The Entry requirements from a technical perspective of digital currencies for the average user, the entry requirements from an economical point of view for the average entrepreneur for buying a reliable crypto exchange source code, hiring professional DevOps personnel, hiring customer support specialists, complying with national and international AML/KYC regulations and having liquidity from day one of the exchange start of operation are also high.
Ripa Exchange is an exchange platform with a strong focus on lowering the entry level of opening new exchanges and giving crypto traders safe and secure trading partners to operate on a daily basis. It is a hybrid-decentralized exchange which will open new opportunities for the crypto world. . The platform aims at giving an Open Source, efficient, reliable exchange platform for it's users and to give the needed liquidity to newly created exchange from day one so they can focus on finding customers, give platinum support and comply with all the heterogeneous laws in the industry. Ripa Exchange is implemented with the Rails framework and other cutting-edge modern technology and will be migrated to an hybrid-decentralized exchange where all exchanges in the Ripa network will share liquidity thanks to RLSP technology.
RipaEx's mission is to build the world best open source crypto asset marketplace with a high performance trading engine and safety which can be trusted and enjoyed by users. Additionally they want to move the crypto currency exchange technology forward by providing support and add new features. They are helping people to build easy their own exchange around the world.
Some Key features of the RIPAEX Platform
- Open source - Ripa Exchange is and will always be free for exchange managers; you will only have to pay for the server, network security operations, call center operators and other resources needed to start the exchange and provide paid support to your customers. One can make all the necessary customizations in the source code, as the entire source base is released under the MIT license. This is a great opportunity to run ones local exchanger.
International KYC/AML Standards Compliant - Ripa Exchange KYC efficiently submits and exchanges KYC information to meet the banking supervisory standards and comply with Customer Due Diligence - Multi-Accounts Trading - Ripa Exchange allows to create multiple accounts and trading in multiple currencies. Ripa Exchange makes it is easy to trade different currencies.
- Transparent & Configurable - Major functions have been embedded in the source code – neat registration and log-in interface, personalized deposit and withdraw procedure, best match of bid and ask, etc. These functions are comprehensive and are ready to use with
- Proof of solvency - RipaEx Proof of Solvency (PoS) allows users to verify the solvency of a Peatio-based cryptocurrency exchange without compromising privacy. This is a real guarantee of protection against fraudulent schemes used in the modern world
- Enterprise Exchange. Peatio enterprise exchange capabilities include a high-performance compliance mechanism, scalable distributed workflows, and two-factor SMS authentication;
- Functionality and Intuitiveness. The most simple, convenient interface for registration and login. Individual deposit and withdrawal procedure and built-in audit of solvency verification.
RipaEx Features at Launch
At the initial working Ripa Exchange instance opening the following features will be functioning:
- Crypto to Crypto
- OAUTH: Facebook, Google, Twitter
- FIDO: login with FIDO Alliance standards
- Protocols: POW, DPOS, Masternode, tether, ERC20
- Currencies: BTC, ETH, DOGE, BCH, TUSD, ARK, LISK, SHIFT, RISE, KAPU, OXY, RIPA, and other promising ERC20 tokens
- Main Markets: BTC, ETH, ARK
- Orders Type: market, limit
Future Features
Future instances of Ripa Exchange implementations will have the following features:
- E-Wallets: OKPay, NETELLER, MoneyPolo, others...
- Advanced Trading Features: margin trading, stop loss and take profit,
- Fiat to Crypto
- Other Tools: VISA/MasterCard, merchants tools, P2P Lending
The Ripa Blockchain
The RipaEx project will have its own blockchain called Ripa which will be run on the DPOS protocol and has the XPX token running on it that will serve the five following purposes:
- to list new cryptocurrencies on Ripa Exchanges
- to advertise new projects
- to buy RipaEx gadget on the RipaEx Store
- to pay for the sell of goods & services on authorized resellers with our RipaEx POS (Point of Sale)
- to share liquidity between Ripa Exchanges in the same network
Ripa (XPX) is a cryptocurrency derivate from ARK, Lisk, Crypti and BitShares with unique differences and improvements for reaching the goal of shared liquidity between exchanges in the same Ripa network. This code however inherits the simplified interactions between ARK and other blockchain systems using DPoS as their consensus. This homogeneous codebase allows for the potential to provide service bridges in the form of ARK-Lisk blockchain apps, along with any other additional systems provided by their blockchain administrators.
Token Sale
The RipaEx XPX token sale will be separated into two phases:
- PRESALE: April to June 2018
- RIPA TEC: July to December 2018
During the token sale the exchange rate for the XPX tokens will be XPX/0.10. The following cryptocurrencies are accepted: BTC, ETH, ARK, LISK.
XPX Ripa Token Distribution
115,000,000 XPX tokens are seeded into the genesis block: distribution of the XPX tokens generated
Division of Funds
The funds collected during the PreSale and RIPA TEC phases will be divided as explained in image below
A decentralized project that allows you to exchange crypto currency is really profitable. Several important functions have already been implemented, the domestic currency is being sold publicly. Investors can purchase tokens, while receiving a 100% bonus - this is a bright, non-standard action from the developers.
For more info on RipaEx, check out the links below
WEBSITE | TELEGRAM | BLOG | FACEBOOK | TWITTER
Bitcointalk Username: ifeakinola
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1857381;sa=summary