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Report from Platinum Q DAO Engineering: XEM coin is listed on BTCNEXT

Tue, 06/11/2019 - 08:39
Report from Platinum Q DAO Engineering: XEM coin is listed on BTCNEXT
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BTCNEXT exchange is glad to announce that XEM coin has been listed on BTCNEXT! Deposits, withdrawals and trading of the XEM cryptocurrency are available now.

XEM coin has come to BTCNEXT team attention that as well as Platinum Q DAO Engineering, NEM focuses on user experience and simplicity of its blockchain solutions. One of the main features of the NEM website is the versatility of its blockchain and its multiple applications. The team is building a blockchain for real-life purposes: notary records, real estate, personal cryptocurrencies, crowdfunding, etc.

Ruslan Inozemtsev, CTO of BTCNEXT, said, “By listing NEM’s token, we seek to help NEM’s team to develop the first smart asset blockchain in the world, built exclusively for enterprise applications. We believe that its public blockchain technology will also help corporates to develop all kinds of assets such as virtual currencies, supply chains, notaries and ownership records. In the end, however, we strive to provide cryptocurrency users with safer and faster service, thus making the entire blockchain industry more complete.”

What is so special about BTCNEXT?

BTCNEXT is a cryptocurrency exchange, developed by Platinum Q DAO Engineering, which seeks to bring value to both projects and traders. Amongst the wide variety of features, one must be highlighted as fundamental – the platform gives prime importance to customer support. The results already speak for themselves - all the users have access to 24/7 customer support, where BTCNEXT team will try to solve any question or problem. No additional fees will be charged for that.

The easy-to-use platform supported by an intuitive design makes it the perfect fit for both beginners as well as advanced traders. Currently, the exchange provides services like spot trading, margin (or leveraged) trading, OTC trading, Launchpad for IEO, advanced trading instruments and a 24/7 call center for customer support.

The exchange is yet in the process of developing fiat gateways for withdrawal and deposits. It has taken all precautions to be fully compliant with all existing laws in the countries where it is operating. With a minimum charge of 0.010 for trading, BTCNEXT also offers VIP customers (deposits more than 50,000 dollars) with bonuses for withdrawals and deposits for the first six months.   

About NEM (XEM)

NEM is a blockchain project that caters to much more than only handling its native currency tokens "XEM". Its peer-to-peer platform provides services like payments, messaging, asset making, and naming system. There shall be a lot more to come, as NEM is an evolving solution with an outstanding core blockchain technology.

NEM also advocates low entry barrier with Proof of Importance (POI) instead of the traditional ones that require a lot of stakes or computing power to mine. It also uses another solution, called Eigentrust ++ to validate and sieve out bad actors in the network. As an evolving solution, NEM is setting the stage for better things to come. At the initial stage NEM has this to offer:

  • Apostille, blockchain notarizations that are transferable, updatable, branded and conjointly owned.

  • Luxtag, a blockchain base

  • Landstead

  • DragonFly Fintech

  • First blockchain based multisig solution.

  • An encrypted messaging solution that also allows unencrypted and hex messaging.

  • Harvesting: Once harvesting is started, you don't need your wallet to stay open to harvest. It can be closed and the wallet does not need to be online.

  • Protected wallet, i.e., wallet does not need to be online. It can hide behind a firewall and only connects itself directly to the NIS via the local network.

  • The wallet is protected by a password. The password and private key never leaves the computer on which the wallet is running.

  • Mosaics are NEM's asset feature and allows assets to be created to be mutable, immutable, capped, not capped, divisible, not divisible, ability to be bagged with other tokens, and levied. They come with discriptions and are a part of Namespaces.

  • NEM's naming service, Namespaces, allows organizations to build a brand or brands that can be known and identified helping to increase their projects' reputation.

  • Mobile wallets for Android and iOS as well as a pure javascript light wallet for desktops.

  • Spam protection designed to prevent attacks on the network by raising the fees of the attackers.

  • Node Rewards for participants running high powered nodes that serve light and mobile wallets.

BTCNEXT exchange, the next generation spot and margin-trading platform, has been developed by Platinum Q DAO Engineering, which has also brought USDQ and KRWQ to the market, looking to edge together innovative solutions in collateralization. They plan to achieve it by using stabilizing mechanisms and neural networks for high-endurance stable coins.

The one aspect of USDQ and KRWQ which makes them unique is that these stablecoins are decentralized. They have Bitcoin as a collateralized cryptocurrency debt backing up the value, instead of a centralized authority holding dollar bills, as in the case of Tether (USDT).

In order to protect investors’ funds, BTCNEXT developers have implemented more than 300 security measures. In the near future, users will be able to trade over a hundred types of tokens including Bitcoin, Ethereum and Litecoin. For more information, visit their website and follow them on Twitter, Instagram, Telegram, Facebook, Medium or LinkedIn.


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