The cryptocurrency world has experienced an enormous and explosive growth. The existing cryptocurrency exchanges are unable to keep up with the demand. There are numerous cryptocurrency traders in the world buying and selling coins than ever before. The increasing number of new customers’ registration reached to the point where cryptocurrency exchanges were unable to manage new user sign ups in 2017. This makes the customers wait days on end for their accounts to be approved which made it difficult, time consuming, and ultimately frustrating for customers to get any kind of responsive support. There are no crypto exchanges that have the capability to keep the customers’ funds safe and secure.
The problems that cryptocurrency exchanges face are:
- Security - Due to lack of security, there are many cases of cryptocurrency exchanges being hacked
- Liquidity – There is not sufficient liquidity in the cryptocurrency market, thus it cannot handle large orders without changing the value associated with the currency involved.
- High Trading Fees - Many cryptocurrency exchanges ask for a transactional fee between 0.25% to .3% when processing any transaction.
- Support - The problems with the customer support teams are something that most individuals with a cryptocurrency exchange account have experienced on various platforms. Continuous communication is an essential role to play when solving a problem, and it is difficult to do so when one side (the customer support side) is absent for a long period of time or too busy to handle the request.
Solution offered
Crypto Circle Exchange, powered by cutting edge technology, is the most advanced and secure cryptocurrency exchange. The platform is capable of over 10 million transactions per second.
The process is simple. The platform's registration system sends verification codes to customers via email and SMS to ensure that only genuine and validated users are permitted to sign up and use the service. This helps deter suspicious activity, such as fake users registering. The Know Your Customer (KYC) verification service checks the identity details of the customer quickly, safely and securely. This ensures that vital information is never at risk of theft. The platform has a built-in Anti-Money Laundering (AML) algorithm that monitors real-time risk and scoring through a machine learning program that notifies admins of any sign of misappropriation.
CloudFlare protection is used to protect against DDoS (Denial of Service) attacks. It removes the need to sacrifice performance for security. Instead of decreasing performance, it’s security features increase application performance. For a more secure customer authentication login, two-factor authentication with Google Authenticator is offered. It makes the attackers' life harder and reduces fraud risks. The platform has the capability to support 1,800 plus cryptocurrencies.
ICO information and team
The Private Sale begins from 13th August 2018 and ends on 17th September 2018. The Pre-Sale begins on 17th September 2018 and ends on 22nd October 2018. The Crowd Sale begins on 22nd October 2018 and ends on 26th November 2018. The funds will be spent on development (45%), operations (30%), marketing and PR (15%) and legal (10%). The team working on the project comprises of individuals who are experts in the fields of Blockchain, sales, marketing and engineering.
Conclusion
Crypto Circle Exchange is an incredible cryptocurrency and Blockchain asset exchange. It is focused on speed, safety, scalability, and customer support. The platform has issued its own token called the Crypto Circle Exchange Coin, with CCX as the symbol. The platform will revolutionize the cryptocurrency market.
For more details visit
Website: https://cryptocirclex.com/
Whitepaper: https://cryptocirclex.com/whitepaper.pdf
Published by: Poojajur
Btalk Profile: https://bitcointalk.org/index.php?action=profile;u=1217469