Trading while playing? This is what is being promised by the founders of a new cryptocurrency exchange that is now entering the Italian market. It is the Chinese BXB Exchange, founded about a year and a half ago in Shanghai.
“Investments are internal and are therefore made by our CEO with a small part by another investor. We have three offices: Manila, Hong Kong and Shanghai (Shanghai because of our CTO which is the former architect of the Shanghai Stock Exchange)”,
says Angelica Finatti, responsible for business development in the European markets.
BXB offers several products, both for novice and experienced traders: Coin-coin, stack trading, auto trading, futures, options and their own invention, which is based more on playing than on actual trading: tap trading.
It is a product with a simple interface reproducing the graph of prices on LFTBC, thus contracts on bitcoin. It is a gamified 100x leveraged trading that allows everyone, including less experienced or completely inexperienced traders to access the trading world and make profits in an easy and simple way.
“It’s one of our traders’ favourite products because it’s simple and fun,”
says Finatti. BX’s vision, in fact, is to allow all small and micro investors to participate in digital asset transactions and render the experience fairer and more convenient, while at the same time sharing the dividends generated by the growth of the platform.
The main goal is to introduce to trading even beginners who are approaching the market for the first time.
“Our charts are updated every second, instead of every minute like the other platforms, which means that our traders’ earning opportunities increase significantly”.
The IT technicians are constantly working to develop and implement algorithms that can transform complicated charts and diagrams into simple and meaningful functions.
“At BXB, we are not only committed to making trading accessible to the average user and small trader, but we have taken tangible steps to prevent professional and institutional traders from sharking through our product platforms,”
The team of BXB Exchange is made up of 60 people and it is constantly expanding. Age is a key factor. The CEO is 30 years old, the CMO 29 and the average age of employees is 28 years. The founder is Chinese like the company, and comes from the stock exchange world, having been one of the IT experts of the Shanghai Stock Exchange platform.
The company is starting its expansion and recently they have also started to focus on the Italian market, where they have recently entered into a partnership with Coinshare, an e-commerce platform, which uses blockchain for its community sharing economy.
The next steps will be the further development of the platform that already boasts several thousand members to challenge the giants of the industry such as Binance, focusing on their characteristic of making trading a sort of video game.
Making it easier for those who want to invest in a world that until now has been the domain for experts only.