NGKEX has multiple risk controls to protect user asset

BGV
3 min readApr 7, 2021

New thing often needs time to gain popularization. Three hundred years ago, people were concerned about stocks, and one hundred years ago, venture capital was still non-mainstream. However, a few decades ago, the technology share that even Buffett could not understand, and now tokens, led by Bitcoin, are slowly entering a more mainstream and broader public vision.

Since the second half of 2020, the price of Bitcoin has continued to rise, breaking new historical highs, allowing all sectors of society to appreciate the value and charm of “digital gold”. The accelerated entry of traditional financial institutions and technology giants has led the mainstream market to pay attention to the encrypted assets. The scale of the encrypted market has grown rapidly, while the structure of the industry and user groups is also quietly changing. The crypto market is facing a major transformation. Perhaps, crypto assets will also become a regular option in the investors’ investment strategies soon. During this process, the exchange platform has played a vital role, and the NGKEX is precisely such a platform.

NGKEX

When investors choosing a trading platform, they should not only consider the quality of products and services, but also the security, as it is the core element that bears the brunt. If the platform cannot ensure the safety of users’ funds, no matter how high the returns are, it is nothing. The security must be able to resist external risks and the evil within the ecology, such as malicious “control.”

In order to protect the security of users’ assets, NGKEX benchmarks the CME risk control mechanism, adopts multiple risk limits, a 100% transparent price limit mechanism, and develops a refined risk control management system. At the same time, it adopts the dual control of real-time index + compound calculation. The index price refers to the weighted values ​​of the three major BHO heads and several mainstream trading platforms such as Bitfinex. It is also “weighted” by all transaction prices once every 5 minutes. The transaction volume corresponding to each transaction price is used to calculate the “weighted median”, combined with the data of the main platform, reducing the amount difference, avoiding the possibility of malicious manipulation from the market, and providing investors with the most authentic and accurate data. With the powerful security mechanism and reliable underlying architecture of the NGKEX platform, it creates a professional, efficient, and safe investment scenario for investors.

NGKEX

With the development of the digital economy, the traditional market and the crypto market will become more closely connected. Both the industrial structure and market composition will usher in drastic changes, and the “professional and complex” barriers will gradually be broken. It is necessary to balance the development of the market and its development, and flexibly respond to the transformation of the crypto market. As a new force, the NGKEX has a more flexible room to play. Let us stay tuned to witness whether it can become a new generation of trend leader in the future.

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