentially promotes a highly liquid trade environment with quick transaction speeds and low transaction fees and helps position Geobitex as a more competitive cryptocurrency exchange.