BTCIX.trade incorporates a decentralized ledger within its proprietary centralized platform in order to neutralize front-running and guarantee the unalterability, temporality, and transparency of the order book.
BTCIX.trade's unique hybrid model and strategic partnership with the bitcoin rush app to provide a fair and secure trading environment in which every type of transaction, intra-chain, cross-chain, and crypto/fiat, is executable.
Thus, unlike fully decentralized exchanges, BTCIX can cover 100% market share with full transparency and security.
Fully Decentralized Exchanges: An Unrealistic Solution
Transactions between different blockchains and fiat transactions are impossible on decentralized exchanges. This is a significant drawback to their use given that transactions within the same blockchain represent only 3% of all daily transactions.
Although some projects have been working on the cross-chain issue, a satisfactory solution has yet to emerge, and in any case their potential future expansion is limited to 25% market share.
Development of the exchange is progressing on track. We plan to have a beta version at the end of Q1 2018 on which we’ll have large institutions at first. We will gradually open the platform to more users as we go and release newer versions of the exchange. Of course, we will prioritize users who participated in our token sale.
|Q2 2017 PoC Development||Q1 2018 Beta Version Release||Q3 2018 V1 Release|