BINTEX FUTURES: A UNIQUE PLATFORM FOR QUALITY TRADING AND PAYMENT FUNCTIONS

adabekee (32)in #bntx • 4 years ago

INTRODUCTION

This innovation is a smart solution to payment issues on the blockchain. It is very unique with the concept it presents to users and the interesting part of it is the way it uses the distinctive features that makes it such a perfect innovation on the blockchain. By virtue of that , it can be used as a payment platform and can also achieve exchange purpose through the new approach it has introduced into the system. It is a really amazing crypto exchange for all types of currencies as well as fiats and it also makes the trading of future very much possible.

BINTEX FUTURES PLATFORM COMPONENTS

BINTEX functions on the blockchain using special components that add to the system to make it very unique and useful. It has the the Bintexpay payment system that is controlled by the wallet. The wallet is a downloadable software for smart phone users. It is a structure that will make users able to receive or send cryptocurrencies to others. This wallet will also have the users credit and debit card attached to it to aid the process of paying or receiving funds in a better way than how centralized platforms has helped in time pass.

BINTEX is also a quick and stable solution to liquidity. It adequately solve the problems associated with liquidity through the introduction of BNTX token. The token is native, of the Ethereum standard with an essential role. It allows the users to maintain the platform and also contribute to liquidity in the ecosystem. Trading is going to be improved in this platform as the team has ensured.

BINTEX wallet which is a great tool in this ecosystem will contribute a whole lot of benefit like improving the way users store their tokens and enjoy security.

The team doesn't just seek to make cryptocurrencies adopted within the scope of this system alone but globally without limiting the adoption in any way. The pace of growth would increase rapidly as they will be used from the wallet to push beyond many boundaries that has been set by many traditional platforms. Then people will look into using cryptocurrencies on daily basis for day to day transactions and all for their respective purposes. This is why all users will have their private wallet to receive and store their assets independently on the platform. Some will prefer to store them up while others will make use of them in operations. From the wallet, every user will have their unique blockchain address that will contain their information as it covers payment transactions and all history of payments or transactions made. All the information in the platform would be easily accessed at any point in time and holders of BNTX will be rewarded more.

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THE USE OF THE BINTEX WALLET

This wallet is going to ensure the access to the data of users. The wallet will be supported by any device to store any given cryptocurrency and display necessary information to the users on request. The wallet is configured to give price chart in the market and give great insight to the platform. The wallet is already available on the play store for Android users to conveniently install it as an app on their mobile phones.

There is a new cryptocurrency feature that is included in this platform to make crypto a lot more realer and more interractible with. This is through the use of BintexPay Chip card. This card makes the use of crypto real as they use it. It will be globalized and accepted all over the world such that all the users of BintexPay can work with their tokens and have the chips linked to their wallet to encourage real time spending and conversion of cryptocurrencies so that there is always a way to buy and sell tokens on this platform. This platform makes it possible to buy anything with BNTX token, it gives users bonus when they do that and make them able to convert the token to Fiat anytime they want to do so. The platform will also ensure that extra bonuses are given and Fiat currency is used interchangeably in this platform.

CONCLUSION

Futures would be traded as well but there would be a sharp contrast between the way it is done and how other platforms does it. The credit cards connected to the platform, especially to the wallet will help the users connect their funds, consolidate the all in the wallet and make secure transactions from the wallet when they wish. The BintexPay chip will be improved and can be made to serve an all in one function as a credit card for making all forms of payment for any services rather than using the credit cards. This is the improvement that will be seen as this platform is allowed to make this difference.

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