HiBTC - Shared digital asset trading platform - Short term! More reward!

byron-hazard (50)in #bitcoin • 6 years ago

Hello World Crypto today saa would like to introduce a Trading Platforms coated with the ICO.

HiBTC is a trading platform that offers a wide range of advantages and comfort for each user.

HiBTC initiated by the crypto world experts, they create a variety of new breakthroughs and cutting edge where it does not belong to the trading platform in General.

How not, HiBTC is an online trading platform, the right place to invest and mining.

Let's see what are the advantages we joined HiBTC

SAFE

Safety of the users’ digital assets is our top priority. HiBTC collaborates with top security companies, examining the pla$orm codes and se'ng up mul!-layer firewalls before the pla$orm is put into use, and a"er its launch, using mul!-signature and cold/hot wallet separa!on to place over 90% assets in the cold wallet as so to maximize the security of user assets.

EFFICIENT

HiBTC provides users with a financial-grade transaction framework, which uses an advanced memory coupling algorithm to handle 2 million transactions per second; meanwhile, the securi!es-level API interface supports professional trading instruc!ons such as high-frequency, GTT, GTC, FOK and ICO, providing extensive technical support for professional investors

RISK CONTROL

The risk of single digital currency spot transaction is uncontrollable, and the professional investors are unable to reduce the risk effec!vely. Based on the digital currency spot transaction, HiBTC will further introduce the financial deriva!ves with digital currency as target, including but not limited to forward contract, op!on contract, future contract and token financing, providing the professional investors with rich and effec!ve risk hedging instruments.

Three aspects above very interesting and guarantee security for each user to privacy issues or matters related to the security of the platform.

TRANSACTION MINING

HiBTC adopts the “transaction + token holding” mining model， under which 50% of the HiBTC Token (HIBT) is rewarded to users through transaction processing fee mining. Every !me a user par!cipates in a transaction with HiBTC, a transaction processing fee is generated, and then based on the HIBT held by the user and the market price of the processing fee paid by the user and the HIBT market price, HiBTC calculates the number of rewarded HIBT the user should receive according to a propor!on and se&le and release the HIBT once per hour.

Number of HIBT mined in one transaction by the user = (Qi × Pi ÷ PHIBT) × α%

Wherein,

Qi stands for the number of processing fee paid;

Pi stands for the unit price of the processing fee paid at the time it is paid; PHIBT stands for the unit price of the HIBT at the time the processing fee is paid;

and α% stands for the proportion of the processing fee return the user enjoys at the time the processing fee is paid .

REVENUE SHARING

HiBTC promises to regularly allocate the pla$orm revenues to all HIBT holders and the remaining part will be used for platform operation.

At the last second of each hour, HiBTC will snapshot the HIBT holding status of all users and calculate the dividend distribu!on scheme according to the pla$orm revenues within that hour and the ra!o of HIBT held by each user. The daily accumulated dividends will be released the next day.

In order to encourage money holding users for long !me, HiBTC will introduce a “Dividend Bonus Program”. Users can voluntarily join the program with part or all of the HIBT it holds. The HIBT joining the program will be locked as required, which will enjoy different propor!ons of dividend bonus. The longer the lock up period is, the higher the proportion of excess bonus is!

World’s First

“Holder Shared Fund”

Of the HIBT issued by HiBTC, 1 billion 800 million will be allocated to the "Money Holder sharing fund", (which is thawed according to the propor!on of mining output). and the fund account will be made publicly to all users right a"er the pla$orm is put into use. The HIBT unlocked in the account will be 100% locked in the fund account un!l the mining is finished and won’t flow into the secondary market. This part of HIBT dividends will be used to repurchase secondary market HIBT. HIBT got by purchasing will be locked in the fund account, too. When the mining is finished, all assets in the Holder Shared Fund Account, including HIBT and dividends, will completely belong to all the HIBT holders, and the specific disposal plan will be published in !me a"er the mining is finished.

INNOVATIVE “1+1” CURRENCY

LISTING MODE

HiBTC introduces the world’s first “1+1” currency listing dual-channel mode, which completely abandons the traditional fee-based currency listng mode. The “1+1” currency listing dual-channel mode includes a platform selection channel and a HIBT holder recommendation channel.

The platform selection channel requires the applicant hold and lock on HiBTC a certain quantity or proportion of HIBT as the “investor protection fund” during the currency listing period, which is not unlockable during the listing period. In case of any counterfeiting or fraud by the lister during the listing period, which causes significant losses to the investors, the investor protecHon fund will be paid to related investors.

The other currency listing channel is that HIBT holders recommendate channel of listing. If HIBT exceeds a certain amount, users can initiate the recommendation of currencies. Once the recommended support rate reaches the platform’s requirements, the platform will issue an inviting currency to the project side. We hope that“1+1” mode can break the plight of the users choosing from limited choices and remove the short-term interest binding so that the users can take the initiative to decide what they need.

RIGHT SHARING

HiBTC discards the traditional centralized structure of a “firm” and there is no board of directors or management, just the founding team responsible for providing technical support for the platform operation. the right to make decisions on major issues, income rights, the right to elect community representatives, etc.which will be fully returned to HIBT holders.

Transparent and Orderly

HiBTC will publicize all data related to user interests on a real-time or regular basis, including but not limited to platform transac!on data, income data, mining data, and voting data, which shall be queryable, traceable and verifiable. We are really prac!cing transparency, fairness and honesty.

How is HIBT generated?

HIBT is divided into three parts: "mining part", "thawing part" and "early putting part”.

Among them:

Mine part: the user participates in the transaction, produces the transaction fee, HiBTC according to each user's HIBT money holding situation and the fee of payment and the market price of HIBT, according to diﬀerent proportions, the amount of the HIBT reward should be obtained, and each hour is sealed. The specific mining rules are shown in the previous article.

To thaw part: in order to ensure fairness, the parts were frozen in advance, and then released according to the propor!on of HIBT excavated from the excavated part. HiBTC released by thawing=HIBT of mining output*43%/50%

Early release part: in order to ensure market stability, 5% of HIBT will be gradually put to the cornerstone investors a"er 6 months on the platform, and HIBT that don’t put into market will be locked out as non tradable currency on the platform and not participating in the dividend; 2% is used for marketing, HIBT that don’t give to the par!cipants of the promotion activities, and is also locked as a non tradable currency on the platform, not participate in dividends.

Very clear and transparent, here is the schedule of the program from HiBTC

What rights do HIBT holders enjoy

HIBT is a proof of rights and interests in the HiBTC trading platform.In addition to the distribution of income, the holders also have the right to make joint decisions in the business affairs.

Distribution of income :

Trading platform income is allocated to holders on a fixed basis.More than 40% allocated to HIBT holders, participate in the excess bonus program and enjoy higher bonus.

Participate in decision-making :

Holders vote through smart contracts to participate in major business decisions.The scope of the decision includes transaction categories, fees etc.

How to Get

Trans is Mining, transaction fee is converted into HIBT and returned to trading users (only valid for real-identity users).

「Transaction + Token holding」 mining model description

Trading as Mining Description

50% of HIBTC Token(HIBT) is rewarded to users through trading process. Users will get an amount of HIBT when they are trading on HIBTC Exchange. Every time when a user paid trading commission, HIBTC will reward he/she an amount of HIBT. There are three factors decided how many HIBT can a user get. One is the trading commission paid, another is the current price of HIBT, the last one is the rate of fee return (a%).For an example, when John buy 1,000 Bitcoin(BTC) on HIBTC, HIBTC will charge a 0.1% fee, which in this case will be 1 Bitcoin. When HIBTC received the commission fee which would happened instantly after John finish the trade, HIBTC will reward John with 1 Bitcoin worth of HIBT, if the rate of fee return (a%) is 100%. This reward will be release every one hour.

Preparations:

‘Trading as Mining’ is only for valid for real-identity users, please complete identity verification.

‘Mining’ Formula

Number of HIBTs mined in one transaction by the user =(Qi ×Pi ÷PHIBT)×α%Wherein,

Qi stands for the number of processing fee paid;

Pi stands for the unit price of the processing fee paid at the time it is paid;

PHIBT stands for the unit price of the HIBT at the time the processing fee is paid;

α% stands for the proportion of the processing fee return the user enjoys at the time the processing fee is paid

Users can increase their miner grades by increasing the HIBT holding balance, the higher grade miners will get a higher rate of fee return (a%) and the upper limit of mining per hour.To maintain a long-term and steady development of the platform, HIBTC will limit the hourly mining quantity for each account.Users can increase their miner grade by increasing the HIBT "money holding", and high grade miners will get a higher rate of fee return (a%) and the upper limit of mining per hour.

Invitation rewards:

If users invite friends, they can get extra rewards:Friend invitation rewardsFriends can use your exclusive invitation link to register, or register on the registration page after filling in your invitation code. You can additionally receive a proportion of HIBT bonus for your friends' mining output.You can also get an amount of your friends’ ‘mining’.The mining HIBT will be released every one hour.

Buy at the trading center and holding

So what are you waiting for more, immediately register yourself and take advantage of multiple HIBTC. Click Link Below :

HiBTC Contact

Website: http://www.hibtc.com/
Twitter: https://twitter.com/HiBTCExchange
Telegram: https://t.me/www_HiBTC_com1 & https://t.me/www_HiBTC_com2
Whitepaper: https://www.hibtc.com/om/about/en-us/whitepaper.pdf
Bitcointalk Forum : https://bitcointalk.org/index.php?topic=5016151.0

Username : sazonk
Bitcointalk Profile Link : https://bitcointalk.org/index.php?action=profile;u=402414
Ethereum Address :0x649cf4C11C1e86B959dD6F4C22511D5b05AD2F77

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