OnepageX: A Simplified Cryptocurrency Exchange That Enables Users Anonymity

in #crypto6 years ago (edited)

Introduction

Before now, ours was a dispensation popularly dubbed, "the manual-industrial worker age," which was mostly because majority of the economic activities around the globe was either in the area of agriculture or industry such as mining. But in recent times, our world has morphed astronomically. In an age whereby super-intelligent machines (both physical and virtual) are being created everyday, things are bound to change. In fact, it is believed that as we're fast approaching the zenith of this tech-driven age, the value of information will continue to scale. Perhaps, there would come a time whereby information will become the only true currency in the global market.

One of the prominent offsprings of this current era, blockchain technology holds great promise for the global marketplace and myriads of sectors. Notably, it is the underlying technology through which cryptocurrencies were created. And in a bid to solve the issue of cryptocurrencies interconversion, exchange platforms were created.

Today, there is an avalanche of cryptocurrency exchange platforms on the net. Though many, one thing remains common to most if not all. For most to exchanges, users are required to first create an account before they can perform any transaction. Some even demand for KYC. Not that there is anything outrightly wrong with doing so, but for those that prefer to remain anonymous, it's a debacle. And, believe it or not, these ones constitute the majority. As a matter of fact, people are growing into the awareness how that information is vital and the essence of confidentiality, and so in a very near future, if something is not quickly done to remedy this problem, the cryptocurrency sphere is likely to witness a colossal decline in its population of participants.

The rest of this article entails an extensive review of onepagex: a novel cryptocurrency exchange platform.

What is OnepageX?

It is an exchange platform that is specially unique from the rest by enabling users to operate without having to create an account. In fact, there is no account creation icon enabled on the platform, so anonymity is inevitable. Again, it is a single page, user-friendly interface that affords users with the basic tools for conversion of cryptocurrencies. Currently, there are about 140+ cryptocurrencies already listed on onepagex, which is very impressive when compared to the likes of blocktrades, wherewith there is a limited number of cryptocurrency (barely up to 10).

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A Simplistic, User-Friendly Platform

OnepageX affords users to perform multi-transactions at the same time, and monitor too, all on a single page. Typically, every transaction is pocketed in form of a box and the number of boxes increases with transaction increase.
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Also, each box representing a unique transaction, details the current phase of things at every instant, including the recipient's address. For example, if a conversion from BTC to ETH is initiated, it displays the same. Again, if the withdrawal into the given address is currently taking place, it divulges it. So, it's perfectly easy to use.
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No Requirement of User Information

Another distinct feature of onepagex is the fact that it enables user anonymity. By so doing, users are able to exercise control over who has access to their personal information in that regard.

Basically, when a transaction or conversion is initiated on the platform, it is bookmarked, hence, users can also revisit the bookmarked page to check the transaction status and history. Notwithstanding, no individual details are provided, as none is required in the first place.

Promotion of Mass Adoption

No doubt, the fact that onepagex does not require user information would prove to be highly beneficial for the cryptocurrency sphere. The platform is most certain to witness an overwhelming number of users migrating in and for non crypto-users, many are likely to find it very attractive. Hence, it would facilitate mass adoption.

Fast Transactions

Here, the conversions take place almost instantly. It saves users from unnecessary time wastage such that they can quickly return to their respective business thereafter. Compared to the likes of binance, blocktrades, kucoin exchange, etc. onepagex is indeed fast.

Conclusion

From the ensuing, it is obvious that onepagex is a very good project. Hopefully, it will stand the test of time, because it holds very good promise for the future.

Here's a video review:

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Great piece of work @ichades97

I've seen few other posts about this project lately and Im just wondering if exchange that doesn't requite KYC will not be targeted by regulators? Isn't risky business to aboid KYC and AML standards?

What do you think?

Yours
Piotr

Indeed you've pointed out a crucial matter. But the fashion in which onepagex is set to run (as indicated in the whitepaper) makes it very unique because the essence of the onepage-fit-for-all transactions is to ensure total transparency.
Again, who knows what the future holds?
I sincerely hope onepagex will outlive expectations.

I like to see how responsive you are @michades97 :)

Steemit needs people like yourself.

Yours
Piotr

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