Not all projects keep to its promises during made during its early stages especially when the project has become a world leader in the cryptocurrency exchange industry like HiBTC. A couple of days back while I was surfing the markets on HiBTC I saw an announcement on FomoHIBT which is beneficial to the entire crypto community especially the community members of HiBTC. In accordance to the HiBTC vision to offer the entire cryptocurrency community and exchange that offers a high level of transparency, openness and also community focused exchange platform by rewarding its community through its revenue sharing mechanisms. HiBTC launches FomoHIBT to benefits it’s ever-supportive community members by rewarding them through a concept of Trading+Mining by holding coins they are entitled to rewards this FomoHIBT will be open in a way that all community members are entitled to this wonderful offer from HiBTC. To further understand the concept of FomoHIBT understanding the core values of HiBTC exchange platform is very important.
Introducing the HiBTC Exchange platform
The importance of cryptocurrency exchanges to the global crypto community is great. What is the essence of a currency if it is not tradable. Cryptocurrency exchanges are online platforms where you can exchange one cryptocurrency for another cryptocurrency or for fiat currency. Different exchanges have different modus operandi depending on the nature of the exchange, it is either like a stock exchange or a currency exchange at the airport, bank or local currency is exchanges such as bureau de change. HiBTC is an exchange offers the entire cryptocurrency community a trading solution that it has never experienced before through its platform that offers an exchange of digital asset in the safest, transparent and easy to use way. Traders on HiBTC will enjoy the highest level of safety of their trades, efficient transactions and also have to enjoy from the revenue model integrated into the HiBTC platform. By using HiBTC you get access to:
• The safest transacting platform available because HiBTC provide the highest level of security by collaborating with top security companies to offer HiBTC with high-level security measures and also HiBTC also uses multi-signature and cold wallet separation to put 90 percent of assets in cold storage to offer maximum security.
• Fear no more as the risk associated with single currency transactions are mitigated by providing professional investors with rich and effective risk hedging instruments by introducing financial derivatives with digital currencies as a target.
• The efficiency of transactions is guaranteed with a high-grade transactions framework integrated into the HiBTC platform. By using advanced memory coupling algorithm to handle 2 million transactions per second and also the securities-level API interface supports professional trading instructions such as high-frequency, GTT, GTC, FOK, and ICO, providing extensive technical support for professional investors.
All You Need To Know About FomoHIBT
FomoHIBT is a testament to the values of the HiBTC exchange to create a community-driven exchange and also it’s commitment to the benefits with IST ever supportive blockchain community members. Based on the concept of Fomo3D, FomoHIBT is focused on sharing the bonus pool to the community while also given them premium trading experience. By using the rules of Fomo3D each user will have an opportunity of enjoying from the bonus prize and also the price of bonus pool will keep increasing alongside the income of the exchanges and prizes in the pool will be distributed to HIBTs trading contributors daily (0;00 to 24:00 UTC) whenever the pool is triggered. It is important to note that HIBT positive contribution value= HIBT buying amount - HIBT sell amount - HIBT
Rules for FomoHIBT
It is important to know that the FomoHIBT process is automatic and tokens will be distributed into positive contributors accounts daily. To further understand how FomoHIBT aims to reward the HiBTC community the following the pool Prize, condition for distribution and method of distribution is important
• For the Pool price, HiBTC will put 100% of the daily dividend of the Holder Shared Fund into the bonus pool, every day before someone triggers the price.
• The Trigger price is fixed at the beginning of each round, it will not change during the current round. If the price of any HIBT transaction is greater than or equal to the trigger price at a certain time, the prize pool will be triggered.
• After the daily pool price is triggered, positive contribution ranking continues as it is necessary to determine the top three contributors who will enjoy 50%, 20%, 10% respectively while the remaining 20% will be distributed among other positive contributors of the day according to their respective contributions.
• The process is continuous as a new round starts after the end of old ones
• Rewards will be distributed into winners HiBTC wallet the next day.
• To offer transparency top10 contributor of each day will be displayed on a leaderboard in real-time.
To get more information about HiBTC and FomoHIBT visit the following links:
Website: http://www.hibtc.com/
Whitepaper: https://www.hibtc.com/om/about/en-us/whitepaper.pdf
Telegram: https://t.me/www_HIBTC_com1
Author: jamisky
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2151951
Email: Jamisky67@gmail.com