Review on BlueHelix Exchange (BHEX) by gregori cordova
a highly reliable and prestigious exchange with very valuable features for all types of users
With the arrival on the market in 2009 of bitcoin and later other cryptocurrencies, it became necessary to create a platform that would allow users to buy, sell and exchange those digital assets, which is why cryptocurrency exchanges are created . The variety in the market of this type of platform is enormous, and each one has different characteristics that adapt to the tastes of each user, and with levels of security and trust that you must know how to identify before choosing them to start using. operate on them. An example of this is the HBTC Exchange, created a couple of years ago by the former CTO of Huobi global, james ju, and in a short time it has managed to maintain millions of daily transactions, placing it as a very reliable option in the current market. But there is a question that all cryptocurrency users always ask themselves when choosing an Exchange, and that is why we are going to delve a little into the characteristics of this platform below.
How to choose an ideal cryptocurrency exchange? (the million dollar question)
The ease of use
When choosing an Exchange, it is one of the characteristics that users value the most, especially beginner users that can be confused with interfaces that are widely loaded with information and that can be different in many exchanges. In this sense, HBTC offers a very clean and comfortable interface without an information charge and where all available options can be easily accessed. When trading, which is usually one of the most complicated parts for users, it really seems to me that everything is in the right place, and even the letters have an adequate proportion, since all the buttons are in plain sight. The platform is available in 6 languages (English, Russian, Chinese, Turkish, Korean, Japanese, and Indonesian) and can be easily used on any mobile and PC operating system.
Anonymity and security
Anonymity is undoubtedly an essential part in the decision of both investors and enthusiasts and beginners when choosing an Exchange. HBTC offers various levels of anonymity ranging from 2-step authentication key enablement, anti pshing code, phone verification and multi-level KYC, allowing full use of all platform options. To open an account and start trading as a normal user, it only takes a few steps and it is done very simply and without complications.
Because hbtc incorporates a BHPOs consensus mechanism in its DEx platform, private keys remain secure compared to other exchanges that operate under a private blockchain.
fees and pairs available
It is necessary to take into account what type of commissions the exchanges charge to operate, when deciding to exchange our digital assets. HBTC offers rates that go from 0.1% in maker / taker options and that can even reach 0 commissions for VIP level 9 users who maintain a certain level of monthly transactions or who hold their native cryptocurrency hbc. These rates are very competitive considering that in the market the minimum rates can be 0.25% and up.
It is also necessary to know if the cryptocurrency that we want to exchange is accepted by that Exchange when choosing one. In HBTC there are more than 155 cryptocurrencies available to operate and that number is constantly increasing, with the majority being BTC the favorite pair to make exchanges.
Support service.
The support service is considered an essential part of any platform, but especially it is very helpful in the Exchange at the time of any doubt to operate. I was able to corroborate that HBTC offers this service in an optimal way, since it has a help service via live chat, which facilitates and expedites any questions that may arise. Personally, it is one of the fundamental characteristics that for me, an Exchange must have, and HBTC does it correctly.
Reliability
Of course, the reliability that an Exchange generates helps us decide whether or not to use it to start exchanging our digital assets. The fact that the Exchange is run by a former CTO of a company as prestigious as Huobi, and that it has partnerships with more than 50 high-performance companies in the world is undoubtedly something that generates more confidence in users, since they know that your money is in good hands. In addition, the volume of transactions and the liquidity that this Exchange has been gaining in recent years is an important piece of information for anyone who wants to make an exchange.
My honest conclusion
Without a doubt, I must say that HBTC is doing a good job of attracting more users, providing high-quality services and cutting-edge technology, in a constantly changing market. The different options to operate offered by this platform make it a strong competitor in the cryptocurrency market and the API services available so that different startups can create their services to suit them without complex programming knowledge, makes the platform have every day more integrations with the real world to improve the quality of life of its users.
Pros
- Hbtc is a highly reliable platform with very complete options that make it a strong competitor in a constantly growing market
- Its user interface is very clean and sober, and not at all confusing, which makes it a good option for both beginners and experts and It is available in 6 different languages
- Thanks to its HBTC chain technology, the keys remain private and cannot be manipulated or accessed by anyone.
- They provide an API available so that different startups can create innovative financial services without the need to program from scratch.
- They have a huge daily trading volume
- It can be used without any inconvenience in all operating systems, both mobile and PC
- Commissions are undoubtedly one of the most competitive on the market, reaching even 0 for the most active traders on a monthly basis.
- The fact that it has associations and investors such as Huobi global, Okex and 54 other companies with excellent reputations, gives a very high level of prestige and trust to the platform.
Cons
- It does not allow deposit and withdrawal in fiat currencies, which without a doubt I must say is its main disadvantage
- It is not available for US investors to operate on the platform
