About XCrypt
The XCrypt platform is establishing an end-to-end crypto-asset exchange ecosystem catering to every need of the crypto investor. Given that the exchange industry is highly competitive, any new exchange entering this space has to include features that make it stick out from the competition, and XCrypt does just that.
For starters, users of XCrypt enjoy 0% transaction fees for using the platform. The multi-language exchange is developed to operate on any device and has a highly intuitive interface.
Additionally, the platform has ensured legal compliance that goes a few steps further than the majority of existing exchanges and allows for the listing of a large variety of tokens, including securities, security token offerings (STOs) and ERC-20 and ERC-721 tokens. The STO marketplace is scheduled to be released during the fourth quarter of 2019 and XCrypt will also support a decentralized marketplace for crypto assets, which can be either based on the Ethereum blockchain or other blockchains that allow for assets to be built on top of it.
You can check out a demo of the MVP of the XCrypt exchange platform right here.
The XCrypt ecosystem is also geared to support both the traditional and digital financial systems by enabling both fiat and crypto transactions while being fully regulatory compliant. The platform has obtained an official license to support fiat-crypto and vice versa exchanges and to provide virtual currency wallet services, through Estonia services. Due to this license, users of the platform can be assured of both the legal compliance and security of their new cryptocurrency exchange.
Unfortunately, the existing cryptocurrency exchange industry is still haunted by security threats, with exchange hacks occurring on a near-weekly basis. In order to ensure that the XCrypt platform doesn’t run into these problems, it has adopted the highest security standards, which includes the CryptoCurrency Security Standard (CCSS) and multiple strategic partnerships.
To aid in the security of the exchange platform, XCrypt has partnered up with Stratus Cyber, a company specializing in cybersecurity solution for blockchain projects, and is in the finalizing stages of closing partnerships with Three Wallet, an innovative solution aiming to simplify cryptocurrency wallets and addresses, Ledger Vault, an established crypto-custody solution for the safekeeping of assets and Legacy Trust, an organization specialized in providing safekeeping, asset servicing and custodial services.
PROBLEMS BESETTING THE CRYPTO CURRENCY EXCHANGES
Just as there seem to be many CRYPTOCURRENCY exchanges, problems abound in them. These exchanges are not goal and vision oriented, most exists to reap off investors funds either via trading and transaction fees, a lot exchanges with security issues and threats. We have seen how hackers threaten exchanges and vamoose with investors funds. Another vital issue with these exchanges is TRUST and TRANSPARENCY issue. Exchanges launche and disappears to the space without any traces. This is currently with REGULUS exchange. A known centralised exchange which currently has exited scam and gone with investors funds. With all these prowling, investors are not sure as to which exchange to invest their funds or trade in... All thanks to the incredible innovations of XCRYPT exchange which has come as a game changer to ameliorate the prevailing issues with contemporary exchanges. In summary, let me enumerate these problems:
- Problem of Trust and Transparency.
- Problem of high charges for transactions. High trading fees
- Dead support system
- Slow kyc mechanisms and processes
- Security issues etc.
To all these problems above comes XCRYPT exchange to being the outstanding exchange platform with a high added value having the interests of the clients at heart. Xcrypt exchange is set to unleashing its anticipated Security Token Offering (STO) this is going to be a remarkable one in the history of crypto space,anticipate it!
Unique features
The XCrypt ecosystem will also include a debit card, both physical and virtual, that allows for storing and spending the most popular cryptocurrencies. This service is powered by the project’s deal with WirexApp, a company providing cryptocurrency payment solutions through its Wirex Visa card. XCrypt is also aiming to establish a future partnership with WirexApp to expand the debit card utility.
Additionally, XCrypt also introduces the innovative concept of Social Media Trading, which is an advanced investment solution that enables seasoned traders and investors to set up and manage joint funds in which other investors can buy into. SMT has rapidly been gaining popularity in recent years as it allows for elaborate tools for information and skill sharing, allowing more novice investors to select traders of their choosing and profit from the experience of these professionals. For more information on the Social Media Trading feature and the platform as a whole, check out the whitepaper.
XCrypt, a full-fledged hybrid crypto exchange platform, is gearing up for its highly anticipated token sale on the 24th of May. The platform is aspiring to be at the forefront of the fintech revolution by combining the traditional world of finance with the vast array of innovations made possible by blockchain technology.
The XCrypt platform is currently in its launch phase, which is good news for investors as the native token that powers the exchange ecosystem can still be purchased. For the token sale, the XCrypt team decided to take the Initial Exchange Offering route in collaboration with IDAX. With the platform’s support for cryptocurrencies, fiat currencies and securities and its impressive list of strategic partnerships, an integrated debit card, and innovative social media trading features, the XCrypt IEO is a token sale to get excited about.
Project Goals
Goal is to provide everything needed for crypto-profit under the same roof. All in a high secure and ultra performant ecosystem. top priority are users. Mission is to contribute to the development of the cryptocurrency community's security. They will develop the next generation ecosystem based on blockchain technology that offers all cryptocurrency related operations from: securing different blockchains through the mining process, trading and storing cryptocurrency, up to make the cryptocurrency available on traditional payment methods. This will help users save money and will protect them against fraud through the use of smart contracts.
IEO on IDAX
As for now, the XCrypt token sale is still in its private stage, however, once the private sale ends on the 24th of May, the token will be publicly for sale in the XCrypt Initial Exchange Offering (IEO) on IDAX. During the first phase of the IEO on IDAX, investors will receive a 20% bonus on their token purchase. XCT tokens for sale in the IEO can be bought with Ethereum.
The team has ensured that at every stage of the coming months, the platform is prepared and future-proof, with its XCT having already closed multiple post-token sale listing and over a dozen ICO projects preparing to launch on XCrypt. Add to that the 0% transaction fees on the platform, a variety of valuable utilities for the XCT token, a crypto-debit card, and Social Media Trading functionalities, and it becomes clear why this IEO is one to look forward to.
XCRYPT Hybrid Exchange
XCrypt is a hybrid, semi-decentralized exchange that provides a trustless, real-time, high-throughput trading experience in conjunction with a blockchain based settlement. By centrally managing trade matching and Ethereum transaction dispatch, xCrypt enables the users to trade continuously without waiting for transactions to mine, fill multiple orders at once, and cancel orders immediately without gas costs.
Token Details
Token Name: xCrypt
Token Ticker: XCT
Total Supply: 200,000,000
Token type: ERC-20 Token
Private Sale is Live on www.xcrypt.club
Token Value: 1 XCT = 0.10 USD
Bonus: %50
IEO on IDAX and BITFOREX
Token Value: 1 XCT = 1 USD
Soft cap: 7 Million USD
Hard cap: 75 Million USD
IDAX IEO Phase 1 Bonus: %20
IDAX IEO Phase 2 Bonus: NA
BITFOREX IEO Phase 2 Bonus: NA
Token Allocations
Funds Allocations
CONCLUSION
From the explanation above we can conclude that the ICO xCrypt (XCT) project is a very good and convincing project category, this is evident from the results of the Rating ICO score that has been obtained are all very good categories and this can be used as a place to invest from now for the future.
XCrypt Official Links
Website : www.xcrypt.club
Whitepaper : https://www.xcrypt.club/xCrypt-Whitepaper.pdf
Telegram : https://t.me/xCryptclub
Twitter : https://twitter.com/xcryptclub
Sales web : ico.xcrypt.club
XCrypt exchange : https://xcrypt.exchange/
Facebook : https://www.facebook.com/xcryptclub
Instagram : https://www.instagram.com/xcryptclub
Medium : https://medium.com/@xcryptclub
Bitcointalk : https://bitcointalk.org/index.php?topic=4993175.0
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