Welcome to the Bitzinex Exchange.

Bitzinex Exchange

• High-Memory Matching Engine.

BITZINEX is built on a highly-efficient memory matching technology, capable of sustaining an order-making value of about 1.8 million/second. This guarantees a NO delay on your transactions. With our 24/7 support that actively operates to attend to all dispatched queries provides her users an advanced services of digital asset transactions and exchange. Its state of the art crypto platform offers a high security, convenient, and user-friendly experience. Bitzinex team members are professionals who have been in the finance industry over a long period of time, trading on both traditional and crypto exchange. The team has worked and operated on a number of exchanges, coming together to put up the platform, having acquired a network of partners in the industry who are a major contributors to the trajectory of the exchange. The project is fully funded, and never a fund –raising document, with strategized keynotes and executions.

Operational Features.

Bitzinex, tends to follow chronologically its operations, to help offer the best services to their users.

• Private sales/public sales
• Virtual trading
• Real time trading
• IEO
• Future Decentralized ecosystem
• And many more...

Services

As earlier stated, Bitzinex offers a well user-friendly trading platform, narrowing to its awesome service; 

Dashboard

Bitzinex offers a very flexible but effective user dashboard, where you could track all your recent and old transactions with ease. 

News Flash

On the user dashboard, a spontaneous uploads of the platforms promotions, upcoming events, listings, and most importantly crypto news and information. Keeping you updated at just a glance on your screen. 

Online Customer-Care

BITZINEX is always a step ahead of other exchange platform, offering a quick access to a care agent who responds to your impending challenges and offering a positive feedback to your inquires. 

Know Your Customer (Kyc)

Proven beyond every reasonable doubt, kyc has since its adoption reduced drastically the high rate and rise in online fraud’s and theft. In 2018 alone the number of scams hovering around the crypto community, caused a lot of individuals, firms and some private sectors loosing quite a huge amount of money. BITZINEX puts its customers first, ensuring a high security for your wealth and investments. We incorporated in our system the KYC verification process, allowing us to ensure that any posing user/investor are genuine owner of the account. 

Blockchain Bloat

Resolving the blockchain bloat. This is being achieved through a powerful compression and good number of flash storage, storing up to about 20 tbs. and in essence issuing fast transactions.

Work Flow Background

In regards to long successful cryptocurrency trading experience the founders of BITZINEX Exchange analyzed major challenges with the user experience on existing exchanges. With these as a breast-plate, the exchange has been designed from the ground up to offer a renowed user experience for both inexperienced and experienced traders. 

Two modes of use are available:

• Lite Mode
• Expert Mode (pending development)

Lite Mode

An easy user experience for newcomers to the cryptocurrency world is something lacking on most exchanges. The trading page is littered with quite a complex order books, lots of scrolling numbers, and graphs order. For most professional traders who knows what all the numbers mean, this is fine, but for a newbie trader, someone inexperienced it might cause them to quit in frustration. Lite mode tends to care for such inconveniences providing a simple user experience for novice traders in need of an easy to use interface. Simple order types, easy-deposit of funds and Instead, buying and selling are a one-click away. 

Expert Mode

This is the most exciting offer we tend to roll-out, expert mode guarantees full breadth of functionality required to assist professional traders. Well Detailed and easy accessed graphs allows the professionals to see historical market data in great detail. Pushing live trades and ticker data’s on a streamed and layout form. Giving expert traders the total control they need for their market. Our Exchange has been designed to optimize flow, allowing traders to log in, have a view of what they need quickly, instantly accessing markets they are interested in, and making desired trades. 

Pairings.

Bitzinex will from the beginning help two or three coins and pairings for exchanging purposes:

• BTC
• ETH
• USDT
• BNEX (Bitzinex coin)

Additional coins would be made available to user’s in-time. This would be done only with critical analysis of credibility, product offering and valued liquidity. If you would like your coin been listed on our exchange, some valid documents, requirements and participation on our Private Sale would be an advantage. Note; it’s important to know we are never considering supporting any fiat currency.

Bitzinex Coin (Binex)

The Bitzinex coin (binex) is a natively runned on Etheruem blockchain ERC20, with a non-reissuable 400million coins. 

This would be issued as follows:

• TPrivate sales:

Bitzinex offers private sales to the investors who are interested in earning realtime and getting amazing bonus, as they will be considered as early participants and action takers. The private sale requires a $100 minimum purchase of the Binex coin, as it grants you a leverage to all bonus experiences on the exchange. 

• Virtual trading:

The virtual trading offer is proposed to showcase transparency of the Bitzinex platform, and help build the community of income traders. The virtual trading would be made available for all investors who participated in the private sale. 

• Real time trading:

Enhanced trading would be opened to the general public, as all who by any promotional/purchase means have access to the Binex coin would be able to trade and exchange the token to any preferred coin of choice. 

• Public Sales (ICO):

This would take place in BTC and ETH, on the exchange platform. And it’s open to interested participants all over the world. The ICO would be a strictly first-come, first-serve based offer, until all allocated token for the ICO is exhausted. Bitzinex initially coin offering would be taking place in the following scheme;

Bonus: 

Bitzinex will also offer bonuses to it users in the following ways; 

• Binex-coin Holders
• Referrer bonus.
• Future innovations. 

Revenue / Expenses Model

The exchange generates its income through trading and withdrawal fees by users

of the platform.

• Trading fees:

An Initial fixed fee of 0.3% per trade will be charged. This tiny amount will be subjected to the maker and taker on the cause of the trading.

• Withdrawal fees:

Withdrawal of all cryptocurrencies will be charged a tiny sum of money, to enable processing of the transactions.

• Listing fees:

Any selected coin for listing on the platform will be required to pay some fees attached to listing.

• Other fees:

This may be incurred for any other required services by the investor,as you would be notified first and your consent seeked.

• Expenses:

BITZINEX expenses would be mainly for blockchain technology upgrades,promotions and all form of operation that will bring more secured transaction of funds. Funds will also be used for recruitment, developmental budgets and Licensing.

BINEX BURN

There would be a quarterly burn of the Binex coin. This will enable the stablility
of the token and also boost the market price. All coins realized from transaction
fees will be burned, in total 50% of the Binex coin will be burned.

LOCK PERIOD

The 7.5% allocated to the team members are to be locked for a period of three

years, as no team member is allowed to sell or assign their Binex token from

sept. 22nd 2019 to 22nd sept. 2021.

The 62.5% assigned to public are not in any way subjected to lock, as any who

purchased during its period would be allowed to trade freely.

Bitzinex initially coin offering would be taking place in the following scheme;

• First Phase: 50%
• Second Phase: 35%
• Third Phase: 15%

TOKEN ALLOCATION

• PUBLIC&PRIVATE SALES: 62.5%
• TEAM&ADVISORS: 7.5%
• MARKETING: 5%
• TRADING COMPETITION: 12.5%
• BOUNTY&AIRDROP: 3%
• TECHNICAL DEVELOPMENT: 3.75%
• ECOSYSTEM DEVELOPMENT: 3.75%
• RESERVE: 2%

PROJECT ROAD MAP.

Roadmaps are informative and detailed data’s of a project that could be accessed by investor’s agencies, any operational bodies that would want to do business/ partner with the platform. It also gives users insight on how project plans to evolve in the short-term future. 

Here is provisional roadmap of the Bitzinex project:

• Q1 2018
  Concept development
• Q2 2018
  Team formation
• Q3 2018
  Business model development
• Q4 2018
  Drafting of White paper
• Q1 2019
  Development Bitzinex Exchange
• Q2 2019
  Starting of marketing campaign
• Q3 2019
  Smart contract/Partnership
• Q4 2019
  Token Sale
• Q1 2020
  Exchange Testing
• Q2 2020
  Exchange Launch
• Q3 2020
  Listing/Crypto Exchange
• Q4 2020
  Mobile App
• Q1 2021
  Decentralised Exchange

LEGAL DISCLAIMER

Before erbarking on any investment, it is of best interest to understand the potential risks involved. Cryptocurrency exchanges are all subjected to inherent risks, which could be seen by series of happenings and experiences by traditional exchanges, as well as cryptocurrency. Investor’s stakes high risk every time they trust the exchange with their funds. Same could be said about the exchanges being at risk by simply being exposed to the internet.

The best line of defense for this is a well-educated user. Checking the URL in the address bar and the SSL security certificate details is a good start, along with regular malware scans. Managing these risks is an important part of the planning and development of BITZINEX Exchange.

The Company and its partners intend to operate in full compliance with applicable laws and regulations and obtain the necessary requirements (licences and approvals). The platform development and features of all the initiatives outlined in this whitepaper are not guaranteed. Regulatory licences and/or approvals are likely to be required in a number of relevant jurisdictions in which relevant activities may take place. It is not possible to guarantee, and no person makes any assurances, that any such licences or approvals will be obtained within a particular timeframe or at all. This means that the initiatives described in this whitepaper may not be available in certain markets, or at all. This could require restructuring of these initiatives and/or its unavailability in all or certain respects. In addition, the development of any initiatives is intended to be implemented in stages. If these entities are no longer properly licensed in the relevant jurisdiction, this will impact the ability of the Company to rely on the services of that party.

During certain stages of development, the project may rely on relationships with certain licensed third party entities. Phishing and malware are another large threat to users of cryptocurrency exchanges as well as cryptocurrency in general. Phishing attacks have been on a wide range, showing users fake login pages for exchanges, or fake web wallets asking users for private keys. Many millions worth of coins have recently been stolen this way. Using a hardware wallet is also a great way to prevent keylogging malware. Less experienced cryptocurrency users can't always be expected to be aware of all these threats and how to mitigate them, however. There are several steps exchanges can take to help as well. Extended Validation SSL certificates.

#BNEX #Social #trading #blockchain #crypto #cryptotrading

For More Information Click Link Bellow: 

• Website: https://bitzinex.com/
• Whitepaper: https://bitzinex.com/BITZINEX.pdf
• Telegram: https://t.me/bitzinex
• Facebook: https://www.facebook.com/bitzinex
• Twitter: https://twitter.com/bitzinex

WWW. BITZINEX.COM

Trademark of Bitzinex Exchange

AUTHOR

Bitcointalk Username: Dewi08

Telegram Username: @ dhewio8

Bitcointalk url: https://bitcointalk.org/index.php?action=profile;u=894088

Wallet address (eth): 0x53D1Ea8619E638e286f914987D107d570fDD686B