STREAMITY - on the way to the commission-free purchase of crypto currency

gogul (35)in #blockchain • 6 years ago

Hello colleagues. I want to share with you a review of an interesting project related to the purchase, sale and exchange of crypto-currencies. Just note that the project team is Russian, and then we have those who can not stand Russian projects. So, the project is called STREAMITY.

Site - https://streamity.org/
ANN - https://bitcointalk.org/index.php?topic=2519489
Telegram - https://t.me/streamityChat_en
Facebook - https://facebook.com/streamity
Whitepaper - https://streamity.org/uploads/docs/ru/Whitepaper_Streamity_ru.pdf

Now on the exchange market of the crypto currency, centralized exchanges and platforms predominate, which are intermediaries between the two sides. The biggest problem of centralized sites is the risk of losing their assets. Exchange can crack hackers, it can be closed or limited in the actions of the local regulator.

About the Streamity platform

Crypto-currencies were created on the basis of the concept of decentralization, so the exchanges should be decentralized. For example, I believe in the future of decentralized exchanges. A promising project working towards the creation of a decentralized exchange is STREAMITY. The platform will enable you to perform reliable exchange without risk with the help of smart contracts, based on your application StreamDesk. The course and cost will be aimed at the main exchanges. They will be reflected in the Market section, where you can view the capitalization of the crypto currency.

Of course, over time the market of crypto currency will grow, the volume of transactions will increase. In this case, the risk of loss of capital will increase, because Serious money attracts interested scammers and hackers.

The Market Problem

At this point in time, many regulators complicate the process of exchanging crypto currency for fiat money. Despite the difficulties, the market of crypto-currency is simply doomed to constant growth, accordingly, such services as STREAMITY have a serious growth potential. Modern decentralized sites regarding security are not perfect. There are enough popular services, for example, LocalBitcoins, Changelly. Each of them is endowed with its own shortcomings. LocalBitcoins works only with bitcoin, the cost is set by the party offering the deal.

When the market is unstable the cost is quite far from the realistic price of bitcoin. There are commissions for withdrawing money. Changelly provides opportunities to buy Crypto-currency for dollars, while there is no opportunity to sell already. Services absolutely do not guarantee reliability for bargainers. Regarding STREAMITY, smart contracts are responsible for security here. A significant moment is the market price of the exchange, because the profitability of the transaction is required by both parties.

Benefits of Streamity

The platform will be appreciated by customers of payment systems that have high security requests. Who currently uses the localbitcoins platform, knows perfectly well that during periods of volatility, the site provides opportunities to quickly buy / sell with a difference of more than 10% of the market price. This becomes a speculative factor that experienced platform users know how to use. It is during the growth / fall phase that significant amounts of exchange occur. And simple exchangers raise the commission as a result to 30%, pursuing the goal of reinsurance.

In this regard, I believe the existing platforms are not competitive with future start-ups, which will be able to offer better conditions. Today, most of the exchanges with direct entry and withdrawal of fiat money do not work, as a result, the service StreamDesk will be popular. As Vladislav Kuznetsov (Streamity Managing Director) states: "Connecting smart contracts with the API of payment systems provides a 100% guarantee of exchange, the process is completely automated and it is through the transfer of funds between users that we have the opportunity to work officially in most jurisdictions!

Pleasant bonus

Service commissions are transparent, and rates are tied to several large exchanges (Coinbase, Bittrex, Poloniex, Bitfinex) and can not be overstated by users. "The chip of the information platform is the fact that any user can create and make changes to existing articles and publications. unique user content is awarded tokens.