Knowledge Base

Our free education platform will give you a clear understanding of blockchain, Web3, the metaverse, and other topics related to the crypto space, providing a solid foundation for beginners and experts alike.

Learn everything you need to know about cryptocurrency and blockchain technology. Fundamentals and advanced topics in our Knowledge Base.

Blockchain & Cryptocurrency Knowledge base

Explore crypto with HEXN Knowledge Base

Refresh the page to get the latest version of the application.

Application Updated

New code can be sent in {{seconds}}...
Didn't get the code? Please check spam folder.

We'll send you an email with the code to verify your email

Confirm your email

Please read the <0>Terms and Conditions</0> and <1>Data Privacy Policy</1> carefully and accept it for <2>{{email}}</2>

Legal & Privacy

We've sent an email with the code to confirm action for <0>{{email}}</0>

Verify your email

WARNING!

This site uses cookies to render services. By continuing using this site, you agree with the <0>use of cookies</0>.

Cookies

Unfortunately, the account has been blocked. Login to the account is not possible.

Currently we are not working with this bank.

Please wait until {{date, date(format: HH:mm)}} for the next attempt

We have temporarily disabled the deposits. For more details please contact our <0>Support Team</0>.

Deposits are disabled for your account. Please contact our Support Team.

You have exceeded current limit of {{currentLimit}} {{estimatedCurrency}}. Available amount is {{remainsLimitBeforeAction}} {{estimatedCurrency}} (equivalent). To proceed <0>pass $t(shared.common:verification.level.{{requiredLevel}})</0> or try again after {{nextPeriodStartsAt, date(format: D MMMM HH:mm)}}.

Disallowed according marketing campaign rules

Please try again later. If the problem persists, contact our Support Team.

You have exceeded the all time turnover limit of {{currentLimit}} {{estimatedCurrency}}. Available amount is {{remainsLimitBeforeAction}} {{estimatedCurrency}} (equivalent). Please contact support@hexn.io for more information.

To proceed you need to <0>pass $t(shared.common:verification.level.{{requiredVerificationLevel}})</0> first.

We have temporarily disabled the withdrawals. For more details please contact our <0>Support Team</0>.

You have exceeded current limit of {{currentLimit, number(minimumFractionDigits: 2)}} {{estimatedCurrency}}. Available amount is {{remainsLimitBeforeAction, number(minimumFractionDigits: 2)}} {{estimatedCurrency}} (equivalent). To proceed <0>pass $t(shared.common:verification.level.{{requiredLevel}})</0> or try again after {{nextPeriodStartsAt, date(format: D MMMM HH:mm)}}.

You have exceeded the daily turnover limit of {{limit}} USDT. Available amount is {{amount}} USDT (equivalent). To increase the limit you need to <0>pass Advanced Verification</0>

Frequently Asked Questions

Hodl

Wallet

Make your crypto holdings work with reliable and simple investing platform. Stable {{apy}} APY for early customers.

Crypto Asset Management Platform - Grow Your Wealth

Use your 2FA code generated by <0>Google Authenticator</0> for <1>{{email}}</1>

For security reasons, in order to proceed, please <0>enable two-factor authentication</0>

The page you requested does not exist, please try again.

Page not found

Turn on notifications to receive updates on your balance and savings status.

Stay tuned

Most of the features of this app may be unavailable until you come back online

You're offline...

Moonrider

Loans

Smart Exchange

Actions

To add fiat deposits and withdrawals, as well as buying crypto on fiat, you need to <0>Pass Advanced Verification</0>.

Before you get started you need to <0>Pass Basic Verification</0>. You will be able to deposit and withdraw cryptocurrency.

To proceed you need to <0>pass Full Verification</0> first.

Before you get started you need to <0>pass Basic Verification</0>. You will be able to deposit and withdraw cryptocurrency.

To proceed you need to <0>pass Basic Verification</0> first.

Board Broker System

Chicago Board Options Exchange (CBOE)

Master the language of investing with our comprehensive guide to essential terms. Start growing your wealth today with confidence. Join now!

Unlock the Power of Investing: Learn Essential Terms

Investing

Learn about the board broker system, which boosts liquidity and stability in commodities trading. Discover how it works, its example, and what's next.

What Is the Board Broker System and How Has It Evolved?

<p>The board broker system, akin to market-making in stock exchanges, boosts liquidity and stability in commodities trading. Automation has mostly replaced board brokers, with systems handling higher volumes at greater speeds. Board brokers manage specific commodities or options for exchanges, like the Chicago Board Options Exchange (CBOE).</p><h2>Basics</h2><p>The management of liquidity and order execution on commodity or options exchanges is handled by a board broker system. It involves assigning commodities or options to exchange members who act as market makers. Initially popular, most board broker systems are now replaced by fully automated systems.</p><h2>A Closer Look at the Board Broker System</h2><p>A board broker operates within commodities or options exchanges, overseeing specific trading activities to ensure seamless transactions. This mechanism, known as the board broker system, shares similarities with roles like specialists and market makers in exchanges such as NYSE and Nasdaq. The primary goal remains consistent: enhancing trading efficiency and reducing associated costs.</p><p>In contrast to NYSE's market makers who handle distinct securities, commodities exchange board brokers manage specific commodities. Their responsibilities encompass quoting prices, moderating market volatility, and determining opening and closing prices. The CBOE stands as a prominent instance, facilitating a diverse range of asset trading. However, as time advanced, automated trading platforms took precedence over the board broker system, ushering in a new era of trading dynamics.</p><h2>Board Broker System Example</h2><p>Let's illustrate board broker systems through an example involving XYZ Financial and ABC Commodities Exchange. In this system, XYZ takes charge of specific commodities, ensuring smooth trading for others. They step in when demand exceeds supply or vice versa, buying or selling to restore balance. Additionally, they set opening prices and lower transaction costs.</p><p>However, automation has reshaped commodities exchange. Traditional roles like XYZ's, centered around board broker functions, have been replaced by exchange-managed automated systems. This change has significantly altered how commodities markets operate.</p><h2>What's Next?</h2><p>The popularity of the board broker system has diminished in recent times. It gradually yielded to automated trade execution systems, which handle the board broker's tasks faster and in greater quantities. These computerized systems eliminate the need for human decisions, enabling swifter and higher-volume executions.</p><h2>Conclusion</h2><p>The board broker system was a crucial component of commodities trading, responsible for managing liquidity and maintaining order execution. While automated systems have largely replaced board brokers, the system's significance remains. The transition to automated trading has brought about new dynamics in commodities markets, with faster and higher-volume executions.</p><p>&nbsp;</p>