Cryptonity Exchange : World's premiere cryptocurrency exchange upholding community interest

deodivine (47)in #ico • 6 years ago

Trading has been a very vital activity in human existence from time immemorial. The invention of cryptocurrency from blockchain technology few years back was a great milestone in digital evolution, but there was need to trade these digital assets hence exchanges were enacted. Crypto exchanges set in to enable trading of cryptocurrencies with others and FIAT too. The existing crypto exchanges have helped a great deal in trying to achieve the original purpose of their creation, but there exist many drawbacks. A team of experienced intellectuals looked into the loopholes of the existing exchanges and came up with a long lasting solution, Cryptonity Exchange.

There are many pressing drawbacks which led to the enacting of Cryptonity. Security issues which can be seen from hacks of some exchanges leading to loss of funds is a thing to worry about. High trading and withdrawal fees is another appalling factor. High Listing fees is not left out because it leads to fewer trading pairs in exchanges. Some exchanges have very poor user interface, and that's one of the things I detest most in exchanges. Slow speed of operation stemming from scalability issues is a hard nut to crack. Lack of apps for various operating systems, especially mobile based operating system like Android and IOS is a deterrent factor because many people trade from their mobile devices. Trading manipulations is another obnoxious factor, transparency has been sent to the drain for most exchanges, since profit maximization is the sole aim of most exchanges leading to pump and dump of coins and tokens by exchange personnel . Very poor customer support caused by negligence and nonchalant attitude of exchange support team also needs to be ameliorated . I remember having withdrawal issues on an exchange months back and got my tokens only after a week due to the poor customer service of the said exchange. Who will want to trade in an exchange posing many drawbacks especially contrary to community interests?

CRYPTONITY EXCHANGE AS THE SOLUTION

Cryptonity Exchange was birthed to curb the drawbacks posed by existing exchanges. Most exchanges are profit centric, meaning they care more about making profits from trading, withdrawal and listing fees and less about the community. It is pertinent to note that, without the crypto community, there will be no cryptocurrency exchange hence there is need to ameliorate the current drawbacks. Cryptonity Exchange promises to be 100% community centric, putting the crypto community first before any other thing. Many might be wondering the origin of the word cryptonity, it's a combination of crypto and community, hence reflecting the vision and purpose of its creation. Customer service and support will be at its best 24/7. There will be communication channels where users will interact with each other and the cryptonity team. Creating a troll box for everyone is a great step because it provides an avenue to get quick assistance when need be. The existing promises to embed multiple languages to suit users all around the globe.

Cryptonity Exchange is the first to come up with a sound refund policy by embedding insurance in cases of loss. This sounds so good to be true but it's made possible by Cryptonity. Users can be rest assured that their digital assets are safe with the very tight security measures of this outstanding platform. Forks, Airdrop, masternode features will be embedded in the exchange, you can check that from their roadmap as there are solid plans on ground to achieve all that.

Cryptonity Token , XNY, which is an ERC-20 token built on Ethereum blockchain is the official token of the exchange and will go a long way in ensuring the project vision is attained. Holders of XNY will have a lot of benefits, for instance there will be 50 percent reduction of fees for holders of XNY who will choose to pay for fees with XNY, and also holders will be given the privilege to vote for the community coin of the month. In essence, Cryptonity Exchange gives back the power to the community.

XNY TOKEN SALE INFORMATION