Bcnex - The Ultimate Blockchain Trading Platform
Hi. Let me introduce another new project.
Bcnex is a cryptographic trading platform and provides an exchange token called BCNX. From the second half of last year until now, you know that the exchange tokens and meta are getting very popular. . BCNX is uniquely an exchange token and a security token.Let's talk a little bit about the difference between a utility token and a security token.
Security token: When the token has value as a security, it is called a security token. Tokens that can return profits to investors, such as dividends on investments, can be considered as securities and are likely to be affected by securities laws. The security token is a term from the Securities and Exchange Commission (SEC) and must be registered with the SEC in order to become a security token. Even Etherium was not recognized as a security token. It may be illegal to deal with security tokens on exchanges without SEC registration. Accordingly, securities tokens are regarded as securities, and securities issuance must be issued when issuing tokens in accordance with securities laws.
Utility tokens: A couple of tokens from the past to the present are utility tokens. A utility token is a token designed to work in the company's ecosystem. Etherium is here.
Payment token: literally payment related coins. Bit coin, light coin, etc.
Bcnex is a Vietnam based exchange and all team members are from Vietnam. It is not a trendy trading mining platform now, but the UI is very neat, and it seems to be fairly stable. Note that UI is most similar to Binary.The trading platform looks clean and stable, but there is no difference from other exchanges. However, as shown in the picture above, it is attractive that 2 million orders can be processed per second.The BCNX token is a security token on the website, but we have not found a basis for it yet. I'll analyze the white paper in the following article and finish the article. Bcnex is very similar to the Exchange platform UI and how it works, but the use of BCNX tokens is very similar to BNB. It is also used for transaction fees, withdrawal fees and listing fees, and is also used to support ICO / STO private sale, angel funding, and other funding.It 's very similar. I think it will be a security token, the application of the Securities Law, the claim of income, decisions, or dividends.
Now let's learn more about BCNX.
- The Bcnex exchange will officially release its token sales and exchange platform in the second and third quarter of 2019, which will be introduced in the roadmap below. BCNX, used in exchanges, is used for cryptographic transactions, sales, purchases, and can pay up to 75% of the incentive fee.
- Bcnex works with the default token called BCNX. Exactly 200 million BCNX will be issued and the quantity never increases. BCNX is an ERC223 standard token released in Ethernet block chain.
ICO Platforms: Bcnex supports successful fundraisers through personal sales, angel funding rounds, or custom tailored ICO / STOs that companies want. - The Bcnex trading platform allows governments to manage both corporate funding issues and individual investment activities. You can calculate and collect taxes through trading platforms.
- It is also designed to enhance security with the ERC223 standard and to limit the total supply through token incineration. I think that the probability of undermining the value of the token is small.
- The announcement on March 2 shows that angel investors have invested so far to raise $ 1 million and ended the session on March 2.
Roadmap
As you can see from the roadmap, the token sales and Bcnex exchange will officially open in the second and third quarter of 2019. In the first quarter of 2020, margin trading is scheduled to be introduced after testing.
conclusion
As mentioned above, BCNX tokens are designed to be similar to BNB tokens and are similar in use. While the domestic dividend meters are all doing charts, Vietnam is also a country where cipher money is blowing big, and the exchange UI, stability and security are good, and BCNX token design is also good. It is also one of the most popular security tokens this year. It is not a token to look at in the future.If you are still wondering, please check below.
Web site https://www.bcnex.net/
White paper https://www.bcnex.net/docs/BCNEX_WP_ENG.pdf
Telegram https://t.me/Bcnex_Official
Author : zorzia
Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=2283026