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HiBTC - Shared Digital Asset Trading Platform



First of all, using the new design concept and leading technology, HiBTC will provide a safe, efficient and convenient digital asset trading pla$orm for all par!cipants. In HiBTC, regardless of the size of the transac!on, each par!cipant can effec!vely achieve the investment objec!ves without worrying about personal privacy protec!on or the security of digital assets. In addi!on, the professional financial unit will provide investors with rich risk hedging instruments and investment target choices.

Second, HiBTC is commi&ed to crea!ng a completely transparent, fair and shared investment environment. HiBTC Token (HIBT) is the only token issued by the HiBTC pla$orm, not only as a digital asset, but also represen!ng all rights and interests of the HiBTC pla$orm. HiBTC promises to regularly allocate the pla$orm revenues to all HIBT holders; at the same !me, the “transac!on + token holding” mining model (“proof of mining hours + proof of equity” mechanism) is adopted, and 50% of the HIBT issued is rewarded to users through transac!on processing fee mining.

Not only that, HiBTC will also introduce a “Dividend Bonus Program”. Users can voluntarily join the program with part or all of the HIBT it holds, which will enjoy different propor!ons of dividend bonus in addi!on to the basic dividends.

In summary, when a user makes any transac!on on the pla$orm, in addi!on to obtaining the target assets, it can also obtain [mining generated HIBT + basic dividends + dividend bonus]. All of the above mining and dividend data will be made public in real !me and are truly transparent and accessible.

Except the equity a&ribute, the asset a&ribute of HIBT is also important. The stability of HIBT price has a direct effect on the users’ enthusiasm for par!cipa!ng in the transac!ons on the HiBTC pla$orm. In order to guarantee a sustainable and robust development of HiBTC, we will make the “Holder Shared Fund Account” public to all users right a"er the pla$orm is put into use. The HIBT unlocked in the account will be 100% locked in the fund account un!l the mining is finished and won’t flow into the secondary market. The dividends these HIBT enjoys will be first used to pay for the dividend bonus generated in the Dividend Bonus Program; and the rest will be used to buy back the HIBT in the secondary market, which will be locked in the fund account, too. When the mining is finished, all assets in the Holder Shared Fund Account, (including HIBT and dividends), will completely belong to all the HIBT holders, and the specific disposal plan will be made public in !me a"er the mining is finished.

Finally, HiBTC hopes to break the barriers to informa!on asymmetry between shareholders and management, and between companies and users under the tradi!onal “firm” model, and to build a co-governed and shared organiza!onal structure so that each HIBT holder has the right to par!cipate in making the pla$orm business decisions. HiBTC introduces the world’s first exchange “1+1” currency lis!ng dual-channel mode, which abandons the tradi!onal fee-based currency lis!ng mode and opens the HIBT holder recommenda!on channel.

THE PROBLEMS
The year 2017 is jokingly referred to as the year of Cryptocurrencies because that is when Blockchain users spiked so much that we started seeing the problems which were previously not an issue, infact in December 2017, the CoinMarketCap of all Cryptocurrencies hit an All Time High(ATH) of almost One Trillion US Dollars. The sudden spike in users exposed the vulnerabilities and some of them are Scalability and Speed of Transactions.

The Bitcoin Blockchain was made to handle 7TPS(Transactions Per Second) and the Ethereum Blockchain was built to handle 15TPS, and in that time period, Users in the Bitcoin Blockchain alone were making way more than 7TPS and this caused a terrible backlog in the Blockchain which lead to longer transaction confirmation time and higher transaction fees, users were having to pay as high as $25 as transaction fee and some had to wait for days before their transactions were confirmed.

This has made integration of Cryptocurrencies in the real world almost because existing Blockchains would not be able to handle the number of transactions not guarantee a frictionless blockchain experience, this problem is what made the HiBTC team to introduce a revolutionary solution called HiBTC.

HiBTC As A Solution
It is Estimated that one of the leading Cryptocurrency exchange has made over $300,000,000 in profit just in the first half of this year alone, Billions of dollars worth of trades are conducted in various cryptocurrency exchanges every single day and this is something that happens every single day, But most of these exchanges tend to keep the profits generated from those exchanges for themselves, they don't give back to the community nor traders.

Have you ever wished there was a Cryptocurrency exchange that distributes some of it's profits to it's community members and supporters? Have you ever wished there was a fast, secure and reliable way to earn rewards just by holding a particular token? If your answer to these questions is yes, then I have very good news for you, such an exchange does exist and it's name is HiBTC.

Before I tell you why HiBTC decided to use such a operation model, it is imperative to tell you a little if this revolutionary exchange's history especially the Origin of it's name.
Like I mentioned earlier, Blockchain technology is here to establish a transparent and fair credit society. This is an aim shared by the founders of HiBTc Exchange and to show solidarity to this noble aim, they decided to name their platform Hi & BTC, like we all know, Hi means different things but it in general, it is used to show friendliness and support, so in other words, HiBTC name itself is engineered to show support to Bitcoin which is the first ever product of the Blockchain Technology. HiBTC is here to create a transparent and Fair Exchange Platform.

REGISTER LINK : https://www.hibtc.com/#/act/register

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”.


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