A digital asset trading platform says its “superior circulation capabilities” can help tokens thrive in the crypto world, through financial-level services that enable tokens to be issued more quickly.
BitForex claims that many of its rivals lack transparency when launching currencies — and their desire to maximize profits can act as a major obstacle when entrepreneurs are attempting to launch new digital currencies.
The company hopes to integrate the token economy into the real world quickly, as it believes this would “promote economic and social innovation.”
One stop shop for crypto users
BitForex says that its suite of services has already gained popularity in the crypto world, with an emphasis on customer service, strong security and a resilient technical infrastructure, as well as internationalization. At present, it offers transaction services for more than 100 types of cryptocurrency and plans to launch an ecosystem for digital asset derivatives, including option contracts and futures contracts.
It is also unveiling the BF Token, which is designed to allow revenue to be shared among BitForex users who trade on the platform. When the token goes live, the company says that this will be the main payment method for trading fees and any other costs that traders incur. It is hoped that this distribution system could see traders cover some — or even all — of their costs.
Although listing the BF Token on exchanges[1] is described as a possibility in the future, BitForex is currently planning to list it exclusively on its platform, and the token is going to become available as soon as its Initial Coin Offering concludes.
Plans to become a market leader
BitForex has the ambition of becoming the world’s number one crypto
