When it comes to cryptocurrency exchanges available, people have a wide variety to choose from! Finding the right one that suits your needs might be harder than you think. It’s funny how in a decentralised world the majority of the exchanges are centralised. DEX-es or decentralised exchanges exist but they are far too much of a hassle for the average consumer, and the technology is not there yet.
That being said, your safest bet remains the proper exchanges that use anti-fraud measures and make the safety of their customers’ funds their utmost priority As crypto is still a budding asset class, there’s no saying what another MT Gox hack might do to the industry. CryptoCircleX might be the next-gen exchange you need!
CryptoCircleX: Possibly the Most Ambitious Crypto Exchange Project on the Market!
Using an advanced core algorithm, CryptoCircleX can throughput well over 10 million transactions at stable latency giving their customers also the ability to use auto-trading mechanisms and professional-grade charting tools. The usual exchange only offers a few specialised services, and if you would like to use a trading bot, you would have to contract a third party to do so. The CryptoCircleX ecosystem encompasses a wide array of crypto-related services so it will become a one-stop shop for all of its future customers. Here are some of the critical features of the exchange:
- Hash Encrypted passwords and sensitive data using AES 256
- CloudFlare DDoS protection services
- 2FA security check enabled
- An offline multi-sig vault that safeguards all of the tokens
- Fully GDPR compliant data collection processes
- Real-time market surveillance mechanisms
- Anti Market-Manipulation systems
- AI-enabled governance systems
- Scalable and sustainable economic model
How can such an advanced trading platform sustain itself?
The primary income of the exchange will be the flat trading fee of 0.2% per transaction; then there will also be a flat withdrawal fee to incentivise the trading on the CryptoCircleX platform. Projects that wish to list their token on the exchange will also pay a fee after their project has been carefully analysed to meet the exchange’s requirements. The auto-trading systems will also generate income for the exchange as they will continuously be updated and improved based on the current market sentiment and overall trend.
The platform will also feature its cryptocurrency in the form of CCX tokens. Based on the ERC20 architecture, CCX will run on the ETH blockchain leveraging the full extent of the Smart Contracts feature. The total number of tokens is 300 million with 223 out of these, up for sale. Users who decide to invest in the current Private Sale period will get a 15% bonus for their entire purchase. You would have to hurry though as the Private sale ends on the 17th of September! One of the core features of a good exchange would have to be the safety of their customers’ funds, CryptoCircleX has taken extensive measures to ensure this quality at it’s highest standards!
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