Introduction
Cryptocurrency Exchange is a blockchain powered online platform where trading i.e buying and selling of various types of digital assets are being conducted. Traders and investors need reliable means of trading their various digital assets for profitability. Cryptocurrency Exchanges is one among the pillar of Cryptocurrencies industry because without all these exchanges, there wouldn't be any means to trade or converting our various digital assets to cash .Nevertheless, despite the benefits derivable from all these exchanges, there are still some loopholes that need to be filled. Billions of dollars has been stolen in multiple crypto currency exchanges by internet hackers due to the weaknesses in the security of these exchanges. The insecurity attached to these exchanges scared some investors away from Crypto industries, which is not good enough.Cryptocurrency industry is a very nascent industry, which still needs to attract large numbers of users.The Team of HIMEX Exchange has emerged with a sustainable solution to the existing problems in Crypto Exchange sphere. They are willing to address the challenges of insecurity in the Crypto exchanges space and offering a sustainable solution to the existing problems in the industry.
About HIMEX Exchange
HITMEX falls in the category of the next generation blockchain powered cryptocurrency Exchange with high-performing capability. The exchange has been designed to resolve the general problems in Crypto exchange space. Most traders feel unsafe due to insecurity in most of the existing exchanges. HITMEX is willing to address this problem and making investors and traders feel safer with their investment.They intend to store 90% of their assets in Cold storage which is more safe .Besides, the trading platform is willing to support a very high leverage, users will be able to transact large volume trading, The exchange has created a possibility of transacting up to one million dollars per transaction in their platform.Wholesale traders can trade seamlessly on HITMEX platform with no restriction.
HITMEX Exchange has been designed as an upgrade of the existing cryptocurrency exchange platform. This simply means all loopholes in the existing exchanges such as High transaction fees, weak security system, Low or no liquidity, and many more will be corrected by HITMEX. They are willing to make trading more profitable and secured for the global traders. HITMEX will be conducting an IEO program on their exchange to raise some funds for further development of the project. BMEX token which is the native cryptocurrency of HITMEX Exchange will be issued for public sales. HITMEX aims to create insurance funds in which 10% of the total income generated on the exchange will be stored in Cold Storage Wallet. This is to ensure users are insured and in the case of unforeseen event such as hacks or unforseen events that could lead to lost of funds, none of their users will suffer any loss.
Furthermore, HITMEX will deposit 90% of their funds in a cold wallet storage. This is to ensure users' funds are secured in the platform.This is a very worthy project that needed to be given attention HITMEX team sees the safety of users funds and assets as a priority, all measured to secure the platform and prevent loss of funds arising from any unforeseen events has been taken .
FEATURES OF HITMEX EXCHANGE
- The system implements (P2P) system which means exchanging of assets is Peer to Peer.
2.Lower transaction cost, the cost of transacting on HITMEX Exchange is extremely low which guarantees traders profitability. - Ethereum Blockchain.HITMEX Exchange implements Ethereum technology which makes it a more secured, fast and highly reliable Cryptocurrency Exchange
- Boarderless transaction, since the business model involves P2P system, a transaction is boarderless. There is no restriction to transferring funds BMEX TOKEN: BMEX token is the native token of HITMEX Exchange and will be used as a Global payments system, dividends are paid to the stakeholders and investors through BMEX on HITMEX Exchange.It can be used for voting right and can also be used for the payment of transaction fees.Below is the IEO details
Token name: BMEX
Circulating Supply: 750,000,000
Blockchain: Ethereum
Max Supply: 1 billion.
Official Resources
Website : https://hitmex.io/
Whitepaper : https://hitmex.io/Public/Hitmex_Exchange_White_Paper.pdf
Facebook : https://facebook.com/HitmexExchange/
Twitter : https://twitter.com/hitmexexchange
Telegram : http://t.me/HitMexExchange
Instagram : https://www.instagram.com/hitmexexchange/
Ann bounty Thread : https://bitcointalk.org/index.php?topic=5226883.0
Authorship:
Bitcointalk username :koremodupe
Bitcointalk profile url: https://bitcointalk.org/index.php?action=profile;u=2681359
BMEX address: 0x31566ca562c9860f41053f27fbb593998ad001bf