What Is Bixtrim?
BIXTRIM is a blockchain-based multi-functional financial platform that will incorporate all the necessary cryptocurrency market features, products and services. Today, the Crypto currency market has a fairly narrow specialization for a small group of people, and since the market is still only at the development stage, there are a number of problems that impede this broader market. I will consider five reasons why I believe that Bixtrim will be able to solve this problem and have every chance to become a leading company in this industry. Their advanced global platform will look to accommodate the advent crypto market fans who are looking to use the innovation to their advantage. To enable this, BIXTRIM will use their native cryptocurrency to allow anyone to participate by becoming a BMX token holder.
Problems and Bixtrim Solutions
Problem Solution
Slow cash out of cryptocurrency - In partnership with one of the leading microfinance organization in Georgia and member of bixtrim holding, customers will be able to cash out cryptocurrencies in minutes at their cash desks. Bixtrim will use the network of service centers, allowing easy access to any interested parties.Bixtrim will use accounts in various banks, to support as many modern money transfer methods,as possible (ex: SEPA)to make transfers quick. Through bixtrim account network bixtrim will find the fastest track to your bank account.
Potential loss of profit for coin owners - Bixtrim will develop a crypto pawn shop where coin owners can pawn them for a period of time and get them back after paying off the commitment. This possibility gives customers an opportunity to keep coins, as well as get the needed cash for a short-term and profit in a long term.Imagine a customer that has one coin which is worth $ 10.0K today. They need extra appliances to work out the additional cryptocurrency, so they decide to pawn the coin for 80% of its price, i.e. $8.0K. They use cash to expand mining, earn money and after a month pay off the pawn for $8.4K. By this time, the price of coin has risen to $20.0K. If they exchange the coin into cash they will get $9.6K profit from the transaction. Please note, that actual rates may vary.
No possibility to trade on a predetermined date - bixtrim will develop an exclusive feature - futures contracts on Bixtrim platform supporting pre-defined date of transactions. Every user of platform will be able to use this feature and trade/play with ease. All the coins traded on Bixtrim platform will have futures support. While buyers/sellers are anonymous and the agreement between them will not be legally binding Bixtrim platform will serve as a guarantee and freeze some amounts of money for both parties.Imagine, a coin with current price of $1000. Customer X assumes that the price of coin will increase in a month from $1000 to $1200, while customer Y thinks it will decrease to $800. They agree to make transaction on predetermined date, after a month and Bixtrim platform freezes guaranteed amounts from both parties. On agreed date, the winner party will get the profit and the loser will pay off all the liabilities.
Limited number and slow timing of transaction - Bixtrim will issue a global cryptocurrency, with the ability to process at least 100K transactions a second. With such technology, multitude of transactions can be processed per second around the globe. Bixtrim’s coin will serve as catalyst connecting crypto market to retail market.
Single-factor authentication - Bixtrim’s new coin will have the feature of multi-factor authentication. The feature will be developed according to the standards/best practices used in banking sector, which has been tested through time.This innovative approach will decrease the risk of theft almost to zero, because even in the worst case of any exchange platform being hacked, nobody will not be able to perform unauthorized transfers of Bixtrim coins. Bixtrim platform users will be able to choose between simplified and multifactor authentication methods.For instance, millions of dollars worth of coins have been stolen from different companies, because they had only the private key security system. While operations with Bixtrim coins may be protected with multi-factor authentication and any potential risk of theft will be eliminated.
Why Bixtrim
An existing platform- BITRIM prides itself of having launched their project 2017. The concept was the brainchild of experts and professionals from the community of blockchain and financial experts.
Get to join in on the blockchain industry- With cryptocurrency gaining popularity, there is plenty of applications to the financial sector. BIXTRIM is an example of a like-minded approach brings revolutionary ideas
A dynamic professional team- BIXTRIM brings a significant advantage regarding the diversity of their development team. The BIXTRIM team comprises of mixed professionals of different ages, experience, and gender.
BIXTRIM LISTED ON
MY CONCLUSION
They do have a good team behind them, and the financial aspect of the ICO is straightforward enough The BIXTRIM ICO is a slightly familiar concept that is gaining traction in the blockchain industry. While the idea might seem appealing, an obvious hurdle is getting the micro-finance institutions or banks to work with cryptocurrency. Overall, the legal barrier does present a challenge for BIXTRIM, and it is hard to see if the platform can achieve what it intends to do. bixtrim project looks very advanced but is quite in early stages at the moment . It could turn out to be one of the most promising projects of 2018 and
IF YOU INTERSTED IN BIXTRIM PLATFORM HERE IS SOME IMPORTANT DETAILS
ICO Dates
Start- 1st June 2018
End- 31st August 2018
Token Information
Ticker- BXM
Platform- Ethereum
Type- ERC20
Accepting- BTC, LTC, ETH, Fiat
Minimum investment- 30 BXM
Token Distribution Plan
Regular sales- 63.6%
Referral bonuses- 9.1%
Team- 16.5%
For more details
Website: https://www.bixtrim.com/en/
Whitepaper: https://www.bixtrim.com/assets/pdf/whitepaper-en.pdf
Telegram: https://t.me/bixtrimru
Author
https://bitcointalk.org/index.php?action=profile;u=1715436