BCNEX TRADING PLATFORM WITH ORDER MATCHING SYSTEM
Cryptocurrency from its inception has its own place for its community, which until now has become one of the things that are increasingly in demand even now it has become known throughout the world. Its very rapid development is also influenced by communities that support this new technology, as well as currencies that have different benefits compared to currencies that currently circulate and are used by the public.
Along with the rapid growth of people who use crypto currencies, another solution and business ideas also emerge, one of which is an exchange site. The presence of various cryptocurrency exchange sites is now increasingly coloring the growth and development of very rapid blockchain technology. Transactions that occur between exchange of cryptocurrency with the currency currently circulating, This shows the interest of every person increasing to make buying and selling transactions on exchange sites.
Exchange sites that are reliable and can be trusted to accommodate this trading, will definitely have many users. Everyone will also glance at how a site can guarantee security of the assets of each user. Therefore, exchange sites are competing to provide best services and features so that the owners of crypto assets want to use their services. This time I will introduce one of the new exchange sites which will soon be released to public soon. This site has its own advantages described in their white paper, they explain that it has advantages over other trading platforms. The advantages of this exchange site compared to others are in speed, security and can handle 2 million trade orders per second. In addition, they also released their own ERC223 token named BCNX token, this exchange site is BCNEX.
What is BCNEX?
A Bcnex is a full-service ecosystem for the purchase, exchange and trading of blockchain-based tokens and a wide range of digital assets. It is a customer-centric, highly secure and stable trading platform built on microservices architecture that meets the most stringent customer requirements.
It is supplemented by an optimal asset storage model achieved by combining hot wallets, cold wallets, and secure hardware with similar operational structures applied by banks, ISP providers, and the governments of developed countries. This guarantees absolute security of customer assets even if the system is compromised, while still ensuring the platform liquidity.
Compared to existing solutions, Bcnex is a fast, accurate and low latency trading platform with flexible scalability that can handle up to 2,000,000 orders per second. It operates wit hits own native cryptocurrency - the BCNX token. First built on the Ethereum blockchain and then migrated to CrytoNote, it will be used to trade, buy and sell other cryptocurrencies, cover transaction fees and receive incentives of up to 75%.
Bcnex is a user-centric exchange developed as a result of the collaboration between experienced developers and trading experts with a proven track record in automating distribution, designing high performance web applications and facilitating access to the financial market. Backed by a team that has been deeply immersed in the cryptocurrency community for years, Bcnex is ideally positioned to become a globally accessible exchange for the blockchain era that is meant to reward you, the user.
The BCOMS Order Matching System
The Bcnex Order Matching System (BCOMS) is a component that matches the buy and sell orders of the exchange. This is the most important component of Bcnex and is built with great precision. All buy/sell orders are stored in high-performance queues and the system is designed to ensure data integrity with no losses of orders The BCOMS has low latency and flexible scalability, making it capable of handling up to 2,000,000 trading orders per second. This makes Bcnex one of the fastest exchanges in the industry, thus eliminating common issues due to overloaded systems and clogged orders.
A Stable System Built On Microservices Architecture
Bcnex deployes a microservice architecture to ensure scalability by adding physical servers when the system needs to handle a large number of customers and transactions. With load balancing systems placed on a robust infrastructure with the capacity to automatically monitor the system condition, Bcnex maintains a stable service with uptime of up to 99.9%. Access speed is also one of the prerequisites we focus on to improve user experience.
Bcnex uses microservice architecture, which is divided into small services with a separate database. This allows us to easily make modifications and scales when needed without compromising the whole system.
Safety And Security Solutions
Bcnex's has been engineered from the ground up with security in mind. To ensure this, we are deploying system security in several layers, including (but not limited to): robust firewalls, anti-DoS tools, and multiple user alerts. If abnormal activity is detected, Bcnex blocks the account for a certain period of time and alerts the owner of the account. Use of Google Authentication / 2FA SMS is required when the user takes any action relating to security and withdrawals on the platform as an additional measure of security. In addition to the process of KYC (Know Your Customer) before attempting to perform any transactions-related behaviors. We will make efforts to ensure security of all users crypto assets, aiming to achieve banking industry level auditing and security compliance.
SUMMARY
In addition to launching an exchange site, they will also release their own token called the Bcnex Token, and symbolized as BCNX. Total supply of BCNX coins will be limited to 200,000,000 (two hundred million) and new coins won’t be released in the future. BCNX is an ERC223 standard token released on Ethereum blockchain.
Token Allocation
BCNX tokens will be allocated as follows:
• 50% (100,000,000) of tokens will be for public sale
• 38% (76,000,000) will be allocated to Bcnex team members and advisors
• 5% (10,000,000) will be sold to angel investors
• 2% (4,000,000) will be used for Bounty program and incentives
• 5% (10,000,000) will be reserved for future use
Roadmap
Team Members
Investors & Advisors
BCNEX - Introduction
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Maybe that's all can be explained about BCNEX. I highly recommend you try this latest exchange site. Features and appearance are so friendly to use, I am sure that in the future BCNEX can compete with players who have already entered the industry first.
For more information you can see social media and official sites from BCNEX:
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=5111223.0
Website: https://www.bcnex.net
Whitepaper: https://www.bcnex.net/docs/BCNEX_WP_ENG.pdf
Onepage: https://www.bcnex.net/docs/Onepage.pdf
Telegram: https://t.me/Bcnex_Official
Twitter: https://twitter.com/bcnex_net
Facebook: https://www.facebook.com/bcnex.net
Medium: https://medium.com/@bcnex
Reddit: https://www.reddit.com/user/Bcnex_Official
Author:
Bitcointalk user: geekinlearn
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2577011