BEXAM EXCHANGE REVIEW

in #cryptocurrency6 years ago

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OVERVIEW

Since the invent of blockchain technology, developers have created thousands of cryptocurrencies which is focused on different sectors of the economy such as energy, agriculture, banking, shipping and so many others. Currently, the cryptocurrency market capitalization is worth over $610 billion. Despite the fact that the cryptocurrency market is still a growing market, there are more than 1500 cryptocurrencies today and there are still a lot more to come. However, these cryptocurrencies are faced with countless challenges such as listing on exchanges, difficulties in trading, high volatility, secure transaction, issue of storing coin and the high risk involved among others.

Cryptocurrency Trading platforms also known as Exchanges are online platforms where you can exchange one cryptocurrency for another cryptocurrency or sometimes for Fiat currency. A cryptocurrency exchange is a third-party platform from which one can purchase or trade Cryptocurrencies. A Cryptocurrency can simply be exchanged for Fiat or different Cryptocurrencies on an exchange. There are varieties of Cryptocurrency exchange depending on the type of services they give. They can be trading platforms, peer-to-peer exchanges or brokers. In determining an exchange, factors such as security, speed, fees, the process of buying, ease of use, effective customer service, etc. need to be analyzed.

There are two(3) types of cryptocurrency exchanges; Centralized and Decentralized exchanges, and Hybrid cryptocurrency exchanges.

Centralized Exchanges: A centralized exchange is an online cryptocurrency platform that makes use of a third party or middle man to execute transactions no matter the asset that may be in place. Just like customers trust banks to hold their money, traders trust these middle men operating in centralized exchanges to handle their assets.

Decentralized Exchange (DEX):: A decentralized exchange on the other hand is an online cryptocurrency platform which eradicates middle men, and returns control and security of assets and private keys to their respective owners. A decentralized exchange can be termed as a “trust-less Environment”.

Hybrid Cryptocurrency exchanges: As the words "hybrid" says, it is a mixture of both centralized and decentralized exchanges.

Today, i will introduce to you guys a revolutionary Hybrid crypto exchange that gives traders the best trading expereince.

INTRODUCING BEXAM EXCHANGE

BEXAM is a hybrid exchange that is blockhain-based and a Directed Acyclic Graph(DAG)*, which makes the Bexam exchange a very fast and secure cryptocurrency platform. BEXAM exchange builds the next generation digital asset exchange for traders of every skill level with the aim of making digital currency trading accessible to everyone.
BEXAM Developers are a group of talented individuals based in Singapore and Tokyo, and this team is on a mission to provide users with a blockchain solution that will make cryptocurrency trading very easy for everyone.

STATEMENT OF PROBLEM

There are so many cryptocurrency exchanges existing in the world today, and many of them accept crypto to crypto trading pairs. Here are some of the problems facing the crypto exchanges of today, such as

High Trading Fees: Popular exchanges can charge between 0.8% to 3% in fees.

Poor Security: So many Exchanges do not have a strong security to protect users assets.

Poor User Interface: There are so many crypto exchanges that has a poor User-interface which makes it difficult for users to Navigate through the platform.

Low Scalability: So many Popular exchanges offers Low liquidity which in other words delays trading activities on the platform.

Block Time: So many existing cryptocurrency exchanges always take as much as 3 min to generate a block.

SOLUTIONS PROFFERED BY BEXAM EXCHANGE

BEXAM exchange will use its own technology, which is a consensus-building algorithm known as Proof of Rounds(PoR), BEXAM exchange aims to bring a perfect solution to all current problems facing cryptocurrency exchanges today, such as block time, transaction speed, security and scalability. The major characteristics of the PoR algorithm is High Speed, Scalability and security

PROOF OF ROUNDS(PoR)

BEXAM exchange uses "Proof of Rounds" (PoR) algorithm which provides a high speed, scalable and strong security. The Proof of Rounds makes the BEXAM exchange a dream come true for every cryptocurrency trader because it has the capability of

  1. processing Block time transactions as fast as 0.2 seconds,

  2. BEXAM trading platform guarantees its users with high scalability and stable trade volumes. High performance, up to
    40 million transactions per second (TPS), through a flexible network structure.

  3. Transaction Approval speed: Proof of Rounds has the ability to process transaction speed instantaneously.

OUTSTANDING FEATURES OF BEXAM EXCHANGE

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Modern User Interface: As we can see in the image above, BEXAM exchange has a well designed User interface that makes the trading experience enjoyable and convenient for Traders.

Trading Pairs: BEXAM exchange has variety of trading pairs that so many users can be able to trade their favorite digital assets on the platform BEXAM exchange. it will support trading pairs such as; BTC, ETH, BEXAM, NEM, EOS, and so many others.

Scalability: Using Proof of Rounds algorithm, BEXAM exchange will have a high transaction speed and Block time of 0.2 seconds.

High Security: High-Security: BEXAMexchange offers users with top notch security, and uses Multi-layered security protocols in order to safeguard all assets and Funds of traders on the BEXAM exchange platform.

Low Fees: Users on the BEXAM exchange can choose to pay transaction fees uSing the native token known as the BXA Token which gives up to 50% discount on fees. Paying trading fees with BXA will be more cheaper than paying with other digital assets.

24/7 Support Services: BEXAM exchange has a 24/7 multilingual customer support services. They are always available to answer any questions or enquirers made by users on the exchange in any language of your choice.

Referral Program: Registered Users on the BEXAM exchange can invite other friends/traders to the platform will receive 20% of the invited user's transaction fee in BXA tokens.

ABOUT THE BXA TOKEN

BXA is a native token of the BEXAM platform. It is developed on the BEXAM blockchain.

USE CASES

BXA can be used to carry out other operational activities on the BEXAM exchange such as

  • BXA token will serve as the primary token that will be used on the BEXAM exchange and it can be traded with other cryptocurrency pairs.

  • BXA Token will also be used as Voting rights for new coin listings

  • BXA Token will be used for Discounts on fees paid using BXA, thus reducing transaction fees.

TOKEN SALE DETAILS

Symbol: BXA
Maximum Supply: 1,000,000,000 BXA (1 Billion BXA)
Price: $0.12 USD
Accepted Currency: BTC
Softcap: 2,500,000 USD (2.5 Million USD)
Hardcap: 16,000,000 USD (16 Million USD)
Initial Circulating Volumes* 80,000,000 BXA or less
Date of Sale : TBD
Minimum Investment: 0.05 BTC
Maximum Investment: 1 Super Node
Bonus BXA : 10% BXA

TOKEN DISTRIBUTION

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TOKEN ALLOCATION

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ROADMAP

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TEAM

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MARKETING AND DEVELOPMENT

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ADVISORS

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PARTNERS AND LEGAL ADVISORS

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CONCLUSION

Conclusively, BEXAM exchange is developed by professionals with the sole aim of providing traders with the best trading experience any Cryptocurrency exchange could offer by using Proof of Rounds technology(PoR), Thus creating a a world-class crypto exchange.

For more information on this project visit

Website: https://bexam.io

Whitepaper: https://bexam.io/pdf/BEXAM_Whitepaper_V4.0_3.pdf

Telegram: https://t.me/joinchat/HSOophGd4wk_jTd1NqC2GQ

Facebook: https://www.facebook.com/BEXAMofficial

Twitter: https://twitter.com/BEXAM_official

Bounty0x Username: crispy553

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