With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, Bcnex, a full-service ecosystem for the purchase, exchange and trading of blockchain-based tokens and a wide range of digital assets has arrived.
"The number of cryptocurrencies and exchange platforms are increasing each year. Currently, there are 190 exchanges, compared to 70 exchanges three years ago, on 15 March, 2015. Demand to buy and sell is also growing as the number of cryptocurrencies and trading platforms increase.
There are currently 1,568 different cryptocurrencies available, as at 21 March, 2018. This breaks down to 654 tokens and 914 coins. It all started with bitcoin, which was first released on January 9, 2009, and various versions launched in the following years. The first experiments in altcoins started happening in 2011 with Namecoin, iXcoin, SolidCoin and others being developed and released. Litecoin followed soon after in the same year.”
With that being said, Bcnex is a user-centric exchange as a result of the collaboration between experienced developers and trading experts with a proven track record in automating distribution, designing high performance web applications and facilitating access to the financial market.
But before we go any further, please check out this video presentation to get even more acquainted
Now that I have your attention, let’s get right to it.
What exactly is BCNEX?
As depicted above and as indicated in the official whitepaper of Bcnex, Bcnex is a full-service ecosystem for the purchase, exchange and trading of blockchain-based tokens and a wide range of digital assets. It is a customer-centric, highly secure and stable trading platform built on microservices architecture that meets the most stringent customer requirements.
In addition, Bcnex is a user-centric exchange as a result of the collaboration between experienced developers and trading experts with a proven track record in automating distribution, designing high performance web applications and facilitating access to the financial market. Backed by a team that has been deeply immersed in the cryptocurrency community for years, Bcnex is ideally positioned to become a globally accessible exchange for the blockchain era that is meant to reward you, the user.
BCNEX is a crypto-currency exchange that allows traders to trade at low trading and withdrawal fees. This is a great feature implemented by BCNEX crypto-exchange in which only few or no exchange have this great feature. Having an exchange with low trading fees is one of the great things in the crypto-trading. Traders will be very happy to see BCNEX exchange fully launched because almost all the traders would want to enjoy this trading feature as a result of what most of the traders have suffered at the hands of other crypto-currency exchange.
It is observed that crypto-traders always find it difficult to exchange their assets which this issue happened as a result of restriction from the exchange platform. This is one of the reasons why BCNEX platform has introduced crypto-trading platform which will makes trading and transaction easier for traders without the need for third-party services before their crypto assets can be converted to another currency
BCNEX platform is designed to give new users and novice a smooth trading experience through the implementation of good user interface which has been lacking in other crypto-currency exchange platform. The platform is designed with series of guidelines, suggestions for novice.
The use of blockchain technology by BCNEX exchange platform will make it easy to develop a crypto-currency exchange free of manipulation from trading bots, free of high transaction fees, free of hacks and attacks as a result of improved security measures put in place. BCNEX will solve all scalability issue as traders often experienced in the other crypto-currency exchange.
Fiat Exchange Platform
Safe and stable
This is a highly secured trading platform with microservice architecture that meets the most demanding needs of customers.
Bcnex has built a security system across multiple levels from building a strong fire trust or using denial-of-service attack tools when something unusual happens.
Bcnex has an extremely fast processing speed of up to 2000,000 orders per second.
BCOMS order matching system
It is a component of buying and selling orders when trading. This is the most important component of Bcnex and is built with great care. BCOMS has very low latency and has speeds of up to 2 million transactions per second, this is the fastest speed today.
Stable high dispersion system
Bcnex always maintains high stability of up to 99.99%. Bcnex uses microservice model , the system is divided into small services with separate database, so that Bcnex can easily change and expand when needed without affecting the whole system.
Token and ICO Details
Bcnex works with the main token named BCNX. There will be really 200,000,000 (two hundred million) BCNX issued and the number will never augment. BCNX is the standard token ERC223 released on the Ethereum blockchain.
Token Name: BCNX Token
Token Symbol: BCNX
Token Type: ERC223
Total Supply: 200,000,000 BCNX
Token Sale: 100,000,000 BCNX
Token Price: $0.15 - $0.45
50% for Token Sale
38% to Team Member and Advisors
5% to Angel Investors
5% to Reserve
2% to Bounty Program
40% for Platform Development
40% for Branding and Marketing
10% to Legal and Auditing
10% to Reserve fund
MEET THE AMAZING TEAM
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
For more information, please visit:
One pager: https://www.bcnex.net/docs/Onepage.pdf
Bitcointalk Thread: https://bitcointalk.org/index.php?topic=5111223.0
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2487106
Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.