The time has come for “old things to pass away” and “new things to come into being”. It’s no longer news that cryptocurrency exchanges introduced new dawn in the crypto-sphere since the introduction of the pioneer cryptocurrency, Bitcoin (BTC). It has been a decade since the proliferation of these platforms and they continue to wax stronger as the months pass by.
Problems of Cryptocurrency Exchanges
One of the banes of these platforms is the high trading fees that become prominent when initiating a transaction. Most times, traders have to wait for long hours or days (as the case might be) before a transaction gets confirmed. This is in the negation of the immediate cross-border remittance that cryptocurrencies and the blockchain technology are known for.
Aside from these problems, the major issue that many are yet to identify is the lack of ideas by the founders of these exchanges. There’s a need to introduce veritable concepts that will not only enhance transactions but also increase the use of cryptocurrency exchanges.
The Impact of OOOBTC’s Exchange Token (OBX)
OOOBTC is a new generation cryptocurrency exchange that seeks to bring reforms to the crypto-sphere. Although it solves most of the inherent problems in traditional crypto exchanges, it also went the extra mile to initiate impressive policies using the OOOBTC exchange token, OBX.
You may be wondering about the impact this will make to the crypto-sphere, especially with the proliferation of many exchanges. To that end, the features below will help you have an understanding of the OBX token.
(1) Earn Dividends
Have you ever traded on a cryptocurrency exchange and silently wished that you never performed any transaction through the medium? This is usually the case when trading fees are high and transactions take long periods to come through.
Do you wish to earn from your assets on a cryptocurrency exchange even when you don’t perform a transaction? That opportunity awaits you on OOOBTC, where users stand a chance to win 20% daily dividends and 50% monthly dividends. This is tenable because the OOOBTC exchange redistributes its trading commissions among traders/investors on a daily and monthly basis.
Aside from this, you can also win from a lottery facilitated by the exchange. To qualify for this, all you need do is to maintain a minimum daily personal trading volume of 0.01 using the OBX token. This gives you an opportunity to participate in a lottery and win the OBX token if the outcome of the lottery favors you.
(2) Reward Mechanism
Consumers/buyers always love it when they get rewards for their patronage. The OOOBTC exchange replicates the same feat by offering airdrops to token holders on the platform.
(3) Project Listing
As a new project, the OOOBTC exchange may not be able to integrate many coins at the onset. Do you have a digital asset or project you would want to see on the platform? This exchange empowers you to do so after making use of the OBX token to pay for the 20% fee accruable o any project that is listed on the exchange.
Distribution of Tokens
Final Words on OOOBTC Exchange
The blockchain technology continues to boom and with it comes many responsibilities. From hosting decentralized projects to battling inherent issues, it’s important that projects that want to use the technology should make the job a lot easier.
The importance of the OOOBTC exchange cannot be underestimated because it has relevant features that make it stand among other cryptocurrency exchanges.
FOR MORE INFORMATION PLEASE VISIT LINKS BELOW
Website: https://www.ooobtc.com/trading
Twitter: https://twitter.com/ooobtcExchange
Telegram: https://t.me/ooobtcExchange
Whitepaper: https://www.ooobtc.com/assets/whitepaper/obx.pdf
Facebook : https://www.facebook.com/ooobtc
Author: Stug( Btt link: https://bitcointalk.org/index.php?action=profile;u=1947027 )