Introduction
The introduction of the blockchain technology disrupted many areas of human life. Along with it was the concept of digital money. Since the introduction of cryptocurrency, hundreds of cryptocurrency has been introduced. Holders of these cryptocurrency are usually faced with situations where they have to exchange a cryptocurrency for the other.
As more cryptos spring up, there arise the needs to have a suitable exchange system that can handle these digital currencies. While a few exchange services are already in place, they have some pretty major bad sides discussed below:
- Excessive fake operatives out to defraud unsuspecting users of their assets
- Quite a number of exchange are lagging in security, making them susceptible to hack
- Ridiculously high listing fees by exchange for new cryptos, making it nearly impossible for new ones to get listed
With the cons of the many exchanges available, HIBTC came as a savior to take care of the inadequacies.
Introducing HiBTC Exchange Platform
HiBTC is a new asset exchange platform to facilitate the exchange of cryptocurrencies. It will make this possible in s fair, transparent and reliable manner.
One of the major reasons for introducing the blockchain technology is present a credible and fair credit society. HiBTC team shared in this goal as well, this facilitated the naming of the platform Hi & BTC.
Due to partnership with various security firms, HiBTC will make the platform safe and free from hackers. Also, there are features like multi-layered firewalls, quarantine program and varieties of signatures targeted at maximizing security for traders and assets on the platform.
There will be a method of mining known as the “transaction + token” (“proof of time validity + proof of fairness”). Also, half of the HIBT tokens will be dedicated to rewarding users through the transaction payment processing.
FomoHIBT: Trading as FomoMining
There will be a price pool program growing in size just as the exchange’s income grows. All of the daily dividend of the account named “Holder Shared Fund” will go into the bonus pool. This will happen daily before the prize is triggered.
On making any transaction on the platform, the user will be able to obtain the target assets. In short, the user will be able to generate dividend bonus, the basic dividends and the mining generated HIBT. The entire mining and dividend data will be public information which will be truly accessible to all.
Also, HiBTC seeks to reduce the restriction of free information flow between management and shareholders, between companies and users with the traditional “firm” model. It will also come up with a shared and partnership form of organizational governing structure which puts the governing and decision power with each user (HIBT holder.)
HiBTC Exchange Platform: Features
There is complete security of assets on the platform. With the features and iron clad security put together by HiBTC, the system will be hack proof.
Users will enjoy very fast transaction on the platform. HiBTC stand apart from the many exchange available in that it is able to handle more than 2000 transaction per second.
Users and investors will enjoy technical support to offer assistance with any issue.
There are measures in place put together to reduce risk on the platform. Thus, HiBTC practically built safety into the platform.
HiBTC token and benefits to Users
The major token of the platform will be called HIBT with 10 billion HIBT tokens on circulation. Asides being the major token, it will stand for the interest of users of the HiBTC platform.
There are some privileges holders of HIBT tokens will enjoy:
- A smart voting system with which users will partake in decision making
- Fair share of revenues for all holders of the HIBT token.
- Lots and lots of features to ensure the security is top notch
- Ability to decide who the supervisors of the community are.
CONCLUSION
There are quite a lot of exchange systems available at the moment. HiBTC is coming as an upgrade that will address the downsides of the previous exchange system and also provide much benefit to users and investors.
Investors will be secured, have a friendly exchange on which they can increase revenue on and many more on the platform.
Thus, HIBTC is coming аѕ a ѕаviоr exchange ѕуѕtеm with аbundаnt bеnеfitѕ thаt uѕеrѕ and invеѕtоrѕ will dеrivе. Hence, еffiсiеnсу, security, thе safety оf infоrmаtiоn, trаnѕраrеnсу and revenue sharing аrе thе bаѕiс fеаturеѕ whiсh HIBTC will рrеѕеnt itѕ uѕеrѕ.
Resources
Website: https://www.hibtc.com
Whitepaper: https://www.hibtc.com/om/about/en-us/whitepaper.pdf
Twitter: https://twitter.com/HiBTC_Exchange
Telegram: https://t.me/www_HiBTC_com
AUTHOR: Miracle24
LINK: https://bitcointalk.org/index.php?action=profile;u=1231391