Burstex.io - World’s First Crowd Owned Cryptocurrency Exchange

INTRODUCTION

Blockchain technology brought about by Bitcoin makes it possible for individuals and organizations to run a currency known as digital currency as an application on a network in a decentralized manner. This technology gives individuals the opportunity to create their own specialized cryptocurrency for laudable projects and also give other individuals the opportunity to key into such projects by purchasing tokens of projects that interest them.
Individuals can mint cryptos and other individuals can own such cryptos by taking part in crowdsales and ICOS. But all these cryptos are useless without an exchange. An exchange is a platform that functions as a market place where cryptos are listed and cryptos users or holders are given the opportunity to exchange one crypto for another or convert their cryptos to fiat currency.
There are many of such exchanges in existence but these exchanges are not devoid of challenges. Some of the challenges faced by some of the popular exchanges in existence are limiting the mass adoption of cryptos by some well established organizations and individuals. Some of such challenges include:

Security challenges
Fair distribution of profits
Lack of transparency in exchange operations
Unauthorized freezing of users’ accounts and loss of funds
Centralization
Lack of regulation compliance
Slow transaction speed and high transaction charges. Etc
All these challenges are what BURSTEX has come to address. As they have developed a revolutionary crowd owned exchange which implies that profit generated from the trading structure shall be allocated to holders of Bex token. https://burstex.io/

ABOUT BURSTEX

Burstex is developed as the world's first decentralized cryptocurrency trading platform that run on it's own blockchain. Burstex will be a crowd owned exchange which implies that profit generated from the trading structure shall be allocated to holders of Bex token.
Hence, being a genuine participant of Burstex exchange assures customers of steady income distributed from Burstex profit pool as long as the user purchases and maintains ownership of the token launched within Burstex decentralized framework.
This revolutionary exchange operates on it's own blockchain called Burst. The team implemented the use of Burst blockchain to tackle the problem of excessive energy consumption pertaining to numerous blockchain in the crypto sphere.
Burst blockchain created by a community of professional developers will be eco-friendly, economical, scalable and utilizes hard drive that consumes less energy which serves to be highly profitable to miners.
The blockchain operates with Proof Of Capacity concept that permits instant transactions and scalability within the network, thus exhibits immense advantage against current blockchains.

BursteX Solution

Burstex is the World’s First crowd owned exchange, meaning all profits are distributed among BEX token-holders.
Burstex is built on the Burst blockchain. One of fastest, secure and most eco-friendly blockchains to date.
Achieving just a small market share will result in million-dollar profits for BEX token holders.
Up to 200x leverage allows our traders to perform to their highest abilities and potential.

Many exchange platforms are developed with crude infrastructures that creates difficulties in trading activities for users. However, Burstex is outfitted with best technologies and systems suitable for cryptocurrency trading, made available to all users within Burstex framework.

Insecurity is a major problem affecting various types of exchanges. Burstex exchange will be a secure environment for cryptocurrency users because the team initiated innovative steps to protect user's funds regularly. These involves integration of Multi-sig wallet with insurance to safeguard all funds 24/7 with interest while control over personal assets will be given to users via ownership of private keys.

Burstex is developed as a regulated cryptocurrency exchange with decentralized architecture. These features ensures that government entities are unable to monitor and control users transactions while users will be assured to receive access to the platform's capabilities without registration of their private data.

Crypto traders can make a lot of profit from Burstex exchange via Margin trade. Burstex offers up to 200 × leverage trade for users which yields profit while increasing volume and depth of market trades.

Unlike several exchanges with poor customer service, Burstex fully operates with professional customer service which comprises of 24/7 chat support, operational email and phone customer support. Interestingly, this customer service is made available in Multilingual support such as Russian, Chinese, Korean, English and so on. https://burstex.io/

CONCLUSIVELY, Burstex aims to facilitate mass adoption of cryptocurrency by removing the constraints attached to the existing outdated blockchain system .The existing blockchain system excessive power consumption and ecological implication has atttract so much critics, hence leading cryptocurrency to no where. Burstex blockchain technology has emerged to change the game by restructuring blockchain system and building an enabling infrastructure which will make it attractive to global audience.

FOR MORE INFORMATION PLEASE VISIT THE LINKS I HAVE PROVIDED BELOW;

Website: https://burstex.io/
Whitepaper: https://burstex.io/wp-content/uploads/2020/03/Burstex-Whitepaper-Final.pdf
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=5218386.0
Linkedin : https://www.linkedin.com/company/burstex
Twitter: https://twitter.com/Burstex_io
Facebook: https://facebook.com/burstex

Author: BrainerdPaul
BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=1680409