A HiBTC exchange can solve the current problems that users are having trouble
Hello everyone, in this new post
I want to introduce the HiBTC project, and for more details, let's
just go to the following discussion:
The introduction of
cryptocurrencies has come to ease the pain caused by influence of fiat money's
major problems like lack of transparency and lack of resilient security.
They solely believe that
cryptocurrency markets are made up of traders and investors and they need more
than just the price and volume information to make different decisions. Many
exchanges cannot provide current user requests due to the deficit and surplus
of certain coins. As a result, the volume of turnover decreases, and consumers
remain unhappy and often lose interest in a particular service. Another problem
is the payment for the transfer of coins on the exchange.
This prevents penetration of
newcomers to the market with a small capitalization and the listing fee is a
kind of an obstacle to entering the market and filters with the low liquidity
of coins and tokens. All exchanges provide access to data on prices and volumes
only. Although they are available at different levels of complexity, some
exchanges give a deeper look to their ordering books than others, and some
provide access to graphs using the tools built in the platform. HiBTC has come
to solve this problem.
Problem with Existing Cryptocurrency Exchanges.
- Complex interface: some of these exchanges are not designed for newbies as they have a complex interface which poses as a great barrier for easy understanding of how it works.
- No fiat: some does not have fiat option for crypto purchases. For one to get his favorite altcoin, one needs to send BTC or ETH from one exchange to another to make the trade. This process results in high transaction charges or fees.
- High trading fees: most of this exchanges charge high commission on trades. Some charge as high as 0.2% of trades which is a lot if you know how much trades is going on at a time.
- High listing fees: Big exchanges like Binance and Bitfinex don’t list low cap coins or coins with shallow order books hence they only list coins that has potential to attract large scale traders and high profile buyers.
Hibtc will solve them.
- Security: Security of funds in a Cryptocurrency exchange is very very important and the team behind HiBTC knows this and takes the security of funds of it's users very seriously and that is why they utilize multi-layer firewalls, multi-signature, and cold hot money bag isolation programs to maximize the security of user assets and HiBTC also collaborates with top security Outfits.
- 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.
- 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).
USEFUL LINKS
Exchange Link: https://www.hibtc.com
Twitter: https://twitter.com/HiBTC_Exchange
Telegram: https://t.me/www_HiBTC_com1
Author Information
Bitcointalk Username: coinwcx1
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1886102
ETH: 0x9e2Fea703eC0D8adaAa420dB8D3BB63Ea5F5Aa69
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