Hello Readers!!
Today, I want to introduce you to a new digital asset exchange platform that is set to disrupt the crypto space by providing an efficient, secure and transparent exchange for traders and users of the platform.
Ever since the introduction of the world’s first cryptocurrency which is Bitcoin, the world of blockchain technology has undergone many development phases which has brought about massive awareness about the solutions that blockchain technology offers. Further development which brought about the existence of Ethereum, NEO, EOS, Dfinity etc brings so much improvement in terms of online transactions. Currently, the market capitalization for digital assets is put around $206 trillion dollars with over 1900 cryptocurrencies being traded on different crypto currency exchanges.
One major aspect of cryptocurrency which many people are exploring is cryptocurrency trading or digital asset exchange. Digital asset exchange involves the exchange of one digital asset in terms of another. Just as we have in forex trading where people trade one currency in terms of another, it is also possible for anybody to buy or sell digital assets on different digital asset exchange platforms. You can exchange bitcoin or ethereum for any other digital asset like neo, eos, litecoin etc.
Digital asset exchange of cryptocurrency trading is one way of getting involved in the world of cryptocurrencies without having to mine it. Cryptocurrency trading continues to grow at a very rapid rate and the current cryptocurrency market capitalization is put at $205,174,208,433. This massive increase has drawn attention to crypto trading but cryptocurrency exchange market still faces many problems such as lack of security of assets, counterfeiting of transaction data, exorbitant listing prices, overall low efficiency and many more all of which have made investors incurred losses in one way or the other. Delving into the world of cryptocurrency trading is extremely intimidating and naturally complex.
Therefore, there is the need to have an efficient digital asset trading platform that is secure, transparent, efficient and convenient for people to use. A platform where both experienced and novice traders can come and use without any problem.
In the course of my research, I came about a novel digital exchange platform that is set to achieve all of the above and many more.
Introducing HiBTC - A World-Class Digital Asset Exchange Platform
HiBTC is a novel digital asset trading platform that aims to provide an efficient, secure and convenient digital asset trading platform with superb easy to use user interface to help every user of the platform whether the person is a novice or an experienced trader. The founding members of the HiBTC platform wants to create a crypto asset trading platform that will ensure that everybody embrace blockchain technology, hence the name, HiBTC. HiBTC is also a shared digital exchange platform which means that the revenues generated on the platform are shared by all the users of the platform. HiBTC is fortified with world-class security protocols which ensure safety of investors’ funds and protection of private data. HiBTC is also a digital asset trading platform that is completely transparent and fair to all users and traders on the platform because HiBTC is built on community model which ensures that each member of the platform can have equal voting rights on major decisions based on the number of HiBTC Token (HIBT) held.
Features of The HiBTC Digital Asset Exchange Platform.
The HiBTC platform aims to usher in an efficient digital asset exchange platform. The platform has been built up with some amazing features that makes it a go-to cryptocurrency trading platform. These features are explained below:
- Transaction mining
- Revenue sharing
- Safety
- Efficiency
- Transparency
Transaction Mining
HiBTC introduces a novel transaction mining reward feature on its platform. This transaction mining reward is called the “transaction + token holding” mining model. Under this model, it is expected that 50% of the total HiBTC Token (HIBT) will be rewarded back to users of the HiBTC platform through transaction processing fee mining. Let me show you how all this will be achieved:
- Each time any user perform a transaction on the HiBTC platform, a transaction processing fee is generated
- HiBTC then rewards the user with a percentage of HIBT tokens based on the amount of HIBT held by the user, the market price of the processing fee and the market price of HIBT. This reward is paid once every hour.
This is an amazing opportunity created by the HiBTC platform to reward every user that perfors any transaction on the platform. This is because, for any transaction you carry out on the platform, HiBTC rewards you with a percentage of HIBT.
Revenue Sharing
An interesting feature that HiBTC has introduced is the revenue sharing feature. With this, HiBTC shares the revenues generated on the platform among all HIBT holders. This means that so far as you’re holding some HIBT tokens, you’re expected to get a share of the revenues generated on the HiBTC platform on a daily basis. Also in order to encourage users to hold their HIBT for longer periods on the HiBTC platform, a “Dividend Bonus Programme” has been initiated. This rewards users for holding their HIBT tokens on the platform for a particular period of time. The longer the lock up period, the more dividends earned.
Safety
The most important feature that users look out for in an exchange platform is the safety of their funds. We’ve had cases of some unscrupulous exchange platform carting away traders’ funds. That is why safety is the watchword of the HiBTC platform. HiBTC is in partnership with top security companies who have successfully implemented multi-layer firewalls in order to provide maximum security of user’s funds on the platform. HiBTC platform also come with multi-signature wallet making sure that user’s funds are maximally protected.
Efficiency
One major problem of the current digital asset exchanges is lack of efficiency. In a world where millions of transactions are executed every second, there’s a need for an exchange that can handle such huge amount of transactions by users. HiBTC comes with an advanced memory coupling algorithm which boasts of 2 million transactions per second on the platform which is way more than what the current exchanges offer. The platform also comes with an easy to use interface that supports professional trading techniques.
Transparency
It’s almost impossible to trace and verify the activities of the current digital asset exchanges. Transaction data and other forms of data on the platform and their activities are shrouded in mysteries. The HiBTC team understands that to fully gain user’s trust, then all the activities on the platform must be transparent and easily verifiable by users of the platform. That is why HiBTC ensures that transaction data, income data, mining data, voting data and all forms of data on the platform are open to everyone. These data can be verified by any user of the platform which ensures that activities on this platform are transparent and orderly.
FomoHIBT Contest
The HiBTC platform is holding what they have termed “FomoHIBT” contest at the moment. This is a contest in which they aim to rewards users of the platform based on the amount of trades that they perform with a day. HiBTC has set aside a daily pool prize from which traders will be rewarded based on the amount of trades they execute.
Each day, they come up with a pre-determined price for one HIBT. They do this with the hope that the price will be triggered during the course of trading in a day. If the price gets triggered within the day, then all traders on that day will share the daily pool that has been set aside. There is a positive contribution ranking competition to determine the top traders in a day and so the top 3 traders will be rewarded with 50%, 20% and 10% each while the rest of the traders will share the remaining 20%.
This is really exciting as the pool size keeps increasing daily giving people the chance to win some amazing prizes the FomoHIBT. You might want to get on the HiBTC platform and start trading you way to wonderful prizes at the end of each day.
In conclusion, HiBTC provides an outstanding digital asset exchange platform with lots of amazing features for smooth, seamless exchange of digital assets. The platform is built with foolproof security ensuring maximum safety of user’s assets while providing pretty low transaction fee and revenue sharing opportunities of holders of HIBT tokens on the platform.
HiBTC Token (HIBT)
HIBT is the official token of the HiBTC platform which will be used to carry out transactions on the platform. The token also serve as certificate of interest in the HiBTC platform and will be issued to everybody that shows interest in the platform. The HiBTC token (HIBT) has a total supply of 10 billion which is capped with no possibility of increasing in the future.
Rights of HIBT Holders
- HiBTC is a community based platform which rewards supportive community members based on the number of tokens held on the platform. By holding the HIBT token, you’re entitled to some rewards and also have some rights on the platform which are explained below:
- All the revenues generated on the HiBTC platform will be distributed to HIBT holders daily based on the participating bonus rules.
- Holders of HIBT tokens have equal voting rights to participate in the decision making processes of significant issues on the HiBTC platform.
- HIBT holders also have rights of election and supervision as members of the HiBTC community committee are elected by HIBT token holders and this committee reports their activities to token holders.
- Holders of HIBT up to a certain amount can also recommend a token to be listed on the HiBTC platform.
HiBTC Token (HIBT) Information:
Token Name: HiBTC Token
Ticker: HIBT
Total Supply: 10 billion HIBT token
HiBTC Token (HIBT) Allocation:
• Mining Reward - 50%
• Holder Shared Fund - 18%
• Founding Team and Strategic Partners - 25%
• Cornerstone Investors – 5%
• Market Promotion – 2%
Roadmap
For more information about HiBTC, please visit the following useful links:
Website: https://www.hibtc.com
Whitepaper: https://www.hibtc.com/om/about/en-us/whitepaper.pdf
Telegram: https://t.me/www_HiBTC_com1
Author’s Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2077261