Cryptocurrency exchange BTCNEXT has announced the listing of Titan coin. Thus, the platform responded to the users’ desires and demands for tokens backed by real commodities. By relying on blockchain technology, the Titan project seeks to allow a transparent record of complicated transactions, track items, and, of course, reduce fraud, exactly what the commodity business still lacks.
“We have seen plenty of cases where the employment of decentralized ledger technology has completely changed the way that business is conducted and organized in both space and place. There is no doubt in our minds that blockchain solutions will improve transparency in the supply chain especially by allowing all the parties involved to verify ownership of the asset and check their origin. Therefore, we truly believe that it will subsequently increase commodity market efficiency and liquidity.”
About BTCNEXT exchange
BTCNEXT is a cryptocurrency trading platform, loaded with a number of sophisticated features, such as intuitive design, quick funding options and a huge variety of digital currencies. Users will also have access to the wallet, escrow and the rest of accompanying services. In particular, the platforms include SPOT Trading, Margin Trading, OTC Trading, IEO Launchpad, sophisticated trading instruments, together with a call center. Thanks to an easy-to-use interface, both beginners and experienced traders will find BTCNEXT exchange a perfect fit for all of their needs.
Its security and reliability are guaranteed by more than 300 security measures, security risk control measures and strategies that seek to provide the same level of security as national banks. All the users have access to 24/7 customer support, where BTCNEXT team will do their best in solving any questions or problems. Keep in mind that no additional fees will be charged for that. BTCNEXT exchange charges just 0.010 as a trading fee. VIP customers (deposits for >$50K) will have access to bonuses for deposit/withdrawals for the first half year.
BTCNEXT team is currently working on launching the gateways for fiat deposit and withdrawal. The exchange is also seeking to assure full compliance with all laws and regulations in countries of operation, but due to the high cost, American and Chinese citizens should be aware of the possible risks.
Titan Coin introduction
Titan Coin is a new token linked to the price of 1 kilogram of ilmenite concentrate. Ilmenite concentrate is the valuable ore used in the production of titanium and all its derivatives.
However, over time, the list of supported tokens will include coins backed by metals, raw materials, and other commodities. Real economy companies will be able to utilize the sales model of Titan Coin in order to bring their tokens to a larger community of investors ready to buy coins backed by real commodities.
The main objective is still the creation of a hi-tech mining and processing enterprise based on the industrial platform. It will include all the necessary infrastructure for the production of titanium group products and other valuable products.
Project’s history
Titan Coin PRE-ICO ran through 03.11.2017 to 04.12.2017. As a result, the project managed to raise over 780 000 US dollars. 5 696 192 tokens were sold (5.70% of total supply). As of early January 2018, the value of PRE-ICO investments exceeded 3 million US dollars. The beneficial market conditions, the popularity of ICO projects as well as the novelty of the token backed by real assets have all contributed to the successful fundraising campaign
BTCNEXT exchange is a cryptocurrency trading platform designed for the beginner and delivered by experts. 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.
