HiBTC - Shared Digital Asset Trading Platform!
What
is HiBTC?
First of all, you note to
help yourself is HiBTC, not the HitBTC has been released so long offline. About
HiBTC, this is a very new trading platform, and just launched around early
August/2018. Like the recent general trend of the new floor, HiBTC also goes in
the direction of trading as mining, and divides the profits for those who own
the tokens of the floor. Some of the highlights are CoinEX, BTCC, IDCM, Bgogo,
etc. Although it looks like Ponzi, this is a great way to attract users, and
improve liquidity. Moreover, this model not only helps the floor but also
benefits investors, if the floor has a large trading volume.
On the site, HiBTC has
not yet published specific information about the founding team, and its
headquarters. However, if you read through Section 4 of the Terms of Service,
you think that the floor was established in Hong Kong because of the mention of
the Monetary Authority, and Hong Kong Customs. Assuming it is true, it is not
surprising that most of the floors are based in this city. Notably, HiBTC
claims that they are backed by the Ceyuan Digital Assets Foundation, and is one
of Cybermiles’ strategic partners. Accordingly, the tokens that run on the CMT
network are highly likely to be listed on the floor.
At present, the floor
supports only 6 electronic currencies namely BTC, ETH, LTC, BCH, USDT and
HIBTC, CMT, USE, soon more coin other
According to information
on the website, HIBT is the only private currency issued by HiBTC, evidence of
the floor. Specifically, it will be issued under the principle of “trading as
mining”, invite friends and will stop until it reaches 10 billion tokens. HiBTC
will divide its earnings to HIBT holders. At the same time, the owners also
have the right to participate in important decisions and management areas,
including listing new tokens, transaction fees … In addition, the floor also
plans to “ “ Users can voluntarily take part or all of the HIBT lock on the
floor and enjoy over-rate sharing with different rates. The longer the lock
time, the higher the divide rate.
The
good thing about HIBTC is that you have the right to choose a Token Lockout and
get interest rates:
HiBTC offers
"Excessive Profit Sharing Plan", which allows users to voluntarily
use part or all of HIBT, ie lock HIBT, to receive overdraft payments at
different rates. The longer the lockout duration, the higher the rate of
overpayment.
HIBT
lock
Join the excess dividend plan:
Join the excess dividend plan:
1.
3 days 45%
2.
5 days 50%
3.
7 days 55%
4.
10 days 60%
5.
15 days 65%
6.
30 days 70%
7.
60 days 85%
8.
90 days 100% devident
the dividends we get from
people or traders who sell and buy coins in the HIBT market.
we can also get fees from treding at the HIBT market.
we can also get fees from treding at the HIBT market.
Holding / mining: 50%
HIBTC Tokens (HIBT) are given to users through the trading process. Users will
get the HIBT amount when they trade on the HIBTC Exchange
example:
For example, when John buys 1,000 Bitcoin (BTC) on HIBTC, HIBTC will charge 0.1%, which in this case will be 1 Bitcoin. When HIBTC receives a commission fee that will occur immediately after John completes the trade, HIBTC will reward John with 1 Bitcoin worth HIBT, if the rate of return of the fee (%) is 100%. This prize will be released every one hour.
For example, when John buys 1,000 Bitcoin (BTC) on HIBTC, HIBTC will charge 0.1%, which in this case will be 1 Bitcoin. When HIBTC receives a commission fee that will occur immediately after John completes the trade, HIBTC will reward John with 1 Bitcoin worth HIBT, if the rate of return of the fee (%) is 100%. This prize will be released every one hour.
HiBTC
- Shared Digital Asset Trading Platform
First of all, using the
new design concept and leading technology, HiBTC will provide a safe, efficient
and convenient digital asset trading pla$orm for all par!cipants. In HiBTC,
regardless of the size of the transac!on, each par!cipant can effec!vely
achieve the investment objec!ves without worrying about personal privacy
protec!on or the security of digital assets. In addi!on, the professional
financial unit will provide investors with rich risk hedging instruments and
investment target choices.
Second, HiBTC is
commi&ed to crea!ng a completely transparent, fair and shared investment
environment. HiBTC Token (HIBT) is the only token issued by the HiBTC pla$orm,
not only as a digital asset, but also represen!ng all rights and interests of
the HiBTC pla$orm. HiBTC promises to regularly allocate the pla$orm revenues to
all HIBT holders; at the same !me, the “transac!on + token holding” mining
model (“proof of mining hours + proof of equity” mechanism) is adopted, and 50%
of the HIBT issued is rewarded to users through transac!on processing fee
mining.
Not only that, HiBTC will
also introduce a “Dividend Bonus Program”. Users can voluntarily join the
program with part or all of the HIBT it holds, which will enjoy different
propor!ons of dividend bonus in addi!on to the basic dividends.
In summary, when a user
makes any transac!on on the pla$orm, in addi!on to obtaining the target assets,
it can also obtain [mining generated HIBT + basic dividends + dividend bonus].
All of the above mining and dividend data will be made public in real !me and
are truly transparent and accessible.
Except the equity
a&ribute, the asset a&ribute of HIBT is also important. The stability
of HIBT price has a direct effect on the users’ enthusiasm for par!cipa!ng in
the transac!ons on the HiBTC pla$orm. In order to guarantee a sustainable and
robust development of HiBTC, we will make the “Holder Shared Fund Account”
public to all users right a"er the pla$orm is put into use. The HIBT
unlocked in the account will be 100% locked in the fund account un!l the mining
is finished and won’t flow into the secondary market. The dividends these HIBT
enjoys will be first used to pay for the dividend bonus generated in the
Dividend Bonus Program; and the rest will be used to buy back the HIBT in the
secondary market, which will be locked in the fund account, too. When the
mining is finished, all assets in the Holder Shared Fund Account, (including
HIBT and dividends), will completely belong to all the HIBT holders, and the
specific disposal plan will be made public in !me a"er the mining is
finished.
Finally, HiBTC hopes to
break the barriers to informa!on asymmetry between shareholders and management,
and between companies and users under the tradi!onal “firm” model, and to build
a co-governed and shared organiza!onal structure so that each HIBT holder has
the right to par!cipate in making the pla$orm business decisions. HiBTC
introduces the world’s first exchange “1+1” currency lis!ng dual-channel mode,
which abandons the tradi!onal fee-based currency lis!ng mode and opens the HIBT
holder recommenda!on channel.
Website : https://www.hibtc.com/#/act/homepage
Whitepaper : https://www.hibtc.com/om/about/en-us/whitepaper.pdf
Telegram : https://t.me/www_HIBTC_com1
Twitter : https://twitter.com/HiBTC_Exchange
Exchange HiBTC : https://www.hibtc.com/#/act/exchange/
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