Introduction
First I will start by explaining what cryptocurrency exchange is about because some there is the possibility some people have not heard about it. Cryptocurrency Exchange is an online digital-asset trading platform where different types of digital assets can be sold and purchased. What makes cryptocurrency exchange unique from any other digital assets exchange platform is that Cryptocurrency Exchanges is powered on Blockchain which makes it more secure, transparent and efficient. It has been noted that majority of the existing centralized exchanges have so many flaws. Insecurity is one of the major problem of decentralized exchanges. Over a billion dollars worth of digital assets has been reported stolen by hackers in 2018 arising from the activities of the hackers and insecure nature of Centralized exchanges. Today, in this article I will be discussing HITMEX EXCHANGE, their promising features and how they intend to revolutionize the system of trading Cryptocurrency.
About HITMEX Exchange
HITMEX platform is a cryptocurrency exchange that has been developed to correct the existing problems in Cryptocurrency Exchange sphere. The platform has designed a very unique business model that will make them stand out amongst the crowd. HITMEX Exchange will be supporting asset swap with the capacity of $1,000,000 USD per transaction. HITMEX will be conducting an IEO to raise funds for further developments of their exchange. The Exchange has been primarily designed to solve the existing problems in both our Decentralized and centralized cryptocurrency exchange.BMEX is the utility token in HITMEX Platform and the IEO of the exchange will be conducted
in the exchange. In terms of speed, HITMEX have high capacity matching engine with super speed.BMEX token will be used for the payment of transaction fees, holders of BMEX token are entitled to dividends and the community can exercise their voting right through BMEX token in HITMEX Exchange ..
BMEX TOKEN
BMEX is a token issued on HITMEX Exchange.It will serve an utility purpose in BMEX platform, the token implements (P2P) Peer to Peer system with high speed transactions,usage of the token attract Low transaction fees,BMEX is developed on Ethereum Blockchain which makes its more secure ,transparent, and fast .BMEX token also will be used for Worldwide payments.
UNIQUE BENEFITS OF HITMEX EXCHANGE
(i) IMPLEMENTATION OF COLD STORAGE WALLET: Hitmex will use cold storage on exchange wallets in which users address will be converted to cold storage addresses, this is to ensure security and safety of users' funds.
(ii) FUNDS STORAGE: Hitmex plans to store 90% of its funds in Cold storage wallet which is external to the exchange.
(iii) SAFU FUNDS: Hitmex is willing to create an insurance funds in which 10% of the revenue generated will be stored in the Cold storage wallet and used as insurance funds to secure the users against any unforeseen future hacks and ensuring no users suffer any loss.
(iv) Refferal Program:Any user can participate in Hitmex referral program , the program pays 25% commission charge per trade.The more users referred , the more your income.
TOKENOMICS
TOKEN SYMBOL: BMEX
DECIMAL: 18
CIRCULATING SUPPLY: 750,000,000
MAX SUPPLY:1,000,000,000
CONCLUSION
HITMEX Exchange is willing to change the Game in crypto-trading industry. The team of this project has taken time to study the flaws in the existing cryptocurrency Exchange system and they are developing a platform that will be more secured, sustainable, and allow users to trade seamlessly without any friction.HITMEX IEO will be to raise some funds for further development of the project. It worth giving this class of project a good attention.
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