Without Any Confusion or doubts, blockchain technology has come to stay. It didn’t take much longer when the doubters were so skeptical about the convenience of this beautiful technology. Majority of the naysayer believed digital-currency was a bubble which is ready to bust in the faces of enthusiast. But surprisingly, most of these unworthy statements were made by people with little interest.
Introduction and adoption of BLOCKCHAIN technology has provided series of support for majority of the platforms in order to benefit both the users of the platform and the whole industries. The adoption and introductions of BLOCKCHAIN in major sectors and firms like EDUCATION, AGRICULTURE, FINANCE, TRANSPORT and HEALTH have received lots of support over the years as a result of the increasing growth recorded with the use of this technology in those areas. Introduction of BLOCKCHAIN technology has really made some people and companies to monitor the profits and befits derived from the use of this technology.
Some difficulties and problems arose from the use of crypto currency which this has altered its mass adoption over the years. Some of these problems include absence of good exchange and trading site of crypto-currency. Security issue is another problem not to forget mentioning in crypto-currency trading, lots of traders and crypto-lovers have faced one issue or the other as a result of hacks and security breaches which has led to millions of dollars and crypto-currency been stolen in these exchanges.
Crypto-currency are facing lots of security challenges everyday which this has hindered its global adoption. Without good and secured trading system, there can never be global adoption of crypto-currency in which this is what HIBTC exchange platform has realized which has led them to launching of a secured crypto-currency exchange free of hacks and breaches in all forms. I could remember sometimes ago when I traded in an exchange, I received an emails about my recovery password in which I didn’t even requested for unknowingly for me that it came from an hacker and immediately I click this link because I believed it came from the exchange and all my balances was gone and when I contacted this exchange to complain about this issue, they admitted there exchange was been hacked and up till today I couldn’t get my money back. I know that if HIBTC exchange has been in existence by then I wouldn’t have fallen victim of the scam.
Another issue facing crypto-exchange I would like to mention is the lack of trust and transparency. As far as I know, transparency and trust matters a lot in the crypto space. Most of the exchanges don’t really disclose the transparency report to the traders or users of the platform in which this is very important to traders and community members so as for the community and traders to know how well the exchange is doing. I believe with HIBTC crypto-currency exchange, there will be lot of transparency from the developers and administrators of the platforms
Another problem encountered by the traders in the crypto-currency remains to be high transaction fees. High transaction fee has been another obstacle to traders of crypto-currency over the years. Some crypto-currency exchange charges high fees which is similar to the profits gotten from trading by the traders in which traders have been so furious about this issue. With HIBTC low transaction fees, traders don’t have to use their total profits as transaction fees again because only little or no fees would be charged as trading fees on HIBTC exchange platform
Another problems facing crypto-currency which HIBTC platform would like to rectify is slow deposit and withdrawal confirmation. Traders often are left in the dark by some exchanges as a result of slow and delay in deposit and withdrawal confirmation. With HITBTC platform, traders don’t need to worried about their deposit and withdrawal because HITBTC has put in lots of measures and features to make both deposit and withdrawal processed faster
Some of the things to enjoy with HIBTC trading platform includes SAFETY of fund and customers wallet, EFFICIENCY in the running of the platform, INCENTIVES to holders and users of the platform, REVENUE and RIGHT sharing, Improved SECURITY, Eradication of HIGH transaction fees, Improved TRANSPARENCY, Fast DEPOSIT and Withdrawal. These and many more features have been introduced and adopted by HITBC to make their exchange platform unique and best among others
HIBTC TOKEN DETAILS
This is a token that would be used in the platform to carry out series of activities such as trading fees, withdrawal fees, incentives to miners and holders. HIBTC token holders are entitled to revenue distribution, participation in decision making, participation in election and supervision, participation in listing recommendation.
HIBT is generated by dividing it into 3 different parts which includes; Mining Part (50%), Defrosting Part (43%) and Early release Part (7%)
Token supply 10,000,000,000
TOKEN DISTRIBUTION
50% Allocated to mining reward (5,000,000,000)
18% Allocated to holders share fund (1,800,000,000)
25% Allocated to founding team and partners (2,500,000,000)
5% Allocated to cornerstone investors (500,000,000)
2% Allocated to market promotion (200,000,000)
ROADMAP
JULY 14 => HITBTC exchange open for registration
AUGUST 18 => Launch of HITBTC exchange 1.0
SEPTEMBER 18 => Functions of smart contract listing recommendation and voting made available
NOVEMBER => Launch of mobile app
DECEMBER => Launch of financial derivatives
USEFUL LINKS
Website => https://www.hibtc.com
Whitepaper => https://www.hibtc.com/om/about/en-us/whitepaper.pdf
Telegram => https://t.me/www_HiBTC_com1
Facebook => https://www.facebook.com/profile.php?id=100027855751559
Twitter => https://twitter.com/HiBTC_Exchange
Bitcointalk Thread => https://bitcointalk.org/index.php?topic=5016151.0
Bitointalk User Profile => https://bitcointalk.org/index.php?action=profile;u=1328480
Bitcointalk Username => Lekatoo
Writer => Lekato