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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 56.8% 93 $19 241.67 -5.61% -9.67% $367 181 795 784 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 58.4% 92 $1 059.15 -3.18% -13.28% $128 553 316 172 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 93.2% 1 $0.998955 0% -0.04% $66 163 024 576 USDT 7 days price change
4 USD Coin (USDC) USDC USD Coin predictions 93.2% 1 $1.000391 -0.02% 0.04% $55 824 445 752 USDC 7 days price change
5 Binance Coin (BNB) BNB Binance Coin predictions 60.8% 83 $215.34 -4.45% -10.63% $35 160 747 810 BNB 7 days price change
6 Binance USD (BUSD) BUSD Binance USD predictions 91.6% 1 $1.000088 0.10% 0.04% $17 548 760 052 BUSD 7 days price change
7 Cardano (ADA) ADA Cardano predictions 61.6% 77 $0.450635 -3.60% -10.37% $15 210 103 811 ADA 7 days price change
8 XRP (XRP) XRP XRP predictions 66.4% 69 $0.312867 -5.44% -15.56% $15 124 962 063 XRP 7 days price change
9 Solana (SOL) SOL Solana predictions 66% 76 $32.75 -6.27% -22.31% $11 242 411 042 SOL 7 days price change
10 Dogecoin (DOGE) DOGE Dogecoin predictions 65.6% 71 $0.067391 -0.30% -0.20% $8 940 786 353 DOGE 7 days price change
11 Dai (DAI) DAI Dai predictions 93.6% 1 $0.999784 -0.09% -0.03% $6 859 368 442 DAI 7 days price change
12 Polkadot (DOT) DOT Polkadot predictions 68.4% 67 $6.72 -5.60% -18.62% $6 637 336 409 DOT 7 days price change
13 TRON (TRX) TRX TRON predictions 58.8% 88 $0.065207 -0.60% -1.36% $6 030 956 222 TRX 7 days price change
14 UNUS SED LEO (LEO) LEO UNUS SED LEO predictions 69.6% 60 $5.77 -0.04% -1.82% $5 499 921 297 LEO 7 days price change
15 SHIBA INU (SHIB) SHIB SHIBA INU predictions 66.8% 66 $0.000010 -3.90% -8.85% $5 489 974 219 SHIB 7 days price change

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