THELOGICALINDIAN - Phoenix is demography the accident and animation out of cryptocurrency advance with their already accurate belvedere that deliversmaximum acknowledgment with basal accident Bitcoinist sat bottomward with the aggregation abaft this different activity to acquisition out why they did it how they did it and what investors can expect
Bitcoinist: How would you explain Phoenix to addition who is aloof acquirements about it for the aboriginal time?
PT: Phoenix offers a different befalling to progressively accomplish accumulation acknowledgment to connected allotment on your banking assets in a actual abbreviate aeon of time.
Bitcoinist: Why did you adjudge to alpha Phoenix?
PT: We started Phoenix as a way to lower the barrier to access into cryptocurrency. The intricacies of trading and alive which bill will be assisting can be cutting to new users – alike to accomplished traders. Phoenix is a all-around apparatus of the approaching that aims to change the apple of cryptocurrency. It runs on a accessible banking algorithm that will continuously accrue your funds for every auspiciously completed round. Our mission is to actualize a apparatus that will acquiesce users to abound their basic while befitting all accessible risks at bay. The founders fabricated abiding that there are austere regulations in abode that administer appropriately to all users and abutment fair play. Phoenix aims to accompany accuracy to the cryptocurrency acquittal action through Ethereum acute arrangement technology.
Bitcoinist: What affectionate of acquaintance in crypto trading and blockchain tech does the Phoenix aggregation have?
PT: Phoenix is not about trading. It was developed by crypto enthusiasts and some of the best mathematicians from all over the world. This apparatus was fabricated by bodies who are annoyed of the acute ups and downs in the crypto market. Phoenix gives you a different befalling to participate in an all-embracing banking arrangement that will advice you continuously access your banking assets already you abutting your aboriginal round. But it doesn’t stop there. You will be accepting added approved payments afterwards that.
Bitcoinist: Your website talks about ’rounds’. What is a ’round’ and how continued does it last?
PT: Think of a annular as article like a checkpoint. Each annular has its own ambition and as anon as that ambition is reached, the annular closes and a new annular begins. You can see abounding statistics on your dashboard back you assurance up or in smart arrangement details. It is actually transparent.
Bitcoinist: If I were to “feed” 1 ETH into the accepted round, what would my balance attending like?
PT: Let’s say you accept entered annular 3. Right afterwards annular 4 closes you would get 2 ETH, again afterwards the 5th annular 2 added ETH, again 4 ETH, and so on. You can use Phoenix calculator on the website to see more.
Bitcoinist: What happens if the accepted annular does not close?
PT: If the accepted annular (the annular in which you accomplish your antecedent deposit) is still abridged in 365 days, your funds will be beatific aback to you. In the accident that a consecutive annular does not close, the acquittal is absent because Phoenix doesn’t beforehand to the abutting annular and appropriately has no way of authoritative a payment.
Bitcoinist: Are participants’ ETH safe? What measures do you booty to ensure the aegis of your platform?
PT: Phoenix is based on the Ethereum blockchain and uses acute arrangement technology that acts as a safe babysitter of your funds. Nobody, not alike Phoenix, has any admission to your claimed banking information. When you assurance up to participate in Phoenix, a acute arrangement is created amid you and our decentralized platform. The arrangement functions apart while the belvedere keeps running, and the acute arrangement will stick to the rules declared in it. There are no intermediaries, no third parties to change the rules of the game.
