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Binfinity – ICO Detailed Information


ICO Binfinity
Binfinity Since they originally appeared almost 11 years ago, cryptocurrencies have been promising a change that would make the world a better place for everyone. They offer a number of benefits over traditional finances, including lower transaction fees, decentralization, as well as the ability to reach everyone, whether or not they have access to the bank.
Start July 2, 2019
End September 28, 2019
Rating 2.7
Status
KYC Yes
Founded
Categories Trading
Whitepaper No
Discussion

Binfinity Overview

ICO description, Technical Details and Documents

Binfinity: High-Frequency Trading for Crypto Space


Binfinity strives to create the first of its kind cryptocurrency exchange that fully meets all regulatory requirements and offers the level of services that meets the needs of top-notch institutional investors. The project is registered as a public corporation in Switzerland under the name Binfinity AG, and operates as a member of the Financial Services Standard Association (VQF), a self-regulatory organization that offers compliance services. The company also has subsidiaries in Australia and Spain, fully licensed by the corresponding authorities.

Binfinity offers a high-performance marketplace for digital assets that is customer-oriented, carries out its operations in a fully transparent environment, ensures unprecedented security of funds, and provides an exhaustive range of high-grade trading instruments.

The specification of the trading platform


The primary objective of Binfinity is to bring the means for high-frequency trading and efficient risk mitigation to the crypto space. This is achieved through the introduction of the suite of proprietary trading products labeled Raptor, which are functionally similar to the products used in the high-end trading firms. Also, the platform has a state-of-the-art matching engine, developed by Fusion Systems, which is capable of handling up to 2 million transactions per second.

BFC serves as one of the basic currencies on the platform. It is the ERC-20 token that can be used to purchase tiered membership, get substantial discounts on trading fees, participate in the affiliate rewards program, and stake the tokens within the framework of the future Binfinity Chain project.


The team

Roadmap implementation


Binfinity began its development in 2018 with platform elaboration and obtainment of the necessary regulatory approvals, the process which has been finalized around April 2019. By May 2019, Binfinity has already launched an alpha-version of the marketplace and listed a couple of dozen major cryptocurrencies. After the successful completion of the token sale, the project plans to launch a fully-fledged fiat and cryptocurrency trading, which is due to happen around August of this year. 

Social media presence


Despite the seemingly well-prepared product, Binfinity is represented very poorly on major social media platforms. Their YouTube channel has only 6 subscribers, only 38 followers on Twitter, and 134 - on Facebook. Despite that, the project produces the content almost on a daily basis, trying to keep the audience up to date.

The IEO details


Binfinity is carrying out the IEO of BFC that provides for a 25% bonus for the minimum purchase of 1000 tokens. Moreover, the owners of the first 1000 verified accounts will get 100 free tokens. The current round of sale will end on August 7, though the IEO will run until mid-October. The price of 1 BFC is $0.1. The project accepts BTC, ETH, and USD. Citizens of Japan and the U.S. will not be allowed to participate in the token sale.

Author: Alex Paulson for Crypto-Rating.com

Binfinity Milestones

* Crypto Rating accepts no liability for any errors in the Binfinity ICO information and Rating. For the most up-to-date information please visit the ICO's official website.

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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 73.2% 55 $42 798.37 -0.61% 1.96% $810 244 910 076 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 68% 68 $3 288.08 -0.93% 4.18% $391 908 921 176 ETH 7 days price change
3 Binance Coin (BNB) BNB Binance Coin predictions 70.4% 52 $486.03 -1.28% 10.69% $81 070 817 335 BNB 7 days price change
4 Tether (USDT) USDT Tether predictions 96% 1 $1.000293 -0.01% 0.02% $78 422 507 589 USDT 7 days price change
5 Cardano (ADA) ADA Cardano predictions 75.6% 52 $1.47 9.41% 26.14% $49 180 930 341 ADA 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 95.6% 1 $0.999403 -0.03% -0.13% $45 444 626 250 USDC 7 days price change
7 Solana (SOL) SOL Solana predictions 65.6% 78 $143.58 -2.42% 2.15% $45 085 165 160 SOL 7 days price change
8 XRP (XRP) XRP XRP predictions 71.6% 58 $0.770542 -1.02% 2.14% $36 726 427 109 XRP 7 days price change
9 Terra (LUNA) LUNA Terra predictions 70% 59 $83.96 -2.70% 15.15% $30 105 929 387 LUNA 7 days price change
10 Polkadot (DOT) DOT Polkadot predictions 71.6% 53 $26.64 -5.58% 6.85% $26 304 651 272 DOT 7 days price change
11 Dogecoin (DOGE) DOGE Dogecoin predictions 76.8% 46 $0.171858 -4.91% 13.62% $22 800 590 095 DOGE 7 days price change
12 Avalanche (AVAX) AVAX Avalanche predictions 63.6% 76 $90.03 -2.50% 1.10% $21 999 747 677 AVAX 7 days price change
13 Polygon (MATIC) MATIC Polygon predictions 71.6% 54 $2.40 2.86% 13.87% $17 560 566 970 MATIC 7 days price change
14 SHIBA INU (SHIB) SHIB SHIBA INU predictions 70% 59 $0.000029 -3.15% 3.87% $16 190 359 531 SHIB 7 days price change
15 Binance USD (BUSD) BUSD Binance USD predictions 94% 1 $1.000887 -0.02% -0.04% $14 460 011 930 BUSD 7 days price change

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