BINEX has recently reached a significant milestone with its Alpha Launch on the 17th of July, 2018. BINEX.TRADE has unveiled the Alpha version of the Exchange to the Binex family of more than 85,000 users. The main objective of the Alpha Launch is to test the exchange’s live performance with traders. The company plans to launch the exchange initially with the basic features, and post Alpha Launch will come up with the Beta version of the exchange with advanced features.
BINEX.TRADE has promised to deliver excellence to its users, and the ultimate goal is to create a hassle-free trading platform that caters to every need of the trader. In the initial days of the launch, traders can have the first-hand experience of transacting in trading pairs including BTC, ETH, BEX, USDT, LTC, and XRP. The exchange is designed to provide the traders with a smooth and user-friendly experience. The exchange offers features from high level security, leveraged trades, analytics dashboard and insightful reports to maintaining liquidity, powerful matching engine, and volatility monitoring.
The platform offers 70% of the trading commission to the users holding BEX on a daily basis. Apart from the revenue sharing there are a number of features, including:
Advanced Trading Features – Features provided by the Exchange can ease trading and help traders earn more. Traders might need to keep a watch on the price trends of a cryptocurrency for which a price chart can be useful. Reports on daily, weekly or monthly trades can help traders track their earnings. An Analytics Dashboard can help traders build a strategic portfolio. All these features help traders make better decisions while trading.
Leveraged Trades – Features like margin trading enable traders to leverage their trade quantity and profits. BINEX.TRADE Exchange allows the user to open a position at a 2x to 3x leveraged amount in margin trading. The exchange also provides for an automatic exit feature that closes the user position at the most efficient rate so that the user doesn’t miss the opportunity.
Liquidity and Volatility Control – BINEX.TRADE ensures the efficient management of market volatility to secure the interest of its traders. It also eliminates the liquidity risk on the exchange through continuous monitoring of the transactions. The higher the liquidity on the exchange, the better the price economy and faster the transactions.
Powerful Matching Engine – Cryptocurrency markets are extremely volatile and even a second’s delay in the execution can lead to a loss. BINEX.TRADE has an efficient matching engine that helps smooth trading through quick buying and selling.
High End Security – BINEX.TRADE is designed to function on a multi-tier platform that offers high-end security. The platform ensures secured transactions with a two-level encryption which is at the database level and the API level. The platform also provides enhanced security at the user level with secured login, captcha, 2 factor authentication, e-mail verification, same- browser login and summary page approval.
Apart from the on-board exchange features, BINEX.TRADE is offering a reward of 1000 BEX for reporting a bug on the Alpha version.