CoinMetro - FXPIG's pedigree may prove worthwhile in the long run

In my last post, I introduced an upcoming cryptocurrency trading and investment platform, known as CoinMetro. Upon further research, I found CoinMetro interesting mainly because of its strategic partner FXPIG, a front-runner in providing Forex Trading Services across the globe.

_{An illustration on the FXPig.com website}

FXPIG was founded in Auckland, NZ in 2010 and presents itself as the place "Where Traders Come to Win". The FX Market is very complicated and even professional traders find it difficult to make his/her way through all of the technical jargon. Unlike other brokers, FXPIG sees itself as a "true partner" to their customers to help them profit in the long term. The focus here has always been on consistency & simplification, and this is achieved by using the most modern technologies available. For example, the FXPIG's Order Management System has been hosted in their own Virtual Private Datacenter which in turn, is powered by a VMWare Infrastructure and is connected to the Equinix Data Center Network by means of optic fibre connectivity. As a result of this, the system has almost zero latency and is able to scale indefinitely in proportion to the number of users.

"Latency Free Withdrawals, What a UNIQUE Concept... It's YOUR Money, after all, Access to it Should NEVER be Delayed"
-_{A Quote from the FXPig.com website}

But hey, what does this have to do with CoinMetro?

As most of the Crypto enthusiasts would know, scalability is a big issue with Cryptocurrency exchanges of today. Binance recently had to temporarily disable new user registrations for a limited time due to exponential growth in users. In the last few months, exchanges like Bitfinex and Bittrex have had similar issues as well. Every now and then, GDAX displays "Minor Service Outage" message. There is even a funny post on Reddit on this subject 😄. So coming back to CoinMetro, one of the prerequisites for becoming a top class exchange is the ability to withstand a massive influx of users or simply speaking "scale". And CoinMetro team will be able to make use of the existing infrastructure, expertise, and lessons learned while they push the platform mainstream.

Is that all? Nope, there are other ways through which the FXPIG affiliation brings great value to the CoinMetro Ecosystem.

• Many other design principles are also inspired by the FXPIG's design. Eg the stringent security protocols that have guaranteed high-level security for the latter to date. The debit card system that will enable users to withdraw cash from ATM's will also be inspired by the one that was implemented for FXPIG.

• FXPIG will aid CoinMetro to deliver the “Token Buyback Program" that is crucial to the stabilization of the price of the native ERC-20 token called COIN (XCM).

• The "Leverage" functions within the CoinMetro platform wouldn't have been possible if not for FXPIG. FXPIG acts as a "gateway" for the CoinMetro platform allowing​ "Leverage" while trading non-deliverable OTC digital assets. FXPIG could possibly assume the role of margin/credit provider.

Summarising, FXPIGs expertise in dealing with the complex financial environments such as Forex market and their data-handling infrastructure, other additional services could play a crucial role in​ the success of the CoinMetro platform. Let's hope that is the case!

_{Artwork Courtesy - Myself 😄}

More

To learn more about the token sale visit the CoinMetro website
Telegram —  https://t.me/CoinMetro
White Paper-https://coinmetro.com/whitepaper/
BitcoinTalk ANN —  https://bitcointalk.org/index.php?topic=2540667.0
BitcoinTalk Bounty — https://bitcointalk.org/index.php?topic=2542394.0
My BitcoinTalk Profile —  https://bitcointalk.org/index.php?action=profile;u=1404731

Disclaimer: I am not a financial advisor. This post intended as a product review and not an investment advice