BitZinex Cryptocurrency Exchange
Cryptocurrency exchange is a website where you can buy, sell, or exchange cryptocurrency with other digital currencies or traditional currencies such as US dollars or Euro.For those who want to trade professionally and have access to luxury trading tools, you may need to use exchange which requires you to verify your ID and open an account. If you only want to trade occasionally and directly, there are also platforms that you can use that don't require an account.
It's important to do a little homework before you start trading. Here are a few things you should check before making your first trade.
Reputation - The best way to find out about exchanges is to search through reviews from individual users and well-known industry websites. You can ask questions that you might have on forums such as BitcoinTalk or Reddit.
Fees - Most exchanges must have information about costs on their website. Before joining, make sure you understand the deposit, transaction and withdrawal fees. Costs can vary substantially depending on the exchange you use.
Payment Methods - What payment methods are available on the exchange? Credit & debit card? account transfer? PayPal? If the exchange has limited payment options, it might not be convenient for you to use it. Remember that buying cryptocurrency with a credit card will always require identity verification and comes at a premium price because there is a higher risk of fraud and higher transaction and processing costs. The purchase of cryptocurrency via wire transfer will take longer because it takes time for the bank to process.
Verification Requirements - The majority of Bitcoin trading platforms in the US and UK require some sort of ID verification to make deposits & withdrawals. Some exchanges will allow you to remain anonymous. Although verification, which can take up to several days, may seem like an illness, it protects the exchange against all types of fraud and money laundering.
Geographical Limitations - Certain user functions offered by exchanges can only be accessed from certain countries. Make sure the exchange you want to participate in allows full access to all platform tools and functions in the country where you currently live.
Exchange Rates - Different exchange rates have different exchange rates. You will be surprised how much you can save if you shop. It's not uncommon for prices to fluctuate up to 10% and even higher in some cases.
BITZINEX is a new exchange with services that are easy to trade, send and receive cryptos, BITZINEX offers the best solutions for traders, easy-to-use features and low trading costs, BITZINEX is equipped with a decentralized wallet, which supports thousands of cryptocurrency.
In connection with the long-successful cryptocurrency trading experience, the founder of BITZINEX Exchange analyzes the main challenges with user experience on existing exchanges. With this as a breastplate, this exchange has been designed from the ground up to offer a well-known user experience for both inexperienced and experienced traders. Two usage modes are available:
Light Mode
An easy user experience for newcomers in the cryptocurrency world is something that is lacking in most exchanges. The trading page is full of fairly complicated order books, lots of scroll numbers, and sequence charts. For most professional traders who know what all the numbers mean, this is fine, but for a novice trader, someone with no experience might cause them to stop frustrated. Lite mode tends to treat such inconveniences providing a simple user experience for novice traders who need an easy-to-use interface. Simple order types, easy fund deposits, and vice versa, purchases and sales are just a click away.
Expert Mode (pending development)
This is the most attractive offer we tend to launch, expert mode guarantees the breadth of functionality needed to help professional traders. Detailed and easily accessible charts allow professionals to view historical market data in great detail. Encourage direct trading and ticker data on streaming forms and layouts. Giving expert traders the total control they need for their markets. Our exchanges have been designed to optimize flow, allow traders to enter, have a view of what they need quickly, directly access the markets they are interested in, and carry out the desired trades.
the features
Bitzinex, tends to follow the chronology of its operations, to help offer the best service to their users.
- Private sales / public sales
- Virtual trading
- Real time trading
- Yes
- Decentralized ecosystems in the future
- And much more…
Bitzinex Coin (Binex)
Bitzinex Coins (binex) are the original ones run on the Etheruem blockchain ERC20, with 400 million coins that cannot be reissued. This will be issued as follows:
Personal Sales:
Bitzinex offers private sales to investors who are interested in generating realtime and getting extraordinary bonuses, because they will be considered as early participants and action makers. Personal selling requires a minimum purchase of $ 100 from Binex coins, because it gives you influence for all bonus experiences on the exchange.
Virtual trading:
The virtual trade offer is proposed to demonstrate the transparency of the Bitzinex platform, and help build a revenue merchant community. Virtual trading will be available to all investors participating in private sales.
Real time trading:
Increased trade will be open to the general public, because anyone who by any means of promotion / purchase has access to Binex coins will be able to trade and exchange tokens for any coin of choice.
Public Sales (ICO):
This will happen on BTC and ETH, on the exchange platform. And open to participants who are interested in the whole world. ICO will be the first-come, first-serve-based offer, until all tokens allocated for ICO are used up. Bitzinex initially offered coins would take place in the following scheme;
Bonus:
Bitzinex will also offer bonuses to users in the following ways;
- Binex-coin holder
- Referral bonus.
- Future innovation.
Bitzinex from the beginning will support several coins and pairs for trading purposes:
- BTC
- ETH
- USDT
- BNEX (Bitzinex coin)
- Bitzinex Coin (Binex)
- Bitzinex Coins (binex) are the original run on the Etheruem blockchain ERC20,
- with 400 million coins that cannot be reissued.
Trade fee:
An initial fixed fee of 0.3% per trade will be charged. This small amount will be
subject to makers and takers on trade causes.
Withdrawal fee:
Withdrawal of all cryptocurrency will be subject to a small amount of money, to enable transaction processing.
Registration fee:
Every coin chosen for listing on the platform will be asked to pay a fee
attached to the listing.
Miscellaneous expense:
This might happen for other services that are required by investors, because you will be notified in advance and your approval is sought.
Cost:
The cost of BITZINEX is mainly for upgrading blockchain technology,
promotions and all forms of operations that will bring safer transactions
fund. Funds will also be used for recruitment, development budgets and
Licensing
BINEX BURN
- There will be quarterly Binex coin burning. This will allow stability.
- tokens and also increase market prices. All coins are realized from transactions.
- costs will be burned, a total of 50% of Binex coins will be burned.
KEY PERIOD
- 7.5% allocated to team members must be locked for period three.
- year, because no team member was allowed to sell or assign their Binex tokens.
- September 22nd 2019 to 22 sept. 2021.
- 62.5% assigned to the public will not be locked, like anyone else.
- purchased during the period will be permitted to trade freely.
ROAD PROJECT.
Q1 2018
Concept development
Q2 2018
Team formation
Q3 2018
Development of business models
Q4 2018
White paper arrangement
Q1 2019
Development of the Bitzinex Exchange
Q2 2019
Start with a marketing campaign
Q3 2019
Smart contract / partnership
Q4 2019
Token Sales
Q1 2020
Exchange Testing
Q2 2020
Exchange Launch
Q3 2020
Register / Exchange Crypto
Q4 2020
Cellular Application
Q1 2021
Decentralized exchange
BITZINEX Exchange.
The company and its partners intend to operate in full compliance with applicable laws and regulations and obtain the necessary conditions (licenses and approvals). The platform development and features of all the initiatives described in this whitepaper are not guaranteed. Regulatory licenses and / or regulatory approvals are requested in a number of relevant jurisdictions where relevant activities can occur. It is impossible to guarantee, and no one makes a guarantee, that the license or agreement will be obtained within a different time period or at all. This means that the initiatives described in this white paper may not be available in certain markets, or not at all. This can require the reorganization of these initiatives and / or the unavailability of all or certain items. In addition, the development of any initiative is intended to be implemented instages. If this entity no longer has the correct license in the relevant jurisdiction, this will have an impact on the Company's ability to rely on the services of those parties.
For more information, click the link below:
Website: https://bitzinex.com/
Whitepaper: https://bitzinex.com/BITZINEX.pdf
Telegram: https://t.me/bitzinex
Facebook: https://www.facebook.com/bitzinex
Twitter: https://twitter.com/bitzinex
Author: Mikdad1018
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=2343017