INJECTIVE PROTOCOL EMERGES AS THE BEST EXCHANGE IN THE BATTLE OF DERIVATIVES, CRYPTOCURRENCY TRADING WHEN COMPARED TO BITMEX AND FXT.
To further understand the depth of the Injective Protocol and how it gives more value to the traders on its system, compared to other highly rated exchanges in the Digital space, we are going to juxtapose, as a means of comparing the Injective Exchange with BitMEX and FXT exchanges.
Despite the fact that these exchanges have been in play for a while, facilitating the exchange of cryptocurrencies, derivatives and other digital assets, there seem to be a big contrast between them and the Injective Protocol platform, so let’s look at some of those.
THE KEY VALUES OF THE INJECTIVE PROTOCOL PLATFORM.
LIQUIDITY FEATURES
The importance of liquidity to any trading engine cannot be over-emphasized as it is the main driver of any cryptocurrency exchange. Injective protocol unlike the aforementioned exchanges (BitMEX and FXT) thrives on propagating the best liquidity pool and a smooth trading system at all times using its revolutionary methods to ensure maximum liquidity in the system. This, it does by constantly rewarding liquidity relayers and providers with incentives thus, bringing about a constant flow of liquidity to the system as liquidity relayers continue to compete for the best rewards available. This can be further explained as offering Decentralized Finance incentives to liquidity providers and interested parties to ultimately shore up system liquidity.
PROFIT SHARING
Exchange platforms like BitMEX, FXT and other systems, care very little about its users when it comes to revenue sharing, but the Injective exchange does not just serve as a digital asset exchange platform, but makes the use of the system to be more rewarding as it shares the profit realized from the activities on the system, to its users.
This particular attribute is a clear indication that Injective protocol is all about the users and how well they enjoy their experiences when using its state of the art multipurpose and intuitive platform.
VARIETIES OF TRADEABLE DIGITAL ASSETS
Most systems have just a few digital assets with which users can trade, limiting their trading abilities and denying them from maximizing profits.
Injective protocol platform on the other hand, on its decentralized system, presents a lot of tradable assets on its exchange, so as to allow traders, take their pick.
By investing in different digital assets, traders will protect themselves as well as benefit from different streams as well as bullish trends common to a variety of digital assets at various time intervals, since it is a volatile market.
RESISTANCE TO ATTACKS, MALWARES AND HACKS.
For hackers, it is as easy as pie breaking through the firewalls of a lot of exchanges, as their securities are not reinforced and at best porous. This is evident as several reports in the past have affirmed these claims. Several exchanges including Binance have at one point been targeted for malware attacks and hack attempts.
To worsen the whole issue, most of these exchanges are centralized, making it open to sabotage and manipulation by the system itself.
Fortunately, the Injective Protocol platform is designed to be superior to these exchanges, resistant to different kinds of attacks, as a way of ensuring that the users are covered and funds/assets protected at all times and at all costs.
All these are just a few of the features that project the Injective protocol to be superior to BitMEX, FXT and a whole lot of other exchanges out there.
SIMPLICITY AND USER FRIENDLINESS
Unlike derivatives and futures trading platforms like Binance, BitMEX, Kumex and FXT that have complex designs and user interfaces making it extremely difficult for beginners and intermediate traders, the Injective Exchange is built to offer excellent design, simplicity and user friendliness to all levels of traders and users ensuring they obtain maximum satisfaction when using the exchange. The Injective Decentralized Exchange is built to promote self sufficiency to traders and a walk through interface required to trade assets, derivatives and crypto futures in the most comfortable way possible. Also, there is top level customer service support for clients and traders to obtain the needed guide and support in a timely and most effective manner. There is also a phone service support integrated into the platform for direct communication with well equipped and trained customer care professionals.
TRANSPARENCY
Injective protocol offers a decentralized design and therefore, offers an exchange protocol with publicly accessible and available resources for interested parties to confirm. Meaning, all transactions and orders placed on the platform are completely verifiable due to their timestamps as well as order IDs. This way, there is no fear of order manipulation and “wash trading” often associated with several other exchanges that tend to manipulate trade volumes just to attract users.
The Injective Protocol Dex is built to completely eradicate mistrust amongst participants and offer a transparent, safe and accommodating environment for all kinds of digital asset traders.
INJECTIVE WITH BINANCE LAB
Due to how improved the Injective protocol is, the Binance lab which was created by the Binance system, as a way of helping promising systems thrive, has also featured the Injective Protocol initiative platform, so as to enable it come out as a great exchange platform.
And looking at how sophisticated the Injective platform is, it is obvious that it is already fulfilling dreams for a lot of digital assets traders.
INJECTIVE PROTOCOL BOUNTY REWARD PROGRAM FOR SUPPORTERS.
The supporters of the Injective platform are in for great benefits, as this system has opened up a bounty campaign, in the quest to reward its users for being great supporters of the system. The bounty campaign that was scheduled to last for 6 weeks, started on the 20th of June 2020 till the 31st of July, and is being managed by Kriptal Bounty Group due to their professionalism and trademark forexcellence further boosting the public appeal of the Injective Protocol brand as not just a legitimate brand but one only interested in genuine partnerships and authenticity.
Currently, the bounty program is on the fourth week and supporters yet to join in are encouraged to be part of the building process of this unique technological revolution. Intending participants can get involved by visiting the Link Here:
Throughout this period of 6 weeks, the Injective platform will issue 30,000 USDT Worth Eth to the participants for promoting the system.
A breakdown of the bounty program and its reward system can be found on the chart below:
CONCLUSION
Injective Protocol as a system is rapidly becoming the favourite of many digital assets traders, as it carries great features that enhances and improves its operations, unlike other exchanges. Injective exchange platform is the best anyone could ever ask for.
Find out more information about the Injective Protocol on the channels below:
Article Written By: Sundilhan
