COINXES - MAKING CRYPTOCURRENCY EXCHANGE EASIER

dacosta (47)in #blockchain • 5 years ago

Cryptocurrencies have become indispensable since its introduction in 2009. Many countries have embraced this technology, due to its speed, anonymity and seamless storage of data. Nevertheless, exchanging cryptocurrencies is very much involving and challenging. The procedure is normally quiet complex and not easy to understand. This is one of the reasons why people are not willing to invest in these cryptocurrencies. We are of the believe that creating a more simplified exchange will attract more investors into crypto.

We have realized over the years that many exchanges have lost funds to hackers and investors never received their investment. In addition, these exchange sites are complex and involves a lot of rules that beginners do not understand. These exchanges also have default language (English) and a few other languages hence a lot of people who do not understand these languages are not able to trade there. Major exchanges also charge exorbitant fees for their transactions.
Coinxes introduces an exchange that has a higher security, user friendly and more convenient. This exchange ensures security by using a Google two factor authentication as well as a mobile money pin for verification to log in on the exchange. It also has various languages; hence people who do not speak English can also trade on the platform. It also gives users the chance to choose trading pairs with altcoins and not just Bitcoin. We will also charge very low fees for all transactions on exchange platform.
Interest on ICO's and STO's has increased at a very high rate, indicating that the crypto market is readily available for profit. We have also noted that, the interest in crowd funding has not been affected by the regulations from the Security and Exchange Commission. The transactions that occur on our P2P exchange site is private since connection is made peer to peer, hence there is no worry of being watched or hacked. Users get to choose their own payment methods and the amount of money they want to trade in. Transactions are very fast, hence can be completed within a few minutes. Our network is also decentralized; hence there is no central server that stores all the information.

We have also realized that ICO's and STO's find it difficult to raise their desired monies due to geographical location of investors. With the use of Coinxes platform, users have the option to choose from over 300 payment methods, tokens can be purchased using local currencies, different languages support people from various regions to buy tokens. We believe this will help ICO's and STO's reach their soft cap. Withdrawals and trading is absolutely free, users will only pay 1% of their deposit fees as charges.
The platform is very easy to use. It is between buyers and sellers. The sellers determine the price of the coin to be sold and paying method, if the buyer agrees both sellers and buyers will use Coinxes escrow to finalize the transaction.
The token to be used on the platform will be Coinxes Gold with the symbol of CGX.