EXTRADECOIN - An Exchange For Trader & Gamer

in #ico6 years ago

Right now i am here to  introduce you a new cryptocurrency exchange that aims to be exchange for  trader and gamer. The platform lead by Mr. Duyen Tran and named Extradecoin.  

Commonly Problem in Today's Gaming Industry   

  • Gamers need to go  through intermediaries/ 3rd parties to make a payment in game e,g Banks,  Financial companies and etc. This causes high transaction fees, long  transaction times. The higher the volume, the more transaction costs are  incurred. 
  • Many payment methods  are not accepted worldwide or in some countries of the world. The  regulations for international transactions are quite complex. 
  • Deposit/withdrawal limits. 
  • Gamer's security is  rather low. Account information is vulnerable to hacking or the risk of  being exposed by game developers (aka private information trading) 
  • In traditional  games, the digital assets that gamers possess are stored on the  developer's server, i.e., the gamer does not own it, and game developers  can interfere or delete the player's account at any time without any  reason or warning. 
  • Transfers between players are limited.

About Extradecoin
The  Extradecoin blockchain crypto-currency ecosystem is basically all about  a platform project focused on trading and making project amongst  themselves as traders. The platform is unique as a platform for  reliable, trustworthy and functional trading operations for users in  general. Extradecoin is also a platform for gamers and game publishers.  The platform defines the relationship of trading among traders, gaming  among gamers and also developing among crypto developers. it is a wide  reach out point of new instincts to trading on the cryptocurrency.

Extradecoin Features 

 The  Extradecoin platform navigates with unique functional features which is  designed with at meeting the needed requirements of the platform and  its users preference. These features include;  

  • The Exchange(  Security) : The Extradecoin platform uses the amazon web services  framework structure for its security processes and  operations.Thus,”Extradecoin systems requires account authentication,  client identification, and 2FA security to log in. Different individual  systems cannot interact with each other unless approved and  monitored”(extradecoin.com, 2018). 
  • The MultiSignature  Wallet : The Extradecoin coinage is equipped with a multisignature  wallet system which is very advanced for private security functionality.  The wallet is developed as a sequence to own two private keys.Hence,one  of the keys is for the user and the other for the Extradecoin  blockchain platform; which is stored on another decentralized server.  This creates a high technology framework system and architecture and  maintains a sequentially combined niche for user safety anagrams. 
  • Margin Trading : The  Extradecoin coinage provides the place of margin trading for users.  This means and implies that all users have a place of leverage when  trading on the platform. However,a little token fee is paid when such  transactions are carried out with great profits in the process. This  also depends on when the investor made the transaction deposit and  amount. 
  • Token Play : The  token play encloses the whole Extradecoin platform gaming structure  which the user can enjoy on the platform. Below is the diagramatic  depiction of the Extradecoin token play framework.

Extradecoin Main Function
Extradecoin  will allow investors to spot trades through limit orders and market  orders. In addition, the company will support margin trading with  high-margin companies that are integrated with the loan platform. In the  near future, Extradecoin will also build decentralized exchanges.  Through a decentralized platform, investors can transact cryptocurrency  without restriction. Extradecoin will develop new trading models,  including transactional decentralization in Blockchain to meet different  investment requirements.

Cryptocurrency News Updates
The  latest news on the cryptocurrency market as well as the latest  breakthrough technologies will be updated in the "News" section to  provide a multi-dimensional picture and detailed market information to  investors.

Offline and Online Training
To support new  investors who may not be familiar with cryptocurrency and to improve  transaction efficiency, Extradecoin will launch Online and Offline  training courses. Investors coming to Extradecoin will be trained in  market knowledge, trading skills and have the opportunity to meet with  professional traders.

Report analysis and evaluation
Periodic  reports on the cryptocurrency market will be developed by professional  analysts with knowledge of current technology and who have long-term  investment experience in the market. At the same time, Extradecoin will  execute a detailed review of ICO lists on the trading platform to help  startup companies. It will also help identify potential ICO projects  that have sufficient quality and profit potential for our customers.

24/7 customer support
To  bring the best quality of service to our customers, Extradecoin will  deploy multiple customer support channels that will operate 24/7 to  answer questions, help new features of website features, receive user  feedback, assist in handling transactional issues and notify customers  if
a problem occurs.

Borrow Platform
To increase  profitability for investors, Extradecoin will play the role of an  intermediary, in a platform that connects lenders and borrowers.  Investors may have unused cash in their Extradecoin wallets so they can  lend each other to earn an additional monthly income. Investors, who  want to increase their capital and seek new investments, can contact  Extradecoin to find suitable loans.

Margins mechanism
Investors  who want to borrow money on Extradecoin need to find suitable loans  based on platform rules. The requirement to borrow is that investors  should at least have the least amount of coins they want to borrow. This  is the margin to be used to guarantee investor loans. The borrower will  be able to get a coin loan with a registered coin and, at the same  time, the interest will be paid by the coin that is registered back to  the lender. For example, an investor holds the ETH; they can borrow an  ETH loan at ETH and pay monthly interest using ETH. Investors can borrow  up to the amount they deposit, which means they will have twice the  amount and investors can use all this money to trade. Every month, the  investor must pay interest in accordance with the terms of the loan.  Interest will be deducted directly from the borrower's account on the  date of interest payment. On the maturity date, the investor must pay  both the principal and interest as agreed at the beginning, plus 1%  transaction fee.

Extradecoin Customer
Extradecoin is intended for certain customer groups:  

  1. Investor :  Extradecoin will help investors to get the most crypto currencies  available on the market. The company offers services with the lowest  commission, minimum waiting time for withdrawals, fast transfers from  the process and placement of orders immediately. 
  2. ICO developer :  Extradecoin supports new ICO projects in the opening process and  requires funding. The company assists clients in selecting and investing  in ICO projects. The company also helps investors to resell tokens,  even though the ICO project is still ongoing. After the ICO is complete,  investors can continue to trade this coin at Extradecoin. By doing  this, Extradecoin helps expand the ICO community, which increases  liquidity and token value. 
  3. Gamers : Token Play  is a place where gamers can entertain and profit from the game. Playing  our game on TokenPlay, Gamers use coins to exchange in game services.  TokenPlay will have high information security. At Extradecoin, people  can also be players and investors at the same time.

Extradecoin is aimed at  increasing the profit of its investor users. Also Extradecoin supports  them in trading margin on the platform. This trade will allow the trader  to open a position with a lever; they can trade margins with a doubled  deposit amount. In addition, investors are required to pay a margin.  This fee will depend on the time that the investor spend on the  transaction and on the amount of the deposit.   

Token Details
The  ETE token is the ERC20 token utility utilities, which serve as a means  of using the Extradecoin platform. This token will allow owners to use  all the functionality and tools of the platform. Investors can use ETH  to purchase ICO tokens. These ETHs will be transferred to ICO managers,  and they will pass the token back to the investor. When ICO is over,  investors will be able to use it for trading on Extradecoin.  

  • Token Name - ETE 
  • Standard token - ERC20 
  • The total number of tokens issued is 250,000,000 
  • The price of the token for pre-sale: 1 ETH = 6000 ETE 
  • Bonus - 20% 
  • An additional bonus when buying for more than 100 ETH, the bonus will be 30% 
  • Accepted currency is ETH 
  • Cost of the token on the ICO: 1 ETH=5000 ETE 
  • The bonus will be 10%.

Token Distribution 

I think that's all  for the introduction of this platform. I believe with the innovative  solutions that offered, the platform can be promising in the future.

Do not hesitate to follow below links if you need further informations:


Website | Whitepaper | Ann Thread | Twitter | Telegram


Posted by:
Bitcoin Talk  username : maniak kemsut
Profile Link : https://bitcointalk.org/index.php?action=profile;u=2132482
Wallet : 0xD1182fe4B8ae5E4D7801f6B851374E3F3A2d6A04
 
Thank you & love to see you back! 

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