The New Exchange Platform with Leverage Feature | BaseFEX

cryptoforker (46)in #exchange • 5 years ago

Introduce

Conventional exchange is a very familiar but not unique anymore.
Leverage is a feature that wasn’t new, but this feature is rarely in conventional exchanges such as binance, okex, huobi. Bitmex is very famous exchange with the leverage feature.

Now not only Bitmex has a leverage feature, but BaseFEX also is a new exchange that provides leverage features, They have 4 coins that can be traded: BTC, BNB, HT, and OKB coins. These three coins are well-known exchange coins. While BTC itself is a speculator's favourite coin.

What is BaseFEX?

BaseFEX is a derivative exchange or bilateral cryptocurrency contract without any delay and leverage feature is superior. BaseFex was developed by experts, they are Jesse Wu and Issac Zeng.

The mission of BaseFEX is become the most transparent derivative exchange, and modern and simple. BaseFEX also provides smooth UI, safe, and easily accessible to traders from any country.

The Activity in BaseFEX

Although this exchange is new, the market activity isn’t dead. At April 2, 2019, there are 48,138 BTC was traded in 24 Hours; BNB 4,412 BTC; HT 3,008 BTC; OKB 1,829 BTC

Leverage feature is a reliable thing in BaseFEX exchange.
In the Bitcoin leverage feature, we can use it up to x100. On March 28th, 2019, BaseFEX supporting BNB, HT, OKB up to 20x leverage.

Affiliate Program Details

This program offers the following benefits:
Affiliate Payout Structure

Security

Before sign to an exchange, The first we have to do is looking security of an exchange. BaseFEX has a high commitment to the security of this exchange.

Wallet Security

The safest to save cryptocurrency assets is in the cold-wallet. All assets on this BaseFEX are stored in a multi-signature cold wallet. Please note that all BaseFEX addresses are stored offline.

Every withdrawal at BaseFEX will always be cross-checked first by at least 2 BaseFEX employees. This shows that there is no private key stored in cloud storage

Fee

The fees as followinf at the table

Other Fees

Deposit and Withdrawal
In the past when the cryptocurrency price was still cheap, the deposit was the most detrimental. Having had a lot of people using cryptocurrency as a money exchange transaction, the deposit fee is no longer held. With BaseFEX, there are no fees for deposits. But for withdrawal, of course, needed and the cost was following to the blockchain transaction fee itself.