Ruby-x, has a quite innovative proposal; basing his concept on three fundamental breaches: Transparent, Extensible and Unbreakable. Below I will summarize some characteristics of each of these aspects.
Transparent: Because users will have the possibility to see the history of all their transactions in Real-time. The Top 5000 of the Token RBY currency holders will be awarded, to distribute 40% of the profits or 10% of the income every 3 months. A 5% of the profits from the Exchange will be saved with the purpose of generating a Risk Management Fund for a next trading platform with leverage
Extensible: It proposes a Multiplatform support, to adapt to the different important browsers (Chrome, Firefox, Safari, etc), It will have integration to a mobile App for the exchange. Social Trading can be done, given the possibility of "copying" for the user, the movements of experienced traders, through PAMM (percentage allocation money management).
Unbreakable: formed by a solid team, with members from large companies such as LG, Samsung, Hyundai, Banking and e-wallet companies. They also have the Amazon AWS service, and its elastic demand functionality, to guarantee access to Ruby-x even in the most congested market conditions
In order to have these benefits in Ruby-x, it is necessary to acquire the RBY token, whose price has started at U.S $ 0.22 in the pre-sale to the public that will take place from August 10 to September 17. Several weekly phases will have progressive increases in their price; until reaching the final value of the presale that will be U.S $ 0.44 per Token. When the Exchange Ruby-x starts operations, the value of the token would be U.S $ 0.5
In the first instance, when writing a review article for this exchange, I did not see a possible connection with the current situation in my country, Venezuela. But after thinking about it better, I came to a very personal reflection: The people from countries with serious economic issues like mine, may have an option to protect even though a fraction of their assets in RBY tokens, instead of having large amounts of a currency with a purchasing power that is losing at an accelerated rate. According to the calculations of the IMF itself, for the end of this year an accumulated inflation of 50,000% is estimated in my country (Yes, dear reader, you are reading, I´m a witness for the daily product raises). Under these circumstances, I think it makes more sense to "hold" the RBY token and receive percentages of the profits from the exchange that will ALWAYS have and as usual, thousands of transactions generating commissions. With the trust of the TRANSPARENCY of the fair numbers from the figures that the exchange handles, that assure a clean game for all the participants, and that suppose one of the fundamental pillars that proclaim the project.
Ruby-x has the support of Amazon. a company that reached this year the trillion dollars in market cap. And we must accept that currently has the best infrastructure available with commercial servers. Therefore, you can count on a much better stability than any exchange with their own servers. And I say this because totaling the entire crypto market, by the time I write this essay, it hardly reaches a quarter of Amazon's capitalization.
I also believe that it is very fair for the Ruby-x Team, that they establish from the beginning, the percentages of discount that the user will get for paying the commissions with the RBY token over the following years. Many Exchanges are not transparent and they change the percentages at their discretion and at their own convenience.
The considerations derived from this publication are the result of my particular research and do not pretend to be a financial advisor. Please, do your own research and feel free to elaborate your own opinion about it.
More information available:
Webpage: https://token.ruby-x.io
Facebook: https://www.facebook.com/rubyExchangeOfficial/
Twitter: https://twitter.com/RubyExchange
Telegram: https://t.me/rubyex
Author's Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2347091