HiBtc - Exchange overview and the fomobtc competition
Normally, i make reviews about icos and blockchain projects but today i wanna talk about a unique project which is an exchange for trading cryptocurrencies. -HiBTC
I do not want you to be confused with the known HitBtc. HiBtc started not so long ago, and in mid-August 2018, in fact less than a month ago. HiBtc is precisely the stock exchange for trading with Crypto-currency pairs and Fiat, but its main feature is that it is built on blockchain technology.
And now let's talk about what this gives in practice.
The first thing that comes to mind is security. So it is, as the developers assure, it was the security factor that stood in the first place with them. For no one will be the news that in 2018 a lot of exchanges suffered because of low security, and users lost their savings in a matter of minutes. Whatever this happens, HiBtc decided to start working with the world's leading security companies on the Internet. And they came to the decision to use multi-layer firewalls, multitasking and cold wallets to fully protect the assets of their users.
Not an unimportant factor is efficiency, and now I explain what I mean. In the concept of efficiency, I'm putting in exactly the transaction mechanism, which is listed on the HiBtc exchange, just about 2 million transactions per second are processed, txn is the absolute record among the decentralized exchanges. And the API interface allows you to support many high-frequency trading instructions, such as GTT, GTC, FOK, ICO. It is due to this support that HiBtc becomes an excellent tool for many professional investors, and not only.
Since the HiBtc exchange is primarily a blockchain platform, it can not do without its tokens, and if there are tokens, then the miners are nearby. Therefore, the HiBtc team has developed a flexible system of employee remuneration that will decide to drop the HIBT token, will receive as much as 50% of the transaction, in the HIBT tokens.
And another advantage for HIBT token holders, the HiBtc exchange will regularly distribute platform revenues to all tokens holders. The process itself is automated and does not require the intervention of the board of directors or shareholder meetings, HIBT holders are full participants in all financial issues of the HiBtc platform, which can not but rejoice. In this all I see only the pluses and the exactness of the token itself, as getting passive payments for the fact that you just own the HIBT tokens, the first thing that comes to mind is that this will very well affect the course of the coin itself, create a general deficit, since selling its very few people want. At the time of writing this review (08.09.18), the rate of the HIBT token to bitcoin is 0.00002084 per one token or 0.1339 dollars apiece, while showing growth of 90% per week, while the market is in a downtrend.
Well, where does the blockchain platform without transparency, all the data on the interests of users, data on the platform transaction, income, coins, votes, etc.? can be requested or checked on the HiBtc main page. All data should be open, to exclude fraud, and speculation of coins on the exchange, this level of transparency may envy many exchanges from top 10 in terms of capitalization, as for me.
We discussed all the advantages of the exchange, so we managed to do it for this purpose, but there is much more that can be discussed, for example, the abundance of bonus systems from the HiBtc exchange. For example, now there is a competition for as much as $ 29 million, among the users of the exchange. The rules are simple, and for participation you need certain knowledge in trading and market behavior. The rules are the same, traders of HIBT tokens who go into the plus, that is, an entry on the exchange, say, $ 100 and bought a HIBT token for this amount, then sold it and deducted the difference, the one who has the most bonus points. When the price for a single HIBT token outweighs a certain price, the trigger will start, which will begin to determine the winners, according to the total points. Three participants will receive 50%, 20% 10% of the prize pool, the remaining 20% will be distributed among the rest. And such a system will be held in rounds, one after another. And the payment is made the next day on the purses of the HIBT exchange, by the way in the last round the guy will win, and earned 14957.41 US dollars for his purse, you will agree not badly.
So the time came for the withdrawal of all of the above, as for me this exchange is really made for glory, I slightly flaunted it and I liked the design, and somehow everything is intuitively clear unlike many exchanges. Plus, there are already 7 coins on the stock exchange such as BTC, ETH, LTC, BCH, these coins are traded in pair with USDT, there are also CMT, USE and, of course, HIBT, they are traded both with ETH, BTC and USDT. I will remind the exchange there is not even a month, but already has a full set of base coins, and adds new ones. I believe that HIBT will be already in the list of top 10 exchanges in a year, and it has everything to go there.
What is FomoHIBT?
HiBTC will set up a prize fund and grow with volume. HiBTC will place a 100% daily dividend of the "Shared Fund Owner" account on the bonus profile, every day before someone activates the price. Once bonuses are activated, HIBTs business contributors of the day will be distributed all the prizes in that fund.
Important links: -
Website: https://www.hibtc.com
Facebook: https://www.facebook.com/profile.php?id=100027855751559
Twitter: https://twitter.com/HiBTC_Exchange
Whitepaper: https: / /www.hibtc.com/om/about/en-us/whitepaper.pdf
Ann Thread: https://bitcointalk.org/index.php?topic=5016151.0
Telegram: https://t.me/www_HIBTC_com1