Guaranteed Asset Price Growth Sets Apart BitWinEx From Other Exchanges One of the features that set the new exchange, BitWinEx apart from other exchanges, is the guaranteed asset price growth. The exchange came into effect on the 12th July 2018. The asset price growth is programmed into the system via an Ethereum smart contract. For instance, the cost of each currency in the BitWinEx exchange is determined by a smart contract that is doubled for successive buyers. Another significant feature of the exchange is that it has no internal wallet. The exchange doesn’t need a deposit and it also doesn’t store the funds of its users. All user transactions are passed directly using an external MetaMask wallet. When a BitWinEx coin is issued, the price increases at five levels. During the initial levels, a coin dealer earns a profit of 50 percent of the price that he or she paid. Once all five levels are completed, trading stops and the exchange buys back the currency. All currency repurchases are managed through a smart contract and are done on a daily basis. The buy-back money does not belong to the exchange. Instead, it is stored in an external smart contract which prevents abuse. It also ensures that the exchange functions transparently for all its users. A separate bonus fund is distributed by BitWinEx to the top 100 users who have BitWinEx coins that haven’t been bought back yet, once a day. The fund receives 10 percent of each transaction made. As reported in the Bitcoin Exchange Guide, trading will start on the exchange only after the first 25,000 users have registered. The exchange plans to launch its own BWC token in the second stage of the project roadmap. The price is likely to be fixed at one ETH. All users who will be trading with the exchange in the first stage will have the advantage of BWC tokens deposited in their wallets for free. The post Guaranteed Asset Price Growth Sets Apart BitWinEx From Other Exchanges appeared first on OWLT Market.

One of the features that set the new exchange, BitWinEx apart from other exchanges, is the guaranteed asset price growth. The exchange came into effect on the 12^th July 2018. The asset price growth is programmed into the system via an Ethereum smart contract.

For instance, the cost of each currency in the BitWinEx exchange is determined by a smart contract that is doubled for successive buyers. Another significant feature of the exchange is that it has no internal wallet. The exchange doesn’t need a deposit and it also doesn’t store the funds of its users. All user transactions are passed directly using an external MetaMask wallet.

When a BitWinEx coin is issued, the price increases at five levels. During the initial levels, a coin dealer earns a profit of 50 percent of the price that he or she paid. Once all five levels are completed, trading stops and the exchange buys back the currency. All currency repurchases are managed through a smart contract and are done on a daily basis.

The buy-back money does not belong to the exchange. Instead, it is stored in an external smart contract which prevents abuse. It also ensures that the exchange functions transparently for all its users.

A separate bonus fund is distributed by BitWinEx to the top 100 users who have BitWinEx coins that haven’t been bought back yet, once a day. The fund receives 10 percent of each transaction made.

As reported in the Bitcoin Exchange Guide, trading will start on the exchange only after the first 25,000 users have registered. The exchange plans to launch its own BWC token in the second stage of the project roadmap. The price is likely to be fixed at one ETH. All users who will be trading with the exchange in the first stage will have the advantage of BWC tokens deposited in their wallets for free.

The post Guaranteed Asset Price Growth Sets Apart BitWinEx From Other Exchanges appeared first on OWLT Market.

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