Overview for the Rbitex project

in rbitx •  4 years ago 

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INTRODUCTION

Blockchain technology has created enormous opportunities that lie outside of today's centralized financial systems where cryptocurrencies can be used as a commodity, currency, and as a people-centered value exchange tool. Appearance Blockchain technology and cryptocurrency have opened up many ways to create wealth, one of which is cryptocurrency trading.

Digital asset exchanges and trading platforms have developed into one of the most important parts of the blockchain industry and we are trying to improve the technology by creating new and innovative digital. an asset trading platform that will deliver blockchain technology to a glorious future.

rBitex Exchange is a cryptocurrency exchange platform that aims to disrupt digital asset trading by completely changing the way we trade on the exchange. rBitex Exchange is meant to stand out and will be a force to be reckoned with in this volatile and highly competitive market.

rBitex Exchange is offering digital asset traders a platform with incredible features which will outperform all current exchanges. Right from its interface to the general trading, rBitex exchange will be unique in all aspects and completely revolutionize the digital asset trading landscape.

Other Features

Multilanguage Excellent customer Superfast KYC 24/7 trading support and platform improvement.

The other planned features of rBitex exchange at launch are, but not limited to:

  • Multilingual support
    *Excellent customer support and improvement
  • Super-fast KYC
  • 24/7 trading platform

After the launch of rBitex, we will continue to develop the rBitex platform and we will add new features that will include:

  • Spot trading
  • Social trading
  • Margin Trading

Cryptocurrency Exchange Platform Issues

  • Poor Customer Support: When users have questions or problems using a feature on the cryptocurrency exchange platform, they go straight to customer service for advice or a solution to their problem. Adequate support tends to be a problem for many exchanges as they do not have enough resources to meet up with the number of users that they serve.

rBitex seeks to address this problem by employing dedicated staff with proper technical experience and resources to handle all customer related enquiries and needs.

  • Asset Security: Digital asset trading platforms hold large
    amounts of cryptocurrency deposits, making them unavoidably the target of hackers. The industry has experienced more than 30 major cyber hacks resulting in more than $1 trillion in lost funds. People are losing lifeshattering amounts of money due to scams and fraud, something that needs to be tackled to protect those investing in
    coins.

rBitex Exchange will combat this problem by providing several layers of protection to ensure that both the wallet and funds of its traders are safe.

  • Convenient user interface: The friendliness and accessibility of the user interface of a system is very critical to creating a perfect user experience. Most exchanges are built with a complicated and an unfriendly user interface which forces traders to look elsewhere to trade. rBitex Exchange promises an unrivalled user experience with its intuitive and easy to use interface.

Security

The rBitex platform considers security as its highest priority. While traders enjoy the benefits and opportunities of cryptocurrencies, the security of cryptocurrencies remains a blockade that downplays its acceptance as an investment asset. rBitex seeks to provide the safest exchange platform that traders can rely on and investing by adopting the following security protocols:

  1. About 95% or more of digital assets will be stored in cold wallets, which will ensure protection from theft or loss.

  2. Payment and personal data will be stored with a highly secure and sophisticated encryption algorithm.

  3. A timeout will start on all inactive sessions to protect traders' data from being stolen.

  4. rBitex will use HTTPS (SSL) to protect the platform and merchants from malicious attacks such as SQL injection, DDoS and cross site script.

rBitex also strives to apply industry best standards and approaches, in terms of user security as well as exchange security by adopting the following steps for user authentication:

Google 2FA authentication

Google Authenticator 2FA is a software token that implements two-step verification using a time-sensitive One-Time Password (OTP). After users enter their username and password when they log into the rBitex exchange, the 2FA framework requires them to enter a OneTime Password (OTP) which is sent to the user's smartphone to complete their login process. OTP is a 6-digit code that is generated every minute from the user's smartphone, using the Google Authenticator application.

This action greatly increases platform security as it requires an additional layer of authentication from your smartphone before your login is verified.

SMS authentication

SMS authentication is another layer of security measure used by rBitex to verify user accounts. An SMS containing a One Time Password (OTP) will be sent to users to verify their account or transaction activity. Users must enter the OTP sent to their mobile to complete verification.

rBitex EXCHANGE

The Platform


The rBitex Exchange is a top performance trading platform that will be able to support most popular cryptocurrencies. All assets on the rBitex Exchange platform will be paired directly with INR, besides BTC, ETH and USDT.

Performance


rBitex Exchange platform is equipped with a matching engine that can support more than 1,50,000 transactions per second, which allows rBitex to confidently boast among its competitors of being one of the fastest cryptocurrency exchange platforms in the world. It processes transactions very swiftly, making sure that all orders are completed and never be stuck or terminated due to the matching engine being overwhelmed.

Coins

rBitex will support trading pairs with:


  • INR
  • BTC
  • USDT

More coins will be added over time. Only coins with strong credibility, user-base and liquidity will be added.

24hr Customer Support for All Members

Users need not worry about support on withdrawal times, login issues, unanswered support tickets, 2 factor authentications reset and documentation because rBitex support team is available 24 hours a day and 7 days a week, to assist all its users/members with any issues or queries that they may have.

User Interface

rBitex Exchange user interface is designed to be powerful to a professional trader and at the same time be very convenient and easy for every user including beginners.

Revenue Model

The main source of income for rBitex is its exchange fee charged on trades that occur on the platform. rBitex also gets revenue from withdrawal fee, listing fee, margin fee, etc. The table below gives a better description of the revenue sources.

rBitex COIN (rBitx)

rBitex is a utility token at rBitex. A strict limit of 500 MM rBitx will be created, never to be increased. rBitx will run natively on the Ethereum blockchain with ERC 20. rBitx can be acquired at the issuance of the tokens as described in the following section or at rBitex exchange.

rBitex Token Information

  • Token Name: rBitx

  • Code: rBitx

  • Total Token: 500,000,000

  • Token Type

Token Utilities

rBitx is a payment token at rBitex Exchange, which is used to pay for any fees on our platform, including but not limited to:

  • Exchange fee

  • Withdraw fee

  • Listing fee

  • Any other fee

Furthermore, rBitx provides a number of utilities with the exchange platform which also includes but are not limited to:

  • Trading fee discounts

  • Voting rights for listing of new tokens

  • Increased referral bonus

  • Early access to new features

Token Allocation

For more information about this project you can see it below:

Website Link : https://rbitex.com/about
Telegram Channel : https://t.me/rbitex
Twitter : https://twitter.com/rbitexexchange
Facebook : https://www.facebook.com/rbitexexchange
linkedin : https://www.linkedin.com/company/rbitexexchange/
Email Address : [email protected]
TOKEN SALE Buy&Sell : https://rbitex.com/about

Author: dey90
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=731808
Wallet Address: 0x5c582DE6968264f1865C63DD72f0904bE8e3dA4a

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