What is Hashflow (HFT)?
Hashflow is an interoperable DEX designed to deliver zero slippage and MEV-protected trades. With commission-free trades and price quotes executed at their displayed prices, it offers seamless cross-chain trading without the use of bridges or synthetic assets.
How does Hashflow work?Hashflow offers a seamless way for users to exchange assets across multiple chains without the need for external bridges. The platform offers protection from both slippage and miner extractable value (MEV) exploits during trades, regardless of whether they take place on one chain or multiple chains.
The platform utilizes a hybrid on-chain/off-chain Request for Quote (RFQ) engine that fetches off-chain quotes from market makers who manage liquidity in on-chain pools. The quotes are cryptographically signed by market makers and remain unchanged for the duration of the trade, ensuring guaranteed prices that cannot be manipulated by MEV bots.
Hashflow also protects users from slippage caused by cross-chain MEV that can occur if there is significant price movement between the time the transaction is validated on the source chain and the payload is transmitted to the destination chain.
What is the HFT token?HFT is the official token of both the Hashflow protocol and the Hashverse, which is a gamified governance platform for Hashflow. By staking HFT, users can gain access to various features within the Hashflow ecosystem.
Buying Hashflow on Binance vs BingX
Trading FeesCryptocurrency trading takes place on exchanges similar to stock exchanges, but only for cryptocurrencies. Exchanges usually have a tiered fee structure based on a user's 30-day trading volume. Understanding these fees is crucial for maximizing profits.
Exchange fees for cryptocurrency can vary greatly between platforms. Some charge a flat fee for all trades, others a percentage of the trade amount, and some offer discounts for memberships or large volumes.
Binance imposes a 0.1% maker fee and 0.1% taker fee for most trades, with discounts available for BNB holders or high-volume traders. BingX charges a 0.075% maker fee and 0.075% taker fee for most trades.
See the table below for a summary:
| Exchange/ Fees | Binance | BingX |
| Maker Fee | 0.1% | 0.075% |
| Taker Fee | 0.1% | 0.075% |
Please keep in mind that fees are subject to change and to check the current fee schedule of the exchange you plan to use.
Services and Features OfferedBinance offers a versatile trading experience with options to trade from desktop, smartphones, or iPads and strong security measures to protect users' assets and information. It is not available in the US but has a partnership with Binance.US for American investors.
BingX, on the other hand, is a global financial institution with services in North America, Canada, EU, Hong Kong, and Taiwan. It offers financial services like lending, borrowing, staking, and crypto trading, with features like referral program, trading competition, and copy trading. The copy trading feature allows users who want to buy Hashflow (HFT) on BingX to follow the trades of experienced traders to maximize profits passively.
Both Binance and BingX differ in services and features, and the best choice will depend on the user's needs and preferences. It's crucial to thoroughly research both platforms and consult with financial advisors before making any investment decisions.