Post
Topic
Board Gambling
Re: BITRUN - PREDICT THE PRICE OF BITCOIN AND WIN BITCOIN
by
Bitrunapp
on 18/11/2020, 17:24:16 UTC
Hey guys,

thanks for all the responses. Love the energy and the community.
Having some trouble posting, which is why I havent been able to answer your questions yet. Gonna do a sum first, then try to answer more specific questions aswell.

KYC & Blocked countries - There is currently no KYC proccess in place on our platform. It is however an option for the future if it is required from us in the process of getting a licence in certain countries.
The blocked countries list directly corelates to this - since we do not have a KYC and a licence, we cannot operate in countries which require KYC / licence  - hence the restricted countries list. As we are currently in demo, you can access our service from everywhere and the restriction is not yet enforced.

Licence - we do not have a licence at the moment, which is why we only plan to operate in countries that do not require us to aquire one. Once we get the licences, we plan to remove excluded countries from the list

Are you going to add other pairs like ETH/USD to this as the website grows or it's going to be only Bitcoin? - if the initial idea of BTC/USD kicks off, we intend to add new pairs and different time limits aswell.

Minimum bet - The minimum bet is 0.001 BTC, however we plan to add the option for both lower and higher bets in the near future.

Calculation of BTC/USD price - as you point out, it is based on Coinbase, Bitstamp and Kraken.

Lack of information - as some of you pointed out, there is a lack of information on the front  screen, and if you do not watch the tutorial on your first visit, it is a problem. We have taken your input into account and are already making changes. The first screen will not point out the following information: No KYC (as it is not implemented at this point), minimum bet, Calculation of BC/USD price.

Changes should be live in a day or two and I will make sure to post them here to keep you updated.

Thanks again for all the feedback!