INTRODUCTION
The cryptocurrency ecosystem is still in its early stages and current cryptocurrency exchange platforms are evolving gradually in the face of unprecedented demand.
Yet there remain significant problems in these centralized exchange platforms that need to be overcome in order to earn the trust of both seasoned traders and newcomers alike, who are willing to trade but are hindered by the Wild West attitude of many exchanges where “Enter at Your Own Peril” seems to be the motto which get many newbie afraid of trading.
Security on tokens, lack of analyst trading reports, poor customer service, fear of loss, and many other problems are holding back the true potential of this market. In order to overcome these hurdles, a cutting edge, secure cryptocurrency exchange platform is desperately needed which lead to the creation of the exceptional exchange that is called CHAOEX.
ChaoEX is a digital exchange that is based in China, with a wide variety of cryptographic tools of the globe provides low-cost operations in a wide range of digital currencies on the eastern side of the world.
FEATURES OF THE CHAOEX PLATFORM
Briefly discussed below are the good and unique features of this new platform, CHAOEX:
i. ChaoEX Fees: This I divided into two part as seen below;
ChaoEX Trading fees:
The one thing we can’t stress enough is that you must always ascertain the trading fees at any exchange you are interested in. ChaoEX does not charge different fees between takers and makers. Usually, you say that such exchanges’ trading fees are flat. ChaoEX offers a flat trading fee of 0.10%. ChaoEX does accordingly not care about whether you are a taker or a maker. For investors who prefer to pick-up existing orders from the order book, this might be an attractive trading fee model.
ChaoEX Withdrawal fees:
Many exchanges have competitive trading fees but then hit you on the way out with their withdrawal fees. Let’s say you have reached your investment goals and you are looking to buy house with bitcoin. In order to buy that house, you need to withdraw the funds. And when doing so, the exchange can make up for its low trading fees by charging you high withdrawal fees when you’re halfway out the door.
ChaoEX charges a withdrawal fee amounting to 0.50% when you withdraw cryptocurrencies. This is an unusual withdrawal fee model. Most exchanges have a fixed withdrawal fee, regardless of the size of the withdrawn amount. With the fee model that ChaoEX exchange has, when you withdraw small amounts, it is beneficial to you. If you withdraw 0.01 BTC, the withdrawal fee becomes 0.00005 BTC (extremely low).
ii. Deposit Methods:
ChaoEX does not accept any other deposit method than cryptocurrencies, so new crypto investors are actually restricted from trading at ChaoEX. If you don’t have any crypto but wants to start trading at ChaoEx, you will first have to purchase cryptocurrencies from another exchange first and then, as a second step, deposit them at ChaoEX.
iii. Safety Features:
ChaoEX deploys industry leading safety measures in order to keep traders funds safe.
ABOUT THE CHAOEX VERSION 3.0 IMPROVEMENTS
CHAOEX version 3.0 has full independent intellectual property rights and adopts the world's most advanced in-memory distributed matching engine, which greatly improves the system's matching performance. The 3.0 version of high availability and distributed scale-out ensure the consistency of data.
Through the optimization of the core matching system and the clearing system, in version 3.0,
the trading order can be matched with the optimal order in the database more quickly, and the scale-out server can increase the matching and clearing rate to one million TPS, significantly improving the user trading experience.
In conclusion, be rest assured, ChaoEX aims to cater to the casual trader who needs an easy to navigate platform. At the same time, ChaoEX will provide powered-up, cutting-edge features for professional traders who require the full range of earning more, decision making and fundamentals information at their fingertips.
Key in now into the ChaoEX Exchange project to trade top currencies in a unique and welcoming environment, discover promising new projects and ask or give advice in a community focused on creating a bright future for everyone! Become part of the ChaoEX community and be a ChaoEX token holder now that the price is still very cheap to afford for everyone.
For more information about the CHAOEX exchange platform and participation, kindly get connected with these links:
WEBSITE: http://www.chaoex.com/
FACEBOOK: https://www.facebook.com/ChaoExHK
TWITTER: https://twitter.com/ChaoExHK
TELEGRAM: https://t.me/HKchaoex
ANN THREAD: https://bitcointalk.org/index.php?topic=5068406.msg47857560#msg47857560
WRITER'S DETAILS
BitcoinTalk Username: cryptoblezin
BitcoinTalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2178561;sa=summary
ETH Address: 0xC89b8Dd7e3E137DB108575EeAe301E52b6C72d9F