NakamotoX Launches Beta Version of a New Stock Exchange

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NakamotoX is out there – are you already trading there?

After a successful alpha phase when the stock market was tested by several thousands of users, the stock market has announced a beta version that already allows real money trading. In the alpha version, it was possible to trade with a demo account where the users received a virtual balance without having to deposit their own funds.

As part of the sharp beta version, it is now possible to trade with real currencies in several trading pairs mentioned in the next section of the article.

Before launching the beta, as the stock will already deal with real balances of their users, the platform has undergone rigorous tests and security audits to make sure that they offer one of the safest platforms on the market.

Of course, it does not stop there and the platform is continuously tested by independent top security advisors.

The security of exchange is a priority

Security is alpha and omega, the platform uses DDOS protection, 2FA with one-time password, geographically distributed multi-sig cold storage and other security features are in the roadmap. One of the first is the ability to log in to the platform using the hardware wallet TREZOR which can also serve as a hardware key for authorization for different types of applications, thanks to the Treasure Connect API. The Connect API also offers the option of decentralizing users’ wallets by linking with the TREZOR, but this option will be integrated during the next phase of the project.

Beyond security, another unique feature is how the platform’s interface is conceived. The user has the ability to simply arrange the necessary elements for trading in 9 tiles, to stack charts, order-books, trade history of individual trading pairs, and get an overview of what’s happening in multiple markets at once without having to switch between trading pairs. If 9 tiles are not enough, a user can open another tab in the top bar and create another 9 tiles with other trading pairs.

NakamotoX will add more trading pairs

Well, now we get to current trading pairs which are now in the beta version.

NakamotoX has listed the following trading pairs: BTC/EUR; ETH/EUR; LTC/EUR; LTC/BTC; XMR/BTC; XMR/EUR; ETH/BTC; XVR/BTC.

Additional trading pairs will be added based on an internal process that will be introduced to the public over the coming weeks. The platform has already received numerous requests from various developers for listing some coins and tokens.

Also, in preparation is a poll where the community will be able to vote on the addition of individual coins and tokens to the platform; this option will also be introduced over the coming weeks.

Beta version with 0% fees and other news

Users of NakamotoX can trade in the beta version with 0% fees until further notice, respectively until the end of beta version which should be in May. Is there a catch? No, users do not actually pay any fees for buying or selling – trading with – cryptocurrencies. So if you plan to expand the portfolio, it is certainly good to use this option to buy at no charge.

The NakamotoX team also reported that they managed to get an investment of more than 1.5 million USD from private investors who believe in the potential of the team behind the platform and, of course, also in the potential of digital currencies. Thanks to this investment, the platform can be further developed.

Česky: http://btctip.cz/nakamotox-spousti-ostrou-beta-verzi-nove-burzy/