In the cryptocurrency world, we often have to contact each other through exchanges. And it does not matter whether we buy a coin or sell it. After all, each of our transactions is carried out only thanks to the existing instruments of a particular exchange. However, due to the boom caused in 2017, many exchanges simply couldn't handle the huge flow of willing users to sign up to purchase the desired coins at a sweet price. People had to wait days for feedback to confirm their account, which resulted in no one disappointment and dissatisfaction on the part of potential customers. On good, such problems should not be.
But what if not all exchanges can quickly and efficiently handle a large flow of transactions, while simultaneously ensuring their safe implementation. After all, we have repeatedly heard these sad news about how many famous exchanges were robbed for a tidy sum.
Moreover, even if the exchange is safe enough to protect all transactions, it does not always combine other positive qualities of a decent exchange. As practice shows, they are very often:
- charge large fees for each transaction;
- limited functionality that is simply necessary for high-quality user interaction with the exchange;
- do not have a decent technical support, which would be able to respond to the requests of its users;
- they can not handle too large orders, due to lack of liquidity. All this and much more is part of a large number of existing exchanges.
You seem to have the opportunity to choose any of them, as each of them is good in its own way. But unfortunately until now there was no exchange, which would have been able to satisfy its user on all these points at 100%. And of course, today I want to introduce you to such an exchange, which intends to break this stereotype and intends to combine all the best and worthy.
About the project
This exchange is called - CryptoCircleX. The main task of the platform is the qualitative implementation of all its tasks, as well as the protection of its users from any hacker attacks and other unpleasant situations. All this has become available thanks to the introduction of the latest technologies that will help to ensure the highest level of security, even with a maximum system load of 10 million transactions per second. Just imagine this speed. I met earlier exchanges that have developed a speed of more than 1 million transactions per second, and here this figure is 10 times more. Don't know about you, but I is very impressive!
The mission of the developers of CryptoCircleX is to ensure that users always have the best opinion about their exchange. That is why the founding team has placed an incredible emphasis on the speed of transaction processing, the security of its platform, scalability, as well as technical support for its users.
Design feature
- As for the features of Crypto Circle Exchange, here I would like to consider the engine on which this exchange was created. After all, to ensure such a speed of transaction processing, the developers decided to use – GoLang. For those who do not know what GoLang Is, I will explain that GoLang is a compiled multithreaded programming language developed by Google. It is he who is able to carry out such an incredible transaction speed (10 million per second) while experiencing a small delay of some 40 nanoseconds. In simple words, it is 100 times faster than the Most famous NASDAQ stock exchange.
If we talk about security, CryptoCircleX all made at the highest level. Every user after the registration is in the process of verification of identity (KYC). To do this, he has to fill in a number of sections related to the confirmation of their identity. After that, all his confidential data is encrypted and gets into the database, which is protected by CloudFlare. At the same time, each time the user wants to log in, he will need to pass two-factor authentication. These security measures help to collectively increase the degree of protection not only the entire system, but also to protect user data from any DDoS attacks. At the same time, this exchange has a built-in algorithm, whose principle of operation is to control and combat money laundering (AML). This algorithm works with the help of machine learning and at the first signs of illegal behavior of the user sends a notification to administrators, after which all the necessary measures of suppression and blocking of the account take place.
As for the support service, here the developers have tried to establish the fastest possible user contact with a multilingual team of assistants, which will be available 24/7. To interact with them will be available chat, which in real time will allow the user to quickly get the necessary answer to a question.
As I said earlier, the development team intends to launch such an exchange, which in the future will be able to easily scale to the growing cryptocurrency market. To do this, CryptoCircleX will start its work with such crypto-currency pairs as BTC, ETH, CCX (Crypto Circle Exchange Coin), they also intend to support the Fiat direction (EUR). In total, the platform is designed to support more than 600 crypto-currency coins, this figure is not final and it will change as the market itself grows.
Also in CryptoCircleX will be available such an interesting feature as voting for the most popular ICO token, which as a result of voting will get into the listing of this exchange.
Dates and details of the ICO
For better user interaction with the exchange, the developers will release their own token – CCX (Crypto Circle Exchange Coin), which will be developed on the Ethereum platform (ERC-20). In total, 300 million tokens will be issued, of which only 223 million will be available for purchase. The initial cost of 1 CCX will be $0.09 or 1 ETH will be 5389 CCX. In total, the founding team plans to collect Hard Cap in the amount of 20 million US dollars.
If we talk about the future life of tokens, the developers intend to allocate about 10% of their profits every two quarters to buy their own tokens and their further destruction in order to achieve 50% CCX emission in the future.
The distribution of tokens is as follows:
Conclusion
As for my opinion about this project, I think CryptoCircleX exchange is very interesting and really incredible. First of all, it won me over with its speed of processed transactions, as well as a multi-stage security system. For me personally, these things are the priority of all the necessary advantages that a good exchange should have.
So my friend, you have a great opportunity to be a part of this beautiful ecosystem. But for this you will need to fully understand all its characteristics and features in the technical documentation, as well as get acquainted with the project closer in various media resources. All official links you will find below.
Official resources of the CryptoCircleX project:
