Hi Friends

I recently came across a new initiative called the WCX: a global low-cost digital currency exchange platform. They'll launch the platform on September 10th, 2017. WCX will offer 10x lower fees than other exchanges, at least that is what they claim on their website. Furthermore, WCX offers a range of benefits in comparison with other exchanges:

Tiny Fees. Some exchanges charge up to 1% in fees on every transaction. WCX is 10x cheaper and market makers are paid. That means more money stays in your pocket.

Secure. 98% of customer funds are kept in cold storage at all times. Server infrastructure is segregated and protected with the latest security software.

Built For Scale. Our trading engine was built by Wall Street veterans and field tested for three years, relaying over one million transactions per second without hiccups.

Radically Better User Experience. A unified and powerful trading dashboard means WCX feels fast, fluid, and intuitive on both desktop and mobile.

Awesome Customer Support. Our scalable customer support team is ready to answer your questions whenever you need to ask them, even in times of high traffic.

Global & Anonymous. Start trading wherever you are in the world – no ID verification required. WCX operates entirely with digital currency and does not deal with banks.

Advanced Order Types. Easily submit market, limit, stop, trailing stop, and block orders that work exactly as you expect – with unmatched execution speed.

High-Performance API. Trade programmatically by connecting directly to WCX through REST, WebSocket, or FIX for high frequency traders.

Team. Our team comes from Apple, Deutsche Bank, and IBM, and has decades of experience in building secure, distributed, and massive-volume systems.

Source: WCEX.com. If you want to know more about this project, make sure to check their website.

This trading platform looks pretty exciting, especially because you will always gain interest by holding the WCX tokens. This makes it less probable for dumps to happen and it can drive up its value. However, the development team makes me a little nervous. As you can read above, their team consists of former employees of Wall Street, Apple, Deutsche Bank and IBM. Of course, this tells a lot about their experience, but you never know how those ties work out in the crypto world.

Anyway, I still decided to sign up to see how the platform will perform after launch. If you sign up now, you get 50 free WCX tokens, worth $5 USD. If you're interested, make sure to sign up as well via this link.

Let me know what you think about this project. Do you trust it? Does it hold a lot of potential? Or is it one of many projects that started just because of the ICO hype? Be sure to tell me your opinion in the comments below.

Thank you for reading! If you enjoyed this post, don't forget to upvote, resteem and follow me @rvanstel for more content like this. For now, have a nice day!