BUZZEX - Trading platform that rewards traders - Blockchain ANN - All About Cryptocurrency

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Monday, November 26, 2018

BUZZEX - Trading platform that rewards traders

Trading is the exchange of goods or services from one party to another.
For cryprocurrency fans, trading is certainly not a new thing to hear.

Exchange activities arise because of specialization and division of labor (specialization of labor). Trading activities underlie each individual to exchange the good or services they produce with their individual need. The earliest trading activity was known as barter, the simplest form of exchange before standardizing exchange instruments such as money found.


To conduct trading activities in cryptocurrency, we need the 'Exchange'
The cryptocurrency exchange is a business that allow customers to trade cryptocurrencies or digital currencies for other asset, such as conventional fiat money or other digital currencies. A cryptocurrency exchange can be a market maker that typically takes the bid-ask spreads as a transaction commission for is service or, as a matching platform, simply charges fee.  

So, this time I will reviewing The Cryptocurrency Exchange platform. 

https://buzzex.io/pre-launch
 
BUZZEX is highly secure and fast-performing trading platform that rewards traders. Buzzex has been built from the ground up for over a year and is ready to take the cryptocurrency world by storm. Team exist out of numerous blockchain experts that have experience in the cryptocurrency world for many years. Team buzzex passion and experience will bring Buzzex to the next level, and with the help of global ambassador, buzzex will introduce cryptocurrencies to all parts of the world, all to help grow the cryptocurrency ecosystem.

There’s a need for more ethical cryptocurrency exchanges. Moreethical exchanges mean better opportunities for traders, thereby attracting more traders contributing to the faster growth of the cryptocurrency ecosystem.

That’s why Buzzex has been built from scratch to  become the world’s biggest digital asset exchange. In order to achieve this, buzzex have created a unique system that gives power to traders through a trans-fee mining setup; giving them up to 100% discount on trading fees, rewarding them with more digital assets in the form of daily dividends to grow their crypto portfolio and giving them weekly airdrops of dividend-earning ACT.

For more information, please visit the media below.

WEBSITE   WHITEPAPER   LINKEDIN   TWITTER   FACEBOOK   TELEGRAM

The most important feature buzzex can provide for buzzex customer is the security of their digital asset. That’s why tim never store member ’holding in so-called “hot wallets,” but keep them safein cold storage. To keep member ’account safe, team have integrated 2-FA verification to perform functions such as login, account detail change, trading and withdrawal.

Stress tested thoroughly, the trading engine of the Buzzex Platform is able to handle million of trading per second. This allows trading to go through in mil
lisecond and prevent trader from losing out on trading due to laggy infrastructure.

In order to acknowledge users of buzzex platform, team will distribute the majority of our revenue (80%) in the form of daily dividends. Buzzex exchange houses Buzzex Coins (BZX), which have severa l uses. More about BZX will follow in the upcoming sections.

Buzzex Coin do not only pay out dividend, but also allow trader to get from 5-100% discount in trading fee just by holding the coin in their exchange wallet. In order to get the discount, trader need to hold from 1,000 to 20,000 BZX in their wallet. With this setup, Buzzex aims to cut the cost of trading for trader tremendously, compared to the cost onother exchange, where they lose up to 0.3% on every trade.

BZX are utility coin built on its own blockchain, which can be used for various thing inside the Buzzex Platform and outside of it. The ultimate goal of BZX is to become the number one used coin in the world. For this, we need to have some sort of inflation rate. We have set the inflation rate at 3.5% the first year which then gradually decreases yearly. Thus as the supply of BZX grow
each year the inflation percentagewould decrease each year as well.

BZX can be used on the Buzzex Platform to:
   • Get up to 100% discount on trading fee
   • Trade them for all other coin on the Buzzex Exchange
   • Cast vote to get new coin listed
   • Earn daily dividend
   • Receive weekly airdrops of dividend earning ACT

Other tokens that provideless benefits to traders than we do have been performing very well in the crypto space; even in the so - called bear market. Some examples include: 


https://buzzex.io/Buzzex-Whitepaper.pdf

Buzzex offers up to 100% discount on trading fee and pays daily dividend.  

Several cryptocurrency exchanges are usinga transaction-fee mining reward system and give a 100% rebate on trading fee in the form of exchange token. Buzzex use the same system but aims to outperform all other exchange token by creating a new setup that reward trader with up to 100% discount on trading fee, daily cryptocurrency dividend (40% of profits), weekly airdrop of dividend earning ACT (40% of profits), as well as giving trader voting right.

The main difference between BZX and other exchange token is that trader need to hold BZX in their exchange wallet to receive these benefit and they don't need to use it to pay for trading fee like elsewhere. This will ensure a lot of BZX will be taken off the market by trader who want these benefit.

To conclude, the trans-fee mining setup along with our competition and bounty program allow any crypto enthusiast and trader to earn as many BZX as possible. BZX is not a random POS/Masternode coin with no real purpose; the benefit it provides holder on the Buzzex exchange and externally will ensure more coin get locked away than there are new ones created. This will not only make it possible to reach the same heights in value growth as for instance the Binance token (22,000%), but also set up the Buzzex Exchange to become one of the top digital asset exchanges in the world.



AUTHOR; 

Bitcointalk Username; Tamrlan
Bitcointalk URL; https://bitcointalk.org/index.php?action=profile;u=696580
Telegram URL; https://t.me/Tamrlancoin
Adress wallet ETH; 0x65F6cD45F257D7C340F572BA460C0cE3639d4A60


 

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