Extons.io Exchange Review (Your Reliable Platform)

What is a Cryptocurrency?

Cryptocurrency is a form of digital money that is designed to be secure and, in many cases, anonymous.

It is a currency associated with the internet that uses cryptography, the process of converting legible information into an almost uncrackable code, to track purchases and transfers.

The first cryptocurrency was bitcoin, which was created in 2009 and is still the best known.

There has been a proliferation of cryptocurrencies in the past decade and there are now more than 1,000 available on the internet. Bitcoin soared as high as $20,000 at the end of 2017 before crashing back to around $10,700 at current price (October 6, 2020).

What is a Crypto Exchange?

A cryptocurrency exchange, or a digital currency exchange (DCE), is a business that allows customers to trade cryptocurrencies or digital currencies for other assets, such as conventional fiat money or other digital currencies. A cryptocurrency exchange can be a market maker that typically takes the bid–ask spreads as a transaction commission for is service or, as a matching platform, simply charges fees. There are two types of Cryptocurrency Exchange: centralized exchange and decentralized exchange.

Centralized exchanges are trading platforms that function like traditional brokerage or stock markets. A CCE is owned and operated by a company that maintains total control over all transactions.

Much like cryptocurrencies, no companies operate DEX, as they are utilizing blockchain (distributed ledger) technology. In this way a DEX does not hold customers’ funds, positions, or information, and only serves as a matching and routing layer for trade orders.

What is Extons Exchange?

Extons Exchange is a centralized trading platform that brings users to a community where they can trade all types of currencies and be vast in the use of other blockchain features that are very beneficial.

This platform serves as a multicurrency platform where all currencies can be exchanged on its exchange and a lot can be done with the exchanged money as the traders wish. All types of transactions can be done by the users without the quality of the transactions reducing. It accepts different types of cryptocurrencies and make traders able to use their fiats in the digital world also.

What are the advantages of Extons Exchange?

1. High Liquidity

Liquidity refers to how easily an asset can be bought or sold at a stable price on a given market. The quicker you can sell off an asset as close to your asking price as possible, the more liquid an exchange is considered to be.

Extons Exchange is one of the largest exchange by usdt volume in the world so we are among the top exchanges by bitcoin and other cryptocurrencies liquidity.

1. User Experience

Extons Exchange has decided to be unique and alot more useful by improving it's ecosystem and ensuring users get the best experience as they should by giving them the best of the blockchain features and ensuring the smoothness of all the transactions.

1. Safe and Secure

Extons Exchange adopts an advanced multi-layer and multi-cluster system architecture to ensure the security, stability, and scalability of the system. Its blockchain nodes apply hot/cold wallet technology while the operating modes of secret keys and addresses are optimized according to the features of blockchain to ensure the security of users' assets.

What is TONS token?

EXTON.IO also has its own native cryptocurrency called the TONS token.
This token is created on the Tron Blockchain, as a TRC-20 token, to facilitate the operations on the system.
Payments and other transactions on the EXTON.IO exchange are achieved using the TONS token.

ROADMAP

CONCLUSION
With the rise of DeFi, scalability problems are also seen with different DEX which is very stressful for users or traders. Thе EXTONS.io cryptocurrency exchange platform іѕ еxасtlу whаt іѕ needed аt thіѕ point іn time, tо bring efficiency іntо thе cryptocurrency industry. Users саn nоw trade thеіr digital assets easily, whіlе аlѕо enjoying thе benefits рrоvіdеd bу thе system including scalability and low transaction fees.

Official Links
Website : http://www.extons.io
Whitepaper : https://www.extons.io/whitepaper
ThisOption : https://thisoption.com/
Medium : https://medium.com/@thisoption.com
Facebook : https://www.facebook.com/thisoptionexchange/
Telegram : https://t.me/thisoption

Authorship
Bitcointalk username : brokenpaper13
Bitcointalk profile url:
https://bitcointalk.org/index.php?action=profile;u=1847043