HiBTC ( HIBT ) – Transparent and Reliable Exchange Platform

imbitz (32)in #exchange • 6 years ago

Many of us are already familiar with the concept of the crypto currency, and with the opportunities that it represents. For some, this is an asset that in the long run will give a good profit, for others it is a good tool for earning on trading. It is for a professional trader, as well as for a beginner, that a very important moment is the competent application of all available instruments for the trading. An important factor in this is the choice of the exchange for trade. In this review, I would like to share the stock exchange, which has a fairly good set of tools for trading, as well as provides good opportunities for each trader in dealing with their trading strategies. The project is called HiBTC

How Does the Platform Work ?

First of all, using the new design concept and advanced technologies, HiBTC will provide a safe, efficient and convenient platform for digital assets trading for all participants. In HiBTC, regardless of the size of the transaction, each participant can effectively achieve investment goals without worrying about protecting personal privacy or the safety of digital assets. In addition, a professional financial unit will provide investors with rich hedging tools for risks and choice of investment targets. Secondly, HiBTC strives to create a fully transparent, fair and joint investment environment. The HiBTC token (HIBT) is the only token released by the HiBTC platform. This token will act not only as a digital asset and will also provide each user with many rights within the HiBTC platform

What Do They Promise to Users ?

HiBTC promises to regularly distribute platform revenues to all HIBT owners. At the same time, the project will use the "transaction + token" mining model ("proof of validity of time + proof of fairness"), and 50% of the issued HIBT will be rewarded to users by processing transaction payments. In addition, HiBTC will also present a "Dividend Bonus Program". Users can voluntarily join the program by using part or all of the HIBT tokens that they hold, and in addition to the main dividends they will use various additional bonuses. Thus, when the user makes any transactions on the platform, in addition to receiving the target assets, he can also receive [base dividends generated + using the HIBT + + dividend bonus]. All the above data on mining and dividends will be published in real time and will be really transparent and accessible. In addition to the equity attribute, the HIBT asset attribute is also important. The stability of the price of HIBT directly affects the enthusiasm of users to participate in transactions on the HiBTC platform. To ensure the stable and reliable development of HiBTC, we will make the public account "General Fund Holder" publicly available to all users immediately after using the platform. HIBT, which is stored in the account, will be blocked 100% in the fund account, While production is not completed and will not enter the secondary market. Dividends used by these HIBTs will first be used to pay the dividend bonus received in the Dividend Bonus Program, and the rest will be used to buy out HIBT on the secondary market, which will also be blocked on the fund's account. When the production is completed, all the assets on the Owner's General Fund Account, including HIBT and dividends, will be wholly owned by all HIBT holders, and a further plan will be made public within the time after production is completed

What is the Project Goal ?

HiBTC hopes to overcome the barriers of information asymmetry between shareholders and management, as well as between companies and users in accordance with the traditional "proprietary" model and create a joint and distributed organizational structure so that every HIBT owner has the right to participate in making business decisions of the platform. HiBTC presents the world's first "1 + 1" currency exchange with a two-channel mode that abandons the traditional currency transfer mode and opens the channel of recommendations for the HIBT holder. Transaction Fee 0.1% of the commission, deducted from the assets received after the transaction. Every time a user participates in a transaction with HiBTC, a transaction commission is generated. HiBTC transfers the amount of HIBT rewards that it must receive, based on the market price of the transaction commission and the market price of the HIBT, and pays the payment daily. In accordance with the "transaction + token" mining model, 50% of the HIBT (HiBTC token) is rewarded to users by processing transaction processing fees. Owners of HIBT also use the distribution of income and the right to make decisions for joint participation in business matters

The Conclusion

The HiBTC project was strongly supported by the Vietnamese community, probably because of the huge support of the foundation. Each trading platform has its advantages and disadvantages, based on the above analysis which is a plus point, at the moment, the HIBTC project is planning various events. The high level of dividends is interesting because it allows us to use the system of dividends in excess. In addition, the entrance to the HIBTC has lower entry barriers than other coins, it is very convenient and useful

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