What is HiBTC?
First of all, you note to help yourself is HiBTC, not the HitBTC has been released so long offline. About HiBTC, this is a very new trading platform, and just launched around early August/2018. Like the recent general trend of the new floor, HiBTC also goes in the direction of trading as mining, and divides the profits for those who own the tokens of the floor. Some of the highlights are CoinEX, BTCC, IDCM, Bgogo, etc. Although it looks like Ponzi, this is a great way to attract users, and improve liquidity. Moreover, this model not only helps the floor but also benefits investors, if the floor has a large trading volume.
Except the equity attribute, the asset attribute of HIBT is also important. The stability of HIBT price has a direct effect on the users’ enthusiasm for participating in the transactions on the HiBTC platform. In order to guarantee a sustainable and robust development of HiBTC, we will make the “Holder Shared Fund Account” public to all users right after the platform is put into use. The HIBTs unlocked in the account will be 100% locked in the fund account until the mining is finished and won’t flow into the secondary market. The dividends these HIBTs enjoys will be first used to pay for the dividend bonus generated in the Dividend Bonus Program; and the rest will be used to buy back the HIBTs in the secondary market, which will be locked in the fund account, too. When the mining is finished, all assets in the Holder Shared Fund Account, including HIBTs and dividends, will completely belong to all the HIBT holders, and the specific disposal plan will be made public in time after the mining is finished.
Finally, HiBTC hopes to break the barriers to information asymmetry between shareholders and management, and between companies and users under the traditional “firm” model, and to build a co-governed and shared organizational structure so that each HIBT holder has the right to participate in making the platform business decisions. HiBTC introduces the world’s first exchange “1+1” currency listing dual-channel mode, which abandons the traditional fee-based currency listing mode and opens the HIBT holder recommendation channel.
- Revenue Sharing: This is one very unique and innovative feature of HiBTC, HiBTC has it’s very own native token called the HIBT Token, Users of the platform are rewarded just for holding this token, 50% of the HiBTC token is distributed to traders who also hold the HIBT tokens and the revenue generated from the platform is distributed to the holders of the HIBT as well, HiBTC presents a passive earning opportunity to it’s users, this innovative process is known as Trading Mining.
*Rights Sharing & Transparency: HiBTC Exchange is unlike any existing centralised exchange platform because it gives the it’s users decision making rights, for example, A user group that holds 5% or more of HIBT total circulating supply can independently recommend a cryptocurrency to be listed in HiBTC, Isn’t that mind-blowing?. Additionally, the rights to make major decisions in the platform shall be vested on the HIBT token holders.
To in a bid to make everything more transparent, it is also note worthy to mention that all transaction data, income data, mining data, voting data would be regularly published and made public in such a way that it would be easily be Verified.
- Fast Transaction Framework: One reason many users run away from some exchanges is their slow transaction framework, some exchanges are not built to handle much transactions per second and when the transactions exceed such a limited number, problems starts arising, the brilliant minds behind HiBTC knows this and they have created a conducive framework for professional and amateur traders alike where they can trade and never have to worry about the speed of their transactions because HiBTC is built to handle 2,000,000 TPS (Transactions Per Second).
One reason many users run away from some exchanges is their slow transaction framework, some exchanges are not built to handle much transactions per second and when the transactions exceed such a limited number, problems starts arising, the brilliant minds behind HiBTC knows this and they have created a conducive framework for professional and amateur traders alike where they can trade and never have to worry about the speed of their transactions because HiBTC is built to handle 2,000,000 TPS (Transactions Per Second).
HiBTC offer technical support and trading instructions to the investors on the platform. Being new to cryptocurrency trading or already an expert, there is no need to think much because HiBTC exchange platform will over trading instructions every user of the platform need.
Telegram group : https://t.me/www_HIBTC_com1
Twitter : https://twitter.com/HiBTC_Exchange
Website : http://www.hibtc.com/
Whitepaper : https://www.hibtc.com/om/about/en-us/whitepaper.pdf
Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1024739