Introduction to Bcnex trading floor:
Electronic money transactions recognize an essential part of the big path of e-finance. This is where individuals can exchange other encrypted currencies to modernize cash or fiat currencies like US dollars or euros. These deals deal with buyers and sellers and charge you from each exchange. There are basically two types of transactions; Combining transactions and transactions. Cross transactions are ranked, for example, affiliate branches are agencies that participate on their stage.
Introduce
The electronic money market has undergone a surge in recent times with a total current market value of about 206.82 billion dollars. Bitcoin, the first electronic currency, is dominating at 53.34% compared to other electronic currencies. Investment in electronic money has witnessed a significant increase for high profits. Currently, there are about 13367 markets operating in electronic money and many exchanges continue to flood the market without adequate regulation of digital asset security of participants, resulting in loss due to Unauthorized access and theft. Furthermore, incidents like Mt. Gox hack and Bitfinex hack are no longer news because most of us know about it.
Problems with existing Exchanges:
Electronic money exchange has two types; decentralized and focused.
Decentralized exchanges are built on a technology infrastructure that operates independently and does not require anyone to coordinate its activities.
Its advantage is that traders can trade without worrying about the security of their money. Traders who control and keep their own digital assets in their own wallets while exchanging do not have direct access to it. Another advantage is extremely low transaction costs. Examples of decentralized exchanges are IDEX, Waves Dex, Forkdelta, etc.
With the decentralized advantages mentioned above, it is necessary to note that it also comes with its own, in terms of liquidity, flexibility and proper speed.
A centralized exchange is the direct opposite of distributed exchanges with traders' money held in exchange archives that it receives in the form of deposits. Although centralized exchange has the advantage of providing appropriate liquidity, flexibility and speed, it also puts the user's assets at risk.
BCNEX is a place to trade and exchange the value of innovative start-up projects based on Blockchain technology. Bcnex spends a lot of time researching and building a highly stable distributed application system to meet the most necessary needs of customers.
https://youtu.be/A5J29AoKGV8
Compare current exchanges with Bcnex:
A. Current trading floor:
1. Weak technical architecture
Many exchanges are now set up with a very nice initial scale, to save time they often choose the simplest method to set up the system. When the traffic increases, they will be overloaded, resulting in a lot of errors
2. Unsafe trading platform
Due to the weak systems that lead to hackers entering the system steal many investors' assets
3. Low market liquidity
A value of a centralized trading floor is a high amount of liquidity to support investors in trading and actively buying and selling. But most exchanges today do not meet this demand. When there are few buy and sell orders, it means that the price slippage leads to the situation of financial results not as expected by investors
4. Poor quality customer care service
Currently there are many exchanges that overlook customer care, while what most investors believe is this service. When investors have problems, supporting them is essential
B. Bcnex trading floor
1. High-tech architecture
Their team is full of people with more than 10 years of experience in building and maintaining a world-class financial system in the field of Forex (Forex) trading and developing real-time applications.
2. Safe trading platform
Safety is the top criteria that Bcnex must ensure. Therefore, Bcnex implements a multi-layer firewall security system and uses denial-of-service anti-attack tools until the user sees a disruptive occurrence.
3. Good liquidity
Bcnex's team has many years of experience in foreign exchange, blockchains industry and pre-coding, digital assets. Their team has also worked with many international exchanges and accumulated a lot experience from them. This will also be a firm and safe step for investors
4. Good customer care service
Bcnex always considers customer care as the core of success, Bcnex's entire staff and team share experiences of supporting and answering to help each other's problems and more. It is 24/7 time to serve
Conclude :
After researching and researching Bcnex exchanges, I concluded that this is a visionary trading floor. There are professional and enthusiastic technologies, teams and services, Surely in 2019 will develop beyond the international market and many investors know.
Website: https://www.bcnex.net
Telegram: https://t.me/Bcnex_Official
My Bitcointalk Username: Abbey84Bitcointalk Url: https://bitcointalk.org/
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