COINOLIX EXCHANGE - with world-class trading facilities

WHAT IS COINOLIX EXCHANGE?

In today's market there are two types of exchanges, fiat currency based exchange and pure cryptocurrency based exchange which this article will only focus on pure cryptocurrency exchange.

Coinolix Exchange is a cryptocurrency trading platform. Coinolix Exchange has proven to be one of the most advanced and reliable platforms for crypto currency trading platforms with a high level of security. One of the safest, fastest and most powerful platforms today. It performs, establishes all the basics and relationships to focus on the Coinolix Exchange as a means to open markets for adoption and integration for emerging markets. In addition, all trading fees will be paid using the CLX token.

The trading and investing in crypt currencies, over the past few years have proven that it can be very profitable enterprise which there are various types of crypto-exchange platforms that provide characteristics that are traditionally associated with major world markets. Despite the numerous platforms and even the technologies they apply, these exchange platforms have been able to convincingly answer the issue bothering exchange platform users. The development of technology and the digital ecosystem has evolved the need for emerging cryptography and at the same time there is a lot of thefts in the absence of strong security, architectural issues are there, liquidity, language barrier , poor customer support and banking are hurdles.

The birth of Coinolix Exchange will be proffer solutions to the prevailing crypto exchange listed above. Coinolix platform will employ some techniques, such as two-factor authentication, encryption and backup, Exchange audit, etc. to ensure a concrete security solution. Here at Coinolix Exchange the platform of the issue of poor customer support, language barrier, and every other challenge will be properly dealt with.

Architecture

Commercial frameworks should be designed from the earliest stage with safety, effectiveness, speed and adaptability as a top priority.

Many exchanges often choose the easiest way to deal with the implementation of the framework. While this may work admirably to begin with, as the activity unfolds, the framework will not be ready to deal with the expanded load of the network. This frequently slows down the underlying progress of the exchange, although it is basic to long-term achievement.

Liquidity

Since the business of cryptography is so new, it is not exactly reaching liquidity. Having an unsound order book implies a high slip when trading cryptocurrency, which is exceptionally expensive for merchants.

Security of the platform

Almost all the cryptocurrencies are immutable and there is no way to change them once the transactions are carried out because these exchanges refuse to take responsibility for the transactions. There are several exchanges that were canceled because they were hacked.

There are advances propelled that the exchanges would benefit with respect to the recognition of the hacking attempt. However, these advances are expensive, to the point that exchanges have no possibility of being admitted, which means that they are subject to almost any programmer with sufficient knowledge. how to circumvent your security frameworks

Poor customer service

Merchants are a different breed when it comes to users. Understanding the problem of users is vital to carry out a successful exchange. At the point where the exchange demonstrations in a way that undermines the merchant's confidence would be unacceptable, resulting in a tone of user complaints.

Language support

The cryptocurrency market has no borders, most exchanges are concentrated only in one dialect or one nation and this results in poor support for this international market.

Bank obstacles

Banks are further obstructing an unlimited commercial selection of exchanges, due to the extremely volatile condition of the cryptocurrency market. Banks put themselves on the defensive when it comes to verification and background checks of users.

BENEFIT FOR TOKEN SALE PARTICIPANT

Token holders can use CLX token to pay almost all type of fees including, trading fee, withdrawal fee, listing fees. CLX token holders benefits from buy back and burn program that reduces total supply of the tokens.