Listed on BHEX is Only a Step of BEE Value Increase
Midas is the head of the BEEX community, he will share the development path of BEE with everyone.
Midas, BEEX community leader, Pivot partner, has worked for JD Finance, China Yahoo, Snowball and other Chinese Internet companies, and has extensive experience in the digital finance industry.
He will explain the growth of the full-transparency strategy of the four dimensions of BEEX. At the same time, BEE will be launched on BHEX. Midas will also explain the deeper understanding behind it.
1.Data show that as of now there are thousands of trading platforms in the market. What are the unique advantages of the BEEX trading platform compared to the existing trading platforms?
I think the advantages of the BEEX trading platform are mainly reflected in the following aspects:
The first thing to talk about is that BEEX is the first fully transparent trading platform for data.The operating data of the platform will be fully disclosed after privacy processing. This is the first important feature of BEEX that is different from the exchanges in the industry.
In the current cryptocurrency market, transparency is still a scarce thing. At the same time, transparency has increasingly become one of the main obstacles to compliance and standardization in the exchange industry.
The BEEX exchange has carried out 4 total transparency, mainly including the full transparency of user transaction data, the full transparency of user mining data, the full transparency of user asset data, and the full transparency of repurchase and destruction data.
The second is BEEX’s transaction mining model. We see that BTC is the most valuable mainstream currency in the cryptocurrency market. Its mining model allows more people to spontaneously join mining and the currency is fixed quantity, regular production will never increase, making people more convinced of the value of BTC. Same as BTC, BEEX’s platform coin BEE also has the same characteristics.
BEE has no private shares and no team reservations. 100% of BEE is generated by transaction mining, so this is the current BEEX can attract many users to mine in BEEX.
Third, as an integrated and fully transparent exchange, the integrated exchange aggregates data from multiple trading platforms and often provides users with more trading pairs. Since the integrated exchange aggregates data from multiple trading platforms and integrates and merges the data, its trading depth is better.
2. This time BEE is listed on BHEX, why did you consider listing BHEX? Are there any plans to launch other exchanges in the future?
The platform tokens of an exchange can be listed on other exchanges. First of all, the value of this exchange and platform tokens is recognized. We can see that the platform tokens that can be listed on other exchanges are actually second to none in the market.
These tokens are very good investment targets, which also shows that in some aspects, BEE has the same value attributes as such high-quality platform tokens.
Secondly, due to trading habits, security, and other considerations, different user groups may operate on different exchanges. Listing other exchanges will help the circulation of BEE and the extension of its value, so let BEE launch some transactions that we consider appropriate. Therefore, it is an important part to enhance the influence of the BEE market.
3. Compared with the traditional trading platform, this model of “trade mining” has greatly helped increase transaction volume. Can you tell us about the characteristics of BEEX trading mining?
Judging from the current situation of the entire industry, the trade mining model of the exchange has basically receded, because the unreasonable mining and reward model will also become a stumbling block for platform coins, which is directly related.
To the future potential of platform coins, as more and more exchanges increase the market for mining models, the market size increases, competition is fiercer, and the industry threshold is getting higher and higher, and the survival of future generations will inevitably increase. The harder it is. At present, some exchanges have closed or went bankrupt.
After half a year’s verification from BEEX’s trade mining model, it can be said that it has been basically recognized by the market.
As for the characteristics of BEEX’s transaction mining, I think it is mainly reflected in the following aspects.
a.100% of BEEX’s platform currency is generated by trade mining, which guarantees the fairness of all users and eliminates everyone’s worry about the team cutting leeks, because the team, like users, does not have coins in hand, and wants to obtain platform currency Can only go mining.
b. Secondly, BEEX is closely integrated with the currency-listed project in transaction mining. Holding a new BEEX currency for a certain period of time can get the benefit of the mining coefficient bonus, increasing the linkage between high-quality assets and users. Try to get more attention for quality projects.
c. There is also an invitation coefficient bonus. If you want to get more mining, you can also invite more users to mine together, and you can also get his mining reward.
d. the last one is deflation. He reduced production once every six months and dug it out in two years. The platform currency started to buy back from the first day and was destroyed in the first week. Coming soon, March 14 next month.
4. We see that the BEEX exchange has opened contract transactions. Compared with the contract exchanges on the market, what are the advantages of BEEX contract transactions?
Currently, BEEX has launched two types of contract transactions, namely currency-based perpetual contracts and USDT-based perpetual contracts. We have not launched delivery contracts.
The USDT-based perpetual contract trade fair is our key breakthrough direction and an important future direction for our entire exchange.
We all know that the USDT margin contract uses USDT stable coin as the contract margin, and conducts contract transactions of the corresponding currency to open and open operations. Its advantages over currency-based contracts can reduce the risk of price fluctuations in the margin itself.
For users, calculating the income will be simpler, and it is cheaper to operate multi-currency contracts at the same time. It is possible to trade multiple contracts using only USDT in the same currency.
Currently, on the BEEX platform, we provide USDT perpetual contract transactions in 6 currencies, and more USDT-standard perpetual contracts will be gradually opened in the later stages.
5. Regarding contract transactions, will there be targeted activities or plans in the future? Can you introduce it in detail?
Answer: BEEX will propose a contract broker system in the future. The contract broker system is a combination of the invitation mechanism and the counter-commission mechanism.
The general logic is that the user you invite, each time you complete a contract transaction, you can benefit from his transaction. The contract economic person mechanism will be launched in the near future, and detailed rules will be introduced at that time. You can look forward to it.
In addition, according to the results of our previous attempts, the contract competition is actually very popular with users, so in the later period, we will regularly hold real contract competitions for perpetual contracts. I hope everyone can participate.
6. As the number of BEE holders gradually increases, the holders pay more and more attention to the rights and interests of BEE. What are the main aspects of BEE’s rights?
In fact, for BEE, there are already many rights and interests.
Users who hold BEE will enjoy different rights and interests according to the amount they hold.
For example, partners who are currently participating in pledged BEE, in addition to increasing the number of BEEs obtained from daily mining transactions by inviting friends to trade, can also obtain a special dividend mechanism for partners, allowing these partners who pledged BEE to directly enjoy the transaction belt This can be said to be the core interest of BEE. At present, we have accumulated close to 1 million BEE to our partners.
In addition, we also provided different types of welfare activities for partners in the early stage, such as the addition of mining coefficients, listing airdrops, and preferential purchases.
Next, we will launch a BEEX contract broker based on a perpetual contract. We plan to associate the contract broker with the number of BEE holdings. For example, holding a certain number of BEEs can be our contract broker, and the contract economy Of course, the rebate obtained is related to the BEE breakdown you hold.
Others, we are also considering holding more benefits such as BEE to enjoy fee discounts, user voting rights, etc. I believe we will see more bee rights in the near future.
7. For digital asset trading platforms, security is of paramount importance. What efforts does BEEX make to ensure the security of all parties?
Security is very important for any transaction, and BEEX is no exception.
At present, many exchanges fail or run out in the market, largely because the exchanges have misappropriated user assets for various investments, resulting in capital losses and users’ inability to withdraw cash.
However, BEEX uses a three-party custody business in the securities model. Our method of custody of all assets on a third-party platform, namely the BlueHelix decentralized asset custody and settlement platform developed by BHEX, ensures that user assets are not misappropriated and embezzled. At the same time, in order to ensure the safety of users ‘assets, BEEX will regularly publish the address of the full reserve to ensure the transparency of the reserve, and users can query the reserve, thereby avoiding users’ concerns about hidden asset security risks.
8. The success of BEEX cannot be separated from the community, so how does BEEX sink into the community and benefit the users of the community?
We have a complete partner plan. Our future partner plan includes not only partners at the community flow level, but also contract level brokers. The partner plan has been implemented and is very successful. The contract broker plan Already planning.
It will also involve city partners, overseas partners, etc. Everyone who participates in our ecology, we hope that they will benefit from it and be motivated. This is the goal of our team.
If everyone in the community is willing to contribute, gain benefits and grow, I believe the exchange will be bigger and bigger. Our partner program will also continue to iterate and fission, and it has only just begun.
Published at Mon, 10 Feb 2020 13:14:41 +0000
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