BCNEX - Problems and Solutions Offered
https://www.bcnex.net/?lang=en
The Problem
Blockchain hype has reached the ears of many people, attracting many people to find out more about cryptocurrency and technology behind it. Just a matter of time, as many people are aware of the potential of the blockchain, more people will invest in cryptocurrency. Investing in cryptocurrency can be done in exchange. Projects can list their projects in exchange, allowing people to choose and buy the cryptocurrency they want to invest or trade. In essence, the exchange has an important role in this new economy, both for projects and investors.
Unfortunately, most of the existing exchanges are currently experiencing some problems, such as architecture, security, liquidity, and customer service. If the exchange is already problematic, how do new investors jump in here? Of course, there will be fear, however small it may be. Then, how to connect new investors with this promising new technology? For this reason, many exchange projects have sprung up to answer and solve these problems, one of which is Bcnex.
The Solution
Bcnex is an exchange platform from Vietnam, which is customer-centered for trading blockchain-based digital assets. Bcnex is built on microservice architecture and is equipped with a safe asset storage model implemented by banks, ISP providers, and developed country governments. Bcnex is backed by experienced teams, developers and trading experts, offering global exchanges to solve the problems experienced by most exchanges in general. Here are the problems and solutions offered by Bcnex:
- Technical Architecture
Many exchanges are designed in the easiest way by teams without experience in finance, resulting in exchanges being overloaded and unable to process user requests when the number of users increases.
Bcnex is built on a microservice architecture to ensure scalability by adding physical servers when the system needs to handle a large number of customers and transactions. Bcnex is able to maintain stable service with uptime of up to 99.9%. In addition, all buy or sell orders are stored in high-performance queues. Bcnex is able to handle up to 2,000,000 trading orders per second through the use of the Bcnex Order Matching System (BCOMS).
- Security
Security is one of the most important features of exchange. Even Binance, the top crypto exchange, became a hacking victim, 40 million dollars were hacked from Binance.
Bcnex is designed with the highest security standards and checked regularly to prevent suspicious access to the system. Bcnex implements system security in multiple layers, including robust firewalls, anti-DoS tools, and user alerts. As an additional step of security, KYC and Google Authentication/SMS are required when the user takes any action related to the transaction. In addition, to maintain the security of user funds, Bcnex will combine a hot wallet, cold wallet and safe hardware. 98% of Bcnex's digital assets are stored in various cold wallets, completely separate from the Internet and immune from malicious attacks.
- Liquidity
Most cryptocurrency exchanges have a poor order book depth, causing high slippage when trading. To resolve this liquidity problem, Bcnex has collaborated with several trading platforms for business partners worldwide and has gathered a large network of partners in the industry.
- Customer Service
Bcnex is a user-centric exchange, this means that Bcnex prioritizes user experience on the platform. Bcnex will respond to user complaints quickly in many languages. After Bcnex is launched, support will be available in English and Vietnamese with Chinese, Korean, Japanese and other languages added gradually.
Currently, you can buy BCNX tokens with USDT and BTC. ICO ends in 19 days, 38.83% hardcap reached. For more information:
Website: https://www.bcnex.net/?lang=en
Whitepaper: https://www.bcnex.net/BCNEX_WP_ENG.html
Twitter: https://twitter.com/bcnex_net
Telegram: https://t.me/Bcnex_Official
BTT Author Link: https://bitcointalk.org/index.php?action=profile;u=2256570