The new exchange, represented by FCoin, launched a “trading-as-a-mining” mechanism in 2018, challenging the three established exchanges, and the breakout war of the uprising exchange stars was officially launched.
In 2019, another batch of fresh troops characterized by “model play” and represented by Matcha and BIKI suddenly rose, the exchange world opened the competition on “participate in the purchase of new shares with funds”, the competition was very fierce, and the second round of the breakout war between the uprising stars began thereout.
In 2020, Bitcoin market falls and hot spots are scarce, the market undercurrent is surging, and perhaps only the exchange can lead the trend again. For example, the contract plate competition has been very fierce since this year, while focusing on security and compliance, product-based innovation has become the point of strength. “It’s been a long time since the barbaric era of attracting users with fly-heads and small profits, and they can’t cultivate loyalty at all. Now the digital currency circle is more product-oriented.” Cryptocurrency analyst John told me.
Bitbase, a rising star in many of today’s emerging markets, is trying to jump-start the exchange industry’s third breakout ware with product services and technological strength.
Member of Bitbase founding team were the core personnel of Huobi and OKEX exchange, with rich experience, resources and advanced technology, the products use distributed server cluster, distributed storage, cold wallet, private key off-line hot wallet and other advanced technology to be committed to creating digital assets global circulation, so as to provide customers with safe, stable and credible digital assets trading services with the Web terminal, mobile phone terminal, PC terminal and other multi-terminal.
At present, the global registered users are over the number of 500,000. Bitbase Exchange established its offices in Eastern Europe, Malaysia, Vietnam, Cambodia and Southeast Asia, with a sound capital OTC access and product experience, supporting by a hundred-personnel technical team, and equipping with a sound trading security mechanism and a strong underlying structure. “I joined into the digital currency circle in two years ago; I can say that Bitbase Exchange is the most stable one.” The investor, Li Mu (pseudonym), told me.
Bitbase’s core business involves currency transactions, contract transactions, asset wallets and OTC services, forming a complete product line, and will continue to innovate in line with user needs to provide richer and more practical product features.
At the same time, based on the distributed digital assets trading platform of community consensus autonomy, Bitbase combines the high performance of the centralized exchange and the high reliability of the decentralized public chain perfectly to have realized the one-stop choice of digital assets security storage, new project crowdfunding, digital assets issuance, and the solution of digital assets users.
According to Bitbase, the platform also attaches particular importance to security and now has achieved a breakthrough in security innovation, based on Bitbase technology and multi-layer protection, the platform keeps hundreds of billions of assets for users and has never had a technical safety accident so far. The advanced technologies, such as GSLB, distributed server cluster, distributed storage, high-speed memory trading engine with multi-computers, cold wallet, and off-line hot wallet with private key, are employed to guarantee the transaction to be stable.
In terms of asset settlement and risk control, Bitbase chooses to achieve 99.999% high availability of liquidation core through financial-level micro-service architecture Spring Cloud and financial-level distributed database HDFS, and to enhance the five capabilities of liquidation core, such as fault emergency, data support, risk measurement, gray level drilling and risk identification through attack and defense drilling, thus to realize the real-time liquidation of 10 billion digital assets and ensure the user’s high-quality experience.
When the premise exchange is busy in the license, it has become the “stepping stone” for cryptocurrency exchange into the mainstream society, manifesting legitimacy and comprehensive strength of the exchange. However, its gold content varies heavily since different countries have different definition standard and review mechanism on the license.
In general, the EU MTR license is the industry’s highly recognized license, and Bitbase has been issued with the EU MTR license, a dual license of digital currency + wallet. For blockchain projects, this license service covers a wide range of areas and possesses a high degree of authority.
In summary, the above-mentioned practices and efforts are the initial reflection of Bitbase, the team has been adhering to the principle of open and common development to build a mature low-level technology platform by relying on a professional blockchain development team, to fully incubate application projects, so as to help them get implemented and gradually complete the exchange’s internal ecological construction.
As stated officially, in the future, Bitbase will continue to innovate and optimize its products and services, serve the needs of users, and provide the safest, most stable and most efficient digital financial transaction service platform for users around the world. It is believed that Bitbase will be the leader of the exchange’s third breakout war.