BBOD Analysis: A Non-Custodial, High-speed Cryptocurrency Trading Network

in #blockchain5 years ago

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What is BBOD

Blockchain Derivatives board (BBOD) is a hybrid, semi-decentralized future trading platform for cryptocurrency, providing a fast-paced, real-time matching engine with a decentralized, secure, client-controlled blockchain settlement.

BBOD accepts deposits in the TrueUSD (TUSD) stable coin and offers futures trading on 16 TUSD cryptocurrencies, allowing one to trade a total of more than 100 different cryptocurrency contracts, both at increasing and declining cryptocurrency prices.

The hybrid model provides a hierarchical business network user experience while maintaining the security and privacy of a shared exchange.

Trading Products

Economic tools

  1. Deals with a permanent horizon — deals with no expiry date
  2. Deposit Mint: TUSD Deposit Money: 50x for liquid contract and 20x for our other contracts Purchase and sell futures contracts for 16 cryptocurrencies: Bitcoin, Ethereum, Ripple, EOS, NEO, Binanze, Litecoin, Stellar, Cardano, IOTA, Monero, NEM, ICON, Elastos, Decred, Digibyte, all contract vs. TUSD.

BBOD Characteristic

We sell more than 100 variants focused on sixteen common cryptocurrencies.
On 16 carefully selected TrueUSD (TUSD) cryptocurrencies, investors will have the chance to purchase and sell potential contracts. In comparison, over 100 swap options for potential contract pairs can be produced by our customers. For example, if Stellar is expected to weaken toward Cardano, a trader may go to Stellar / Cardano by selling the future Stellar / TUSD contract, and take a long time to buy a Cardano / TUSD contract.

Stable Money
The TrueUSD Stable cryptocurrency (TUSD) is the denomination of currency profits, losses, account balances, and margin requirements. This special role reduces the major currency hazard characteristic for cryptocurrencies with very high volatility, such as Bitcoin and Ethereum. For e.g., a trader could gain 30% on a Bitcoin future contract under unfavorable market conditions while losing 50% on a Bitcoin deposit.

Maximize the profit potential utilizing Leverage
For the most fluid contracts, BBOD provides up to 50% leverage and for other contracts a 20x leverage. For example, if the trader deposits TUSD 100, he can easily use Leverage to enter into business agreements worth a few thousand TUSD.

Speculation, long-term investment, and hedging
Short-term speculators would typically prefer to trade the lowest risk of permanent futures contracts. Our future default contracts, which are free of financing, would be favorable for hedgers and long-term shareholders (e.g., miners).

Items that are groundbreaking
We build other innovative goods in our roadmap. The ultimate objective is to provide trading services that meet the needs of the fast-growing population of cryptographs. We will introduce a further step forward, namely future contracts for indexes, inventories, commodities, and other sophisticated trading products tailor-made for trade traders.

BBD Token

BBD is a BBOD modified ERC-20 token. As with the BNB coin of Binance, when you use BBD to exchange in BBOD, you save significant funds on trading fees.

BBOD— a project driven by a community
At the core of our ideology is decentralization.
They are a fully autonomous organization; BBOD does not have a headquarters. We are fully committed to the principles of decentralization.
The employees are in close proximity to the clients in a number of countries around the world to support our consumers and teach them.

Connected worldwide
BBOD cooperates with leading and emerging blockchain projects and organizations worldwide. We are actively looking for innovative partner blockchain approaches.
Stay up to date on future developments in BBOD through our different social media platforms:

You can look here details of company

Website Link: https://bbod.io/
Twitter Link: https://twitter.com/BBODTrading
Telegram: https://t.me/BBODCommunity
Ethereum wallet : 0x51279578800eb4886094450FC8A24d9cC7C151b9
Bitcointalk Profile link: https://bitcointalk.org/index.php?action=profile;u=2286289
Linkedin: https://www.linkedin.com/company/bbod
Whitepaper Link: https://bbod.io/static/BBOD%20(BBD%20token)%20Whitepaper%20-fdd1ea02f2f8d007fac75d9b369d3962.pdf
Bitcointalk User Account: TradeBargains072
Facebook page Link: https://www.facebook.com/BBODTrading
Telegram User Account: @MDALMAMUN