HiBTC – Shared digital asset trading platform, mainly offers cryptocurrency trading services for users.
HiBTC under the “transaction as mining” model, HIBT (HiBTC token) is rewarded to users through transaction processing fee mining, and platform regularly distribute revenue to all HIBT currency holders.
HiBTC will provide a safe, efficient and convenient digital asset trading platform for all participants.
Hibtc have own token HIBT already treading in Hibtc exchange.
Everyday HiBTC Dividend Bonus to HIB holder.
At present, the floor supports only 6 electronic currencies namely BTC, ETH, LTC, BCH, USDT and HIBTC, CMT, USE, soon more coin other.
Users can voluntarily join the program with part or all of the HIBT it holds, which will enjoy different proportions of dividend bonus in addition to the basic dividends.
HiBTC hopes to break the barriers to informatiolon 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.
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.
Native Token HIBT and Holders’ Privileges
HIBT is the native token of HiBTC platform. There will be 10 billion of HIBT tokens issued and this number is fixed. The initial allocation of the tokens is according to the scheme shown below:
There are some privileges gained through holding HIBT tokens which are:
Revenue Distribution Stake
Revenues obtained from the platform will be distributed among the HIBT token holders. The distribution will be made daily based on the bonus rules.
Transaction Mining
50% of the HBIT tokens created will be allocated to this feature. This model comprises of “transaction + token holding” mining, in which the allocated tokens will be rewarded to the users. The mechanism works like this: Whenever a user makes a buying, selling or withdrawal action on the platform there is a transaction processing fee generated. Based on the HIBT amount held by the user and the market price of the processing fee paid by the user and the HIBT market price the rewarded amount of HBIT is calculated according to the below formula:
Transparent and orderly
Publicize all data related to user's interests, including platform transaction data, income data, mining data, voting data, etc., and be Query-able, traceable, and verifiable.
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Trading locking and get dividen
The Future Is Coming
First of all, using the new design concept and leading technology, HiBTC will provide
a safe, efficient and convenient digital asset trading pla$orm for all par!cipants. In
HiBTC, regardless of the size of the transac!on, each par!cipant can effec!vely
achieve the investment objec!ves without worrying about personal privacy
protec!on or the security of digital assets. In addi!on, the professional financial unit
will provide investors with rich risk hedging instruments and investment target
choices.
Be careful when you start to participate
1 / Sure about link:
When you want to trade on the floor, make sure you access the correct website address by bookmarking because there are many fake sites with domain names quite similar. You should also have a security certificate to authenticate your site. For HiBTC, now support Vietnamese so it is not difficult for you to trade.
2 / The registration process
You should choose long and random password for enhanced security, then with email to get the authentication code.
3 / Load / Withdrawal
You must be extremely careful choosing correct pair for each address are different for
Set up 2FA on HiBTC
To avoid hacker attacks, you should install the BTCC security features in two forms: phone verification and Google verification - either one or both. Here are my instructions for verifying using Google:
1 / Enable Google Authenticator: Get the "Google Authenticator" app in your mobile app store (Android / Iphone).
2 / Finish: Click on open ⇒ "start installation" ⇒ follow the steps. Note: You should save the key code to be able to login if you can not use Google Auth.
Review:
Advantages: Low transaction fees (0.1% - HIBT token reimbursement), withdrawals (0.0005BTC / 8USD), no charge (minimum charge 0.001BTC / 10 USDT )
Cons: Lack of information on the headquarters staff as well as the pair traded less and quite similar name HitBTC floor confusing.
On the website that allows you to convert four languages: English, Korean, Japanese and Vietnamese to create a strange feeling, I was a little surprised to not see too many countries as well as languages involved. However, the marketing of HiBTC is quite good so I will follow up in the future.
Holder Shared Fund
1.8 billion of HBIT created will be locked up in the Holder Shared Fund. These funds will be locked up until the mining was complete. The dividends belong to this part will be used to buy back HBIT form the secondary market and those bought back from the secondary market will be included in the fund too. All the HBIT accumulated in this fund together with dividends will be allocated to the users after mining is finished. The distribution and unlocking plan will be published after mining is competed.
CONCLUSION
Conclusively, HIBTC as an giant exchange platform has numerous benefits that will be accorded to its prospective users. They include Safety of their information, efficiency, risk control, revenue sharing , transparency and orderliness for which it basic aim.
Hibtc exchange Deposite fee
Hibtc withdraw fee
Roadmap
Website: http://www.hibtc.com/
Whitepaper: https://www.hibtc.com/om/about/en-us/whitepaper.pdf
Bounty thread: https://bitcointalk.org/index.php?topic=5016151.0
Twitter: https://twitter.com/HiBTC Exchange
Telegram: https://t.me/www_HIBTC_com1
Author’s Details
telegrame Username: @kingcobrabro
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=2264251
Bitcointalk Username: Najith