HiBTC: The Exchange for All
Exchange, aka market, is typically a place(which can be physical or digital such HiBTC) where you can buy and sell products or currencies in ratio to the current market price at the time of the transaction. So when we speak of Digital or Cryptocurrency Exchange, it’s digital exchange where you can sell and/or buy a digital currency to another digital currency.
Research shows that as of early 2018,there have been more than 500 digital currency exchanges and more than 1,500
types of digital currencies, totaling a market value of near USD 400 billion. The numbers of traders grow exponential as new people from different adopts cryptocurrency everyday.
The Challenges Of Exchange
With the resent growth in the digital world, many problems has surfaced with existing exchanges and can no longer be tolerated as its negative impact is like a cancer that needs to be cut out fast.
Problems like:
- Support System for Investors
- Counterfeiting of transaction data
- Adequate tools to help traders and investors with decision making
- Security vulnerabilities,o9
- Centralized market and decisions making
- High exchange listing price
- Manipulation of digital asset such as pumping of coin instead of natural market growth
- Backroom deals and low efficiency
Here Comes Our Hero: HiBTC
HIBTC is the world’s most advanced digital asset exchange. Using mol lll participants. In HiBTC, regardless of the size of the transaction, each participant can effectively
achieve the investment objectives without worrying about personal privacy protection or the security of digital assets.
WHY HIBTC?🤷
HIBTC wants to discard the tradition exchange mode and build a new type of digital asset exchange that is safe, convenient, transparent and orderly. HIBTC applies community based model instead of the traditional centralized business model as its organizational form.
🔍Transparent and orderly: HiBTC will publicize all data related to user interests on a
real-time or regular basis, including but not limited to
platform transaction data, income data, mining data, and
voting data, which shall be queryable, traceable and
verifiable. HIBTC is really practicing transparency, fairness
and honesty
- 🔐 Safe and Secure: Traders and investors can sleep peacefully knowing that there asset is secured with multilayers of fire-wall and encryption deployed by top security companies. All codes are put to test by different security companies ensuring there is no loop holes.
- 👨👩👧👦Right sharing: HiBTC discards the traditional centralized structure of a “firm” and there is no board of directors or management, just the founding team responsible for providing
technical support for the platform operation. The right to make decisions on major
issues, income rights, the right to elect community representatives, etc.which will be fully returned to HIBT holders. - 🎡Efficiency: HiBTC provides users with advance API(REST, Websocket Feed) and transaction framework that can handle 2 million transac!ons per second with high level securities. Try API
- 1+1 currency list mode: Platform selection channel + HIBT holders recommender currency issuance channel: A user group that holds 5% or more of HIBT circulation can independently recommend a digital currency to login to HiBTC.
- 🏥 Risk control: Digital asset comes with high level of risk because of it’s high volatility. Novice and Professional traders benefits from wide range of available risk hedging instruments (more than 500).
- 🔄Transaction mining: HiBTC adopts the “transac!on + token holding” mining model， under which 50% of
the HiBTC Token (HIBT) is rewarded to users through transaction processing fee
mining. Everytime a user may makes a transaction, the transaction fee will be calculated with the HIBT held with respect to its market price. The result answer will be the numbers of token earned by the user. - 🏥 Support Center: You can always rely on the 24/7 support team to assist you with any issue or question you may have.GET HELP
- ⚖️Fees: Fees
Pay only 0.1% on every market trade. SEE FEES
HiBTC TOKEN (HIBT)
HIBT is the only native token of HiBTC trading platform and certificate of interest of HiBTC. To be part of community, contributes to the development and having voice in desicion making of HiBTC, you need to own some HIBT.
What is ToM ?
Trade-to-mine (ToM) or Trade-Driven Mining or Trans-Free Mining. In this approach, the exchange token is distributed to users based on their trading volume. Exchanges calculate the daily trading fees for each coin, convert the fees to the exchange token at market price and deposit the tokens to traders according to their trading volume. Trade-driven mining allows traders to earn reward for trading.
Number of HIBTs mined in one transaction by the user =
(Qi × Pi ÷ PHIBT) × α%
Wherein,
Qi stands for the number of processing fee paid;
Pi stands for the unit price of the processing fee paid at the time it is paid;
PHIBT stands for the unit price of the HIBT at the time the processing fee is paid; and
α% stands for the proportion of the processing fee return the user enjoys at the time
the processing fee is paid
What is FomoHIBT?
HiBTC will set up a prize pool growing in size along with the exchanges growing incomes. HiBTC shall put the 100% of the daily dividend of the account “Holder Shared Fund” into the bonus pool, every day before someone trigger the price. Once the pool is triggered, the HIBTs trading contributors of the day will be distributed all prize in the pool. Learn more
Total supply : 10 billion
Advantages Of Owning Some HIBT
- Right of revenue distribution.
- Right of participation in decision making.
- Right of election and supervision.
- Right of listing recommendation.
Interesting right? Do you want to get some for yourself like I did.
- You can either buy
- Earn through Transaction mining
Don’t Miss Important Events
- September 8
FomoHIBT second round official launch - September 6–13
FomoHIBT Bounty starts - September 18
Functions of smart contract listing recommendation
and voting made available - November 18
Launch of mobile app - December 18
Launch of financial derivatives
WANT TO KNOW MORE?
Email: support@hibtc.com
Website : https://hibtc.com
Social Media :
Author :Eazybee
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1189898
