Mainfinex is an innovative exchange that offers wallets, margin lending and deposit services. It targets individuals intraday trading companies trust funds and prop trading companies
In 2009,bitcoin showed an scenes it worked where other previous digital currencies have failed with growing internet with bitcoin, bitcoin came the need to transact this assets,in early years. it was difficult as there were few or no exchanges today not only Bitcoin exist the technology corporation and governments are embracing it, we now have many public private and hybrid blockchain several digital technology comes the increasing need to create an array of assets and exchanges to exchange these assets with increasing price functuation media frenzy hackers and funding we can say digital assets are here to stay
Problems faced by exchanges
Current exchanges face a plethora of challenges ranging from non institutional grade services poor interface no uniqueness many are unsuccessful traders losing money to exchanges getting hacked
- financial practices short fall and poor interface
like they say. You have got only one chance to make an impression the user experience with many exchanges are hell like with ill developed framework ranging from little to no customer support poor interface and lack of readily available monitor to provide data for user to make successful trade
- Little to no uniqueness
Many of today exchanges are a product of recycled ideas as many existing and new entrants exchange have little to nothing to different them
- Losers losing money
70% of traders lose money on exchanges transactions many Do from unsuccessful trades many exchanges do not have readily and real time data to aid in the choice of trade and up to date tutorials to aid crypto trading
- The hack problem
Over 90% of non existent crypto exchanges met their demise when they suffers from hacks
MAINFINEX EXCHANGE SOLUTIONS
To solve some of the challenges encountered by the exchanges mainfinex is proposing an array of solution
To address the challenges of liquidity and profitability it will introduce adjustable interest rate that are dependent on volume to reducing trading fees the more activity in a trading section, the cheaper it is for that section
It will reduces fees in the event of a fatal deviation in price and charge market making traders who create liquidity lower fees,thus reducing volatility and increasing liquidityit will introduce a regressive fee scale for traders beaning losses depending on the volume of their losses this is to mitigate the consequences of unsuccessful trade deals for a trader
It will compensate in token traders who lost money but made it to the daily top 100 base on volume this will help stimulate liquidity in the exchanges
It will offer a suite of beneficial services
If will also with partner exchanges that will provide liquidity for trading, perform IEO Sales, provides users with easy to consume tutorials.
Mainfinex has selected and offered to give it users a suite of financial instruments can be easily grasped and activated with the click of a button
. Forecast ( users can get across to an analytical indicator used by a host of successful traders)
. Stop me ( newbies and other users to activate 2-day breaks from trades to enable for were all quality trade decision)
. Saving up for retirement( you can set aside 10% from each profitable trade)
. Vanity for ( share your trade strategies for a fee )
. Call for help ( a trading robot that makes transactions decision based on algorithms
. Join the group ( with a click a button a users can transfer a money to a pool of professional traders and earn an interest on this money )
. Work for us ( users without substantial money with free time can make money by performing a tasks)
Learn more
Mainfinex website : www.mainfinex.com
Telegram: https://t.me/mainfinex
Twitter : https://twitter.com/mainfinex
Bounty hunters details
Name : Ighomaria Prosper
Email : amrotorayere@gmail.com
Mainfinex Ethereum wallet address : 0x415fea83ca061789f1e6de6a4c69d1cb06799350