EOSex- Availing A Hybrid Exchange Platform

michades97 (45)in #blockchain • 6 years ago

Introduction

By now, at least a quarter of the global human population already knows about Bitcoin; the watershed of all other cryptocurrencies.
And there are several avenues for exposure, either through intrusive ads, spam mails, or in the course of a random internet search. These days, cryptocurrency trend news are very common on the internet. It is also noteworthy that the cryptocurrency sphere heralds good promise for many industries, especially due to its blockchain support.
As an example, between 2017 and now, a lot has changed in the finance industry, thanks to the advent of blockchain. Smart contract is now a reality.

Again, it might interest you to know that financial instruments are now obtainable on many digital 'crypto' platforms, particularly exchange platforms. And, it is only reasonable to assume that as cryptocurrencies continue to grow abroad, exchange platforms will need cutting edge tools and infrastructure to satisfactorily cater for the dynamic user base.

Few exchange platforms today can boast of an architecture that can capacititate say 5million users.
Aside, the politics that goes on in the backdrop, just in order to have a coin listed on an exchange is nothing short of frustrating, not to talk of the listing fees.

Well, EOSex is a unique exchange platform that intends to arrest the bespoke bottlenecks. The rest of this article borders on this.

What is EOSex

EOSex is the official exchange platform for the EOS blockchain. It will however also serve the ethereum blockchain, including all the cryptocurrencies that were issued from the same.
It therefore follows that there would be numerous trading pairs on EOSex, in retrospect to what is obtainable today.

Time-Saving and Cost-effectiveness

As an illustration, in order to exchange ethereum for bitcoin currency today, you can go through several channels. If the preferred channel in this case is blocktrades, after initiating a transfer order on the web, you still have to a return to a wallet, say blockchain wallet, on another platform in order to facilitate, and then return again to blocktrades to finalize. The whole process is both time-wasting and expensive to manage.

EOSex understands this- the cogent relationship between time and money , just like the men of old say, time is money. Notwithstanding, EOSex's team recognises that beyond just time, effective time management is very important. So, there is no need to waste precious time, sifting from one exchange to another in order to monitor or manage anything.

Fiat Channel

So long as life continues, it will forever remain impossible to satiate man. As an example, when the whole cryptocurrency thing started to gain massive momentum late 2017 and crypto investors were raking in huge sums, who would have thought that couple of months down the line, the absence of fiat channel on the platforms could constitute a major bottleneck. Well, that's the reality today and luckily, EOSex is aware of this. EOSex platform is equipped with a working fiat channel, thereby enabling traders to easily cash out their respective digital currencies, even at a very meagre fee.

Security

The fact that the likes of bittrex and binance are more often than not, fazed with insecurity issues is hardly news. On its part, EOSex is committed to restoring confidence in the sphere by improving security on the platform. First, architecture and policy of EOSex is in compliance with international financial standards. In addition, the platform has multilayered encryptions and a frequently-updated review system.

State-of-the-art Infrastructure

EOSex team is quite visionary and has taken into consideration the possibility of having a overwhelming number of traders on the platform, along the line. By adopting use of cutting-edge, reliable technology, the platform is sure to cater for whatsoever traffic might arise. This way, EOSex can easily scale without fear of a shutdown or cyber attack.

Scalability

Many exchanges are built without careful and futuristic planning and although things may initially run smoothly, in the long run, a sizeable chunk of these platforms eventually are forced to downsize. In this regard, EOSex is exceptionally different, being able to deliver high performance.
The implication of these is that transactions are conducted with higher efficience on EOSex, thereby saving from unnecessary time wastage.

Conclusion

EOSex is here now, hopefully, it will restore that much desired confidence in the cryptocurrency sphere, thereby bringing it to the full actualisation of its potential.