On October 17, 2018, MBT opened with 0.000093ETH, and then steadily rose to around 0.000333ETH, an increase of 300%. The users participated in trading mining exceeded 25,000 and the maximum trading volume of platform in 24H have reached 170+ million USD. MineBit will form a three-pronged market trend with upbit and bithumb in the Korean market.
It is reported that MineBit has had a bonus of 600BTC to each of its community triers until Octorber 25th, totaling 4 BTC per million MBT. MineBit mining has got into its stride, and the first deal with daily MBT releases reaching 4 million will last for 30 days. It earns 80% money from the transaction fees. At the same time, MineBit has started a revenue doubling program--inviting friends--for each experimenter to get an additional 30% of the invitee's mining revenue. That means the more invitations, the more extra revenues.
MineBit has impressed the digital asset trading market in South Korea with the following enviable achievements. The current number of MineBit users in Kakao, facebook and other platforms is known to have reached 10,000; the minebit.com website has more than 50,000, registered users; the 24H trading volume briefly hit 170 million US dollars; up to 40 BTC daily earnings remain to be distributed; over 20,000 miners have participated in trading.
As a community-sharing digital asset trading platform based on the Korean blockchain market, MineBit resorts to innovative decentralized governance and revenue-sharing mechanisms, providing access to block chain industry for each blockchain believer, Bitcoin enthusiast and ordinary investor. That is how we can do to build an exchange ecosystem which is governed and shared by the community. The MineBit will explore and nurture the most promising and valuable blockchain projects to shape a positively incentive ecological climate while giving the platform discourse power to the community.
While reconstructing the benefit-based relationship between the platform and users, MineBit will gradually roll out locked position, contract trading, ETF funds, quantitative funds and other digital asset derivatives to provide investors who have different risk preferences with diverse categories of expected returns.
"The community-sharing development model raised by us is based on the in-depth study of traditional centralized exchanges and decentralized ones. We firmly believe that only when making all decisions for the common interest of the community and adhering to a user-friendly development model are highly valued can we have our place in the platform,”said Alex Zhang, founder of MineBit.
Mining has hit the hot buttons in the current digital asset trading platform. It remains to be seen whether MineBit, which has attracted much market attention and has been widely acclaimed by insiders, can break the pattern of digital asset trading in South Korea.
The vision what MineBit embraces is "The economic growth gains of the community should be shared by everyone."