STREAMITY: THE NEW DECENTRALISED P2P CRYPTOCURRENCY TO FIAT EXCHANGE AND VICE VERSA

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Streamity PTE. LTD is a legitimate company registered in Singapore which allows investors to buy its tokens from any part of the world through its partnership with a variety of payment systems around the world.

It is a decentralized P2P cryptocurrency to fiat money exchange and vice versa that will use a wide range of cryptocurrencies in its service board. Streamity is designed to increase transaction speed to almost instant meanwhile giving users easy navigation of the platform at the lowest services ranging 0% to 2% only.

Streamity is built around the idea of making cryptocurrency transactions fast, reliable and cheap. The platform main exchange ideology is to make conversion of any cryptocurrency on the market to fiat and vice versa as easy as possible. With Streamity it will be easy to exchange any listed cryptocurrency directly to fiat money almost instantly. The platform has its own STM tokens that will be used to do all transactions on the system at very low commissions. Users can use any fiat currency locally available to buy the STM tokens valued at $0.2 tokens currently.

Streamity built a very powerful StreamDesk aggregator that will ensure the exchange of cryptocurrency to fiat and vice versa. Streamdesk is designed to carry out its exchange functions independently of any intermediaries. StreamDesk will also handle mutual exchanges of cryptocurrencies with maximum security and efficiency. To ensure system security and protect its users from fraud, Streamity implements a Know Your Customer (KYC) and Anti Money Laundering (AML) policies.

HOW IS THIS BETTER THAN THE EXISTING SOLUTIONS? AND HOW THE SMART CONTRACT SYSTEM ASSURES SAFETY FOR BOTH BUYERS AND SELLERS?

The current P2P cryptocurrency exchange platforms like LocalBitcoins, Paxful and Bitsquare have a lot of undesirable functionalities. Localbitcoin charges very high fees which makes it unrealistic to carry out transaction on it and deals only with Bitcoin. Paxful requires concentrate only in USA. Bitsquare is complicated for the average cryptocurrency user.

I would like to share my own personal experience cuz they say experience is the best teacher. So, maybe after sharing this, many will come to realise that streamity is truely the way forward.
I used to own a Paxful and what I normally do then is to buy all types of giftcard of different denominations, to be swapped with Bitcoin. One day, a seller saying he got some giftcards worth $200. I asked him to send a picture of the secret code on the giftcard, of he did, but after loading it, I got the response that the card has already been redeemed. The seller knowing too well that the card has been used was still claiming that he was right and kept on accusing me of defrauding him. This is not supposed to be so. That's the reason why streamity aims at ensuring the safety of transactions by carrying out its exchange functions independently of any intermediaries using the StreamDesk aggregator. If I had used Streamity for the transaction, the seller must have submitted the giftcard to the receiving bot which will then check if the cards are still valid. This would have been done in a faster way that we could ever imagine. Then, i will also submit mine to thereceiving bot. So that when we both click on the approval button, the assets will be automatically swapped between us. In this way, I wouldn't have heard any problem with the transaction I made back then.

HOW STREAMITY WILL HELP MASS ADOPTION OF CRYPTOCURRENCY?

the StreamDesk Alpha or beta version

In order to achieve their goals, the brains behind the streamity team has been working day and night to develop a convenient and high-quality service to the masses. They are trying their possible best to resolve every complex issues they have found by themselves, and at the same time calling on the public to report any bug discovered after the release of their main Dapp. This is generally done for the newbies that are trooping into the crypto game on a daily basis so that they can find it safer and easier to make transactions with streamity when buying cryptocurrencies using fiat money and as well doing the vice versa. Right the team have succeeded in installing, testing and implementing a computer system or application but it is still at it's beta stage for Now, because the team does not want to make their users feel inconvenient in any way, so they are taking almost all the time they have to ensure a smooth running of the Dapp. When newbies finds it easy and convenient to use the streamity services, I think mass adoption will be achieved with ease.

HOW DOES GIVING PEOPLE THE ABILITY TO USE FIAT LOWER THE BARRIER TO ENTRY?

Trading currency and cryptocurrency are co-existing nowadays. Therefore, the strong need in comparing traditional currencies and cryptocurrencies has appeared. When it comes to comparing crypto and USD, in many ways these two types of currencies are similar: both are recognized and valuable and this value can be changed according to market variables, both can be used to buy things.

The most important factors to compare Bitcoin and USD will be liquidity, investment, and stability.

The U.S. Dollar is more liquid, because it is the world's reserve currency, it is the most common and widely accepted currency. Bitcoin is fairly new, that's why it is less respected and used. Unlike most traditional currencies, however, Bitcoin is not bound to an institution or country. It means that Bitcoin is in a sense an international currency. People all over the world, from any class or country can use it for free, instant and easy exchanges, without the need for intermediary bodies like banks, merchant accounts or payment gateways. Bitcoin’s purpose is to get around the disadvantages of trading in traditional currencies. In a way it is a throwback to a purer form of trade, as Bitcoin also has some common features with gold: it is difficult to produce, it needs to have limited supply, it needs to be recognized.

As a speculative investment, Bitcoin would be a better route compared to the U.S. Dollar. Real world investment, in general, is a difficult process. Not just because of the legislation rules. While actual art of investing becomes a skill learnt in time, gaining entry into the world of buying and selling is far more challenging. Investing in crypto-currency can offer a solution to those real world problems. Crypto-currencies offer more potential for investors to get involved as barriers to entry are far lower than with fiat currency investing. Moreover U.S. Dollar fluctuates so the return on an investment is very minimal unless you invest huge amounts of capital.

The stability is something that must be closely looked at because of the continuing changes in the currency market. The U.S. Dollar is less volatile than Bitcoin due to the U.S. Dollar losing almost all of its purchasing power at an alarming rate since 1900. The Bitcoin has not seen a very big growth spark, but since its introduction in January 2009, it has remained stable.

Investing in USD face serious competition from crypto-currency investors over the years to come. The old age investing method may begin to suffer. Ultimately, each one have advantages and all can work differently for individuals during different transactions. In the future, hopefully there will become a system where both of these currencies and others can co-exist with each other to create the best results for the world as a whole.

WHY DO WE NEED TO INVEST IN THIS PROJECT?

With the unstoppable wide spreading of cryptocurrency, investing in a promising project of the calibre of Streamity will assure you a good future returns on capital. The unique StreamDesk service is ideal to manage profitable trading of cryptocurrency under the proven security that comes with smart contracts alongside existing payment system around the world.

Streamity allows the buying and selling of cryptocurrency without charging users any commissions ensuring better profits for the users.

It has also developed its own STM tokens that will remain the main aid for transacting in the Streamity ecosystem. STM tokens will be used to buy or sell order on the Streamity platform. At the moment STM tokens exchange for $0.2 but they are expected to increase as Streamity services gain more popularity.

Streamity designed its STM tokens to be resistant to rate manipulation by backing it up with fiat money reserve funds.

Finally Streamity has a very committed and active team who are always working around the clock to ensure maximum customer satisfaction with the exchange services, Streamity.

MEET THE BRAINS BEHIND THE PROJECT

The team is made up of never repenting personnels who are experts in different field of knowledge. Working together day and night just to see that this project becomes a success in no-distant-future.

For more info on this project, you can click on the links below👇

Streamity Website
Streamity onepager
Streamity Whitepaper
Streamity YouTube
Streamity Facebook
Streamity Medium
Streamity Twitter
Streamity Telegram
Streamity BitcoinTalk

While compiling this article, references were made from these sources

Streamity Website

Streamity Whitepaper

https://steemit.com/crypto/@originalworks/605-steem-60-bonuses-sponsored-writing-contest-streamity

cointelegraph website

(https://coinidol.com/new-age-of-p2p-cryptocurrency-to-fiat-exchange-with-streamity/)

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