HiBTC What is HiBTC? Learn new trading floor in 8/2018

barbares (25)in #ico • 6 years ago

Although the electronic money market has consistently fallen sharply, compared to its potential in the future, capitalization is now a grain of sand. Therefore, taking advantage of the current time, many trading floors have been born to prepare for the market share war coming. Among them, HiBTC

What is HiBTC?

First of all, you note to help yourself is HiBTC, not the HitBTC has been released so long offline. About HiBTC, this is a very new trading platform, and just launched around early August/2018. Like the recent general trend of the new floor, HiBTC also goes in the direction of trading as mining, and divides the profits for those who own the tokens of the floor. Some of the highlights are CoinEX, BTCC, IDCM, Bgogo, etc. Although it looks like Ponzi, this is a great way to attract users, and improve liquidity. Moreover, this model not only helps the floor but also benefits investors, if the floor has a large trading volume.

On the site, HiBTC has not yet published specific information about the founding team, and its headquarters. However, if you read through Section 4 of the Terms of Service, you think that the floor was established in Hong Kong because of the mention of the Monetary Authority, and Hong Kong Customs. Assuming it is true, it is not surprising that most of the floors are based in this city. Notably, HiBTC claims that they are backed by the Ceyuan Digital Assets Foundation, and is one of Cybermiles’ strategic partners. Accordingly, the tokens that run on the CMT network are highly likely to be listed on the floor.

At present, the floor supports only 6 electronic currencies namely BTC, ETH, LTC, BCH, USDT and HIBTC, CMT, USE, soon more coin other

According to information on the website, HIBT is the only private currency issued by HiBTC, evidence of the floor. Specifically, it will be issued under the principle of “trading as mining”, invite friends and will stop until it reaches 10 billion tokens. HiBTC will divide its earnings to HIBT holders. At the same time, the owners also have the right to participate in important decisions and management areas, including listing new tokens, transaction fees … In addition, the floor also plans to “ “ Users can voluntarily take part or all of the HIBT lock on the floor and enjoy over-rate sharing with different rates. The longer the lock time, the higher the divide rate.

How to distribute tokens:

50%: refund of transaction fee

18%: Holders of tokens: buy Hibtc and hold

25%: founding team and strategic partner

5%: investor platform

2%: market expansion Currently

Currently, to attract trading money on the floor, HiBTC has opened many different incentive programs, you follow the site and earn attractive gifts offline

The floor has a lot of bonuses

Dividend Bonus

Platform revenue is distributed to HIBT holders.

Bonus you earn = Platform Revenue * ratio * (Number of HIBT you have / current circulation of HIBT)

Calculated once per hour. At the following day, the amount accumulated yesterday 24 hours will be issued to the user’s wallet.

Now add: FomoHIBT

HiBTC will set up a prize pool growing in size along with the exchanges growing incomes. HiBTC shall put the 100% of the daily dividend of the account “Holder Shared Fund” into the bonus pool, every day before someone trigger the price. Once the pool is triggered, the HIBTs trading contributors of the day will be distributed all prize in the pool.

Make sure you've bookmarked this page because there have been many cases of phishing scamming the actual site. In addition, you should also check the link and security certificate to authenticate your site. Currently, HiBTC supports many languages: English, Chinese, Japanese, Korean, and Vietnamese.

Conclude

Here is the article introducing HiBTC floor. Although the floor has been launched, the floor has been strongly supported by the Vietnamese community, probably because of the huge fund backing. Each trading platform has its own advantages and disadvantages, based on the above analysis, you should study carefully before deciding to invest. In particular, never put all the capital into a “basket”.

My article contains a lot of personal thoughts, so if you want more accurate information, please check the following link.

Homepage address https://www.hibtc.com/#/act/homepage

White Address Book https://www.hibtc.com/om/about/ko/whitepaper.pdf

Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1047622