The Most Recent Decentralized Exchange: BITNEX

in bntx •  4 years ago 

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Cryptocurrency is no longer what we knew it as. It has largely developed and extended its features to both centralized and decentralized platforms. The cryptocurrency industry seems perfect, but yet it is faced with bureaucracy. Most people complain of the processes that they have to go through when sending or receiving funds and also when going through procedures in order to confirm a transaction. They should try looking at the bright side of things by trying this recent decentralized exchange project called the

Bintex Futures.
Bintex Futures exchange project is a decentralized exchange project featuring current trading with a decentralized account. This exchange is different from the rest because of its high security. Bintex understands what it means to lose one's savings on a trusted platform, so it has joined hands with blockchain and its team to push the users security forward. It plans to take cryptocurrency to positions it hasn't been before.

Bintex Futures token
This token is the native currency of Bintex Futures exchange which is built on the Ethereum Blockchain. All the users of Bintex Futures exchange should hold the BNTX token in order to be involved in the exchange market which would also increase the value of BNTX. A token holder holding BNTX for a long time would be profited with the gains gotten from added values of the token with time. They can withdraw this profits whenever they want to without restrictions. Bintex collects transaction fees from traders just like how the centralized exchanges do, but in this case, their fees are cost effective and not as expensive like it is in the centralized exchanges. In order to increase the platform's income, a little amount of token is sold at token sales every year.

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Advantages of BNTX

  1. BNTX offers high liquidity to users through their various products on the platform such as BintexPAY Card and Wallet and by trading different coins. They perform a wide range of activities and has simplified processes for users.
  2. The decentralized platform carries out cheap and fast transactions which traders are attracted to. Users do not have to spend a lot of time waiting for the validation of their transactions, instead it becomes successful in just minutes.
  3. Trust is one feature on Bintex Futures that has kept the platform going forward even in just little time of introduction. Because of the way Bintex has proved to users to keep their investments safe, the users trust whatever process implemented by Bintex.
  4. Users love the Bintex platform mainly for its security operations. The platform is supported by blockchain, so it is fully decentralized, thereby making it difficult for external bodies to hack into its system. It is not controlled by third parties like in the centralized systems. They make use of peer to peer blockchain, defining decentralization in that way.

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Features of Bintex

  1. Withdrawal fees which exchange platforms pay are also paid on Bintex, but it is at a cheap price, and the fees are converted back to BNTX and paid into the Bintex Futures exchange platform.
  2. The usage of BintexPAY Card and its credit will be displayed on the project's wallet.
  3. Users can utilize the Bintex Futures exchange in converting cryptocurrencies and also pay for services using their BintexPAY Card.
  4. Users can decide to use their BintexPAY Card to shop and spend while having the seller's location intact, no matter where the seller happens to be.
  5. Loans can also be carried out on Bintex which will be shown on the BintexPAY Wallet. It can also be repayed using BintexPAY Wallet.
  6. Bintex has an app for easier access of their platform. It is user-friendly and accessible to users. The app is available for both iOS and Android users which can be found on Apple Store and Google Play Store respectively.

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Summary
After the internet, blockchain is known to be one of the greatest inventions. The entire society can enjoy the benefits which blockchain is currently offering. Bintex is one of the projects derived from the decentralized nature of blockchain. Bintex integrates the speed which is normally experienced in centralized systems with the security the decentralized systems also has to offer. Users no longer have to face the time-wasting decentralized exchange platforms anymore. It also features a wallet called the BintexPAY Wallet that members use to get hold of their digital assets. The users will be given Blockchain addresses that they can use to send and receive crypto assets which will be stored in their wallet. The platform also makes use of a card called the BintexPAY Card which would be used to pay for services using BNTX through the BintexPAY Wallet. Bintex Futures plans to introduce a cryptocurrency futures exchange in the nearest future. Bintex Futures will be a revolution to the crypto world.

USEFUL LINKS
Website: https://bintexfutures.com/
Youtube : https://www.youtube.com/channel/UCTZsygYwafZdx0CsVKcyuWw
Telegram: https://t.me/bintexfutures_chat
Twitter: https://twitter.com/Bintexfutures
Facebook: https://www.facebook.com/bintexfutures2019/
LinkedIn: https://www.linkedin.com/company/bintexfutures/
Reddit: https://www.reddit.com/user/BintexFutures
Instagram: https://www.instagram.com/bintexfutures/

PUBLISHERS DETAILS :
Bitcointalk Username : Ebewah
Bitcointalk profile link : https://bitcointalk.org/index.php?action=profile;u=2835164
Proff of Registration : https://bitcointalk.org/index.php?topic=5280276.msg55603933#msg55603933

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