Bintex Futures – The Hybrid Cryptocurrency Exchange

in #bintexfutures4 years ago

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Centralized Exchanges (CEXs) soon seized the opportunity of decentralization, as proposed by the Distributed Ledger Technology (DLT)/blockchain.
Ever since then, there have been consistent clamor for a decentralized approach to trading cryptocurrencies. It wasn’t long before Decentralized Exchanges (DEXs) were launched.

However, both exchanges have some critical issues that need to be addressed. The problems associated with trading on either of a Centralized Exchange or a Decentralized Exchange includes:

  • Low volumes
  • Payloads and vector attacks
  • Bias for ERC-20 crypto tokens and
  • Slow transaction speed

THE SOLUTION IS BINTEX FUTURES

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Bintex Futures is a new and disruptive cryptocurrency trading platform that combines both the properties of a Centralized Exchange and a Decentralized Exchange.

As a hybrid cryptocurrency exchange, the platform aims to resolve some of the challenges associated with CEXs and DEXs while charting a new framework for cryptocurrency trades.

If you are a cryptocurrency trader, I am confident you will find reasons to trade via Bintex Futures, especially after considering the following unique features:

HYBRID STRUCTURE
The first characteristic of this cryptocurrency exchange is that it allows you to enjoy the attributes of both the Centralized Exchanges and that of the Decentralized Exchanges.

The amazing thing about that is that you can now enjoy the security advantages of a Decentralized Exchanges (DEXs), just as you will also enjoy the convenience and speed of a Centralized Exchange (CEX).

PLATFORM SECURITY
Bintex Futures also goes out of the way to improve on the security of the exchange. Considering the multiple attacks on some cryptocurrency exchanges, it isn’t surprising that the exchange took a lot of time to understand the causes of those payloads so that it can fashion out a way to avoid them.

To that end, YOU are rest assured that your cryptocurrency transactions on Bintex Futures wouldn’t be exposed to cybercriminals because the exchange uses some of the best security mechanisms, such as:

  • Data Encryption
  • Web Server Application Firewall and Security Filters and
  • Modern hashes

INSIDE THE EXCHANGE
Bintex Futures also has a variety of tools that will make you a better cryptocurrency trader. Some of those tools include:

Robust Matching Engine
The work of Matching Engines is to facilitate the speed of transactions. That of Bintex Futures does that excellently, while distributing resources to ensure that the matching engine is not overwhelmed in the course of transactions.

Ideally, you should expect the Bintex Futures Matching Engine to process up to 1.5 million orders every second.

Multiple Trading Options
Spot Trading is not the only trading option on Bintex Futures. Instead, here are the additional trading options you will enjoy:

  • On-chain/decentralized trades
  • Peer-to-peer trades
  • Margin Trading and
  • Digital token issuance

Crypto for Real-World Uses

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For the first time in many years, you can now use your cryptocurrencies for real-world transactions.
That is possible via the BintexPAY chip card that you can use to make offline/real-world transactions, provided you have sufficient Bintex Token (BNTX) in your BintexPAY Wallet.

Some of the use cases include:

  • Travel bookings
  • Mobile recharge
  • Hotel bookings
  • Electricity bill payments and
  • Online shopping

THE DECEMBER TIDINGS
The opportunities presented by Bintex Futures are already underway, and are not far away as you may have thought.

This innovative cryptocurrency exchange is set to kick off operations in December 2020 when it will perform its Test Network.

During this time, the exchange will launch its cryptocurrency wallet so that the early adopters can take advantage of the BETA version of the exchange to trade the major crypto assets this December.

Worthy of mention is that qualification for the first batch of cryptocurrency trading on the platform will be exclusive to the users who already downloaded the BintexPAY cryptocurrency wallet.

So, do well to keep your ears on the ground to learn when the Bintex Futures Exchange BETA version will be launched so you can download the BintexPAY wallet for convenient trades.

EXCHANGE DEVELOPMENT
The essence of the BETA version of the cryptocurrency exchange is to identify the potential loopholes with the aim of finding solutions to them.
Once that is discovered and fixed, the next step will be to focus on further development and continuous testing of the trading platform to be certain that it is convenient for advanced trade.

Among the pecks of this development of the Bintex Futures cryptocurrency exchange is the support of all major cryptocurrencies so you would not miss trading your favourite crypto assets.

You will also be empowered to use the functional BNTX trading platform and the dedicated BintexPAY wallet to store your crypto assets.

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CONCLUSION
Bintex Futures offers you a rare opportunity to make the most out of your next cryptocurrency trades.
I hope you will register on the exchange so you can benefit from the plethora of features it has to offer to the cryptocurrency community.

To get more detailed information, click the links below:
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

AUTHOR'S DETAILS
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