The past decade has witnessed an increase in the hunger for digital payments and a boom in the cashless movement. Blockchain based digital currencies, though far from being adopted by mainstream audiences, has managed to shake up the traditional financial system and revolutionize money as we know it.
These digital currencies have become a hot topic in daily media publications due to the large market capitalization and ever-increasing trading volumes in the cryptocurrency markets.
Cryptocurrency exchanges have become very busy places where buying and selling of cryptocurrencies are carried out nonstop at every second of a typical 24-hour day. Every day crypto exchanges are springing up to cater to the needs of hordes of investors and traders in the crypto space.
As much as crypto exchanges are a necessary tool for the buyers and sellers, it has been riddled with shortcomings and inefficiencies that make the mainstream audience skeptical to even enter into the crypto economy at all.
Most of these cryptocurrency exchanges are rushed projects that lack even the most basic security mechanisms to guarantee security of user funds making them easy prey for hack attacks and hijacking of digital assets.
Also, there are very few exchanges out there that simplify the purchase of cryptocurrencies with fiat and conversion of said crypto to fiat. Those that offer this service have ridiculously long wait periods for exchange completion and charge sky high fees for their services.
Xcoynz is a super flexible, feature-rich trading platform for fast sale and purchase of digital currencies, with a unique real-time crypto-fiat exchange feature and a state-of-the-art payment gateway that is guaranteed to be an instrument of massive mainstream adoption of cryptocurrencies into our daily lives.
The Xcoynz Exchange
To enjoy the plethora of exclusive services offered by the Xcoynz exchange, all a user has to do is to follow a set of easy steps for a successful sign up at https://xcoynz.com while setting up Two Factor Authentication (2FA) and providing all relevant personal details and valid government issued means of identification.
The Xcoynz exchange is modelled to appeal to both the newcomers and the skilled traders alike due to its extensive integration of user-friendly features.
The Xcoynz exchange possesses all basic functionality you expect to find in a cryptocurrency exchange, such as tracking cryptocurrencies, exchanging one crypto for another and buying crypto with fiat currency but extends this functionality by additionally making it stress free to convert cryptocurrencies to Fiat currency in a timely manner.
The Xcoynz exchange is also the first to run a mouth-watering offer that gives token holders the choice to decide what to pay for their exchange transactions and even decide to pay nothing at all if they so wish.
Nothing builds trust and keeps users coming back like incentives of loyalty rewards and Xcoynz features a loyalty scheme that rewards individual trade volume and frequency of activity on the platform. So, on the Xcoynz exchange, more trades equal more benefits.
Every user’s current balance of cryptocurrencies held on the Xcoynz exchange are all stored in their individual wallets. From these wallets, crypto can be withdrawn to their bank account and also to 3rd party bank accounts.
This is a distinguishing factor on its own as most exchanges don’t make provision for sending payments to 3 rd party accounts, but the Xcoynz exchange wields another powerful tool called the Smart Algorithm Wallet.
What is the Smart Algorithm Wallet?
The Smart Algorithm Wallet (SAW) is a comprehensive cryptocurrency wallet that utilizes complex algorithms that enable it transcend the basic features of a crypto wallet by utilizing Artificial Intelligence and Machine Learning algorithms. Artificial Intelligence and Machine Learning complex algorithms are able to analyze crypto market data, create patterns from data sets and predict future outcomes.
With the SAW you do not have to connect individual assets one by one before converting to fiat, as this is not practical when making real time payments, rather the SAW is the single point access to all of a user’s crypto assets that lets you exchange, transfer and pay for goods and services smartly and efficiently.
The SAW lets a user select the preferred crypto to be used as the primary mode of payment, this can also be changed when making a payment and a user decides to use a different crypto instead.
Many traders blame themselves for selling a crypto too early right before a pump or not selling fast enough before a dump, it’s a dilemma really because no amount of technical and fundamental analysis can shield us from the notorious volatility of the crypto market.
The SAW overcomes these human limitations by identifying market signals and patterns and then predicting when to hold or sell off a particular asset for maximum profitability. It also suggests the right assets to use in a payment to considerably reduce network fees and ensures you never sell any of your digital assets at a loss.
The XSwift service is also available for prompt bank deposits that are not riddled with unnecessary delays. It is also important to note that all fiat transactions carried out using the Xcoynz platform will require comprehensive bank verifications as the platform is extremely Know Your Customer and Anti-Money Laundering (KYC/AML) compliant.
The Payment Gateway
Digital currencies have numerous advantages over fiat currencies, the most prominent being the nearly zero cost and instantaneous transfer of funds between people that may not even be in the same continent with minimal effort.
Until we can use digital currencies in the same way we use other fiat currencies for making daily purchases on online stores, the benefits of cryptocurrency over fiat will never be real to the mainstream audience.
The Xcoynz platform sports a tested and trusted gateway for all fiat and cryptocurrency purchases with a scalable API that can be fully integrated into the merchant’s website that will empower businesses to expand their global customer base through the acceptance of payments in the cryptocurrencies of their choice.
Integrating the Xcoynz Payment Gateway API into a site begins with registering an account on the Xcoynz Platform and passing Business KYC/AML verifications after which the merchant can choose the preferred mode of payment either in fiat to a business bank account or in crypto delivered to their Xcoynz Business or SAW wallet.
Also, the users who want to pay merchants in crypto are required to pass basic KYC/AML procedures on their Xcoynz account, after which they can freely purchase goods and services from their individual crypto or SAW wallet balance.
The Xcoynz team has also hinted that e-commerce platforms will be provided with plugins free of charge, to further enable digital currency holders multiple avenues to spend them and facilitate global cashless Cryptocurrency payments.
More information about this revolutionary payment gateway can be found at : https://xcoynz.com/WhitePaper-Full.html
The Smart Card and the Prepay Card
The Xcoynz Smart Card has all the qualities of a regular debit card and is used to execute quick purchase and withdrawals that are debited to the user’s SAW wallet.
The Xcoynz Smart Prepay Card functions like a regular prepaid card where funds are credited from the user’s SAW wallet and used for instantaneous purchases as well as given out as a gift.
The Xcoynz Token Utility
The Xcoynz token (XCNZ) are the ERC20 compliant tokens that are the fuel of the Xcoynz ecosystem. They are used to access the XSwift withdrawal services and reduce exchange and payment gateway charges. They are also used for discounted transaction rates and speedy withdrawals.
TokenMetrics
Token Name: Xcoynz
Ticker Symbol: XCNZ
Total Supply: 1,250,000,000
Token Sale: Yes
Bonus available: Yes
Tokens to be Sold: 750,000,000
Soft Cap: $6,000,000
Hard Cap: $26,500,000
Roadmap
Meet The Team
In Conclusion
It’s been 10 years since the creation of Bitcoin and the world is already changing the way we interact with money. The Blockchain has been leveraged for the disruption of many industry sectors but we still have a long way to go in the establishment of the crypto financial ecosystem despite its many advantages.
Platforms like Xcoynz are the vehicles we need to bring about the global acceptance of Cryptocurrencies as a suitable mode of payment, thereby enlarging the crypto ecosystem with the influx of billions of the market capitalization of fiat currencies.
Xcoynz will also simplify the process of buying, trading and exchanging digital currencies to the point that even the newbies are no longer overwhelmed or skeptical about this emerging technology.
Get Social with the Xcoynz team
Website : https://xcoynz.com
Token Sale Website: https://tokens.xcoynz.io/en/referral/06409663226af2f3114485aa4e0a23b4
Whitepaper: https://xcoynz.com/WhitePaper-Full.html
Linkedin : https://www.linkedin.com/company/xcoynz/
Facebook: https://www.facebook.com/Xcoynz-2221813577868815/
Twitter: https://twitter.com/xcoynz
Github: https://github.com/xcoynz/
Instagram : https://www.instagram.com/xcoynz/
Medium: https://medium.com/@xcoynz
Telegram: https://t.me/XCOYNZ
Author's Bounty0x username : Cryptovixen192