The world of Finance has always been an integral part of our modern society. After all, thanks to him, people have a unique opportunity to interact with each other, relying on some foundations and standards. Now, with the advent of new technologies in our reality, there are additional alternatives to the classic Fiat money. Which have truly phenomenal features. Moreover, their use completely destroys the shadow side of relations with Fiat money, which each time a transaction has more than one third party.
However, despite this advantage, the world of digital assets, namely cryptocurrencies is still extremely vulnerable to many emerging aggressive factors. Yes, the blockchain technology and the associated cryptographic unit is unique, transparent and secure in itself. But the platforms where you can buy or sell this kind of digital asset are currently quite weak before the onslaught of a powerful hacker attack. What, in principle, is evidenced by more than a dozen negative stories about how not small funds were stolen from one or another cryptocurrency exchange.
It is possible and necessary to avoid similar phenomena. Since all these mistakes and missteps of many exchanges, negatively affect the overall reputation of the entire crypto-currency space, which simply has limitless potential, which is eager to break out. Therefore, I decided to devote my today's review to one of the most worthy exchange platforms. On the creation of which worked a team of specialists as many as 35 people. Intrigued? Then do not be distracted and read my review to the end.
So, as you have already understood, this project is directly related to the exchange, which has a very concise name as BBOD. Where the security of each individual crypto asset is in the hands of the owner himself and his private key, access to which can not get any hacker in the world. Thus, we see that with the first and most important ailment of crypto-currency exchanges, BBOD coped for once or twice. But this, as they say, is not all, since this is just a small tip of the iceberg, which we will have to consider in the course of my review.
In addition to security, the founders of BBOD show us the absolute transparency of all their balances, as well as the accounts of each of the user. It is important to note that all accounts are updated daily and everything is recorded within the decentralized Ethereum network. Moreover, in addition to the user's accounts, the total balances of all platform participants, as well as the result of their today's transactions, are also visible. At the same time, transparent statistics are supplemented by the number of registered users, as well as their total number of contracts, that is, accounts that they have created.
To support this will also allow leverage, the size of which can be both quite small and large. Moreover, BBOD in this regard is much wider than all other platforms, as in the near future they are able to provide futures contracts with more than fifty cryptocurrencies in the second quarter of next year and more than a hundred in the fourth quarter of 2020.
One of the main advantages of BBOD platform will be its zero Commission fee for all transactions with its internal BBD token. Yes, you heard right and it did not seem to you, BBOD will be the first cryptocurrency platform that will not charge a fee for futures coin transactions along with its token. That is, anyone has a chance to exchange ETH/BBD, BTC/BBD and many other coins.
At the same time, the BBOD platform itself is ready to offer us other trading features, where everyone will find something valuable and extremely necessary for quality work. For example, within BBOD you can easily take advantage of spot markets, indefinite and fixed date futures markets, as well as many other things.
As for the competitive advantages, the BBOD with this all very well. You can verify this in principle by looking at the following table.
As I have mentioned many times before BBOD will have its own internal cryptotoxin expressed by BBD utilities. It is important to note that the basis for the development was The Ethereum Protocol with its ERC-20 standard. In fact, there are many conditions for buying coins, as the developers of BBOD have tried to list their coins at the most favorable offers.
You can read in more detail what offers will be available in their technical document.
Of course, after reading all this involuntarily catch yourself thinking about how nice it is to see such a level of projects. Which are doing their best to eliminate the existing problems in this market segment. Offering in replacement high quality and working tools. I hope the developers have enough strength and opportunities to bring the idea to the end and demonstrate this splendor for all participants of the crypto-currency market.
In the meantime, you have a great opportunity to get acquainted with other interesting BBOD technical tools, which are described in more detail in the official resources of the project.
In this I have all. Thank you for your attention to my article, like and subscribe to my channel.
