With the emergence of crypto currency, the perception and use ofexchange items (legal tenders) has experienced a paradigm shift. Ithas changed the way we handle our financial commitments. Cryptocurrency unlike the regular fiat currency has established its potentialin making transactions likely unlimited, by operating a decentralizedsystem, which removes the barrier of border in making purchasesand or settling daily financial commitments.
For the crypto currency to be able to stand the test of time andensure uninterrupted administration which is secured and trusted, ithas to be backed by a strong mainframe. This symbolic mainframeis the blockchain. The blockchain technology is the power house ofthe crypto currency, just the mitochondrial is the power house ofany living cell. The blockchain ensures the smooth running of thecrypto currency system. The security and reliability of the cryptocurrency is fortified by the blockchain technology.
Over the last 8 years Bitcoin and other cryptocurrencies has by theirexistence and growing distribution been able prove many negativeforecasts, opinions and assessments regarding to their success. Theyshattered some of the myths about their insolvency, the lack ofprospects and the impossibility of changing global financialprocesses.
Over the above stated period of time many alternativecryptocurrencies has emerged. Many of them are personification ofcompletely different ideas and fundamentally new concepts ofeconomic relation. There is a gradual process for the officiallegitimization of the legal status for cryptocurrencies and theincorporation of digital transaction elements into the traditionaleconomic systems.
Cryptocurrencies has been able to draw mammoth audience to itsintriguing abilities and is still receiving much greater audiences withsheer interest daily and globally. This intrigued audience includesprofessional traders and investors as well as ordinary users. Sincethe emergence of Bitcoin, the crypto community has grown fromseveral thousand pioneer enthusiasts to several millions worldwide.Based on these and many other factors and assessments, it ispossible to come to a very concrete conclusion, which is, stayingaway from this lucrative market means to stand still or remainingstatic without seeing the prospect rather than be part of this dynamictrain and not lose the profit which is now on its maximum level bythe point of view of the market in the initial stage of growth.Onemay bother about the exchange processes of these digital currencies.
Well, currently there are two types of exchange platforms: They are,the centralizedand and the decentralized. However, Centralizedexchanges has a serious inhibiting feature which, is centralizationitself. The centralized system is exposed to risks by the followingimportant indicators:
• Security threats.• Unfair competition.• Danger of sanctions •Political risks etc.
But, the decentralized exchanges are immune to such threats and offer better user satisfaction. Aside the issues, with centralized and decentralized exchanges, some of the current crypto exchanges has lots of loop-holes and drawbacks, and they affect the growth, confidence, usability and patronizing by prospective users. Some of this drawbacks include
• Unsecured platforms,
• Poor market liquidity,
• Poor customer service,
• Slow smart contract confirmation time,
• Insecured platform, just to mention a few.
These problems are like canker worms sucking on their host and gradually killing them. Such phenomenon is not fit for an innovative feet as crypto currencies and exchanges.This problems motivated the intervention by Finatch Inc through their exquisite Finatch coin and exchange.
Finatch exchange runs a very smooth and user friendly decentralizedexchange platform. Finatch exchange is a huge decentralized trading exchange platform equipped with various sub-platform, trading tools and secure decentralized wallet. It would interest you to know that Finatch exchange has sub-platforms, which are rarely thefeasible in other exchanges, this unique feature changes the trading experience. The sub platforms include:
• Binary Platform.
• Finatch trading tools.
Finatch coin and crypto exchange has created an amazing, reliable and peaceful platform for crypto users.
For further information about Finatch project, check any of the links below:
WEBSITE: https://finatch.com/
TELEGRAM: https://t.me/finatch
WHITEPAPER: https://finatch.com/docs/Finatch%20Whitepaper.pdf
ANN TREAD: https://bitcointalk.org/index.php?topic=5082716.new#new
TWITTER: https://twitter.com/FinatchInc
Writer's Details
Bitcointalk Username: Cadito4545
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2514023;sa=summary