It is difficult to imagine the modern world without new technologies, developments and ideas. Every day in the world there are hundreds of new projects that are ready to help us in solving any problems. Today's project is no exception. After all, its main task is to solve the existing problems in the field of blockchain technology.
We all are familiar with the technology, someone in a greater degree, someone in smaller. But there are still a huge number of people who do not know and do not fully understand the principle of interaction of this technology with our usual world. To make some clarity, for those who are new to this topic, I propose to get acquainted with the concepts of what is a centralized network, and what is a decentralized network (i.e. Blockchain).
A centralized network is a kind of stronghold of servers located in one place, under the protection of the security system. Decentralized network is a network consisting of a huge number of computers, where each store information about all transactions and actions. Thus, the synchronization of these devices occurs constantly and it is very difficult to hack this system, since the incorrect operation of one of the nodes, it is automatically disconnected from the General network, continuing further work without interruption. This principle allows you to safely store any type of data, which is not true of a centralized network, where any hacking endangers the entire database. Now that we have decided on the concepts I propose to continue my review further.
Problem
Despite all the advantages of the decentralized network, there are still imperfections in it, most of which are associated with the exchange of crypto-currencies (digital assets) for Fiat (these are currencies that are regulated by the Central banks of a country). Seeing this imperfection, the team of specialists decided to create such conditions of interaction to improve the quality of all cryptocurrency exchanges, which will lead to even greater popularization of cryptocurrencies and their use in everyone's life.
About the project
The project which aims to improve all these shortcomings is called-BitcoinBing. The main task of which is to provide high-quality and safe services for the implementation of various transactions and operations, even at a time of heavy loads and strong fluctuations in the cryptocurrency market. To satisfy its user in all aspects, the team of founders of BitcoinBing, has come a long way using many years of experience with cryptocurrencies. They have had their UPS and downs, but at the moment they have achieved tremendous success by doing fundamental work. Now BitcoinBing has an incredible processing speed of up to 1 million operations per second. Thanks to this, all users of BitcoinBing will be spared possible problems with waiting for operations and any other transactions, where previously they could spend a lot of time on it. This platform has collected all the most popular features and options that are endowed with a typical exchange. This includes services such as margin trading, spot trading, peer-to-peer and over-the-counter trading in Fiat and cryptocurrency.
The quality of tasks is monitored by smart contracts, the main role of which is to comply with the agreed conditions, as well as their proper execution. Such security measures are necessary in order to eliminate all possible means of deception, as well as to increase the level of trust between the parties to the Treaty.
Features Of BitcoinBing
As for the key features of this project, it includes the so-called Bing token, which is considered a zero trading fee within this platform. This token will be used by users at the time of payment, acting as a kind of Commission for the transaction. In addition, for the convenience of transactions, the development team intends to offer its users to exchange a large number of cryptocurrency and Fiat pairs. That will allow you to quickly and efficiently perform multiple transactions at the same time.
Another feature of BitcoinBing is the ability that is aimed at strengthening traders and their assets, warning about the possible risks associated with their investments. This built-in calculator allows you to quickly track the value of assets, in advance calculating the possible profit, which in turn is very necessary for traders to make any decision. This feature will make it easier for all traders to plan their strategies, while it helps to reduce risks and possible losses.
As you have already understood, the main priority of this platform is its security both for the user and for all payment and transaction operations. In addition to smart contracts, BitcoinBing intends to use the KYC system, so that all the information received would be able to resist any threat, loss or hacking of data. This once again confirms that BitcoinBing, important utmost safety of every participant of the network. Which I think is important.
As for the other positive qualities of this platform, you can get acquainted with them in more detail by studying Whitepaper.
Details ICO
As I wrote earlier, the internal token of the platform is Bing, which is based on the Ethereum Blockchain (ERC-20). In total, 150 million tokens will be available for sale, at an initial price of 0.50 USD for 1 Bing token. The minimum investment amount is 0.2 ETH. You can buy tokens both for ETH and BTC.
Conclusion
In conclusion, I would like to note that a strong team worked on this platform, which for more than one year honed all the subtleties and details of the work of its platform. As a result, they become one of the few who can make quick and high-quality translations. In addition, the project team managed to acquire a large number of partners, which is certainly a big plus. Therefore, I suggest you get acquainted with this project in more detail, looking at all the official resources of the project.
Official resources of the BitcoinBing project:
WEBSITE: https://www.bitcoinbing.io
TELEGRAM: https://t.me/bitcoinbing
TELEGRAM [CHANNEL]: https://t.me/bitcoinbing1
WHITEPAPER: https://www.bitcoinbing.io/bitcoin%20bing.pdf
ANN THREAD: https://bitcointalk.org/index.php?topic=5037403
FACEBOOK: https://www.facebook.com/Bitcoinbing-228650464472887/
TWITTER: https://twitter.com/BingBitcoin
LINKEDIN: https://www.linkedin.com/company/bitcoinbing
MEDIUM: https://www.medium.com/@bitcoinbing
REDDIT: https://www.reddit.com/user/BitcoinBing
INSTAGRAM: https://www.instagram.com/bitcoin.bing/
YOUTUBE: https://www.youtube.com/channel/UCaTG55raZfSnHOSRS4zNQ3A
AUTHORSHIP:
MY BITCOINTALK USERNAME: Wirrsht
MY BITCOINTALK PROFILE LINK: https://bitcointalk.org/index.php?action=profile;u=1975782
MY ETH ADDRESS: 0x9e6b28E53E9a614Acf0Cb423706F81bbB636EA88