STREAMITY: THE BETTER THAN GOOD EXCHANGER

in #crypto6 years ago (edited)

Have you ever been caught in a web of trying to exchange your fiat or other currencies and you found out you were extorted or even transacting with a fraudulent user or your exchange is drained by heavy transaction fee?

Then you need a savior. guess who is here in superman costume to save you?

STREAMITY...The SuperExchanger of the Blockchain.

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HOW WILL STREAMITY CHANGE P2P EXCHANGE?


First, streamity is secured with Smart Contracts as Escrow. and as such, the buyer send their currency to unlock the Smart contract and then as soon as the seller sends his or her own fiat or whatever currency, they both are paid and that is it. Fast, efficient and reliable. Also, if one of the parties fail to respond in time, the Smart contract returns your currency back to you. and as such, you can go back and find another person to trade with.

Also, a lot of exchange site are limited to Btc and Eth, but wuth STreamity's Streamdesk, you can have access to a whole lot of Currencies, including Fiat exchanges.

Compared to most Exchnage sites available, the transaction fees are quite exorbitant and when you get the final exchange, its more like you're at loss. they dampen you by sometimes up to 10%. Some would even need you to convert your fiat to BTC or ETH first before the currency you need while charging transaction fee at each level.
With Streamity, you can even buy fiat. Take it more like a decentralized Forex in a way. I am a Nigerian, and i can use Streamity to convert my Currencies to Dollars or other fiat currencies and then watch for the market to make even more profit.
Crypto-trading as well as Fiat-trading is made possible with Streamity.

This is like a Decentralized WORLD BANK.

HOW IS IT BETTER THAN THE EXISTING?

You know one wonderful thing about Streamity is that not only is StreamDesk amazing. There are a whole lot to Streamity. I will take my time to walk you through a little.

There is the MARKET OVERVIEW section which gives you accurate information about the crypto-Universe, wallets.

Streamity has a free Information and financial advise archive.

How does the smart contract system assure safety for both buyer and seller?

unlike other exchange platforms where just anyone can act as escrow, the smart contract ensures "Trustless" transactions. You don't need to worry about the credibility of the person buying or selling to or from you. because if they don't pay the required to the desk, either the fiat or currency they want to sell or buy, they get nothing. so in a way, your money is safe and stored with the smart contract and doesn't get dispensed to the other arty until they have sent their own part. and if they fail to respond, your currency is sent back to you.

take for instance, i want to but STM with Naira, if i, flames, created a smart contract on streamdesk, by sending #30,000 which is the value of the STM i want to buy, for the seller to get my money, he has to send the equivalent amount of STM to the desk, to unlock the smart contract. After both of us have responded, then we are both sent what we desire. meaning, if he fais to respond, my money is sent back to me.

So i dont have to worry, my money is safe whether its in the smart contract, or with me.

Another wonderful thing you can't get anywhere is the fact that streamity operates at a fixed price which is automatically generated from the currency exchange site. so you don't have to worry about being extorted, that has been taken care of.

How will Streamity help mass adoption of cryptocurrency?
wow...there is going to be a mass adoption of Streamity. and here is why i believe so.
In some countries, where you can't trade your cryptocurrencies, with banks, in order to get fiat, they go through extorting transaction fees before arriving at their useable currency.

With the advent of Streamity, you can convert whatever cryptocurrency you have into any currency you want with security and also without being cheated.

HOW DOES STREAMITY ACHIEVE THAT?

Streamity operates at a fixed exchange rate. the exchange rate is autimatically generated from the exchange websites. Also, you have smart contracts on stream desk, not people acting as escrow this time.
you also have very low transaction fee with close to 0 for fiat transactions and about 0-2% for cryptocurrencies.

#jawdrops...isn't that just amazing?

How does giving people the ability to use FIAT lower the barrier to entry?

There are times, i wanted to sign up a few of my friends to steemit, for the instant sign up. But it needed steem. which i didn't have because i was new t the crypto-waters and don't even know how to navigate and find my way around it. But now, i can use my own cash on Streamity. It would make a lot of newbies flock in.

Most people give up at the entry level because sometimes,they don't even know which of the currencies to use to sign up. and when they even know, the stress of going to convert fuit ot the currency, befire now signing up, mehhhn! its really not funny.

I mean, we are in a fast, smart world. so the quickest way to get it done is the most acceptable and that's what streamity is all out for.

STREAMITY IS FAST, EFFICIENT, RELIABLE AND SECURE Plus it offers you learning tools as perks.

I see a Market place either on Streamity or Streamity acting as gateway, where you can purchase goods and services. take for instance, I open an online store where i sell clothes, books, computers and other stuffs and i also make it one that anyone can come, post what they have to sell, attach their price, an online decentralized market place where everyone can bring their goods and put it up for sales, ranging from companies to technologists, to agriculture to services and even real estate and agriculture and then It is existing or using the Streamdesk as its payment platform. All currencies are available for trading. isnt that amazing?

here is link to the main contest by @originalworks

#streamity2018

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Woow, you broke it into a very understandable particles.
#Decentralized World Bank indeed

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