The use of digital tokens for payments is gaining more ground around the globe, despite its adoption still at infancy, many individuals, industries, corporations as well as enterprises are leveraging its potential to increase productivity within their ecosystems due to the design of the currency, the technology on which it is built and deployed, with the great features that allows it to function efficiently as a store of value and medium of exchange.
Cryptocurrency proffers decentralization, a characteristic which has for long threatened the world's financial institutions and complete financial freedom on the part of users. Also, it is more convenient to transact with digital tokens because one doesn't necessarily have to be physically present for transaction to be completed, besides, it eliminates the inconvenience encountered when utilizing fiat. Obviously no one wants the trouble of carrying cash around at all times.
Meanwhile, various crypto platforms in operation still possess some loopholes and laxities which hampers the adoption of these tokens, some of them include security issues, low liquidity, inefficiency, high cost of transaction, inadequate volume, centralization (as is the case of Binance, Kraken, Bitfinex, coinbase etc).
These issues totallly defeats the purpose and mentality of decentralization given to the world by Satoshi.
Now the question is, considering all these flaws mentioned above, what is the future of cryptocurrency?
Well, the answer is BINTEXFUTURES.
WHAT IS BINTEX FUTURES?
It is an innovative cryptocurrency platform which will combine the speed and convenience of centralized exchanges together with the security of decentralized trading platforms. In other words, it is a lovechild between centralized and decentralized platforms.
That means that the users of the system will benefit greatly as the system combines the intriguing features of the centralized and decentralized exchanges, eliminating the flaws confronting these systems.
This innovative substrate will support the trading of the BINTEX tokens and other cryptos, it intends to be a top of the chain cryptocurrency platform that is economical, unified and productive aimed at empowering participants have total control of their funds and assets and trade freely on the non custodial market, more so, it will serve as a base of operations for running decentralized applications in order to give users the best crypto experience.
Isn't that amazing?
Let's consider a few loopholes this platform is designed to fix within the cryptocurrency industry.
- The aspect of liquidity needs major improvement within the crypto industry seeing as it is important for the smooth trading of digital assets. Most times, common exchanges give out wrong liquidity information in order to attract investors, this brings diverse risk factors, order failures as well as opacity of transactions in those foundations.
The BINTEXFUTURES platforms will address this by introducing the bntx token to their exchange so users can convert their holding to bntx, also transaction fees will be charges and made payable with the bntx, to round it off, they will add more tokens to the platform for maximum liquidity.
The platform will also create a structure where users can resale honorable and genuine security tokens, this approach of selling security tokens on real estate, blockchain, commodities and other tradable wares will boost liquidity.
One of the major concerns of crypto users is the security of their assets, as they obviously are the main reason for their participation, this is why their is a 'security first' mentality on the substrate, BINTEXFUTURES has analysed various payloads used in both major and minor hack attempts in the past on other exchanges and have pinpointed the basic rules to follow in order to fortified itself against any unforeseen hack attempts. The substrate offers diverse security layers, like unparalleled server-side security, hardware wallet for storage and a highest level hedge against Ddos attacks.
All these and many more has made the Bintex Futures exchange to be superior and more reliable than the numerous futures exchanges flooding the cryptocurrency market.
THE TOKEN
For every crypto platform, it is rather basic to have a currency which would be utilized to facilitate functionality of the ecosystem.
The BNTX is the native digital currency of the BINTEXFUTURES platform, it is used for peer to peer transactions, transfer of value, incentives, and as transaction fee on the substrate. Holders of this token are eligible to the full privileges attached to the platform.
CONCLUSION
Centralization, liquidity and security issues as well as other laxities have overwhelmed most cryptocurrency platforms until the introduction of BINTEXFUTURES.
It is a substrate that combines the best features of both centralized and decentralized platforms to give users the best crypto experience. It trades on bntx token, integrate several cryptocurrency to generate the needed liquidity and also studied various payloads and vectors used to hack exchanges in the past and outlined various measures to fortify the platform against infiltrations.This is revolution at its peak.
USEFUL LINKS
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
AUTHORS DETAILS
Bitcointalk Username: Gopalwu
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2759913;sa=summary
POA: https://bitcointalk.org/index.php?topic=5280276.msg55780156#msg55780156