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Bibox Token
As the name somewhat suggests, Bibox is a cryptocurrency exchange which uses a few different tools to succeed. More specifically, the company positions itself as an AI-enhanced encrypted digital asset exchange. That is quite a bold statement, even though artificial intelligence can make a big impact in this industry over the coming years. There’s also a convenient app for use with both iOS and Android for easier access to the exchange itself.
Bibox’s founding team is formed by top tier Chinese blockchain giants. The team includes early bitcoin enthusiasts, adopters of block chain, established series entrepreneurs, professional securities trader, Venture Capitalists (VC), high-tech Angel Investors, and one of the best AI experts in the industry.
HOW DOES IT ALL WORK?
Many people may not realize Bibox is a trading platform designed by Chinese blockchain giants including early Bitcoin investors, blockchain adopters, professional traders, and VCs. Even so, that doesn’t mean an AI-enhanced digital asset exchange will succeed automatically. With its focus on security, stability, professionalism, and efficiency, it is evident Bibox has high expectations to live up to.
For now, it is a bit unclear exactly how the company incorporates artificial intelligence. They have not made the inner workings of their platform public, and the core functionality seems very similar to that of existing centralized exchanges. They also allow for peer-to-peer trading in the same fashion as EtherDelta, by the look of things. The ultimate goal is to provide quantitative computation and analysis on trading, risk management, and so forth. Moreover, the trading markets offered by this exchange will further expand to include fiat currencies as well.
Moreover, the user interface of Bibox looks rather similar to that of Kucoin. While there’s nothing wrong with taking this approach, it does show there is still a lot of work to be done as far as this platform is concerned. After all, there isn’t much that indicates the use of artificial intelligence or other innovative technologies applied to cryptocurrency trading as of right now. Hopefully, that situation will change in the future.
HOW TO GAIN!
Bibox will take out 20% of net profit to share with BIX holders. The will take a snapshot of BIX balances in Bibox at 17:00 on every Friday. All the reward we will distribution to users’ account.