BINTEX FUTURES EXCHANGE AND ITS PRODUCTS

in bintex •  4 years ago 

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Cryptocurrency Exchanges is one of the innovations brought about by cryptocurrency and blockchain technology. They are platforms that allow crypto users to exchange one cryptocurrency for another, they allow the buying and selling of coins, and others allow the exchange of Fiat money into cryptocurrency. Today, crypto users find it hard to choose between using The Centralized Exchanges (CEX) or The Decentralized Exchanges (DEX) to perform their transactions.

The Centralized Exchanges are exchanges where user assets are controlled by the exchange and they offer fast and seamless transactions since deposits are done outside the blockchain. But these exchanges face the problem of insecurity, high transaction fees, and price manipulation. While on the other hand, Decentralized Exchanges give the users control over their assets. But they face the problems of slow transaction speed, low liquidity, low volume, poor user interface and experience, limited trading cryptocurrency types, etc.

Today, crypto users don't have to keep up with this decision of which exchange to use, because Bintex Futures is offering an exchange that offers the full decentralization and security advantages of the Decentralized exchanges and the speed and convenience of the Centralized exchange to boost user's experience.

AN INSIGHT INTO THE BINTEX FUTURES EXCHANGE
Bintex Futures is a new revolutionary cryptocurrency exchange that has been set up to solve the issues facing the centralized and decentralized exchanges, by providing a user-friendly exchange with the speed of the centralized exchange and the security protocols of the decentralized exchanges. Bintex is built to be a decentralized trading system that unifies and brings about productive handy applications.

It will be an exchange where users have control over their assets as well as give them the ability to trade freely and seamlessly to make extra profits.

WHAT SETS BINTEX FEATURES EXCHANGE APART?

  • Security is one of the first aspects any platform should have to ensure the safety of its user's assets. Many crypto exchanges have fallen due to cyber attacks.

That is why Bintex Futures is making the platform's security its top priority. The platform is integrated with different layered security protocols including unparalleled server-side security, algorithms that protect against phishing and DDoS threats, etc.

  • Matching Engines are provided on the Bintex Futures exchange that can sustain up to 1.5 Million orders per second.

This will make Bintex Futures rank among the top fastest cryptocurrency exchanges.

  • In order to attract users to their exchanges, some crypto platforms often claim high liquidity, and users are often attracted to shallow order books as these can also contribute to multiple risk factors, order failures, etc. Attracting investors and users to a new exchange is tedious, that is why the Bintex Futures team has created the Smart BNTX token that can improve the liquidity of the platform and will play a very important role in maintaining liquidity when trading with multiple coins.

The Bintex Futures team makes available the trading of tokens on many kinds of tradable goods, like; real-estate, commodity, etc. This will also help boost the platform's liquidity.

  • The Bintex features exchange also has a reliable team led by SIVASHANKARA GA.(Founder & CEO), and being a team that is passionate about decentralization and offering better products, they saw that the current decentralized eco-system lacks usability and convenience and that decentralized transactions are slow, expensive and complex.

This brought Bintex to play with the aim of changing the foundation of a decentralized trading system to a unified and productive system that will meet handy applications. They have constructed an economy that is totally decentralized with a productive exchange within the blockchain. This won't just empower clients to take control over their crypto assets but also, they can freely trade and make extra profits.

PRODUCTS OF BINTEX FUTURES

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Bintex Token: The BNTX is the official token of the Bintex Futures exchange, it is an ERC20 Ethereum Token. All users on the exchange must own the token to participate in the platform's governance.

Bintex Pay Wallet
The Bintex Pay wallet is the private wallet of every user in the exchange, it will be used by users to store their assets. Every User in the exchange has this private wallet to access their assets, this wallet will provide the user with blockchain addresses for each asset and every single user on the Bintex exchange will be provided with an individual address for each type of asset the store.

Bintex Pay Card
The Bintex Pay Chip Card will be used by users to access available Bintex Token in the wallet. Users will be able to use these cards on a payment gateway to pay bills, reload, shop, etc.
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CONCLUSION
Bintex Futures Multi-Functional Exchange provides a secured platform for the seamless trade of cryptocurrencies, as well as the Bintex Pay Card in which cryptocurrency users can use to pay for their day-to-day activities using BNTX Token.

For the first time in the crypto industry, traders are going to enjoy real-time futures trading with an instant, on-chain ecosystem, without long delays of transactions, high cost, and other setbacks they face during transactions. Because Bintex offers A Truly Decentralized Exchange.

For more information, follow the links below;
WEBSITE - https://bintexfutures.com
✍️FACEBOOK - https://www.facebook.com/bintexfutures2019/
✍️LINKEDIN - https://www.linkedin.com/company/bintexfutures/
✍️TWITTER - https://twitter.com/Bintexfutures
✍️TELEGRAM - https://t.me/bintexfutures_chat
✍️REDDIT - https://www.reddit.com/user/BintexFutures
✍️YOUTUBE - https://www.youtube.com/channel/UCTZsygYwafZdx0CsVKcyuWw
✍️INSTAGRAM - https://www.instagram.com/bintexfutures/
✍️WHITEPAPER - https://bintexfutures.com/Bintexfutures%20white%20paper%20V%201.0.pdf

AUTHOR’S DETAILS
Bitcointalk Username- Vunchan
Bitcointalk Profile link- https://bitcointalk.org/index.php?action=profile;u=2774784

POA : https://bitcointalk.org/index.php?topic=5280276.msg55774565#msg55774565

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