Bitzinex Exchange.


#BNEX #Social #trading #blockchain #crypto #cryptotrading

High-Memory Matching Engine.

BITZINEX is built on a highly-efficient memory matching technology, capable
of sustaining an order-making value of about 1.8 million/second. This
guarantees a NO delay on your transactions. With our 24/7 support that actively
operates to attend to all dispatched queries provides her users an advanced
services of digital asset transactions and exchange. Its state of the art crypto
platform offers a high security, convenient, and user-friendly experience.
Bitzinex team members are professionals who have been in the finance industry
over a long period of time, trading on both traditional and crypto exchange. The
team has worked and operated on a number of exchanges, coming together to
put up the platform, having acquired a network of partners in the industry who
are a major contributors to the trajectory of the exchange. The project is fully
funded, and never a fund –raising document, with strategized keynotes and
executions.

Operational Features.

Bitzinex, tends to follow chronologically its operations, to help offer the best
services to their users.
  1. Private sales/public sales
  2. Virtual trading
  3. Real time trading
  4. IEO
  5. Future Decentralized ecosystem
  6. And many more…

Services.

As earlier stated, Bitzinex offers a well user-friendly trading platform,
narrowing to its awesome service;

Dashboard

Bitzinex offers a very flexible but effective user dashboard, where you could
track all your recent and old transactions with ease.

News Flash

On the user dashboard, a spontaneous uploads of the platforms promotions, upcoming events, listings, and most importantly crypto news and information.
Keeping you updated at just a glance on your screen.

Online Customer-Care

BITZINEX is always a step ahead of other exchange platform, offering a quick
access to a care agent who responds to your impending challenges and offering
a positive feedback to your inquires.

Know Your Customer (Kyc)

Proven beyond every reasonable doubt, kyc has since its adoption reduced
drastically the high rate and rise in online fraud’s and theft. In 2018 alone the
number of scams hovering around the crypto community, caused a lot of
individuals, firms and some private sectors loosing quite a huge amount of
money. BITZINEX puts its customers first, ensuring a high security for your
wealth and investments. We incorporated in our system the KYC verification
process, allowing us to ensure that any posing user/investor are genuine owner
of the account.

Blockchain Bloat

Resolving the blockchain bloat. This is being achieved through a powerful
compression and good number of flash storage, storing up to about 20 tbs. and
in essence issuing fast transactions.

Work Flow Background

In regards to long successful cryptocurrency trading experience the founders of
BITZINEX Exchange analyzed major challenges with the user experience on
existing exchanges. With these as a breast-plate, the exchange has been designed
from the ground up to offer a renowed user experience for both inexperienced
and experienced traders.
Two modes of use are available:
  1. Lite Mode
  2. Expert Mode (pending development)
Bitzinex will from the start support a couple of coins and pairings for trading purposes:
  1. BTC
  2. ETH
  3. USDT
  4. BNEX (Bitzinex coin)

Bitzinex Coin (Binex)

The Bitzinex coin (binex) is a natively runned on Etheruem blockchain ERC20,
with a non-reissuable 400million coins.

This would be issued as follows:

  1. Private sales:
    Bitzinex offers private sales to the investors who are interested in earning realtime and getting amazing bonus, as they will be considered as early participants and action takers. The private sale requires a $100 minimum purchase of the Binex coin, as it grants you a leverage to all bonus experiences on the exchange.
  2. Virtual trading:
    The virtual trading offer is proposed to showcase transparency of the Bitzinex
    platform, and help build the community of income traders. The virtual trading
    would be made available for all investors who participated in the private sale
  3. Real time trading:
    Enhanced trading would be opened to the general public, as all who by any
    promotional/purchase means have access to the Binex coin would be able to
    trade and exchange the token to any preferred coin of choice.
  4. Public Sales (ICO):
    This would take place in BTC and ETH, on the exchange platform. And it’s
    open to interested participants all over the world.

Bonus:

Bitzinex will also offer bonuses to it users in the following ways;
  1. Binex-coin Holders
  2. Referrer bonus.
  3. Future innovations.

Revenue / Expenses Model

The exchange generates its income through trading and withdrawal fees by users
of the platform.
  1. Trading fees:
    An Initial fixed fee of 0.3% per trade will be charged. This tiny amount will be
    subjected to the maker and taker on the cause of the trading.
  2. Withdrawal fees:
    Withdrawal of all cryptocurrencies will be charged a tiny sum of money, to enable processing of the transactions.
  3. Listing fees:
    Any selected coin for listing on the platform will be required to pay some fees
    attached to listing.
  4. Other fees:
    This may be incurred for any other required services by the investor,as you would be notified first and your consent seeked.
  5. Expenses:
    BITZINEX expenses would be mainly for blockchain technology upgrades,
    promotions and all form of operation that will bring more secured transaction
    of funds. Funds will also be used for recruitment, developmental budgets and
    Licensing.

BINEX BURN

There would be a quarterly burn of the Binex coin. This will enable the stablility
of the token and also boost the market price. All coins realized from transaction
fees will be burned, in total 50% of the Binex coin will be burned.

LOCK PERIOD

The 7.5% allocated to the team members are to be locked for a period of three
years, as no team member is allowed to sell or assign their Binex token from
sept. 22nd 2019 to 22nd sept. 2021.
The 62.5% assigned to public are not in any way subjected to lock, as any who
purchased during its period would be allowed to trade freely.
Bitzinex initially coin offering would be taking place in the following scheme;
  1. First Phase:  50%
  2. Second Phase:  35%
  3. Third Phase:  15%

TOKEN ALLOCATION

  1. PUBLIC&PRIVATE SALES: 62.5%
  2. TEAM&ADVISORS: 7.5%
  3. MARKETING: 5%
  4. TRADING COMPETITION: 12.5%
  5. BOUNTY&AIRDROP: 3%
  6. TECHNICAL DEVELOPMENT: 3.75%
  7. ECOSYSTEM DEVELOPMENT: 3.75%
  8. RESERVE: 2%

PROJECT ROAD MAP.

  • Q1 2018
    Concept development
  • Q2 2018
    Team formation
  • Q3 2018
    Business model development
  • Q4 2018
    Drafting of White paper
  • Q1 2019
    Development Bitzinex Exchange
  • Q2 2019
    Starting of marketing campaign
  • Q3 2019
    Smart contract/Partnership
  • Q4 2019
    Token Sale
  • Q1 2020
    Exchange Testing
  • Q2 2020
    Exchange Launch
  • Q3 2020
    Listing/Crypto Exchange
  • Q4 2020
    Mobile App
  • Q1 2021
    Decentralised Exchange

LEGAL DISCLAIMER

Before erbarking on any investment, it is of best interest to understand the
potential risks involved. Cryptocurrency exchanges are all subjected to inherent
risks, which could be seen by series of happenings and experiences by traditional
exchanges, as well as cryptocurrency. Investor’s stakes high risk every time they
trust the exchange with their funds. Same could be said about the exchanges
being at risk by simply being exposed to the internet. The best line of defense for
this is a well-educated user. Checking the URL in the address bar and the SSL
security certificate details is a good start, along with regular malware scans.
Managing these risks is an important part of the planning and development of
BITZINEX Exchange.
The Company and its partners intend to operate in full compliance with applicable
laws and regulations and obtain the necessary requirements (licences and
approvals). The platform development and features of all the initiatives outlined
in this whitepaper are not guaranteed. Regulatory licences and/or approvals are
likely to be required in a number of relevant jurisdictions in which relevant
activities may take place. It is not possible to guarantee, and no person makes any
assurances, that any such licences or approvals will be obtained within a
particular timeframe or at all. This means that the initiatives described in this
whitepaper may not be available in certain markets, or at all. This could require
restructuring of these initiatives and/or its unavailability in all or certain respects.
In addition, the development of any initiatives is intended to be implemented in
stages. If these entities are no longer properly licensed in the relevant jurisdiction,
this will impact the ability of the Company to rely on the services of that party.

WWW. BITZINEX.COM

For more accurate information, please visit the link below:


AUTHOR

by ; wanda11 link: https://bitcointalk.org/index.php?action=profile;u=2690432

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