RIPAEX.IO HYBRID EXCHANGE OVERVIEW

in #cryptocurrency6 years ago (edited)

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Ripa Exchange is a hybrid decentralized exchange with a focus on lowering the entry-level opening of new exchanges and providing crypto traders with secure trading partners for their daily work.

Despite the efforts of exchange managers offering efficient, reliable and easy-to-use trading platforms, entry prices for building such platforms amount to EUR 250-300 thousand, and this does not include personnel costs to provide platinum customer support, platform infrastructure and daily business expenses. All this in order to have a decent exchange platform, for which you will have to pay external software to make changes as you request.

The goal of this project is to provide an open source, efficient, reliable exchange platform and the necessary liquidity for the newly created exchange from day one. This is all so that you can focus on finding customers, providing platinum support and complying with all the major laws in the industry.

Development team
The RipaEx team believes that, despite recent events in the world of crypto-conversions, it is still expensive to open, manage and build trust in the created exchange, not only in order for resources to need a reliable exchange platform, but also to build the platform and search for liquidity, necessary to run a profitable business during the first 5 years of work.

Action is needed, and action is needed now. Users are frustrated by the unreliable exchanges that run off with their funds. They will be hacked or not sustained by the growing industry today.

What is this solution?
This will be a new ecosystem designed to make a cryptocurrency exchange. There will be a great environment for its sale. Thanks to the use of modern blockchain technology, all operations are safe and efficiently performed. Another notable feature of this system is the absence of third parties and other interested parties. Here all cooperation will be the most profitable for all participants in transactions.

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Main characteristics of the project
Let's name key characteristics of the project:

  • The source code will be completely open. The system will be absolutely free for all managers. The fee will be charged only for the server, also the work of the call center, security support. All settings can be easily made directly in the source code. All base databases will be licensed. A great solution to start a personal exchanger. Today it is one of the most common and most popular ways to make money.
  • High security. Provided transactions and transactions will be protected much better than in existing financial institutions. For the work was used encryption keys. The whole design is very simple and good. The user interface is quite simple and everyone will be able to understand it without much effort. All sorts of operations have been carried out in order to make the environment as safe and reliable as possible for the end users to use.
  • Exchange for businesses and corporations. The ability to conduct exchanges by different organizations also includes a very large functionality and features. There will be authentication using SMS messages.
  • Trading interface As already mentioned, the interface will be as convenient and simple to use as it allows operations to be performed as quickly and efficiently as possible. The ability to open and withdraw deposits, as well as to audit their solvency.

Project Functionality
To date, it is planned to make the following functions in the system:

1 carry out the exchange of cryptocurrencies.
2 integration with the most important social networks.
3 support for many cryptocurrency markets.
4 compliance by users.

Options in the near future:

1 expanding the work of wallets.
2 expansion of functional and technical characteristics of the platform.
3 the ability to exchange regular cash for cryptocurrency.
4 use of cards for working with the platform and other financial instruments.

Ripa Exchange is a centralized exchange that will be converted into hybrid-decentralized exchange to create a network of exchanges that share the same liquidity between each of them. This will all be done with the goal of offering liquidity to end users from the 1st day of trading with exchanges.

To offer centralized exchange PROs, such as platinum customer support and FIAT exchange, with all decentralized exchange PROs, such as liquidity, without CONs of both of them, you need to perform an intermediate step in which Ripa Exchange will be converted to hybriddecentralized exchange and during phase 3 The project (WP4-6) will provide all the functional and technical analysis needed to make the next phase on a solid basis and offer an open, safe and effective exchange to the RipaExcommunity.

Tokens
The system's internal token is XPX. It is used to conduct all transactions and transactions in the system. With it you can easily be on the platform. For its development was used the newest technological solutions. It is planned to release 115 million tokens, which will soon be available for sale. So, to hurry to grab yourself at least a couple.

Conslution
Quite an interesting decision that necessarily deserves attention. This is the first of its kind exchange for the sale and exchange of cryptovalues, which guarantees so many benefits to end users. With this solution, anyone can create their local exchanger and earn good money. It is promising and profitable. Soon, without leaving your home, you will be able to live simply for your pleasure. For detailed acquaintance with the platform, it is recommended to visit the official site and read the technical documentation. It is there that he described in detail all the protocols that are used to operate the system. What can I say, the ecosystem is worthwhile. You can invest and then make good money on it.

Website: https://ripaex.io/
WhitePaper: https://github.com/RipaEx/whitepaper/raw/master/eng/RipaEx_WP_EN.pdf
BitcoinTalk: https://bitcointalk.org/index.php?topic=3759172
Telegram: https://t.me/ripaex
Twitter: https://twitter.com/ripaex
Facebook: https://www.facebook.com/ripaex

My profil bitcointalk: https://bitcointalk.org/index.php?action=profile;u=2421155

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