What is HiBTC?
First of all, you note to help yourself is HiBTC, not the HitBTC has been released so long offline. About HiBTC, this is a very new trading platform, and just launched around early August/2018. Like the recent general trend of the new floor, HiBTC also goes in the direction of trading as mining, and divides the profits for those who own the tokens of the floor. Some of the highlights are CoinEX, BTCC, IDCM, Bgogo, etc. Although it looks like Ponzi, this is a great way to attract users, and improve liquidity. Moreover, this model not only helps the floor but also benefits investors, if the floor has a large trading volume.
On the site, HiBTC has not yet published specific information about the founding team, and its headquarters. However, if you read through Section 4 of the Terms of Service, you think that the floor was established in Hong Kong because of the mention of the Monetary Authority, and Hong Kong Customs. Assuming it is true, it is not surprising that most of the floors are based in this city. Notably, HiBTC claims that they are backed by the Ceyuan Digital Assets Foundation, and is one of Cybermiles’ strategic partners. Accordingly, the tokens that run on the CMT network are highly likely to be listed on the floor.
At present, the floor supports only 6 electronic currencies namely BTC, ETH, LTC, BCH, USDT and HIBTC, CMT, USE, soon more coin other
According to information on the website, HIBT is the only private currency issued by HiBTC, evidence of the floor. Specifically, it will be issued under the principle of “trading as mining”, invite friends and will stop until it reaches 10 billion tokens. HiBTC will divide its earnings to HIBT holders. At the same time, the owners also have the right to participate in important decisions and management areas, including listing new tokens, transaction fees … In addition, the floor also plans to “ “ Users can voluntarily take part or all of the HIBT lock on the floor and enjoy over-rate sharing with different rates. The longer the lock time, the higher the divide rate.
How to distribute tokens:
50%: refund of transaction fee
18%: Holders of tokens: buy Hibtc and hold
25%: founding team and strategic partner
5%: investor platform
2%: market expansion Currently
Currently, to attract trading money on the floor, HiBTC has opened many different incentive programs, you follow the site and earn attractive gifts offline
The floor has a lot of bonuses
Platform revenue is distributed to HIBT holders.
Bonus you earn = Platform Revenue * ratio * (Number of HIBT you have / current circulation of HIBT)
Calculated once per hour. At the following day, the amount accumulated yesterday 24 hours will be issued to the user’s wallet.
Now add: 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.
Sign up now and earn daily bonuses