About Bitmillex
Bitmillex is the next generation cryptocurrency exchange that aims at taking advantage of the opportunities presented in the cryptocurrency exchange space, addressing the areas of deficiencies identified in current exchanges and providing a solution to the specific needs of traders and investors.
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Basic Information
| Token Name | BTML |
| Token sale | 50,000,000 BTML |
| Social Media | |
| Token Price | 0.25 USD |
| Platform | Ethereum |
| Token Supply | 75,000,000 BTML |
| Hard Cap | 10,000,000 USD |
| Soft Cap | 1,500,000 USD |
| Whitepaper | Click Here For View Whitepaper |
| Website | Click Here For Visit ICO Homepage |
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Features
Auto Trade
Introduction of auto trade mode that works on the premises of copy trading. Users have an option to select which trader to follow from a pool that shows the performance of all listed traders. Trades executed by followed trader mirrors automatically on followers account.
Free Trading Signals
From the Bitmillex analysis floor, free daily trading signals generated by the team of trading analysts from technical and fundamental data, as well as tested trade algorithms. Exclusive to all holders of BTML token.
Margin Trading
Introduction of MT5 trading software to cryptocurrency exchanging. to give a multi-platform and multi-terminal trading experience. A major advantage of this is that it supports margin and multi-directional trading. traders can buy in bull markets and sell in bear markets.
BTML
The Bitmillex Token (BTML) is the dedicated cryptocurrency of the Bitmillex Exchange. A decentralized ethereum based token with a maximum quantity of 75,000,000 units. As an ERC-20 smart Token, the BTML shall be easily transferable between users on the EthereumBlockchain To increase the demand and consequently, the value of BTML tokens, certain Exchange offerings will be made exclusive to BTML Token holders. Such offerings include Auto Trade Option, Minimal Transaction Charges, and the free trade signals.
The Opportunity
Against this backdrop, and as the revolution sweeps on, the cryptocurrency community grows every day, more coins/tokens are being created with cryptocurrency exchanges struggling to keep up. Infrastructure and technology put in place by exchanges can no longer accommodate the rising wave, leading to site crashes and security breaches resulting in losses amounting to billions of dollars. With almost every big exchange having been affected in one way or the other, needing to make frantic upgrades to their existing facilities and resources, coupled with a change in the demand pattern of cryptocurrency traders, it needs no saying that this is the time to step in and take advantage of this opportunity by bridging the gap between what traders’ desire and what is currently available.
What is Bitmillex?
Bitmillex is the next generation cryptocurrency exchange that aims at taking advantage of the opportunities presented in the cryptocurrency exchange space, addressing the areas of deficiencies identified in current exchanges and providing a solution to the specific needs of traders and investors. The idea of the Bitmillex project was conceived in 2016 when a group of traders who met during the New York Trading Show, opened discussions and analyses on the gaps between what was desired by traders in the rapidly rising cryptocurrency space as opposed to what was actually provided by exchanges.
The plan was initially to leverage on the experience of the founders and develop a model to operate as a crypto advisory, hedge fund management and to invest in pool mining. The project was then named the Coolima Invest forum. However around mid-2017, as a result of further surveys and events it was agreed that the group focus be redirected to using the project as a vehicle to address more pointedly, the challenges and problems identified in the cryptocurrency Exchange industry by developing a platform that will not only win the trust of investors but offer a completely new dimension to exchanging. The team consequently agreed to adopt a new name Bitmillex.
Solutions
Most Secured Crypto Currency Exchange:
the company aim is to make Bitmillex the world’s most secure cryptocurrency exchange where traders do not have to lose sleep over the safety of their funds. the company wallets shall be totally fool-proof and secured. To ensure this, the company know it is paramount to invest in the very best underlying technology. As part of efforts to achieve the company objective, the Bitmillex Exchange shall primarily be hosted in the cloud, in partnership with Amazon Web Services (AWS). Custom built security layers to be deployed include the AWS Identity and Access Management (IAM), Cloud computing, Relational Database Service (Amazon RDS) and Amazon Elastic Compute Cloud (EC2).
Multiple Servers with H.S.M Integration:
Not only shall the company host on dedicated cloud services, our server system will be based on failsafe, state of the art architecture. The failsafe server shall be built with instant auto-switch capabilities in case of any disaster. Unlike most exchanges, the servers shall be connected to custom-built Hardware Security Modules to safeguard and manage cryptographic keys as well as provide secure execution of critical codes. We shall deploy master-slave database replication, the load balancer as well as customized HTTP accelerator to maximize performance efficiency by distributing the workload across multiple servers.
The Most Advanced Trading Engine:
The matching engine is the core software component of an electronic exchange. Matching engines use algorithms to allocate users’ trades, matching bids with offers on stop and limit bases. The company is building what will be the Exchange industry’s largest and fastest trading engine capable of processing 2,200,000
orders per second, at least 50% more than what can be currently found on the biggest exchanges. By being customized to connect to, and aggregate liquidity from the top exchanges in the industry through API links, this C++ Programmed engine guarantees that not only shall the company users enjoy the most competitive prices, but also that no orders can ever be stuck, and execution shall go through in microseconds.
Peer To Peer Lending
Another first by Bitmillex, a social lending system that is aimed at redirecting interests earned on margin trading from institutions and putting it in the hands of investors. It works by bringing together traders with a higher risk appetite or who want to invest more than their account balances can accommodate and hence want to trade on borrowed funds; and those who want to lend out their idle or unused funds. In effect, a form of margin trading system funded by other traders’ funds To borrow, prospective borrower “applies” for funds. This is matched with funds “Offered” for lending by prospective lenders.
24/7 Real-Time Customer Service:
Unlike services offered on most exchanges, the company shall operate 24 hours, 7days a week responsive customer service unit to respond to clients in all major languages
Video
Team
| Member |
Malcolm Briton – CO-FOUNDER/CEOEmir Buğra Köksalan – CO-FOUNDERRajdeep Dhar – CO-FOUNDER,Matthias Van Dooren – TEAM LEAD SOCIAL MEDIA CONTENT |
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Also Read – Click Here for Read All ICO Review
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