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BIT FIX is the FIX for Bitcoin (BTC) and ADA, EOS, BCH, LTC, XLM, XRP.  These are 'Crypto Majors' - a FIX can be created for any token.  If you are interested in a FIX for your token, please subscribe to our zDATA product (you can pay with tokens, but they must be exchangeable on an exchange and the value should be 750usd/month to support the data driven service).

Total Cryptos posts yesterday's FIX on Crypto Majors @ www.totalcryptos.com/fix this is what it looks like:

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So why do I need a daily price for Bitcoin?  Where should we start.

The SEC declined the application for Winklevoss Bitcoin ETP based on the inability for them to protect against fraud and manipulation.  This is usually done with market surveillance but they also stated there is not a substantial regulated Bitcoin market to surveill (such as regulated Bitcoin CME futures).  We have presented BIT FIX as the solution to this problem here in this public comment letter, which explains what the BIT FIX is and how it can be useful not only for Bitcoin but for any coin.

BIT FIX DOCUMENT 1.3

Total Cryptos zData Pro

$750.00

This is a professional data service designed for institutions who need Crypto Currency data for their organization, trading platforms, benchmarking services (BIT FIX), and related data services.   TC Pro Data includes a TC - Permissioned API which will be supported and maintained by the Total Cryptos data team. 

BIT FIX is particularly useful for:

  • Taxes - knowing what was the FIX price on August 3rd, 2018
  • Cost Basis - when referencing official prices for building a cost basis
  • Publication - if you are a news agency, and publish prices of Bitcoin - what are your sources?
  • Benchmark - BIT FIX is the Bitcoin Benchmark.  Prices vary from exchange to exchange.  
  • Trade settlement - If your token is denominated in BTC, then a benchmark price is important to calculate your own token value both daily and historically.

Live customers of the zDATA product receive daily BIT FIX prices on Crypto majors and their own token if they want to add it, as well as historical BIT FIX data.  Data is accessible through http://portal.totalcryptos.com as well as via secure encrypted API to your application.  Data can be downloaded in XLS format.

Total Cryptos zData Pro

$750.00

This is a professional data service designed for institutions who need Crypto Currency data for their organization, trading platforms, benchmarking services (BIT FIX), and related data services.   TC Pro Data includes a TC - Permissioned API which will be supported and maintained by the Total Cryptos data team. 

For token owners and operators - if you want to list your Token as part of our benchmarking service, this will bring credibility to the price of your token.  We accept payment in your token, as long as the equivalent translated into USD is at least 750/month.  In addition to creating BIT FIX for your token, we will list it prominently as well as the exchanges where it can be traded.  

Source Info widget feature

Do you want to know the price sources?  On the BIT FIX page, hover the mouse over the price to see the sources, as in this image:  (Note that, only major sources are identified for security reasons.)

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COPYRIGHT NOTICE

BIT FIX IS THE COPYRIGHT WORK-PRODUCT OF BLOC10 LLC AS FILED WITH THE UNITED STATES COPYRIGHT OFFICE @ COPYRIGHT.GOV - BY VIEWING THIS WEB-PAGE YOU WAIVE YOUR RIGHTS TO ARBITRATION SHOULD YOU UNDULY MISUSE ANY CONTENT HEREIN INCLUDING BUT NOT LIMITED TO THE UNAUTHORIZED REPRODUCTION OR USE. VIOLATORS WILL BE PROSECUTED UNDER THE FULL EXTENT OF THE LAWS OF THE UNITED STATES OF AMERICA AND IF OUTSIDE THE UNITED STATES AT THE INTERNATIONAL COURT OF JUSTICE, THE HAGUE, NETHERLANDS, EUROPEAN UNION. NO ATTEMPT WHATSOEVER SHOULD BE MADE TO REPLICATE, COPY, REVERSE ENGINEER, MODIFY, OR OTHERWISE MAKE A CLONE OF MATERIAL PRESENTED ON TOTALCRYPTOS.COM/FIX OR ANY PAGE THAT IS LINKED FROM HERE, INCLUDING PRIVATE INFORMATION PROVIDED TO ZDATA CUSTOMERS @ PORTAL.TOTALCRYPTOS.COM

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