Introduction
Because of the way the crypto world has been growing extensively, it can now be fully called a multi-billion industry which started with almost nothing, with so many doubts. Cryptocurrency is a decentralized system, although some of its processes are quite tedious. This led to the introduction of Blockchain, a technology that was formerly created for mainly bitcoin. Even after blockchain came to save the day, some crypto exchanges still does poorly in the crypto world. Bintex Futures is a platform that has come to add light to this picture these crypto exchanges have created. Bintex Futures is a crypto exchange that uses it's platform's token and other tokens to trade and also perform different activities under its name. This platform is a decentralized project, giving users a right to their crypto assets and offering them liquidity at the same time. This is carried out by a p2p process. Bintex Futures wants to make sure that all investors are witnesses to this great development called Blockchain. Most of these popular exchanges are run on centralized systems such as Bitfinex. Centralized exchange platforms like this displays positive results with fast transactions. The only limitation is its cost. They therefore find ways to gain excessively through the massive transaction fees imposed on innocent users.
Products of Bintex
BintexPAY Wallet: This is where users can store their crypto holdings without fear of losing it to hackers. This wallet has tight security system just like its platform to help safeguard its users investments. It provides users with various blockchain addresses that they can use to receive and give out crypto assets easily. The system is like an open one because users can see what is going on with the token as charts and daily volume are shown. It shows the crypto assets supported by Bintex. The BintexPay Wallet can be downloaded from Apple Store or Play store. The wallet app can be easily downloaded, and the users can enjoy reading crypto assets on the Bintex platform. Loans can also be carried out and later paid through the BintexPAY Wallet.
BintexPAY Card: The tokens available in a user's BintexPAY Wallet can be used through the BintexPAY Card. Users can do a wide range of activities using this card including exchanging of their tokens to fiat. This Bintex Card is accepted almost everywhere which has made life easier for the users. Users can spend using their BintexPAY Card and know the location of their sellers.
Bintex token
The BintexPay Futures exchange platform makes use of a native token known as BNTX. It is an ERC20 token known to increase liquidity. All the traders of the platform must have the BNTX token in possession in order to participate in its market and increase its demand. If a holder of BNTX holds the coin for a long time, there are interests in store for the person because the value of the token keeps increasing. Bintex also makes use of transaction fees to support its operations, though it is not as bulky as in the centralized exchange platforms. Bintex will support trading of tokens with BTC, XRP, IOTA etc and would later introduce trading with fiats such as JPY etc which would later cover a range of fiat currencies after some time.
BNTX IEO
The IEO officially starts in the half of 2020. It will be divided into three phases for the participants to purchase the tokens. Everytime a phase is completed, the next phase begins, which will feature bintex token at a higher price. BNTX will be given to users every month for their presence in the IEO. The IEO will end whenever the hard cap also ends.
Advantages of BNTX
- The liquidity available on Bintex is high as it offers different features for its users. They also have advantages over other centralized exchanges because of their low transaction fees. Its products such as BintexPAY Card and Wallet has also shown its decentralized nature in an effective way, thereby creating more room for liquidity.
- Security is a feature on Bintex that can't be easily ignored. Most exchange platforms find it hard to simply secure their users investments and data. Bintex Futures has put it upon itself to effectively safeguard users rights through Blockchain and its team of experts.
- The familiarity the BintexPAY token has with different services is unexplainable. Users can make use of BNTX in almost all their daily activities from paying mobile bills, house rents etc. It can easily be done through the platform's card from anywhere in the world.
- BNTX interacts greatly with other fiat currencies such as JPY, USD etc. The tokens can easily be converted to fiat currencies through their BintexPAY Card. It doesn't matter where a user is at the moment of conversion to fiat, as the Bintex Futures can be accessed globally.
USEFUL LINKS
Website: https://bintexfutures.com/
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 Informations :
Bitcointalk Username : Ubaraw
Bitcointalk profile link : https://bitcointalk.org/index.php?action=profile;u=2835216
Proff of Authentication : https://bitcointalk.org/index.php?topic=5280276.msg55603985#msg55603985