The term cryptocurrency was increasingly discussed after the increase in various types of virtual money such as Bitcoin began to be in high demand as an investment because its value continued to fluctuate. This article will review the basic concepts of cryptocurrency, how the system works, facts related to the system, and what is trying to offer as a disruption in the financial business order.
Cryptocurrency exchange is a website where you can buy, sell, or exchange cryptocurrency with other digital currencies or traditional currencies such as US dollars or Euro.For those who want to trade professionally and have access to luxury trading tools, you may need to use exchange which requires you to verify your ID and open an account. If you only want to trade occasionally and directly, there are also platforms that you can use that don't require an account.
Exchange type
Trading Platform - This is a website that connects buyers and sellers and takes fees from each transaction.
Direct Trade - This platform offers direct person-to-person trading where individuals from various countries can exchange currencies. Direct trade exchanges do not have a fixed market price, on the contrary, each seller sets their own exchange rate.
Broker - This is a website that anyone can visit to buy cryptocurrency at a price determined by the broker. Cryptocurrency brokers are similar to foreign exchange dealers.
BITZINEX is a new exchange with services that are easy to trade, send and receive cryptos, BITZINEX offers the best solutions for traders, easy-to-use features and low trading costs, BITZINEX is equipped with a decentralized wallet, which supports thousands of cryptocurrency.
BITZINEX is built on highly efficient memory matching technology, capable of maintaining an order value of around 1.8 million / second. This guarantees NO delay on your transaction. With our 24/7 support that is actively operating to fulfill all requests sent, it provides its users with advanced services of digital asset transactions and exchanges. Its advanced crypto platform offers high security, comfort and a user-friendly experience.
Bitzinex team members are professionals who have been in the financial industry for a long time, trading on traditional and crypto exchanges. The team has worked and operated on a number of exchanges, coming together to install platforms, having obtained a network of partners in the industry who are the main contributors to the exchange trajectory. This project is fully funded, and has never been a fundraising document, with strategic keynotes and executions.
Workflow Background
In connection with the long-successful cryptocurrency trading experience, the founder of BITZINEX Exchange analyzes the main challenges with user experience on existing exchanges. With this as a breastplate, this exchange has been designed from the ground up to offer a well-known user experience for both inexperienced and experienced traders. Two usage modes are available:
Light Mode
An easy user experience for newcomers in the cryptocurrency world is something that is lacking in most exchanges. The trading page is full of fairly complicated order books, lots of scroll numbers, and sequence charts. For most professional traders who know what all the numbers mean, this is fine, but for a novice trader, someone with no experience might cause them to stop frustrated. Lite mode tends to treat such inconveniences providing a simple user experience for novice traders who need an easy-to-use interface. Simple order types, easy fund deposits, and vice versa, purchases and sales are just a click away.
Expert Mode (pending development)
This is the most attractive offer we tend to launch, expert mode guarantees the breadth of functionality needed to help professional traders. Detailed and easily accessible charts allow professionals to view historical market data in great detail. Encourage direct trading and ticker data on streaming forms and layouts. Giving expert traders the total control they need for their markets. Our exchanges have been designed to optimize flow, allow traders to enter, have a view of what they need quickly, directly access the markets they are interested in, and carry out the desired trades.
the features
Bitzinex, tends to follow the chronology of its operations, to help offer the best service to their users.
- Private sales / public sales
- Virtual trading
- Real time trading
- Yes
- Decentralized ecosystems in the future
- And much more…
Personal Sales: Bitzinex offers private participants to investors who are interested in generating real-time income and receiving exceptional bonuses. Personal sales require at least $ 100 Binex Coin purchases because they provide leverage for all bonus experiences on the exchange.
Virtual trading: Virtual trading proposals are proposed to demonstrate the transparency of the Bitzinex platform and to help build a community of income traders. Virtual trading is available for all investors involved in personal selling.
Real-time trading: Enhanced trading is open to the public because anyone who has access to Binex coins through promotions / purchases means that they can trade and exchange tokens for coins of their choice.
ICO (Public Sales): Occurs in BTC and ETH on the exchange platform. And open to participants who are interested in the whole world. ICOs will be offered on a first come, first served basis until all tokens allocated for ICO are available.
Bitzinex from the beginning will support several coins and pairs for trading purposes:
- BTC
- ETH
- USDT
- BNEX (Bitzinex coin)
- Bitzinex Coin (Binex)
- Bitzinex Coins (binex) are the original run on the Etheruem blockchain ERC20,
- with 400 million coins that cannot be reissued.
Bonus:
Bitzinex will also offer bonuses to users in the following ways;
- Binex-coin holder
- Referral bonus.
- Future innovation.
Bitzinex initially offered coins would take place in the following scheme;
- First phase: 50%
- Second Phase: 35%
- Third Phase: 15%
ALLOCATION TOKEN
- PUBLIC & PERSONAL SALES: 62.5%
- TEAM & ADVISORY: 7.5%
- MARKETING: 5%
- TRADE COMPETITION: 12.5%
- BOUNTY & AIRDROP: 3%
- TECHNICAL DEVELOPMENT: 3.75%
- ECOSYSTEM DEVELOPMENT: 3.75%
- BACKUP: 2%
ROAD PROJECT.
Q1 2018
Concept development
Q2 2018
Team formation
Q3 2018
Development of business models
Q4 2018
White paper arrangement
Q1 2019
Development of the Bitzinex Exchange
Q2 2019
Start with a marketing campaign
Q3 2019
Smart contract / partnership
Q4 2019
Token Sales
Q1 2020
Exchange Testing
Q2 2020
Exchange Launch
Q3 2020
Register / Exchange Crypto
Q4 2020
Cellular Application
Q1 2021
Decentralized exchange
BITZINEX Exchange.
The company and its partners intend to operate in full compliance with applicable laws and regulations and obtain the necessary conditions (licenses and approvals). The platform development and features of all the initiatives described in this whitepaper are not guaranteed. Regulatory licenses and / or regulatory approvals are requested in a number of relevant jurisdictions where relevant activities can occur. It is impossible to guarantee, and no one makes a guarantee, that the license or agreement will be obtained within a different time period or at all. This means that the initiatives described in this white paper may not be available in certain markets, or not at all. This can require the reorganization of these initiatives and / or the unavailability of all or certain items. In addition, the development of any initiative is intended to be implemented instages. If this entity no longer has the correct license in the relevant jurisdiction, this will have an impact on the Company's ability to rely on the services of those parties.
For more information, click the link below:
- Website: https://bitzinex.com/
- Whitepaper: https://bitzinex.com/BITZINEX.pdf
- Telegram: https://t.me/bitzinex
- Facebook: https://www.facebook.com/bitzinex
- Twitter: https://twitter.com/bitzinex
Author: Mikdad1018
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=2343017
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