Introduction
Cryptocurrency is not only a sole application of blockchain technology but also a basis for tremendous influence on the international finance. There are some issues that impedes the growth of cryptocurrencies like security vulnerabilities, higher exchange listing costs, fake transactional data, dishonest deals and low efficiency. These issues has caused great lost for investors and conjointly hindered the would have been development and growth of the cryptocurrency marketplace globally.
Moreover, Blockchain technology is trying hard to solving these issue because it now offers a singular disruptive customary model of digital asset that will for once accommodate and solve all investor’s challenges and needs. Blockchain was able to come through the solution because of HiBTC application.
Introducing HiBTC
The HiBTC is extremely secured exchange system that has operation in conjunction with loads of alternative ,distinctive , multi-structured firewalls and security corporations to totally strengthen the safety of each of its user investments on the platform.
HiBTC make use of a high-level industrial mining trading design that has the means to distribute fifty HIBT codes to all users among its commercial token model. Many people are still much conversant in the abounding ideas and opportunities of electronic asset. HiBTC to some, is now seen as a project that warrant the yielding of long-run dividends, while it’s conjointly seen by others as a viable tool used in making money deals. Additionally, HiBTC will be beneficial for beginners and skilled investors.
Features of HiBTC
*Effective commerce: The HiBTC has a vital issue for trading, giving more sensible opportunities to each of its dealer to aptly use it in addressing their different trading means, HiBTC will punctually distribute its revenues expeditiously to all or any of its HIBT value holders.
*Mining: HiBTC project possesed the flexibility to use its ‘’token + group action’’ mining model (proof of fairness + proof of validity) additionally to a couple of whole 0.5 (50%) of all the issued HIBT are given out as a present to users via process transaction payment processes.
*Profit bonus program: The HiBTC has an avenue for giving profit or dividend bonus program wherever its users will voluntarily participate within the program. Users will acquire additional profits and additional bonuses.
*Public tag card: The constancy of the HIBT increase or decrease with the amount of pleasure of users collaborating in any group action in the HiBTC platform; so as to be assured that there are stability and dependability within the project.This enables the propositions to form public shared tag card which will be created and can publicly accessible by users when they make use of the HiBTC platform.
*Active participation: All stakeholders are entitled to the benefits that comes from the collaboration within the HiBTC project.
*Low transaction: The arrival of the HiBTC project ushered the world’s foremost punctually 1+1 currency exchange, thereby bridging gap between channel for holders of HIBT, it enjoys a small amount of action fee regarding 0.1% of commission, removed when the group action.
How HiBTC can facilitate the trade industry
*Guarantees users and investors security:HiBTC is giving their prime priority for the protection of the user's digital assets. They collaborate with prime security, examining the platform codes and putting in place multi-layer firewalls before the platform is place into use.
*Economy opportunity: HiBTC will supply more framework for users that uses a complicated memory coupling rule to handle a pair of million transactions per second.
*Risk dominant possibility: HiBTC will give members risk coverage tool that supported the digital currency. They'll introduce the monetary derivatives with digital currency.But not restricted to forward contract, possibility contract, future contract and token finance, providing the skilled investors with wealthy and effective risk hedging instruments.
*Transaction Mining:They are introducing “transaction + token holding” mining model that provides a group action mining reward for users relying supported the HIBT control by the user and also the value of the process fee paid by the user and also the HIBT value.
*Revenue Sharing: Revenues obtained from the platform are distributed to HIBT token holders. The distribution can happen a day as the foundations of the bonus. so as to encourage cash holding users for a protracted time, HiBTC will introduce a
“Dividend Bonus Program” that giving dividend bonus for Holders.
TOKEN:
HIBT token is non-public currency issued by HiBTC. Specifically, it'll be issued under the principle of “trading as mining”, invitation of friends till it reaches ten billion tokens. This will divide the earnings to HIBT token holders. At the same time, the holder even have the right to participate in management areas, together with listing new tokens, group action fees.
Distribution Formula
50% - Refund of group action fee
18% - Holders of tokens: get Hibtc and hold.
25%- Commencement team and strategic partner
5% - Capitalist platform
2% - Market enlargement presently.
HiBTC FomoMining Contest
The HiBTC project is currently on a FomoHIBT contest which primary objective is to reward participants who record the very best in trade performance on the ecosystem within a certain period of time. HiBTC has put aside a series of benefit which scale inline with the overall financial gain of the HiBTC ecosystem. Daily, HiBTC pegs 100% of its daily gains of the “Holder Shared Fund Account” into the reward pool and sets a worth for HIBT in every of the competition which cannot be amended through the periodof the competition.
Immediately, the pre-set prize is triggered by any trader through the trading period, the HIBTs trade contributors throughout the period will be incentivize with the set of prize put aside for the prize pool for the day.
Even once the pre-set worth has been triggered, the HIBTs positive contribution ranking competition continues till 23:59:59 (UTC Time) on the trigger day. The additional bonuses can then be distributed immediately and therefore the top three contributors gets 50%, 20% and 10% accordonglly, whereas the remaining 20% are shared among the remaining contributors.
And here is the link to the HiBTC Fomomining Contest!
https://www.hibtc.com/#/act/fomohibt
Visit here for more information:
Official website: https://www.hibtc.com
Whitepaper: https://www.hibtc.com/om/about/en-us/whitepaper.pdf
Telegram: https://t.me/www_HiBTC_com1
Twitter: https://twitter.com/HiBTC_Exchange
Authors Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2197390