Ever since I started trading, I have never for once come across any cryptocurrency trading platform that is this reliable and also have already made plans to reward traders who utilizes the platform. Today I am here to introduce the most reliable cryptocurrency trading platform that meet all requirements for traders (both beginners and professionals) satisfaction.
The advancement in technology bring about the evolution of the blockchain technology which gave birth to the first ever digital currency well know as Bitcoin. This became the first ever digital currency as it was designed to disrupt the existing traditional financial fiat currency which have been centralized by government and financial institutions. During this transition, research shows that most Investors took it upon themselves to invest in this digital currency because they realize how lucrative it could be. This gave cryptocurrency more popularity and different coins/tokens have been created ever since the evolution of Bitcoin.
A look at the coinmarketcap shows that there are over 1800 cryptocurrencies registered in the marketplace at present and research also show that there is a high possibility that this number will increase before the end of 2018. According to the coinmarketcap, it shows that the total market volume at present is over 200 billion dollars and Bitcoin (BTC) dominates over 52% of the present volume of the coinmarketcap. This shows that there is a lot of profits in cryptocurrency as well as investing or trading with digital currency assets. But the question is how do we trade and where do we get to trade or invest in cryptocurrencies? Well before I go further let me discuss briefly on cryptocurrency exchanges.
What Cryptocurrency Exchange Is?
Cryptocurrency Exchange or Digital currency exchange is an online platform set aside to carry out cryptocurrency related trades. Cryptocurrency exchange allows traders to exchange his or her digital assets to another currency, either Fiat, USD, BTC, Ethereum or any other cryptocurrency coin or tokens. Currently there are two type of cryptocurrency trading exchange; the Distributed (Decentralized) Exchange and the Centralized Exchange, both of which have their own advantage and disadvantages. A typical example of distributed exchange is the ForkDelta, Bitshare, EtherDelta and others. In such type of exchange it has been observed that traders are responsible for their own security as it entails importing their personal private key to the exchange. Assets are held in the traders account and it does not require or need any person to maintain it operations. Traders trade directly with each other and the exchange technology ensure trades go through, cleared and settled. Traders can join at any time, and can leave at any time. While in centralized exchange, traders are made to create an account that will enable them to trade in the platform. It is the direct opposite of the Distributed Exchange. It provides a centralized trading mechanism which is faster than the distributed exchange and cryptocurrency coins/token are stored in its own storage facility.
HiBTC, together with the growing incomes, will set up a prize pool that will increase. HiBTC puts 100% of the daily dividend from the “Holder Shared Fund” account into the bonus pool every day before someone activates the prize. Once the pool is activated, the HIBTs that trade the day’s contributors will be handed out all the prizes in the pool. This is FomoHIBT
It is important to clarify that the system is partly like the Ponzi scheme, but this is not the case at all. With this version of the cryptocurrency exchange concept, you can increase the liquidity of the pool and attract new users so that you can receive good dividends.
The HiBTC name itself has been developed to provide support for Bitcoin, the first product of Blockchain technology. HiBTC is there to create a transparent and fair exchange platform.
The platform itself is registered in Malta. English, Korean, Japanese and Chinese is used as officially supported languages. The exchange is, therefore, more focused on the Asian region, but also on the possibility of interaction with English-speaking users.
Currently, the platform only supports 8 cryptocurrencies: BTC, USDT, LTC, BCH, ETH, CMT, USE, and HIBT. The exchange has ambitious tasks to add new tokens for trading purposes.
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.
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=2144372