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Home » Blog » CryptoBridge Cryptocurrency Exchange Review : Gateway to Decentralized Trading
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CryptoBridge Cryptocurrency Exchange Review : Gateway to Decentralized Trading

Cws Team
Last updated: 20/02/2025 5:29 PM
Cws Team
7 years ago
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Disclosure: We are not a registered broker-dealer or an investment advisor. The services and information we offer are for sophisticated investors, and do not constitute personal investment advice, which of necessity must be tailored to your particular means and needs. !
CryptoBridge
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About CryptoBridge 

CryptoBridge is a decentralised cryptocurrency exchange that runs on top of the BitShares platform. This crypto-to-crypto exchange allows users to buy and sell hundreds of popular coins and tokens, plus benefit from the peace of mind of using a decentralised platform that leaves the control of private keys in your hands at all times.

Contents
  • About CryptoBridge 
    • Operating company
    • CryptoBridge Account Registration Method
    • Fees are required for the operations below:
    • Benefits of joining community
      • Secure accounts
      • Decentralized trading
      • Altcoins & Tokens
      • High Performance
    • Personalized asset listing
    • Safe to use CryptoBridge
    • Conclusion

Launched in July 2017, CryptoBridge is a decentralised cryptocurrency exchange that allows you to trade bitcoin and more than 150 other altcoins. The platform runs on top of the BitShares network, which can process up to 100,000 transactions per second and allows users to always retain control of the private keys to their funds.

Rather than relying on one BitShares gateway, CryptoBridge uses a federated distributed network of gateways which operates worldwide to remove the risk of any single point of failure.

The development of CryptoBridge is closely linked to CryptoBridge , a scrypt mineable coin that was created in July 2017 to fund the development of CryptoBridge. BridgeCoin holders can “stake” their coins to receive 50% of all CryptoBridge profits.

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Operating company

Exchange name CryptoBridge
Support 24/7
Number of currencies handled Over 224 types
Futures trading Present
Maker (0.2%)
Place Order (~0.00009 BTS)
Official site https://crypto-bridge.org/

CryptoBridge Account Registration Method

  • First, click “Sign Up” in the upper right corner from the CryptoBridge top page
  • Then set up your email address and password.
  • After setting the mail address and password, click “Get code”
  • Since an e-mail code is sent to the registered e-mail address.
  • If you click “Get code”, there is a time limit of 60 seconds, so let’s input within 60 seconds.
  • Finally, check the agreement of the terms of service and check “Sign Up” and register your account with CryptoBridge .

Fees are required for the operations below:

  1. Staking fee (variable)
    This fee is charged to create a a stake (also know as vesting_balance_create) on the blockchain. The value of the fee charged is determined by the BTS Committee. The current fee is approximately 61 BTS. As BCO price increases relatively to BTS, we are able reduce the number of BCO required to be converted to pay the staking fee to create a staking position on the blockchain.
  2. Trading fee (0.2%)
    This fee is charged when each trade is completed on the blockchain.
  3. Gateway withdrawal fee
    This is a fee that is charged to withdraw from the CryptoBridge gateway and to ensure that it is deposited on the destination blockchain. For example, the fee to withdraw BTC might vary or be adjusted to ensure that the transaction is confirmed when sent and not stuck in an unconfirmed state.
  4. Cancel Order/Place Order (~0.00009 BTS)

Benefits of joining community

CryptoBridge is a gateway to the BitShares digital asset exchange and supports trading of an ever-growing variety of popular tokens and altcoins. We offer some unique features to customers.

Secure accounts

You are the only one that has access to your BitShares private keys. Future innovations will eliminate the centralization of capital deposits once multi-signature Federated Gateways are deployed.

Decentralized trading

Built on the Bitshares (BTS) platform, the orderbooks and trades are decentralized and transparent. Trading is available 24/7 and can be monitored through BTS explorer.

Altcoins & Tokens

They provide access to established cryptocurrencies while also allowing you to discover and trade up-and-coming tokens and altcoins in a variety of different trading pairs.

High Performance

The blockchain behind CryptoBridge, Graphene, can process up to one hundred thousand transactions per second and has an average confirmation time of just 3 seconds.

Personalized asset listing

Do you have your own coin or token and would like to have additional markets which can raise the value of your project? At CryptoBridge we offer a variety of listing packages that suits your needs. Now with special pricing as we discounted our listing prices for the period of 4 weeks, beginning July 15th, 2019. Check our packages below

Safe to use CryptoBridge

Decentralised exchanges are widely regarded to offer a key security advantage over conventional centralised exchanges because they don’t offer a central point of failure. This helps decentralised exchanges overcome risks like hacking, regulatory restrictions and hardware failures.

With CryptoBridge, all deposits, withdrawals and order books are transparently stored on the blockchain. When you sign up for an account, CryptoBridge generates a 45-character password consisting of numbers and upper- and lower-case letters. All users of the exchange retain control of their private keys and CryptoBridge never has access to your funds.

Conclusion

CryptoBridge is a decentralized exchange, build on the BitShares protocol. It offers fees in-line with the industry and a lot of alternative coins. While at this point in time the trading volumes may be an issue for bigger traders, this should change if the project develops according to plan. Sadly, at the time of writing some negative user comments suggest this may not be the case.

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One of Coinworldstory's longest-tenured contributors, and now one of our editors, Verna has authored over 2600+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies. Verna Is team Members of 9 People
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