Review ICO: HIBTC The Exchange of the Future Trading Mining and FomoHIBT

Introduction:

Blockchain is considered the leading software platform in the world for the purchase and sale of digital assets. It is an information repository that allows you to store data in blocks that interlock with each other, providing a history of the transactions that are carried out on it. The Blockchain or chain of blocks is the powerful technology that gave life to Bitcoin, considered as a new currency that exists exclusively on the Internet and comes into play with the new era of the global economy.

Cryptocurrency is a digital asset designed to function as a means of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units and verify the transfer of assets ", from Wikipedia.

Exchange is a platform that allows you to trade between different currencies, digital cryptocurrencies and fiat. The exchanges are financial markets that allow under the free play of supply and demand to give an economic value to the cryptocurrencies. These exchanges can be simple intermediaries between users, or also provide more complex functionalities such as Mining trading and dividend distribution, just like this new platform that I will tell you next.

What is Hibtc?

It is a modern platform of exchange of cryptocurrencies of last generation that grows every day, provides an efficient, transparent and safe negotiation for all the users, with a unique and advanced technological design. It was launched only in early August 2018. It operates on the use of tokens (HIBT) that can be used on the platform for activities such as payments, exchanges, operations, sales, purchases, rewards and investments. The professional finance unit seeks to provide investors with the opportunity for a safe investment with rich investment objectives options. The platform is committed to creating a totally transparent, fair and shared investment system. According to the new trends, the exchange platform allows you to extract in the negotiation process and distribute profits among those who hold the exchange tokens. This version of the concept allows you to increase the group's liquidity and attract new users, which allows you to receive good dividends.

I am going to provide you with information about the promotion features and the rewards program provided by HiBTC. These characteristics are Trading as Mining, Dividend Bonus and FomoHiBT.

CHARACTERISTICS OF THE HiBTC EXCHANGE PLATFORM

The HiBTC platform offers 100% Security for users and digital assets of investors. The security mechanism is extremely tight and I assure people that they can not lose any of their information on the HiBTC exchange platform. Transactions in HIBTC are as quick as they are light. The platform will handle up to 2000 transactions per second. At present, it only supports 6 electronic currencies, BTC, ETH, LTC, BCH, USDT and HIBTC, CMT, USE, soon more currencies.

BENEFITS OF HiBTC

•It is safe

• The system is transparent and well structured

•Is efficient

• Strategic measures for risk control

• Share rights

• Income is also shared among community members

• Innovative currency listing mode

• Fomohibtc Rewards that are happening right now

•And many more

HiBTC Token HIBT

HIBT is the native token issued by the HiBTC platform. There will be 10,000 million HIBT tokens in total, which is a fixed amount. The user will have full access to the benefits in the platform and converts them into real members of the system, since they keep it and use it in the platform. The initial allocation of the token according to the flow chart is shown below.

Dividend Bonus

Distribution of benefits The revenues of the platform will be distributed among HBIT users and the remaining revenues will be used to operate the platform. Snapshots will be taken every 60 minutes to determine the user's HBIT status. The accumulated dividends for each day will be paid the next day. To encourage users to maintain HBIT in the long term, the "Dividend Excess Bonus Program" is presented where part of the participating HBIT will be blocked for a certain period with bonus rewards. The more Hibt token you block plus daily bonus, you get the dividend plan. The minimum token to block is 100 Hibt.

The plans:

Trading Mining:

50% of the created HIBT tokens will be assigned to this function. This model is composed of mining "transaction + holding of tokens", in which the assigned tokens will be rewarded to the users. The mechanism works like this: each time a user buys, sells or retires through the platform, a transaction processing fee is generated. Based on the HIBT amount held by the user and the market price of the processing fee paid by the user and the HIBT market price, for this innovative model and platform to be sustainable, the amount of each mine in each mine will be limited. However, users will be able to increase their mining laws by simply increasing the amount of HIBT they have, therefore, they will be able to receive a higher rate of return and their maximum mining value per hour will be increased.

FomoHIBT Prize Pool

There is a very exciting event running now called FomoHIBT. HiBTC will establish a prize pool that will grow in size along with growing revenue exchanges. HiBTC will place 100% of the daily dividend of the account "Shared Fund of the Holder" in the set of bonuses, every day before someone activates the price. Once the group is activated, the taxpayers who negotiate HIBT of the day will distribute all the prizes of the group. This means that when the price of HIBT reaches a specific price, those who head the ranking table of contributions are rewarded for their efforts!

FomoHIBT Rules

1. The HIBTs trading contributors refers to those users whose HIBTs buying amount excels 0 from 0:00 to 24:00(UTC). The HIBT positive contribution value= HIBT buying amount - HIBT sell amount - HIBT withdrawal. (Note: Deposit and mining output HIBT will not be count in contribution value)

2. Trigger condition: HIBT trigger price is pre-setup at the beginning of each round, it will not change during the current round. If the price of any HIBT transaction is greater than or equal to the trigger price at certain time, the prize pool will be triggered.

3. Prize distribution: after the prize pool was triggered, HIBT's positive contribution ranking competition continues. HiBTC will distribute the bonuses according to user’s HIBT positive contribution amount on the 23:59:59 (UTC time) on the trigger day. The top three contributors will be awarded 50%, 20%, 10% of total prize pool. The remaining 20% will be assigned to other HIBT positive contributors at the trigger day according to the proportion. (If the prize pool is not triggered on one day, the HIBT positive contribution ranking will be reset at UTC time 23:59:59, it means the HIBT positive contribution users not at the trigger day are unable to get the prize).

4. The prize will be distributed to the winner's HiBTC wallet within next day.