HOW BINTEX FUTURES IS TACKLING LIQUIDITY PROBLEMS IN CRYPTOCURRENCY EXCHANGES

in #bintex4 years ago

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When liquidity is not sufficient, trading becomes difficult. Some cryptocurrency exchanges and liquidity pools are currently trying as much as they can to scale transactions despite the limited liquidity they have.

It may translate to an effort in futility because liquidity is one important feature that is needed to bolster transactions on cryptocurrency trading platforms.

That is why I am pleased to introduce Bintex Futures, which is a new cryptocurrency exchange that wants to resolve liquidity issues using different strategies.

THE BINTEX FUTURES CRYPTOCURRENCY TRADING PLATFORM
Let me now show you some of the working products and features that will trigger an increase in liquidity for cryptocurrency traders that are using Bintex Futures.

1- Support for Security Tokens
The first medium for bolstering liquidity on Bintex Futures is by allowing the trading of security tokens.
Currently, those tokens are one of the most utilized and that speaks volumes of the potential liquidity they will contribute.

By supporting the listing and trading of security tokens, Bintex Futures intends to leverage that to massively increase the liquidity on the platform.

Aside from supporting security tokens, the exchange also allows for resale of trustworthy tradable assets on blockchain.

2- Creating a Balance between the Fiat and Crypto Worlds
Bintex Futures is also looking at creating a balance between the crypto and fiat worlds.

Over time, cryptocurrency exchanges have been criticized for being an extension of the fiat financial ecosystem considering the interface they create between cryptocurrencies and fiat currencies.

Instead, Bintex Futures understands that a balanced financial ecosystem featuring fiat currencies and cryptocurrencies is one of the most important at this time.

One of the effective ways to create that balance is by supporting and adding crypto coins that have strong credibility. The idea is that listing those coins will go the extra mile to increase both liquidity on the platform and the number of investors.

Aside from supporting notable crypto coins like BTC, LTC, WAVES, ADA, and NEO, Bintex Futures is also ready to integrate some fiat currencies.

In the coming months, the platform will add fiat trading pairs, such as USD, KRX and JPY.

3- Instant Fee Settlement
One of the reasons for failed orders and insufficient liquidity is lags in settling transaction fees.
Bintex Futures will stop that by charging traders to instantly settle transaction fees for financial activities they carry out on the platform.

4- Bye-Bye to Shitcoins
Scams are also tenable in the crypto community. So, you shouldn’t rule that out because there are lots of shitcoins out there claiming to be genuine when they are not.

However, it appears that the reign of shitcoins is coming to an end with the validation that comes via Bintex Futures.

The exchange does a lot of background checks to confirm the authenticity of the crypto coins and tokens that it wants to list. It will also interest you to know that Bintex Futures is only committed to listing crypto coins that have more trading volumes. The idea is that the more Fundamental Analysis (FA) the coin has, the more valid it is.

5- Native Token Payments
Binance is popular for being one of the cryptocurrency exchanges that has a native coin for facilitating transactions. The Binance Coin (BNB) is popular for that.

However, there is more to what a native coin of a cryptocurrency exchange can do. That is why you want to use the Bintex Tokens (BNTX) – the native crypto token of the Bintex Futures exchange.

The Bintex Tokens (BNTX) will be used for settling transaction fees, as well as facilitating instant conversion of digital assets to BNTX.

REAL-WORLD USE CASES
There is more to the Bintex Tokens (BNTX) than just to create liquidity when trading multiple coins and for settling transaction fees.

The token can also be used for real-world and offline transactions. For a while now, you have been looking for ways to use your digital assets for offline transactions. You can now use your Bintex Tokens (BNTX) for that.

Here are some of the offline and real-world use cases of BNTX:

BINTEXPAY WALLET

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This is a cryptocurrency wallet with a difference. Unlike the others that are mostly domiciled in the crypto-sphere, you can use your BintexPAY Wallet for some real-world transactions.

The first step is to convert your crypto holdings to the Bintex Tokens (BNTX). Once you do that, the next step will be to transfer your BNTX to the designated BintexPAY Wallet where you can either store the tokens or use the included QR Code for deposits and withdrawals.

BINTEXPAY CARD
The Bintex Futures cryptocurrency exchange empowers you to make offlin purchases using the BintexPAY Card.

Provided you have BNTX in your BintexPAY Wallet, you can easily withdraw and convert your Bintex Tokens (BNTX) in the form of fiat currencies.

You can use the BintexPAY Card in several offline payment terminals, including:

  • Shops
  • Fiat payment gateways and
  • To recharge or pay bills

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CONCLUSION
Bintex Futures has working products that cannot be overlooked because those will bolster your chances to make money as a cryptocurrency trader/investor.

USEFUL LINKS
WEBSITE - https://bintexfutures.com
✍️FACEBOOK - https://www.facebook.com/bintexfutures2019/
✍️LINKEDIN - https://www.linkedin.com/company/bintexfutures/
✍️TWITTER - https://twitter.com/Bintexfutures
✍️TELEGRAM - https://t.me/bintexfutures_chat
✍️REDDIT - https://www.reddit.com/user/BintexFutures
✍️YOUTUBE - https://www.youtube.com/channel/UCTZsygYwafZdx0CsVKcyuWw
✍️INSTAGRAM - https://www.instagram.com/bintexfutures/
✍️WHITEPAPER - https://bintexfutures.com/Bintexfutures%20white%20paper%20V%201.0.pdf

POA: https://bitcointalk.org/index.php?topic=5280276.msg55738130#msg55738130

AUTHOR
Bitcointalk Username- Hassat
Bitcointalk Profile link- https://bitcointalk.org/index.php?action=profile;u=2767680;sa=summary

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