BITFXT- CRYPTO FOR THE PEOPLE
hamzatFollowing the popular surge of digital currencies, holders of crypto assets recognized the need for a secure, transparent and modern digital exchange through which to trade their assets. A number of functional exchange has emerged in response to this developing need, creating a new crypto market ecosystem and driving competition among platform to set up an efficient and effective trading environment. Although substantial advancements have been made in the usability and functioning of today’s cryptocurrency exchanges, there is still considerable shortcomings.
The BITFXT has recognized the glaring to create regulated, service- focused, high standard and strict procedures exchange that facilitate via both FIAT and CRYPTO currencies. The BITFXT explores the possibility to build a seamless bridge between crypto trading and trading.
Problems
Lack of regulation
The vast majority of crypto exchanges are unregulated, resulting in clients being forced to transact without feeling secure about transactions on these platforms. Without regulation, exchanges typical feature undefined classifications for digital assets, inadequate level of professionalism and undetermined procedures for protecting clients.
Poor liquidity
For emerging cryptocurrency exchanges, showcasing a populated and active order book – the continuously updated list of buy and sell ordes for a specified financial instrument- is essential in attracting users, without dynamics order books, user are less likely to participate in trading on the exchange, resulting in poor liquidity.
FIAT funding
Another issue for exchange users involve the use of FIAT currency for purchasing crypto. The vast majority of popular exchanges do not allow user to buy crpto with FIAT money, making an initial entrance into the crypto market more challenging for newcomers in the market.
Online security
Possibly the most costly and damaging risk to exchange operators and users alike is network security.with billions of currency lost and many exchanges toppled, hacking and other cyber-attacks remain at forefront of concerns crypto exchange.
Solutions by BITFXT
. Bitfxt is built to high standards, audited, and penetration tested. We have experience, building financial systems to the highest security standards and strive to ensure security first.
The team has worked on and operated a number of exchanges, and have accumulated a large network of partners in this space. These partners will be key in bootstrapping the exchange.
Bitfxt’s team have been in both the finance and crypto industry for many years. The team has worked on and operated a number of exchanges, and have accumulated a large network of partners in this space. These partners will be key in bootstrapping the exchange.
Name: BITFXT token
symbol: bxt
decimal number: 8
total offers: 20.000.000
total delivery: 14.000.000
Min. Attendance: 0.01 ETH
soft cover: 2,000 ETH
hard limit: 5,000 ETH
Accepted BTC, ETH and LTC
Kindly visit below channels for details:
Website: https://bxtcoin.io/
Whitepaper: https://bxtcoin.io/BitfxtWhitePaper-min.pdf
Telegram: https://t.me/joinchat/ESR1eEfViA__xQH2nnqyaw
Ann: https://bitcointalk.org/index.php?topic=5038642.0
Bounty: https://bitcointalk.org/index.php?topic=5047978
Facebook : https://www.facebook.com/bitfxt
Twitter : https://twitter.com/bitfxt/
Author by:hamzat
Bitcointalk profile-https://bitcointalk.org/index.php?action=post;topic=4782378.0;num_replies=3180
Etherum:0x78e49c1984ac904DAdAD3d5943b45816F931f1A5