Dear Txbit users,
First of all, we would like to thank everyone who has tried txbit out and have shared their experiences of the exchange either privately with us, or publicly on various social media mediums. We are feeling ecstatic reading all your comments and are extremely proud to know that we are going in the right direction with txbit.
We are glad to report that txbit has been growing steadily since our launch 11 days ago, with the user base as well as volume across all listed coins and tokens gradually increasing day to day. We knew that launching in this “crypto winter” will mean somewhat of a slow start, but we are glad that this is giving us great opportunity to see the system running in a real environment and under real load. This gives us ample time to improve on various components, listen and implement user feedback and various requested features.
We would also like to address the community members who perhaps feel that we are not doing enough marketing or promotion to gain more volume, or constantly suggesting to list coins that are already traded on big exchanges with actual liquidity. First of all, one of the biggest obstacles we face right now with our visibility, is the simple fact that txbit is not on CoinMarketCap, CoinGecko, Blockfolio or any other price tracking or indexing website. Most of these have a requirement that an exchange must be operational for at least 60 days before the list it. To others we have sent applications already, but when txbit will be integrated is completely out of our control. We are actively working and communicating with these services to get txbit listed as soon as possible.
We are also actively seeking and working with projects on getting them listed on txbit, but currently we take priority over projects that are not on any mid to large size exchanges. Bigger projects will also be listed in due time as it is our goal to have many assets available on txbit as possible.
Going forward we will provide a bi-weekly Txbit Development Update to keep everyone informed on what has been done and what is planned next. Without further adieu, here is the first development update since the txbit has launched.
Txbit Development Update 01Our team has been extremely busy since launch, releasing updates to txbit on nearly a daily basis with small improvements and user requested features and functionality. Here is a non-exhaustive list of the items completed since launch.
CompletedHome Screen- Markets section made sortable by all columns and set descending Volume as the default sorting option
- Improved the Markets section on mobile resolutions to ensure no prices or volume figures are truncated
- Price Trend graphs now show the last 7 days of price movement instead of 30 days. The graphs are cached to reduce server load and improve loading time
Dashboard - Minor fixes to the responsive layout to ensure everything looks correct on mobile resolutions
Trade Interface- Added a new notification message when an order does not meet a minimum threshold to be put in place
- Fixed an issue with the Orderbook not loading some entries correctly and causing the scroll bar to glitch out
Wallets Page- Implementing a way to go straight to Market/Trade for a selected coin from the Wallets page
- Fixed a rarely occurring issue with Deposits not registering and crediting to the account
- We are also extremely happy to report that we have received absolutely no support tickets in the last 7 days regarding missed deposits and withdrawals not working since implementing a wallet assurance service.
System Wide- Improved how some connections are used and re-used, greatly reducing server load and request time
- Investigated and fixed a reported issue of rare orders being put in queue before being eventually being processed approximately 10 seconds later
- Excluded “Incompatible Browsers” page from indexing in search engines
- Added meta tags for description
In Progress- Community Coin Vote — We are putting some final touches on the functionality and will be releasing it this week
- Change how “Total balance” is calculated and shown to the user to include the In Orders. We will also expand on these figures in the Dashboard
- Implement text only email alternatives for email clients that do not support HTML rendering.
- Exchange statistics
- Create a “Fees” page with all the listed coins/tokens
- More listings and features that we will talk about in our next update!