ChangeNOW: CONVENIENT INSTANT EXCHANGE PLATFORM

ambition1 (41)in #blockchain • 6 years ago (edited)

INTRODUCTION
The digital world have experienced tremendous development over the years. Since the establishment of the first cryptocurrency token (bitcoin), series of tokens have been launched across the chain. Different platforms has adopted the decentralised system by integrating cryptocurrency and digital trading even in e-commerce and content rewarding.

Also, cryptocurrency price volatility has made it a lucrative business for those that can predict the rise and fall period. This has caused a rapid acquisition and disposal of cryptocurrency tokens which has in return caused the establishment of numerous cryptocurrency exchange platforms. Most of these existing platforms are however plagued with diverse challenges which has caused a drawback in cryptocurrency trading.

SOME OF THE CHALLENGES OF THE EXISTING CRYPTO TRADING PLATFORMS
MONOPOLISTIC SYSTEM OF OPERATION
Most of the existing platforms are monopolised and operate as middlemen which causes delays in transactions. The monopoly however causes a lot of transactions to be pending, waiting for approval and thereby prolonging transaction periods. The centralised system however stores up users funds which can be dangerous due to cyber attack or security bridge.

SECURITY
One of the unending challenges faced by the digital world is cyber bullying and fraudulent attacks. The system is digital which leaves it vulnerable to cyber attacks. Security is one of the key factors to be considered before trading in a platform. This has been an issue, waiting to be resolved.

TRANSPARENCY AND CUSTOMER SERVICE LET-DOWN
Due to the centralised nature of the existing platforms, it has been an issue for participants to be carried along accordingly. The customer service provider and user relationship has been minimal. Details of operations has been kept out from users which has casted a lot of distrust among users of these platforms. New and inexperienced traders however find it difficult to flow with the system due to the complicated modus operandi and the lack of attention devoted to them during trading.

ChangeNOW IS THE SOLUTION
Unlike the traditional custodial exchange services, ChangeNOW is an instant exchange platform designed to resolve the underlying issues plaguing the cryptocurrency traders. ChangeNOW proposes to establish a transparent and secured exchange platform with no hidden or inflated charges on the user. The system aims at bringing convenience to traders with simplicity, efficiency and speed.

THE PECULIARITY OF ChangeNOW
ChangeNOW has put to consideration all the challenges faced by cryptocurrency traders has mapped out how to resolve them all. The system proposes an active customer service with zero downtime, enabling users to have personal interaction with the support team. The system is powered by the blockchain and ensures maximum security to users. Keeping transparency as a priority, ChangeNOW aims at being as transparent as possible to the users.

THE TEAM
ChangeNOW is a proposed exchange platform planned by great veterans and passionate technologist led by Roman Lapin as the CEO. Sergey Sokratilin and the product Manager, Peter Sergeev as the lead developer and Denis Kulikov as the full stack developer.

CONCLUSION
The cryptocurrency world is changing, the evolution is so rapid that in the near future, FIAT currencies would be less useful. Instant exchange is the new future, with ease, simplicity and secured transaction. ChangeNOW proposes a convenient platform where traders can easily rely on, and make good financial decisions as fast as possible.

TOKEN DETAILS
Token Type: ERC20 Token
Token name: ChangeNOW Token
Ticker: NOW
Total Token supply: 200,000,000 NOW
Decimal: 8
Minimum investment: $50,000
Maximum investment: $500,000