What is Hashflow (HFT)?

Hashflow is a decentralized exchange designed to provide smooth interoperability and

eliminate the effects of slippage and MEV on trades. The platform operates without trading

fees and ensures that all prices displayed are executed as stated. It also enables native

cross-chain trading, eliminating the need for intermediaries like bridges or synthetic assets,

and guaranteeing accurate price execution during multi-chain trades.

How does Hashflow work?

Hashflow offers a seamless and secure way to exchange assets across blockchain networks

without the need for token bridges. The platform provides protection against slippage and

miner extractable value (MEV) exploits in all trades, whether they take place on one chain or

across multiple chains.

Hashflow uses a combination of on-chain and off-chain Request for Quote (RFQ) engines to

access quotes from market makers who manage liquidity in on-chain pools. Market makers

are required to cryptographically sign quotes, which remain constant throughout each trade,

ensuring that users receive guaranteed, tamper-proof prices.

In addition, Hashflow protects against slippage caused by cross-chain MEV by ensuring that

prices remain consistent from the time a transaction is validated on the source chain to when

it is relayed to the destination chain.

What is the HFT token?

HFT is the designated cryptocurrency for the Hashflow protocol and its gamified governance

platform, the Hashverse. Staking HFT provides users with access to unique perks and

benefits within the Hashflow ecosystem.

Buying Hashflow on Kraken vs BingX

Trading Fees

Cryptocurrency trading is done on exchanges that are similar to stock exchanges, but

exclusively for cryptocurrencies. Exchanges typically have tiered fee structures that depend

on a trader's 30-day trading volume, so it is important to understand these fees to maximize


Fees for cryptocurrency trading on exchanges can differ greatly among platforms. Some

exchanges have a flat fee for all trades, while others charge a percentage of the trade

amount, and some even offer discounts for memberships or high trading volumes.

Kraken has a maker fee of 0.16% and a taker fee of 0.26% for most trades, with discounts

offered for holders of the exchange's native token (XBT) or those who trade in high volumes.

BingX, on the other hand, charges a maker fee and a taker fee of 0.075% for most trades.

Fee comparison table:

Fees are subject to change, so it's important to check the current fee schedule before trading

on an exchange.

Services and Features Offered

Kraken and BingX both offer services for buying cryptocurrencies, with Kraken focusing on a

low trading fee and BingX offering a range of financial services.

Kraken has a trading volume of over 1 billion USD and supports the exchange of 49

cryptocurrencies with a lower fee of 0.26% compared to Coinbase's 3.66%. Despite this, it

has faced criticism for slower customer support and market pin issues. Negative reviews

often stem from its required account verification to comply with US laws. Designed for

traders without experience, Kraken offers a maximum leverage of 5X for margin trading.

BingX, on the other hand, is an international digital financial institution operating in countries

like North America, Canada, the EU, Hong Kong, and Taiwan. It offers financial services like

lending, borrowing, staking, and buying and selling of cryptocurrencies. It also has a referral

program, trading competition, and copy trading feature to help new or time-strapped users.

In conclusion, the best option between Kraken and BingX depends on the user's specific

needs and preferences, and it's essential to research both platforms thoroughly and seek

advice from financial advisors before making investment decisions.