HYDAX: A Secure, Efficient and Simple Cryptocurrency Exchange.

in #blockchain5 years ago

Hello .. Friend meet me again, this time I will invite you to join the "HYDAX" project where this exchange site is very promising for those of you who are interested in investing funds in ICO sales that they do. If you are interested in joining this project, it helps you read reviews that can help you get information in seeing their vision and mission.

It is no news that the debut of the blockchain technology came with many prospects. A decade down the line, we can now see that the network (blockchain) has been able to touch virtual every part of the global economy. The impacts have been felt in the financial sector, from where it moved down to other sectors of the economy.

Aside from the many features, especially the decentralization that it brought, the blockchain technology would also be remembered for the massive developments that brought to the digital sphere. The introduction of cryptocurrency exchanges is the most significant of it all. Through the platform, we can now buy and sell cryptocurrencies and many other digital assets. Although the smart contract technology has been the primary trigger of transactions via that medium, the Hydax cryptocurrency exchange came up with another approach called the "Perpetual Contract."

About Hydax

Hydax was born in an era when we began to see broad adoption of blockchain technology by the online game and financial industry. As an innovative global cryptocurrency exchange, Hydax started with LGame, which aims to build channels between online gaming assets and the exchange platform. Hydax team members come from leading internet companies and financial institutions, and we value the development and operation of technology.

Hydax Exchange has the capacity to process millions of transactions, and with multi-node and global hold and permit models. We will deliver a smooth trading experience and create a safe and trusted environment for users, helping them convert their assets. Hydax is committed to creating the top global cryptocurrency exchanges, and serving the entire blockchain industry.

What is HDX?

HDX stands for Hydax exchange utility token. This is a digital asset issued based on a decentralized encrypted protocol, Ethereum. The Initial Exchange Bid Price will be issued as 1 HDX = 0.1 USDT. Total limited supply is 300 million.

HDX overview

Default deflation mechanism. 25% of the exchange's net profit per quarter will be used to buy back and burn HDX until a total of 150 million HDX supplies (50% of total supply) are burned. Burning records will be published quarterly and Etherscan records will be transparent on the blockchain. Having HDX, you can enjoy the growth of the Hydax exchange and the value of scarcity by continuing to buy back and burn HDX.

LG-HDX program

  • Conversion Rate: 1 HDX = 20 LG
  • Personal Stamp: LG gets in the Hydax Genesis Exclusive Activity (Accurate personal limits can be seen after the Hydax account is logged in when the program starts.)
  • Conversion Period: 2019-10-20 11:30:00 (UTC + 8) - 2019-10-20 12:30:00 (UTC + 8)

Participation

STEP 1: Complete verification to meet the requirements of participating.

You are required to put your account in sleep to the mobile number.

You must pass KYC verification.

STEP 2: Participate in the LG-HDX Program

Eligible users can complete the subscription within a certain time period according to their personal time limit. Within 8 hours after the event ends, the amount of HDX will be displayed in the user's account.

STEP 3: Distribution Token

HDX token releases will be linear over a period of 9 months for 10 times. The first HDX release is on listing day.

The Hydax technology team has years of experience in operating cryptocurrency exchanges in a stable and secure manner, specializing in professionally distributed architectural designs and anti-DDOS attack systems, with 98% of encrypted assets stored in multi-signature cold wallets.

The Hydax trading platform has also completed penetration testing with several internationally recognized security testing organizations. Testing involves the risk of business platforms and Hydax products, security of applications and code development, network security and operations and maintenance of the environment, and safety awareness of internal personnel.

Security penetration test results show that the Hydax exchange safety indicator is among the leading industry levels. Hydax Adheres to the concept of providing users with safe and reliable cryptocurrency asset trading services and fully utilizing a professional risk control system to protect your accounts and assets.

Early in our trip, Hydax launched a user protection fund. The company first takes one million USDT as a guarantee fund for user assets, and every quarter will take 10% of the platform's profits for the Hydax user protection fund. With the loss of assets caused by other than the user's reason, Hydax will compensate the user with this fund as a pre-payment for the user.

Hydax User Agreement

The Hydax User Agreement (hereinafter referred to as the "Agreement") defines the rights and obligations between Party A (Hydax Users) and Party B (Hydax).

Please read this Agreement carefully. In the event of a violation of this Agreement, Hydax has the right to stop services to relevant users. For each user suspected of violating relevant laws and regulations, Hydax has the right to report suspicious transactions to the relevant department and, if necessary, freeze the user's assets and transfer them to the relevant department for processing.

Ownership and operations of the services provided by Hydax (https://www.hydax.com) are owned by the Hydax team. Hydax has the right to modify the terms of this Agreement. The agreement that was revised after being released is effective to replace the original agreement, and users can access to the latest agreement at any time.

I. Content and Release Agreement

1.1 The contents of this agreement include the text of the agreement and all types of Hydax rules have been released or may be released in the future. All rules are an integral part of this Agreement and have the same legal effect as the Agreement. Except as expressly stated, any services provided by Hydax and its affiliates (hereinafter referred to as Hydax Services) are governed by this Agreement.

1.2 You must carefully read all the contents of the agreement before using Hydax services. If you have questions about this agreement, you should consult Hydax. Regardless of whether you have actually read the contents of this Agreement before using the Hydax service, as long as you use the Hydax service, this agreement is bound to you, you do not have the right to claim invalid proposals, or require revocation of this agreement because you have not read the contents of this agreement.

1.3 You are committed to accepting and complying with this Agreement. If you don't agree to this agreement, you must stop the registration / activation program immediately or stop using Hydax services. If you continue to use Hydax services, you accept all the terms of this Agreement.

1.4 Hydax has the right to develop, modify this agreement or various rules, and will give notice through public announcements without notifying you alone. After the agreement and amended rules have been published on the website, they will immediately take effect. If you don't agree with these changes, you should immediately stop using Hydax services. If you continue to use Hydax services, you accept and are willing to abide by the amended agreement and rules.

II Registration and Account

2.1 Eligibility for registration

You must verify that you are not a US Citizen or Resident, because Hydax is currently not available in the United States.

You must be an individual, legal entity or other organization with full civil rights and full civil capacity when you complete the registration process or use Hydax services in other ways that enable Hydax. If you do not have the above qualifications, you and your trustee will assume all the consequences that arise from it, and Hydax has the right to cancel or freeze your account permanently and claim you and your trustee.

At the same time, you need to ensure that you are not listed on terrorist personnel lists, such as lists of terrorist organizations and terrorist groups issued by the United Nations Security Council resolutions, or by user administrative law enforcement bodies to limit or prohibit any trading platforms application.

2.2 Purpose of registration

You promise that your registration with Hydax is not intended for the purpose of criminal activity or destruction of Hydax digital asset transaction orders.

2.3 Registration process

You agree to provide valid contact information in accordance with the requirements of the Hydax registration page, including but not limited to cellphone numbers, ID numbers and other information; set the Hydax account number and password, and ensure the authenticity, completeness and accuracy of all information provided. You may not be responsible for any direct or indirect damage and bad consequences arising from inaccurate, inaccurate or incomplete information at the time of registration. After you register, your registered account will not be canceled or deleted.

(1) You are entitled to an Hydax account and password, a Hydax account and a password for Hydax to log in if you have legally, completely and effectively provided the information needed for registration,

(2) You are deemed to have successfully registered when registering an Hydax account and password, you agree to receive e-mails or short messages from Hydax management and operations related to Hydax.

(3) After your successful registration, you must provide your identity information, including but not limited to names, ID numbers, photos, etc. To get access to trade digital assets in accordance with the terms of this agreement.

2.4 User information

In the process of registering or activating the process, you must provide and update your information in a timely, accurate, timely and complete manner, as required by the appropriate page, as required by the appropriate page. If there is a reasonable reason to suspect that the information you have provided is incorrect, wrong, out of date or incomplete, Hydax has the right to send you notifications or corrective notifications and the right to delete information directly until your suspension or termination may not be responsible for any direct or indirect damage and adverse consequences arising from your offer for some or all of Hydax's services.

You must fill out and update your e-mail address, contact number, contact address, postal code and other contact information so that Hydax or other users can contact you effectively. All losses or costs arising from the use of Hydax services will be borne by you. You understand and agree that you are responsible for maintaining the validity of the contact information you provide, and if you have changes or need to be updated, you must follow Hydax's requirements.

2.5 Account security

You are responsible for the supervision and confidentiality of your Hydax account and password, and you are responsible for all activities (including but not limited to disclosure of information, posting, online click approval or submission of various rules and agreements that occur under these logins and passwords., Online renewal of agreements or purchase services, etc.) Responsible.

III. You agree:

(1) You will immediately notify Hydax if someone is using your Hydax account and password illegally, or other breach of confidentiality,

(2) to ensure that you strictly comply with the site / service security, certification, transaction, refill, mechanism or cash withdrawal process;

(3) Make sure you leave the site / service in the right way at the end of each entry period. Hydax will not and will not be liable for any loss arising from your failure to comply with this Section. It makes sense for you to understand that Hydax took action at your request and that Hydax is not responsible for any consequences (including but not limited to any loss) that you experience before taking action.

IV. Trade rules

You are committed to Hydax transactions, through Hydax and other users of the digital asset process in good compliance with the following Hydax digital asset trading rules:

4.1 Browsing transaction information: When you search for digital asset transaction information in Hydax, you must read carefully all the content contained in transaction information, including but not limited to digital asset prices, commissions, handling fees, referral to purchases or sales, when you are fully receive all contents of transaction information before trading.

4.2 Refilling: You understand and agree that Hydax will be updated from time to time to provide a currency or currency that can be refilled, currently only supporting charging digital assets.

4.3 You have the right to withdraw the balance in your Hydax account at any time, but you must obey the rules for withdrawing Hydax currencies and pay the appropriate withdrawal fees to Hydax.

4.4 Submitted to commission: You can check transaction information to confirm that the transaction can be submitted after commission. After you send a transaction commission, you are authorized to resell, and Hydax will automatically complete the appropriate transaction without first having to notify you of a transaction that meets the price entrusted to you.

4.5. View transaction details: You can in the transaction center history to view the transaction records associated, confirm their own transaction details.

4.6 Revocation / modification of commission: the commission does not reach an agreement before you have the right to revoke or modify the commission at any time.

Users can make payment transactions using HDX tokens, which are tokens issued by the Hydax platform. Where token is an ERC20 utility token, which is a common token that is used by other platforms so that it makes it easier for users to make transactions. At present, the Hydax platform also has a total of 300,000 HDX tokens, where the price of 1 HDX is equal to 0.1 USDT.

Certainly not an easy thing for technology scientists to be able to give birth to advanced technological innovations that have different functions and can be enjoyed by users. Just like scientists who have given birth to sophisticated platforms such as Hydax, which platform is here to make gamers grow and can make games a profit-making field.

Further information:

Author: jampang.kupret

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