The exchange platform Binex.Trade announced their Alpha launch that was set to go live on the 17th of July, 2018.
What Is Binex.Trade?
This is a digital currency exchange platform whose objective is to reinvent the sharing economics. It brings together the power of BEX token with that of decentralization to bring about profits for traders from the daily trade revenue.
July 18th, 2018. Singapore: After days and months of dedication and hard work, the Binex team have finally gotten to the match awaited occasion of the Alpha Launch. The cryptocurrency community has been behind this project throughout offering immense support and advice where needed. Binex is now happy to unveil to the community of more than 85,000 users the Alpha version of the exchange platform. There has been such an overwhelming positive response with this launch.
The Alpha Launch takes place on July 17, 2018. The launch will be testing the exchange’s live performance with its users. Binex wants to first launch the exchange with its basic features and then focus on Beta version in the post Alpha Launch that will have advanced features.
The aim of Binex.Trade is to create a hassle-free trading platform that will ensure users have a seamless experience and cater for all of their trading needs. It promises to deliver excellence. Just after its launch, traders will have first-hand experience of transacting with popular trading pairs such as BTC, ETH, LTC, BEX, USDT and XRP.
In addition to these trading pairs, the platform comes with advanced trading features that provide users with a user-friendly and a smooth experience. Among these features include leveraged trades, tight security, insightful reports and analytics dashboards that will assist in maintaining liquidity, volatility monitoring and a powerful matching engine among others.
The platform comes with a revenue sharing rule in which it will offer 70% of the trading commission to all users holding Bex every day.
Here are a few other features that sets apart this platform from the rest.
Advanced Trading Features
There are various features this platform provides to users making trading easy and enabling them to earn more. For instance, a price chart enables traders to keep watch of the price trends of a particular commodity and make informed decisions. If a trader has access to daily, weekly and monthly reports, they can be in a better position to monitor and keep track of their earnings. Additionally, there is an analytics portfolio that assist traders to create strategic portfolios.
Binex allows for margin trading, a feature that allows users to leverage their trade quantity and as result their profits. The exchange allows traders to place positions at 2X and 3X leveraged amounts. It also allows users to automatically exit a position at the most efficient rate cushioning users from making huge losses and making profits.
Liquidity And Volatility Control
This platform has a mechanism of managing market volatility to secure the profits of its users. Crypto markets volatility is a leading cause of high losses among many traders. Binex continuously monitors transactions to eliminate liquidity risks to cushion traders from unnecessary losses and allow them make more money. When the liquidity ratio is high, traders are able to sell off their assets while buying others easily and in a timely manner.
Powerful Matching Engine
This matching engine helps traders to quickly match trades to avoid losing out on profitable trades. Digital currency market volatility can lead to extreme changes in a matter of just a few seconds.
High End Security
Binex.Trade exchange platforms has been designed to work on a Multi-Tier Platform that provides encrypted security. The security feature on this platform secures transactions with a two-level encryption. This security is both at API level and at the Database. There is also enhanced security at the user level with secured Login, 2-Factor Authentication, Captcha, Email verification, Summary page approval and same browser login.
In addition to these amazing features, Binex has a reward system that gives anyone reporting a bug on the Alpha version 1000 BEX. Customer support is available around the clock for both users and traders.