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What is HiBTC?

First of all, you note to help yourself is HiBTC, not the HitBTC has been released so long offline. About HiBTC, this is a very new trading platform, and just launched around early August/2018. Like the recent general trend of the new floor, HiBTC also goes in the direction of trading as mining, and divides the profits for those who own the tokens of the floor. Some of the highlights are CoinEX, BTCC, IDCM, Bgogo, etc. Although it looks like Ponzi, this is a great way to attract users, and improve liquidity. Moreover, this model not only helps the floor but also benefits investors, if the floor has a large trading volume.

On the site, HiBTC has not yet published specific information about the founding team, and its headquarters. However, if you read through Section 4 of the Terms of Service, you think that the floor was established in Hong Kong because of the mention of the Monetary Authority, and Hong Kong Customs. Assuming it is true, it is not surprising that most of the floors are based in this city. Notably, HiBTC claims that they are backed by the Ceyuan Digital Assets Foundation, and is one of Cybermiles’ strategic partners. Accordingly, the tokens that run on the CMT network are highly likely to be listed on the floor.

At present, the floor supports only 6 electronic currencies namely BTC, ETH, LTC, BCH, USDT and HIBTC, CMT, USE, soon more coin other

According to information on the website, HIBT is the only private currency issued by HiBTC, evidence of the floor. Specifically, it will be issued under the principle of “trading as mining”, invite friends and will stop until it reaches 10 billion tokens. HiBTC will divide its earnings to HIBT holders. At the same time, the owners also have the right to participate in important decisions and management areas, including listing new tokens, transaction fees … In addition, the floor also plans to “ “ Users can voluntarily take part or all of the HIBT lock on the floor and enjoy over-rate sharing with different rates. The longer the lock time, the higher the divide rate.

How to distribute tokens:

50%: refund of transaction fee

18%: Holders of tokens: buy Hibtc and hold

25%: founding team and strategic partner

5%: investor platform

2%: market expansion Currently

FEATURES OF HiBTC

To help you better understand why HiBTC is unique and Awesome to me, I would be telling you about it's features from my own observations. About a week ago, HiBTC launched the trading of USE/ETH Trading Pair in the Platform and to me, this was a blessing because I had that token in my possession and this was what led me to HiBTC..

Almost Immediately after Registration and my first deposit, the first thing I noticed was how important the HiBTC team takes security and information, I was informed via mail when my deposit reflected in my account, HiBTC kept me in the loop about any activity in my account while I was using the exchange and this struck my as being very innovative.

• Security: Security of funds in a Cryptocurrency exchange is very very important and the team behind HiBTC knows this and takes the security of funds of it's users very seriously and that is why they utilize multi-layer firewalls, multi-signature, and cold hot money bag isolation programs to maximize the security of user assets and HiBTC also collaborates with top security Outfits.

• Revenue Sharing: This is one very unique and innovative feature of HiBTC, HiBTC has it's very own native token called the HIBT Token, Users of the platform are rewarded just for holding this token, 50% of the HiBTC token is distributed to traders who also hold the HIBT tokens and the revenue generated from the platform is distributed to the holders of the HIBT as well, HiBTC presents a passive earning opportunity to it's users, this innovative process is known as Trading Mining.

• Rights Sharing & Transparency: HiBTC Exchange is unlike any existing centralised exchange platform because it gives the it's users decision making rights, for example, A user group that holds 5% or more of HIBT total circulating supply can independently recommend a cryptocurrency to be listed in HiBTC, Isn't that mind-blowing?. Additionally, the rights to make major decisions in the platform shall be vested on the HIBT token holders.

To in a bid to make everything more transparent, it is also note worthy to mention that all transaction data, income data, mining data, voting data would be regularly published and made public in such a way that it would be easily be Verified.

• Fast Transaction Framework: One reason many users run away from some exchanges is their slow transaction framework, some exchanges are not built to handle much transactions per second and when the transactions exceed such a limited number, problems starts arising, the brilliant minds behind HiBTC knows this and they have created a conducive framework for professional and amateur traders alike where they can trade and never have to worry about the speed of their transactions because HiBTC is built to handle 2,000,000 TPS (Transactions Per Second).

Conclude

Here is the article introducing HiBTC floor. Although the floor has been launched, the floor has been strongly supported by the Vietnamese community, probably because of the huge fund backing. Each trading platform has its own advantages and disadvantages, based on the above analysis, you should study carefully before deciding to invest. In particular, never put all the capital into a “basket”.

To learn more about this revolutionary exchange, check out the links below:

Exchange Link: https://www.hibtc.com
Whitepaper: https://www.hibtc.com/om/about/en-us/whitepaper.pdf
Twitter: https://twitter.com/HiBTC_Exchange
Telegram: https://t.me/www_HiBTC_com1

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