XCH4NGE- A simplifed P2P exchange platform

in #blockchain7 years ago

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A lot has been made of the isolation in which cryptocurrencies currently exist. This is due in large part to the fact that majority of current exchange platform offer services that only enable users to exchange one cryptocurrency to another and not to fiat and vice versa. Another major issue with cryptocurrency exchange platforms is related to lack of integrity within the ecosystem, where the controlling body is often willing to sacrifice user experience for profit. Considering how increasingly important cryptocurrencies are becoming to the world's economy (even if many people won't admit it), we really are right to expect more.

Introducing Xch4nge

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Xch4nge is a P2P platform which connects users within the ecosystem with the goal of facilitating seamless exchange of cryptocurrencies along with the opportunity for users to purchase cryptocurrencies using fiat. The team has also put in place top-notch digital asset security and encryption in order to keep you safe. The team aims to create the ideal entry point into the digital asset ecosystem. The Xch4nge platform is starting out with five cryptocurrencies, which include;

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Bitcoin Cash (BCH)
  • Litecoin (LTC)
  • Ripple (XRP)

These might seem pretty few but you actually have nothing to worry about as the team intends to add more cryptocurrencies in the near future (towards the end of March).

Due to the teams commitment to preventing fraud and money laundering, they are working with a leading UK credit agency which will perform KYC verification on everyone intending to be a part of the ecosystem. This will enable users focus more on their transactions without having to worry about the identity of the other party.

Seeing a platform offering just a P2P exchange might appear pretty fundamental but I can promise you that the team behind Xch4nge still have a lot up their sleeves. Some other services which will be launched in due time include;

  • Mobile App (Q2 2019): The mobile application will only contain the P2P platform before the inclusion of the other services.
  • Cryptocurrency Exchange (Q3 2018): The cryptocurrency exchange strictly offers crypto-to-crypto exchange. At this time, traders will be able to trade a wide range of cryptocurrencies.
  • International Banking Solution: The team is working closely with the UK Financial Conduct Authority in order to obtain an e-money license. If this is successful, the platform will have the right to offer banking services to established users.

For further information on the global expansion of Xch4nge, visit; Buy Bitcoin

Why Use Xch4nge
Xch4nge is a promising new exchange platform which offers you the opportunity to sell cryptocurrency even in Africa and will be stretching it's tentacles to about 25 countries, commencing in February. The focus on offering a customer centric platform along with the brilliant ideas being spurned by the team, Xch4nge seems like a very good proposition.

Closing thought
I am of the opinion that if the team can follow what is outlined in their roadmap to the letter, the future looks very promising.

For further information, you can visit any of the following links;
Official Website: LocalBitcoins
Xch4nge Facebook
Xch4nge Twitter
Xch4nge Instagram
Xch4nge LinkedIn

Authors Username: tbossmitche

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