PRELIMINARY
With the creation of the blockchain technology a vast number of cryptocurrencies has been launched, these coins or tokens creators face a lot of challenges with listing on exchanges. Centralized cryptocurrency exchange are those exchanges where buyers and sellers (traders) meet to exchange digital assets (vast range of cryptocurrencies) and FIAT (government issued currency). Most centralized exchanges charge exorbitant fees for listing, problem of low liquidity, users don’t get the best customer experience, and cases of frauds, hacks, and loss of funds deposited are reported on a daily basis.
Most exchanges that are not security conscious unknowingly gets hacked and users lost their pre deposited funds on the exchange due to this their inefficiencies. Without setting the right security parameters in place users gets phished when they try logging into their accounts. Accessing accounts, making deposits and withdrawals, transferring funds, trade executions consumes time of users in most exchanges and this can be frustrating when there is an urgent need, most times users lost profit due to such delays. KYC/AML (know your customer/anti-money laundering) procedures is a major issue, it takes months and sometimes months to get verified on most exchanges.
INTRODUCING FINATCH EXCHANGE
FINATCH EXCHANGE is a decentralized exchange whose core purpose is to provide users with good customer experience, this network it’s dedicated and committed to help eradicate challenges crypto lovers face in their day to day trading activities. FINATCH is a state of the art cryptocurrency network which is the first exchange to support security tokens. This is an exchange that believes in helping create a secure, transparent, reliable and compliant network for crypto lovers. Traditionally exchanges do not support security tokens only utility tokens but FINATCH will provide users with an experience that is beyond trading. They are dedicated to enhance user experience and create fast trading experience for users.
FINATCH EXCHANGE offers customers an opportunity to trade top currencies in a conducive and unique environment where they can learn about new and exciting projects, ask and provide answers to fellow users. FINATCH will list new projects at a far more discounted rate, the issue of high listing rates and late replies when applying to list will not exist on the platform. Multi currencies will be supported after launch including FIAT pairs.
ADVANTAGES OF USING FINATCH EXCHANGE
★ Security: FINATCH will ensure funds of users are protected with the use of DDoS protection from Cloudflare, when logging in and withdrawing funds users must input alpha numeric passwords combined with Two Factor Authentication to ensure the accounts belong to them and not someone else trying to hack and steal their funds. Security audit and penetration testing by leading security agencies, auditing all smart contracts and combining multi signature hot and cold wallet to make sure users funds are safe and easily accessible.
★ Liquidity: This is the most important thing to watch out for in an exchange FINATCH will create good liquidity for its traders.
★ Trading platform: FINATCH network has a great interface that will allow both master traders and newbies in the crypto space trade with ease unlike most complex exchanges that users find hard to navigate. The system can register up to 1,000,000 (1 million) transactions per second, up to 10x leverage with margin trading, limit, market and stop loss on set orders. Users will be able to export trade and order history, multi Sig wallets with 24/7 monitoring.
★ Review system: Getting information about the crypto market is difficult and sometimes exhausting coupled with the fact that most investors of a particular cryptocurrency will just tell you anything but the truth. On NEBULA network users can get good and reliable information from those who publish on the platform, the community can publicly view and rate good content thus making it easy to see. Users in need of information can browse through top reviews, falling for scam (renowned pump and dump masterminds) will be totally eradicated because overall rating for every currency on the platform will be clearly visible for all to see.
News system: Credible and accurate news about the crypto market will be made available to users and projects can get across to their community in a matter of seconds with news channel dedicated to them. Token creators (developers) can reply and address community members easily.
Reputation system: Reputation point (RP) is given by community members to those who deserves it, whenever a user creates post that is meaningful and useful to community members he gets a thumb up in their write ups and this increases the RP of the user. RP of every user is clearly visible for everyone and this enable both new and old members track the most respected on the platform and also check if their previous call was correct. Referring friends also increases reputation points of users.
FINATCH EXCHANGE TOKEN
FIN coin is a utility token which users will use in FINATCH platform, using FIN for payments attracts 50% discount on transactions fee. FIN will be paired with BITCOIN ETHEREUM, USDT, EURT, KRW, and JPY amongst others. Listing fees for new tokens or coin on FIN exchange will require FIN tokens.
FINATCH EXCHANGE
With its simple and friendly interface users can navigate on the go, it is readily accessible whenever needed. Apart from the web version, Android (Google Play Store) and Apple Store will be made available for users.
ROADMAP
CONTACT INFORMATION
★ WEBSITE
★ WHITEPAPER
★ TELEGRAM
★ TWITTER
★ ANN THREAD
★ BOUNTY THREAD
ARTICLE WRITTEN BY TIVERE AKPORODE
★ BITCOINTALK PROFILE: TIVERE