BHEX provides wallet, exchange, OTC and mining pool services for BEAM and GRIN
On January 25, BHEX introduced a wallet product that support transfer status checking for private coin BEAM and GRIN. BHEX has opened automatic deposit, OTC, coin-to-coin exchange and withdrawal functions, making it the most comprehensive trading platform in the network for BEAM and GRIN ecological support.
Although GRIN has officially launched its CLI wallet, it does require the user to have certain technical background and by far it only operate on desktop rather than mobile. Its complex nature sets a high threshold for ordinary users and makes it not so user-friendly. At the same time, due to the privacy features of BEAM and GRIN, if one party claims to have initiated the transfer but in fact did not do so, the other party is not able to verify the authenticity of the transaction and the transaction risk is therefore increased.
To address this pain point, BHEX introduced the market’s first wallet solution that shows transaction status in a timely manner, so that both parties can view the transaction status in real time and know where the asset has been sent to.
In addition, for BEAM withdrawal, each transaction generates a Kernel ID, according to which the recipient can confirm the validity of the transaction on the Blockchain.
In terms of mining pool services, BHEX has established partnership with SparkPool, F2Pool, BeePool, BTC.com and other mainstream mining pools. Miners only need to fill in the exchange deposit address in the mining pool withdraw page, and the deposit can be done automatically, which greatly enhance the safety and reliability.
In terms of trading, BHEX has opened BEAM/USDT and GRIN/USDT trading pairs, and the trading fee is 0.01%. To make it easier for miners to cash out quickly, BHEX is also the first platform to offer OTC transactions backed by the exchange, with zero trading fees.
BHEX is a new-generation digital asset trading platform founded by senior Blockchain technology expert Ju Jianhua. In April 2018, BHEX received $15 million angel fund investment led by Huobi and OKCoin and it is officially launched on 3 December, 2018.