Who is the founder of BinaryX coin?

The team behind BinaryX, a groundbreaking decentralized derivatives platform, comprises experienced blockchain developers and financial professionals led by CEO Benny Giang.

Nov 16, 2024 at 08:16 pm

Who is the Founder of BinaryX Coin?

BinaryX is a decentralized derivatives trading platform that allows users to trade perpetual contracts on a variety of cryptocurrencies. The platform was founded in 2020 by a team of experienced blockchain developers and financial professionals. The platform has quickly gained popularity, and it is now one of the largest decentralized derivatives exchanges in the world.

The Origin of BinaryX

The idea for BinaryX was born out of the team's frustration with the existing derivatives markets. They felt that the markets were too centralized, opaque, and expensive. They wanted to create a platform that would be more transparent, efficient, and accessible.

The team spent several months developing the BinaryX platform. They worked to create a platform that was user-friendly, secure, and scalable. They also developed a unique matching engine that allows for fast and efficient order execution.

In 2020, the team launched the BinaryX platform. The platform quickly gained popularity, and it is now one of the largest decentralized derivatives exchanges in the world. The platform has been praised for its user-friendly interface, its security, and its efficiency.

Who are the Founders of BinaryX?

The BinaryX platform was founded by a team of experienced blockchain developers and financial professionals. The team includes:

• Benny Giang, CEO and Co-Founder: Benny is a serial entrepreneur with over 10 years of experience in the blockchain industry. He is the former CEO of Bincentive, a leading blockchain investment platform.
• Hoc Nguyen, CTO and Co-Founder: Hoc is a passionate blockchain developer with over 5 years of experience in the industry. He is the former lead developer of Kyber Network, a leading decentralized exchange.
• **Chu Han, COO and Co-Founder: Chu is a fintech veteran with over 15 years of experience in the industry. He is the former COO of VPBank, one of the largest banks in Vietnam.

What is the vision of BinaryX?

The vision of BinaryX is to create a more transparent, efficient, and accessible derivatives market. The team believes that the current derivatives markets are too centralized, opaque, and expensive. They want to create a platform that will be more open and fair, and which will allow users to trade more efficiently and cheaply.

The team is working to achieve this vision by developing a number of features for the BinaryX platform. These features include:

• A decentralized matching engine: The matching engine is the core of the BinaryX platform. It is responsible for matching buy and sell orders and executing trades. The BinaryX matching engine is decentralized, which means that it is not controlled by any single entity. This makes it more resistant to censorship and manipulation.
• A user-friendly interface: The BinaryX platform is designed to be user-friendly. The interface is simple and intuitive, and it is easy to use, even for beginners.
• A variety of trading products: The BinaryX platform offers a variety of trading products, including perpetual contracts, futures contracts, and options contracts. This allows users to trade a wide range of assets, including cryptocurrencies, commodities, and forex.

Conclusion

BinaryX is a decentralized derivatives trading platform that is designed to be more transparent, efficient, and accessible than the existing derivatives markets. The platform was founded by a team of experienced blockchain developers and financial professionals, and it is one of the largest decentralized derivatives exchanges in the world. The BinaryX team is working to achieve their vision by developing a number of features for the platform, including a decentralized matching engine, a user-friendly interface, and a variety of trading products.