Introduction
Momentum of digital currency is breaking boundaries all over the world. Blockchain which houses digital money has redefined the world of currency. However, due to this new pace of blockchain; some issues are inevitable to happen which has lingered for long thereby impeding the growth of digital money. For instance, higher exchange listing prices, security compromise, fraud transaction system, dishonest deals and lack of transparent are some of the example of these issues which has caused so much revenue lost for crypto investors. In addition, it has hindered the progress of the international digital currency market.
Furthermore, there is an attempt by blockchain to exhaust all its possible resolution means to these issues, and as a result will offers a revolutionary traditional model for digital currency such that will accommodate and resolve the aforementioned issues through the application.
Introducing HiBTC
HiBTC is an extraordinary secured exchange ecosystem that operates in conjunction with its distinctive multi-structured firewalls of security networks; that ensures the security of user investments within the platform. It make use of a high-level of resource mining system such that has the capacity to distribute about fifty HIBT codes to all of its users in the ecosystem. It’s mostly seen as a project that help yielding great benefits in the trading marketplace, inversely, it is also believe by other people as a tool that can be used to utilize creating trade deals. Generally, the project is resourceful for beginners and experienced investors.
Features of HiBTC
● Mining process: This method involves the mining of its token such that serves as a means of reward or revenue for every user of the project.
● Profit bonus program: HiBTC has an avenue for giving profit or dividend bonus program where its users can voluntarily participate inside the program. Users can acquire further profits and extra bonuses.
● Public tag: The constancy of the HIBT may result to increase or decrease with the amount of enjoyment of users collaborating in any act within the ecosystem; therefore, be assured that this will result to stability inside the project. It also enables the propositions to build public shared tag card which will be to create public access by every users once they make use of the HiBTC ecosystem.
● Active participation: All stakeholders are entitled to the numerous benefits that come from the collaboration within the project.
● Low transaction cost: Advent of the project will ushered world’s first duly 1+1 currency exchange, thereby bridging the gap between holders of HIBT. Also, it enables the privilege of obtaining low cost of transaction and little action fee of about 0.1% of commission.
Competitive Advantages of HiBTC
● Fast means of transaction: As a profit oriented ecosystem, it offer additional framework for users that make uses of additional fast transaction time of up to million transactions per second.
● Risk dominant possibility: It will help avert risk for its member through its established tool such that can help support cryptocurrency. They're going to introduce the financial alternative for electronic currency. However, it will not be restricted to, chance contract, forward contract, future contract and token finance by providing the experienced investors with more profit and effective risk averting instruments.
● Security for users and investors: By giving their top priority to the protection of user's digital trade assets. The project will provide top security by examining the codes and multi-layer firewalls before the platform is place into use.
● Transaction Mining: The introduction of “transaction + token holding” mining model that gives a lot of action mining reward for users, such that rely on supporting of the HIBT management by the user and additionally the worth of method fee paid by the user and additionally the HIBT value.
● Revenue Sharing: Revenues obtained from the platform are distributed to HIBT token holders. The distribution will happen on a daily basis because of the bonus benefit. Thus, to encourage money holding users for a long time, HiBTC introduced a “Dividend Bonus Program” such that gives dividend bonus for Holders.
Another very important feature of HiBTC that will position it as a huge player amidst cryptocurrency exchanges is the HiBTC FomoMining Contest.
The HiBTC project is currently on a FomoHIBT contest which involves rewarding participants who record the very best in overall trade performance on the ecosystem within a certain period of time.
HiBTC has put aside a series of benefit that streamlines with the overall financial gain of the HiBTC ecosystem. HiBTC pegs 100% of its daily gains of the “Holder Shared Fund Account” into the reward pool and sets a worth for HIBT in every of the competition which cannot be amended throughout the period of the competition. Immediately, the pre-set prize is triggered by any trader throughout the trading period, HiBtc will pay incentives to the HiBTs trade contributors. And this incentive will be drawn from money put aside for the prize pool for the day.
Even once the pre-set worth has been triggered, the HIBTs positive contribution ranking competition continues till 23:59:59 (UTC Time) on the trigger day. The additional bonuses can then be distributed immediately and therefore the top three contributors gets 50%, 20% and 10% accordingly, whereas the remaining 20% are shared among the remaining contributors. So its a win-win situation for everyone.
Tokens Information
HIBT token is the internal currency issued by HiBTC project. Specifically, it will be issued on the principle of “trading as mining” until it reaches about 10 billion tokens. This may divide the earnings to HIBT token holders. However, the holders have the right to participate in the project aside listing new tokens, act fees.
Distribution Formula
50% = Refund of act fee
25% = Commencement team and strategic partner 18% = Holders of tokens: get HiBTC and hold.
5% = Capitalist platform
2% = Market enlargement presently.
Conclusion
HiBTC project is a suitable one that help facilitate and solve all issues trading and security through decentralized means. The project came to consolidate on the blockchain promise by providing adequate security, low transaction fee and many more benefits for investors and users. It will make use of a high-level of resource mining system such that has the capacity to distribute about fifty HIBT codes to all of its users in the ecosystem.
For more information about HiBTC, please visit the following links:
Website: https://www.hibtc.com
Whitepaper: https://www.hibtc.com/om/about/en-us/whitepaper.pdf
Telegram: https://t.me/www_HiBTC_com1
Author's BitcoinTalk: https://bitcointalk.org/index.php?action=profile;u=1194610
This is a very solid project, an exchange that is already making waves and pulling large volumes of trade already. Hibtc is a pacesetter thanks for sharing
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