The exchange is called HiBtc, which was launched not so long ago, in mid-August 2018, in fact less than a month ago. HiBtc is precisely the stock exchange for trading currency pairs and fiat, but its main feature is that it is built on blockchain technology. And now let's talk about what this gives in practice.
First of all, this is security. So it is, as the developers assure, it was the security factor that stood in the first place with them. It will not be new to anyone that in 2018 a lot of exchanges suffered because of a low level of security, and users lost their savings in a matter of minutes. Whatever happened, HiBtc decided to start working with the world's leading security companies on the Internet. And they came to the decision to use multi-layer firewalls, multitasking and cold wallets to fully protect the assets of their users.
Not an unimportant factor is efficiency, and now I explain what I mean. In the concept of efficiency, I put exactly the transaction mechanism, which is implemented on the HiBtc exchange. Just at the expense of it is processed about two million transactions per second. This is an absolute record among the decentralized exchanges. And the API interface allows you to support many high-frequency trading instructions, such as GTT, GTC, FOK, ICO. It is due to this support that HiBtc becomes an excellent tool for many professional investors, and not only.
Since the HiBtc exchange is primarily a blockchain platform, it can not do without its tokens. There are also miners with this token. Therefore, the HiBtc team has developed a flexible reward system for miners who decide to drop the HIBT token. Miners will receive 50% of the transaction, in HIBT tokens.
And another advantage for HIBT token holders, the HiBtc exchange will regularly distribute platform revenues to all tokens holders. The process itself is automated and does not require the intervention of the board of directors or meetings of shareholders. Holders of HIBT are full participants of all financial issues of the HiBtc platform, which can not but rejoice. In this all I see only the pros and demand of the token itself, as getting passive payments for simply owning the tokens of HIBT will well affect the course of the coin itself, create a general deficit, as few people will want to sell it. At the moment, the token is traded at a price of $ 0.096. During this week, the token showed good growth.
Another important point is the transparency of the exchange. All data on the interests of users, data on the platform transaction, income, coins, votes, etc. can be requested or checked on the HiBtc main page. All data should be open, to exclude fraud, and speculation of coins on the exchange. This level of transparency is not different from many, from the top exchanges to date.
We discussed all the advantages of the exchange. However, the HiBtc exchange offers a bonus program for its users. For example, now there is a competition for $ 29 million, among users of the exchange. The rules are simple, and for participation certain knowledge in trading and market behavior is needed. The rules are as follows: Hibt token traders who go to the biggest plus get bonus points. When the price for a single HIBT token exceeds a certain price, the trigger will start, which will begin to determine the winners, according to the total points. Three participants will receive 50%, 20% 10% of the prize pool, the remaining 20% will be distributed among the rest. And such a system will be held in rounds, one after another. And the payment is made the next day on the purses of the HIBT.
I believe that this exchange is really worthy of attention. I already studied it a little and I liked the design. Everything is clear, unlike other exchanges, there are no incomprehensible and complex working moments. A good advantage is the presence on the exchange of 7 coins, such as BTC, ETH, LTC, BCH. These coins are traded paired with USDT, as there are CMT, USE and, of course, HIBT. They are traded both with ETH, BTC and with USDT. I will remind the exchange there is not even a month, but already has a full set of base coins, and adds new ones. I believe that HIBT will be already in the list of top 10 exchanges in a year, and it has everything to go there.
Information about the project:
Official site: 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
Telegram: https://t.me/www_HIBTC_com1
Twitter: https://twitter.com/HiBTC_Exchange
Bitcointalk username: ravshang71
My profile - https://bitcointalk.org/index.php?action=profile;u=2076964
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