Bistox: An Evolution in Value Transfer among Cryptocurrency Exchanges
Bistox is an advanced semi-decentralized cryptocurrency exchange that incorporates the NEM blockchain technology. It is designed for traders with varying levels of knowledge. Bistox features decentralization technology, dividing the resources into parts and operates them in different physical and cloud locations all over the world. Bistox’s token, BSX, will be sold in an ICO that will take place after 2 months.
The platform is considered as one of the most secure cryptocurrency exchange platforms due to a number of technological innovations. Bistox boasts the following features that creates the unique experience while using the platform:
- Social trading system
- Cross-chain transactions
- Decentralized swaps
- Atomic swaps
- Fraud detection and prevention
- Risk management
- Escrow transactions
- Key recovery services
- 24/7 customer support
POWERED BY NEM BLOCKCHAIN TECHNOLOGY
Bistox is powered by NEM, the world’s first “Smart Asset” blockchain built with businesses in mind.
NEM is valued for its speed and scalability. NEM is also known for the revolutionary consensus mechanism program Proof-of-Importance (PoI) and Supernode, which guarantee the unlimited growth of the public blockchain with no impact in the bandwidth.
NEM is the first crypto enterprise in the world to create and launch the Smart Assets option. Smart Assets are operated by smart contracts, which are the computerized algorithm.
“When choosing the platform, we took into account the speed of transactions, the scalability and the safety of procedures. Therefore, we selected the flexible and fast NEM platform that addressed and resolved all the limitations and drawbacks other blockchains had,” said Bistrox’ CTO, German Sidorenko.
BRAND NEW FEATURES OF BISTOX
Bistox is introducing a new engine called D.A.N.N.I. (Decentralized Artificial Neural Network Integration), a personal self learning trade assistant that analyzes market data in real time, and provides forecasts and solutions based on the vast experience of professional traders. The system provides its users with alerts and notifications to improve their risk management.
The Bistox team is led by NEM Council Member, Nelson Valero, and Solution Architect and Technical Trainer, Shin Tatt Wong, to disrupt the industry by building a semi-decentralized exchange.
Bistox prides itself with its 24/7 customer service. The Bistox support team consists of well-trained specialists who are available round-the-clock, along with the world’s best internet security experts.
WAYS IF OBTAINING PROFIT
- Trading fees – While conducting any payments on the Bistox crypto exchange platform, customers would be charged fees for the participation.
- Listing fees – Any new project that would be registered on the Bistox platform would be charged a special fee for being listed.
- Withdrawal fees – Once a person or a corporate enterprise wants to remove money from the Bistox e-wallet, he/she would be charged with a withdrawal fee.
- Margin trading fees – Traders who will be involved in marginal trade and will consequently have the margin account will have to pay the interest rate.
- Social trading fees – Social trading would help novice traders to feel as if they were experienced traders.
Reference: LIVE BITCOIN NEWS
Bistox is an advanced semi-centralized cryptocurrency exchange designed for traders with varying levels of knowledge.
For more information about Bistox, please visit:
- Website – Bistox.com
- Telegram chat – https://t.me/Bistox
- Telegram channel – https://t.me/BistoxExchange
- Twitter: https://twitter.com/BistoxExchange
- Facebook: https://www.facebook.com/bistox.exchange
- Reddit: https://www.reddit.com/user/Bistox/
- Medium: https://medium.com/@Bistox_Exchange
ABOUT THE NEM BLOCKCHAIN PLATFORM
NEM is an out-of-the-box enterprise-grade blockchain platform launched in March 2015. NEM has industry leading blockchain features that include multisignature account contracts, customizable assets, a naming system, encrypted messaging, and an Eigentrust++ reputation system. Companies with legacy systems can “plug ‘n play” with NEM.
ABOUT THE NEM.io FOUNDATION LTD
NEM.io Foundation is registered in Singapore and is operating globally. It was launched to promote NEM’s blockchain technology worldwide. It is one of the most well-funded and successful blockchain technology projects in the cryptocurrency industry.