Hello friends! In my previous post, I introduced Veraexchange- a new exchange for a comfortable and safe trading exchange. If you haven't read it, read this article to know what Veraexchange is. Well, to continue on this topic next, I will introduce some advantages of Veraexchange trading platform:
Security issue
Well, from the chart above, you have seen the most fundamental and common problem is security, and this is obvious, because the main hacks have been committed against any level of exchange. and the consequences of these hacks have not been removed. Users are always afraid of losing assets when they keep them in the wallet of the exchanges. VeraExchange will do everything possible to prevent any customer from losing any of their balance.
Their company conducted a study on security issues, taking into account all the attacks on exchanges that happened in the past and we found that the main vulnerabilities were identified. during transport API. API is used for algorithms and third party trading software, where it opens a set of connections, as a result - this connection is less protected, so the opportunity for a hack higher success.
Their group is very interested in platform security. This will positively affect the user's main concern: keep their wallet safe and it is guaranteed by the presence of highly qualified professionals in this field. Our security methods include secure server infrastructure, multiple tests for various intrusion of third-party software and servers, thus ensuring a high level of protection, as well. like compliance with all security standards.
Low transaction fee
One of the main issues related to commission withdrawals from stock exchanges, but it is less affected by users who keep their assets for a long time, because they rarely withdraw money. These problems face users with daily withdrawals. Such users represent the main part of exchange traders. In case the withdrawal amount may not be high, a significant portion of the amount may be charged to withdraw money.
There is also another type of trader who is affected by these nuisance who trade on some exchanges. And all that happens because there is no exchange can meet the needs of excess electronic money holders. Switching the token from one exchange to another makes you pay more and this more often happens, the more you spend. Their platform will save users' money by having a low fee, which will surely satisfy all
traders.
Transaction processing speed
The processing speed of the electronic money exchange platform plays the most important role in its operational value. These exchanges are built on weak IT infrastructure that cannot cope with increasing traffic on their websites, thus resulting in the platform's transactional speed being slowed down and eventually, things This may result in a complete shutdown. The tricky part is, it's simply impossible to assess the performance of any platform in a small volume of transactions, because it works stably.
The real problem has overcome when a lot of traffic to the site and the stability of the platform under great pressure. This leads to the transaction becoming idle and disappointing more traders, respectively, people lose the opportunity to trade in the current volatile market. With a large transaction queue, the platform tool will work best to deal with the appropriate workload and complete all transactions within the required time frames. VeraExchange can perform up to 1 million transactions per second.
To achieve these results, they use AWS infrastructure, including a combination of HPC, EC2, VPC, Lamda, DynamoDB, CloudFront, as well as Java and C ++ as an auxiliary and JS to display the interface.
In addition, there are many other advantages of the VeraExchange trading platform, you can learn through the links provided below:
Website: https://www.veraexchange.com/ICOVera.html
Whitepaper: https://www.veraexchange.com/files/whitepaper_v10.pdf
Twitter: https://twitter.com/exchange_vera?lang=en
Telegram: http://t.me/VEraExchange
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