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BCNEX: AN INNOVATIVE, SEAMLESS AND SECURE EXCHANGE ACCESSIBLE TO BOTH BEGINNERS AND EXPERTS

INTRODUCTION

Adapting to the ever-changing world of technology and the process of things is one of the key ingredients for success in business. Blockchain technology, smart contracts etc. came to solve the irregularity in the financial sector which is transparency and security. Cryptocurrency is thus being exchanged and the exchange is excellent on platforms, the exchange platform is of two (2) types

  1. Fiat exchanges
  2. Crypto and Digital Asset exchange
    Fiat exchanges are limited because they offer their users poor rate and do little to educate them. Crypto and Digital Asset exchange, on the other hand, are too complex for beginners.
    That is why we are excited to announce the emergence of a revolutionary infrastructure called BCNEX which hopes to solve the existing exchange problem by giving users an interesting experience, good customer service, defined policies whilst also training them.
    Existing Exchange problems
    With the increasing number of cryptocurrency and exchange markets, there have been also, an increasing number of threats and issues plaguing its advancement some of which include:
  3. Lack of security
  4. Poor Customer Service
  5. Poor Technical structure
  6. Declining liquidity
    Lack of security: hackers, mostly been the reason several coin trading platforms have gone into extinction, peculiar examples are
  7. MT.Gox where nearly $400,000 million was stolen in 2014.
  8. BitGail where over $170million was stolen
  9. NiceHash $70 million was stolen
  10. Bitfinix where $720,000 was stolen

BCNEX ensures the highest standard of security, the platform going through a series of tests and routinely checked to ensure security measures are met. The platform has a team that is well versed and one step ahead of security threats.
Poor Customer Service: without much words, customer service is a very important part of any exchange but unfortunately exchanges have failed to see this and tap into its potentials. Once users, experience bad customer service leaving and seizing patronage becomes imminent. Customer complaints range from login issues, long withdrawal time, unanswered tickets etc.
Poor Technical structure: With little experience about finance Engineers are given the task of creating this exchange platform which may work well at first but as traffic increases the system begins to wane out. BCNEX has a team of qualified finance gurus and qualified engineers, syncing their skills together they create a suitable and long lasting platform.
Proposed Solution by Bcnex
Like I said earlier, Bcnex is making its entry with a huge value proposition, the solutions it is bringing to the table include;

  1. Technical Solution ( Bcoms matching system, microservice architecture)
  2. Security Solutions ( multilayer security solution, optimal wallet solution)
  3. Liquidity solutions
  4. Customer service Solution
    A. Bcnex order matching system (Bcoms) is a system which matches buy and sell order. This system makes it possible for over 2 million (2,000,000) orders to be handled per seconds with low latency and flexible scalability. This making it very fast.
    B. Microservice architecture: physical servers are added to the platform making it possible for the system to handle a large number of transaction and also make modification and scaling easy without having to tamper with the system.
    C. Multilayer security solution: from one security protocol to another Bcnex has been geared up. Robust firewall, antiDos tools and multiuser alert system, the use of Google authentication (2fa) for deposit and withdrawals, know your client prompts (KYC), ensuring when suspicious activity is being carried out on an account, that account is temporarily suspended and a message is sent to the account owner.
    D. Optimal wallet solution: with the combination of cold wallet, hot wallet and secure hardware storage functions cryptos saved on the platform are well secured. 98% of it stored using the cold wallet immune to attacks and the rest on the hot wallet for daily transactions.
    E. Customer service Solution: Customer support a core value of the Bcnex network. Built by a team of experienced professional hence customers would rest assured that whatever technical issue they might have a solution will be promptly provided.

Bcnex the Token

The official token for the platform will be Bcnx it will be used to pay for any fees including; transaction fees, withdrawal fees and listing fees. In using these token users will enjoy discounts as against using other coins.

SUMMARY AND TEAM

The best of its kind, offering seamless integration between digital asset and traditional exchanges. An exchange accessible and easy to use and secure for everyone both beginners to experts.

For more insight on the BCNEX Project, please click on the links below:

Website: https://www.bcnex.net
WhitePaper: https://www.bcnex.net/BCNEX_WP_ENG.html
Facebook: https://www.facebook.com/bcnex.net
Twitter: https://twitter.com/bcnex_net
Telegram: https://t.me/Bcnex_Official
Bitcointalk: https://bitcointalk.org/index.php?topic=5111223.0
Linkedin: https://www.linkedin.com/company/bcnexholdings
Reddit: https://www.reddit.com/user/Bcnex_Official
Medium: https://medium.com/@bcnex
BCNEX Registration Link: https://www.bcnex.net/register.html
Author's Bitcointalk Username: Jannyh
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1883625

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