Since Satoshi Nakamoto had released Blockchain and Bitcoin to the world, many blockchain projects and cryptocurrency have appeared, and many exchanges have also opened. But among the many exchanges, Nexybit is a more special exchange. It’s more challenging, innovative, and visionary.

1. Simultaneous Operation of Futures and Spot Exchange

Nexybit launched a futures exchange beta service in April 2018, and launched a spot exchange (token trading) beta service in June 2018. In the cryptocurrency world, an exchange that operates futures and spot exchanges at the same time are not common.

Steve, a CTO and co-founder of Nexybit, felt that cryptocurrency would open up a new paradigm since he watched people around the world trade in bitcoin on his Bitcoin trading site. He saw that the existing legal monetary-based economic system could be applied to the cryptocurrency world in the near future. He thought that it would not be limited to buying and selling coins, but would soon require services such as hedging and managing coins as assets. This is why he started Nexybit as a futures exchange. He hopes Nexybit will become a cryptocurrency asset management platform. The name ‘Nexy’, which derives from ‘Next currency’, is the best expression of his wishes.

2. Hybrid Exchanges Combining CEX and DEX

But Nexybit did not stop there, but went on to try new challenges. Han, CEO and co-founder of Nexybit, was attracted to the decentralization of the blockchain. However, most exchanges were based on a centralized server and simply provided a platform for trading coins. Even though blockchain came up with the idea of solving security and trading trust issues, CEX did not follow blockchain principles and operated conventionally.

Han followed the philosophy of blockchain and tried to solve the UX/UI problem that the existing DEX did not solve. He believed that the combination of DEX’s new technology and the stable CEX operation know-how accumulated by designing Nexybit’s futures and spot exchange would bring great synergy. That’s why the Nexybit team designed a hybrid exchange that combines CEX and DEX. With the development of Nexybit Hybrid exchange, Han wishes to become a decentralized technology provider and a financial contributor in the blockchain world.

3. Publishing Mine-type NXY Tokens

Most token publications are distributed to people through private sale or public sale. People who get this information benefit from tokens, but those who do not get the information are pushed out of those opportunities. Han has been wondering how its profits could be returned equally to all. The result of that is the Nexy Token.

“Get Paid to Trade!”

Nexy Token is an utility token that can be mined and used on Nexybit. It has been designed to provide liquidity to all trading pairs. Nexy tokens, designed in so that blockchain proof-of-work results in bitcoin compensation, are rewarded to users who provide liquidity through trading. Even if a trader does not know the information of a private or public sale, all traders are rewarded with their daily actions.