Bitstocks Gravity Review – April 2021

Gravity by Bitstocks from Michael Hudson is one of the leading Bitcoin SV exchanges used as a on and off ramp in the UK and Europe, they are regulated by the FCA and offer trading markets across BSV, BTC, GBP and EUR. Users can connect their bank account to their Gravity account, this enables incredibly fast withdrawals of FIAT from the platform to your bank account (within hours). Gravity Bitstocks have recently undergone a very successful crowdfund that raised over $1 million, double the $500,000 target! This will enable the platform to continue to build and follow their impressive roadmap at a rapid pace. The platform is currently only available through web browsers but it is optimised for mobile use until a mobile application is developed.

Once you create your account, you are able to submit your KYC docs that will be verified very quickly. Linking a bank account to your Gravity account is quick and simple, just make a deposit via bank transfer to the account details provided on Gravity. Immediately a notification will appear on Gravity telling you you have a pending deposit in you account, once this is approved your bank account will be verified.

Gravity has a track record of more than 5+ years with no security breaches, the platform been built from the start with security in mind.  Assets deposited to the platform are kept offline in cold storage and all accounts on the platform require 2FA to login or withdraw, giving you peace of mind and an extra layer of security.

Gravity has a referral system called “Introducers”, this enables you to earn 20% from the transaction fees that the user pays when making a trade. There’s no impact to the referred user as the % is taken from Gravity’s fee. There is a dashboard to keep track of your earnings, referrals, the number of clicks your link has had and the conversion rate of your link.

I do have one issue with this referral system, the link is quite long and automatically generated (see below) so it is not the easiest to remember to pass on to people if you are not at your Gravity account. As a result, I have sent a couple of people to Gravity without using the referral link as i was not at a computer and could not able to remember it. But if you can share it with people, i would really recommend it as you can earn some Bitcoin going forward without effecting the user being referred.

If you would like to join Gravity please consider using my referral link  – https://gravity.bitstocks.com/register?referrer=PAYx9M

In summary I think Gravity is a vital part of the Bitcoin SV ecosystem across Europe, it is the fastest most efficient way of buying and selling Bitcoin SV to FIAT and into your bank account. I do not often cash out Bitcoin SV but if i wanted to cash out into FIAT today, it could be done through Gravity and into my bank account in a matter of hours.