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New Croatian Bitcoin Trading Platform Enters the Market

The Bitcoin exchange and Bitcoin trading platform continues to grow. With incumbents like Mt.Gox, Tradehill, and TradeRush, is there room for another entrant? Croatian-based BitKonan thinks there is.

BitKonan is a new Bitcoin trading platform that allows speculators and Bitcoiners worldwide to trade Bitcoin for US dollars. CEO Sime Bakic encourages one and all, experienced and novice, to “Trade Bitcoins like a pro.”

Bakic entices traders with a low flat trading fee of just 0.29%. “Bitcoin speculation is going to be a very competitive industry and we are ready to compete,” said Bakic, from his headquarters in Split, Croatia.

Protecting Traders from Volatility

Bitcoin is a volatile currency. Traders at BitKonan can insulate themselves from declines in Bitcoin value with preset stop-loss orders. Traders can also preset stop limit orders to enter the market above or below the current market price in order to trade breakouts. Given the present reality of Bitcoin price movements, small or vast fortunes can be made or squandered in a Split second.

“Speculators need to be able to strike with the speed of a cobra on performance enhancing drugs” said the company. “BitKonan enables that with its lightning fast rapid order entry system.”

BitKonan is backed by the registered Croatian company RES REI J.D.O.O, Bakic has used venture capital to hire a team of programmers. These programmers have developed the trading platform in-house, including BitKonan’s API. Every aspect of BitKonan has been designed with the needs of day trader’s in mind; one of BitKonan’s co-owners has over a decade of experience trading on mainstream stock and commodity exchanges such as the CME. NYMEX and DAX. This experience has been turned to the task of delivering the best possible trading experience at BitKonan.

Details regarding BitKonan’s API can be found here. Answers to FAQs can be found here.

Bakic is very excited about the BitKonan Bitcoin trading platform and vows to “bring higher standards to Bitcoin trading.” As the Bitcoin boom continues unabated other trading platforms will certainly be established. But they will face stiff competition from the likes of Bakic; with BitKonan’s professionalism, security and ease of use setting it apart from the competition and making a real contribution to the liquidity of the global Bitcoin ecosystem.

To learn more about BitKonan, go to: http://BitKonan.com

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