Sibex.io software assists in the creation, deployment, and validation of complex transactions on Bitcoin and Ethereum networks, which are then used to form smart contracts between users. Smart contracts are not enforced through a traditional legal system, with lawyers and judges. Instead, smart contracts are enforced through the security of the Bitcoin and Ethereum networks.
Beyond helping you create smart contracts, the SIBEX peer-to-peer network helps you discover other people who may be interested in trading cryptoassets with you, and you don’t need to know these people nor trust trust them. SIBEX software helps you propose and enter into business agreements with them directly, without the involvement, permission, or knowledge of any third party. Every offer you broadcast into the SIBEX network, if accepted by a network peer, will result in a series of on-chain transactions. Settlement of every trade happens in real-time, on-chain.
How To Start With Cryptowolf.eu
To start trading with Cryptowolf.eu Indian residents first have to sign up for an account by following the steps below.
Step 1. Click on the “Login/Signup” link on the top right hand corner of the Cryptowolf.eu website.
Step 2. In the form, fill in your first name, last name, mobile number, email ID and password.
Step 3. If you have a referral code, enter the code while creating your account.
Step 4. Submit the form and wait for an activation email to be sent to you.
Step 5. Click on the “confirm email” link in the activation email.
Step 6. After your account is activated, you’ll be sent a 6 digit one time password (OTP), which you have to enter after logging into your Cryptowolf.eu account.
Lower Transactions Fee
By using SIBEX, users can get rid of additional costs from third parties. As such, SIBEX transactions will only attract miner fees, given that the transactions happen on-chain and in real-time. Using the SIBEX software will, however, attract additional charges, usually estimated to be slightly higher than the Bitcoin dust threshold.
For security, automatic updates are not available for SIBEX. This means you will need to manually update your binaries when new versions are released. Keep the contact information you’ve provided to SIBEX AG up to date. They will periodically send you messages regarding the availability of new or updated binaries, release notes, network conditions, bug fixes, and other important information.
Sibex.io software helps you trade Bitcoin and Ethereum using hashed time-locked contracts (HTLCs). The software helps you discover peers, communicate with them, create special Bitcoin and Ethereum transactions, and validate incoming transactions. Your private keys are always, and only, in your control.
Powerful trading features
The SIBEX GUI helps you broadcast conditional offers to the SIBEX P2P network which are unique to P2P trading systems, such as “dark” offers. If you’re buying a large amount of Bitcoin and you don’t want to move the price, you can choose to not report the completed trade price to the network.
New trading opportunities
Is the Bitcoin price really being manipulated? The only way to find out is to create your own price in a P2P marketplace. Looking to use arbitrage or other trading strategies? Expect to find trading behavior in the SIBEX network to be very different from a centralized exchange, where a company controls what data is reported.
Low fees, realtime settlement
Because every trade is settled in realtime, on-chain, you’ll always pay miner fees in each SIBEX transaction. When you use SIBEX software, you’ll pay an additional fee (in Sats, Wei, or USDT), targeted to be 2 bips. Normally, in terms of Bitcoin, this is just above the dust threshold.
Custodial exchanges can disappear with your money overnight, report fake volumes and pricing, trade against you using your own data, or loan your deposit to margin traders without your knowledge or consent. With SIBEX you run your own server, so you are in complete control over your money and there is perfect load scalability in the system. Vires in Numeris.
1. Create a self-service account at https://portal.sibex.io
2. Follow our guide to launch your personal SIBEX server
3. Start trading at https://trade.sibex.io!
Prefer hard mode? After step 1, go to https://download.sibex.io to install the SIBEX client on your own hardware and connect to your own Bitcoin Core and Geth full nodes.
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