Place/Date: London, United Kingdom - March 29th, 2019 at 5:32 pm UTC · 4 min read
Contact: Loreen Estillore, Director, Source: Buzzex
Buzzex is a new secure digital asset trading platform, built by a group of traders and cryptocurrency enthusiasts, which boasts some unique features. Built from the ground, it will allow traders to maximize their profits with every trade they make. The trading platform will open up with over 100 active coins and markets for traders to exchange digital currencies.
Instead of an isolated liquidity source, Buzzex uses a smart order routing system to not only display orders in its own order book, but also display the best orders from other liquidity sources. This guarantees liquidity in all markets from day 1.
As more and more liquidity sources are connected, it will allow traders to maximize their profits from every trade by getting the best price to buy or sell cryptocurrencies, as well as ensuring fast execution of trades as orders potentially get filled from multiple sources. Find more information about the Buzzex Global Order Book here.
Qualifying traders will also be able to benefit from the arbitrage plugin. Launching 6 months after Buzzex opens its’ doors, it will analyze orders in the global order book and perform triangular trades on multiple exchange platforms simultaneously. This will allow traders holding coins on the Buzzex platform to grow the coins in their wallets without actually having to perform trades themselves. Find out all the details about the Buzzex Arbitrage Plugin here.
Buzzex coins are the utility coins of the Buzzex platform. It is a masternode/proof of stake coin on its own blockchain that allows qualifying traders to get up to 100% discount on trading fees and earn part of the daily trading fees in BTC, ETH or USDT, by simply holding them in their Buzzex wallet.
Buzzex Coins also give holders voting power to decide which new coins get added to the platform. The first 6 months of trading, traders will earn BZX as fee cashback at a rate of $0.13 while trading on the Buzzex platform. Learn more about mining Buzzex Coins here.
To further distribute Buzzex Coins to active traders on the Buzzex trading platform, every coin will have its own mini-trading competition which will last for 6 months. Up to 100 million BZX ($13 Million value based on fee cashback) will be distributed to up to 4,400 traders.
Traders with the highest volume for each coin will win 20,000 BZX coins or more, automatically qualifying them to trade with zero fees and earn daily fees in all base currencies forever. Certain requirements need to be met in order to validate the competition of each coin listed on Buzzex. More info can be found here.
Every coin project which is validated during the trading competition will be able to earn 1 million BZX to help grow their project. This can be used for development, or for marketing purposes. As an important note, only the first 100 projects of which the trading competition gets validated will be able to acquire the 1 million BZX by verifying coin ownership.
In times when coin developer teams are cutting down on costs, Buzzex wants to enable a system in which a trading platform gives back to the community to help grow the global blockchain and cryptocurrency ecosystem. Find more info about the Buzzex coin partner program here.
Traders interested in testing out the platform to reap all the benefits can join Buzzex today and start trading from one secure account on multiple order books. Buzzex’s aim is to provide the deepest liquidity in all markets, to offer the widest variety of digital assets, the best prices to buy and sell cryptocurrencies at any time and the fastest execution of orders to maximize trader’s profits.
Disclaimer: This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest. The Buzzex token sale is closed to US participants and participants of all countries in which ICOs are illegal.