VCBEX: VCBear Hong Kong Cryptocurrency Asset Exchange?
Value is being across the world over as virtual currency. This new type of currency is going to revolutionize the 21st century. In future, remittances and settlements in crypto coins are only going to continue to grow. Vcbear founders have decided that they do not want to be left out of this revolution. That is why they have created this platform to spread the concept of virtual currency.
This exchange will deal with digital currency distribution from Hong Kong through Asia and the rest of the world. The aim is to ensure that anyone from anywhere around the world can transact in virtual currencies seamlessly.
The Origins Of VCBear Exchange (VCBEX)
VCBEX was founded in Hong Kong in 2014 as a digital coin trading platform. Since 2017, the platform has been dealing in Ripple, Bitcoin, and Lumen. In 2015, Vcbear Limited was established as a service provider and registered as a Hong Kong Corporation.
The exchange is a link to mainstream crypto coins and the Stellar Development Foundation (SDF). They aim to provide the Stellar Network with a digital currency platform that is based on the Lumen (Stellar) platform.
They have a mission to maintain fair play in the virtual currency world by building a safe and working system. Through this, they hope to expand the number of acceptable virtual currencies globally. Besides that, they are working hard to clear the barriers to recognition for various crypto coins. Additionally, they want to make crypto coins as easily accessible as possible.
VCBEX Hong Kong Crypto Exchange Is Built With Simplicity In Mind
The VCBEX UI focuses on simplicity, thus making it easy for anyone with basic browsing skills to use it. Besides that, the design community is always working to improve the UI. To do this, they rely on input from the community based on their knowledge and SNS. VCBEX believes that for the exchange to become popular, simplicity is the main pillar. Anytime you get lost using this platform, CBEX requests you to send the feedback so that they can make improvements.
The VCBEX Commissions
Right now, the fees charged on this platform are the cheapest in the crypto-coin market. Users of this platform will only incur a 0.2% transaction fee once a transaction has been concluded. During the trading order or during the cancellation of a trading order, users will not be charged any fees. Additionally, there are always promotions offered to new and existing users. Thus, the fees could be much lower depending on the kind of promotion you find on the platform.
The security on this platform is quite tight; the developers are always analyzing it to check for any weakness. The security measures they have in place include physical measures, through security scans for the staff, and management and maintenance of the digital coins. The management of coins touches on areas of withdrawal, deposit, and identifying and blocking threats to security. They are currently considering implementing multisig as a way to improve the security of the wallet.