Cryptocurrency Cryptocurrency Exchange: Sometimes known as “exchanges”, these are institutions that enable users to exchange cryptocurrencies for other cryptocurrencies and fiat currencies. In effect, they serve as intermediaries between cryptocurrency buyers and sellers, connecting demand with supply and enabling buyers to make their desired purchases using cryptos or fiats of their choice, according to which ones are supported by the individual exchange.
BitcoinBing is a cryptocurrency marketplace with unique features and enhancements that make it better than any other typical cryptocurrency exchange. Leveraging the peer-to-peer architecture, which the entire blockchain concept is built on, BitcoinBing gives absolute control to its users over their desired cryptocurrency exchange formats, processes and procedures.
- Bitcoinbing exchange enables all the users to place the transactions on Zero percent fee
- Bitcoinbing wallet offers security with blockchain protection which seals every transaction firmly
- Bitcoinbing will provide assistance round the clock by the well-trained specialists on the platform
BitcoinBing Vision
BitcoinBing’s vision is to raise the standard of expectation across the industry and to deliver a world class experience with an exceptionally powerful trading engine, active platform development and a customizable interface. We are tackling issues that span the industry and our platform is dedicated to the user base. Bitcoinbing is a balancing participation in the blockchain space and accelerating mass adoption. This project is focused at optimizing the trade with induction of cryptocurrency and blockchain. It is an endeavor to usher the world into a secure and reliable system. Bitcoinbing will secure the interests of its users in all aspects. Its motto is to ease the way people make their transactions today. With peer-to-peer architecture, this platform will neutralize the profit for every user.
The onsite Bitcoinbing matching engine has a phenomenal transaction processing capacity that can handle up to 1,000,000orders/second. Bitcoinbing users are spared from the trouble of waiting for their orders to get out of a queue which in some instances can take days or even weeks to process. This platform offers all the services that a typical exchange provides such as spot trading, margin trading, anonymous instant exchange and decentralized exchange.
In addition to that, it also offers the ability to conduct over-the-counter and peer-to-peer trading of fiat and cryptocurrency in a flexible and secure manner. In Bitcoinbing, users signify what cryptocurrencies they have and what exchange rate they are willing to sell with, and other users respond to them and negotiate until an agreement is reached. Upon doing that, a smart contract is agreed stipulating how much is to be exchanged on both sides, how the transfer of value is to be made, and within what time frame these events are to take place. In order to ensure that users are not cheated of their money or otherwise discomfited, a rating and review mechanism exists for each year to gain onsite trust ratings, which helps users in making critical decisions about who to do business with.
Key Features are:
1. Zero Cost Structure
Bing tokens are the Bitcoinbing platform’s original token that gives traders zero trading costs, when using it to pay fees for trades made on Bitcoinbing exchanges. This means that Bitcoinbing raises capital, launches it with functional products and directly has practical utilities to benefit users. Utility tokens are functional tokens which, through intelligent contract programming, can be used
in various ways. In the case of Bing, it can be used to pay for services on the platform as well as with zero trading costs
2. Multiple Currency Pairs
The BitcoinBing platform offers multiple currency pairs that will allow them to make multiple transactions simultaneously. Initially the token will be paired with BING, BTC, ETH & USDT. During the first quater 2019 Fiat will be applied where the Major currency will be USD, GBP & INR.
3. Full Stack Trading Table
This special feature strengthens traders to trade with all assets and derivatives. This allows them to invest by taking into account shared risks by telling them parameters and straightening transactions. This tells them the total amount of assets on the dashboard and allows them to calculate the profits they earn. The built-in trade calculator includes all parameters where traders make transactions and provide accurate results. The full stack trading table allows traders to plan business strategically, keeping all risks at bay.
4. Security
Security is a top priority for every platform that offers payment and transaction services. Bitcoinbing, being an exchange cannot leave a rock that is missed to make security very easy. Engineered on blockchain, Bitcoinbing has evaluated the security aspects that have existed and made the support platform against any security threats. This platform includes processes like KYC to make information really safe. Blockchain itself provides a security seal, but to ensure that everything is safe, Bitcoinbing has added every other parameter that makes security important.
More details will be available
- 2FA Authentication (For Login and Withdrawal) OTP Email
- Verification Verification
- (For Login and Withdrawal)
- All Funds will be kept in a secure cold wallet
- Encrypted Key
- DDOs Preotction
- Data Transmission
5. Token Buyback
After a quarter, Bitcoinbing will collect a minimum of 50% of the exchange trading fees and use it to buy and burn Bing exchange tokens. This will keep the number of tokens balanced on the market and on the platform for users. This process will burn additional tokens collected in the market and keep the Bing token value intact. This will also help you get more values above the value.
6. Speed
To defuse crypto traders from the problems mentioned above, the Bitcoinbing team has worked hard on working on architecture. The Bitcoinbing matching machine in this place has phenomenal transaction processing capacity that can handle up to 1,000,000 orders / second
7. Desktop & Cellular Applications
The Bitcoinbing platform was developed for desktop and cellular users. Because the number of cellphone users is increasing rapidly, Bitcoinbing does not want its users to lose a transaction because of this limitation. Platform compatibility with different operating systems such as Windows, Android, iOS and Linux has been examined by industry experts at various stages.
8. Trading competition and Airdrop distribution
With all the other benefits, the Bitcoinbing platform will also have daily trading competitions and distribution of air drops. This will make traders motivated to engage in trade, it will also help them recover their losses, if they face some. Airdrops have become an integral part of the ICO marketing campaign. They can add a large number of investors to any program.
The concept of trade competition is introduced to keep users engaged in trading activities that will help them in their portfolios. This program increases user participation and gives them many benefits.
9. 24/7 Live Chat
Bitcoinbing will provide 24/7 live support to help users with any questions or problems. Although, this platform is built in such a way that it doesn’t leave the scope of the problem, the Bitcoinbing team understands that it may take a few moments for the user to reach an agreement with the platform. Therefore, we will have live chat support that will help users with questions and platform nuances. This support system will have experts who know the platform inside out. The team will resolve all questions as soon as possible and all complaints will be handled immediately.
10. Instant Withdrawals & Deposits.
There will be an Automatic Deposit and Withdrawal in the account after being verified with security. so users don’t have to wait for deposits or withdrawals.
BitcoinBing Token
Bing token is Bitcoinbing platform’s native token which gives traders zero trading fee, when using it to pay fee for trades made on Bitcoinbing exchange. This mean that Bitcoinbing raised capital, launched with a functional product and instantly had a practical utility to benefit users. A utility token is a functional token that, through smart contract programming, can be utilized in many different ways. In case of Bing, it can be used to pay for services within the platform as well as with zero trading fee.
• Bing tokens are utility tokens.
• Revenue shared features will be added in future.
• Bing tokens can be used to trade other cryptocurrencies.
• Value of Bing tokens may rise as volume of trade increases on the exchange.
• Great way to diversify your crypto portfolio.
PreICO dates: 15th Sept to 30th sept
ICO dates: 1st Oct to 14th Nov
WEBSITE: https://www.bitcoinbing.io
Bitcoinbing ICO: https://www.bitcoinbing.io/register.php
ANN thread: https://bitcointalk.org/index.php?topic=5037403.0
WHITEPAPER: https://www.bitcoinbing.io/bitcoin%20bing.pdf
Twitter: https://twitter.com/BingBitcoin
Facebook: https://www.facebook.com/Bitcoinbing-228650464472887
Linkedin: https://www.linkedin.com/company/bitcoinbing
Telegram: https://t.me/bitcoinbing
Author: Hoangbinmcc
Bitcontalk: https://bitcointalk.org/index.php?action=profile;u=1330327
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