The platform was created by a small team of traders who came together at the beginning of 2018, following the price of Bitcoin plummeting.
A lot of industry professionals were getting disheartened at what had happened, but not the Bit Trader team. They saw it as a sign of just how powerful Bitcoin was and what it could do if given the right support.
The team wanted to contribute to that support in any way they could, but they didn’t know how. They considered creating online classes teaching about Bitcoin, offering their services as trading consultants, and at one point, even discussed creating their own currency.
Eventually, the team landed on the idea of developing a Bitcoin trading platform, and the work began from there.