PRELIMINARY

A digital asset is any text or media that is formatted into a binary source and includes the right to use it. Digital files that do not include this right are not considered digital assets. A digital asset can range anywhere from motion pictures to documents and any other type of data. The use of digital has grown exponentially since its debut in 2008; it reached an all-time high of $20,000 in December 2017.

Cryptocurrency uses an encryption procedure to control the generation of units and validate the transfer of assets within seconds, unlike the traditional method that is time-consuming. Traditional banking methods are faced with numerous complexities that will be mentioned by me as we proceed.

INTRODUCING XCH4NGE

#xch4nge is a state of the art peer to peer (P2P) digital asset exchange whose core purpose is to abolish current complexities faced by traders, they envision to be the one stop shop for everything cryptocurrency. With this modernized invention, traders can now carry on with their daily buy and sell transactions without any complications. Xch4nge will be the bridge linking cryptocurrency traders and also give users the ability to utilize cryptocurrency usage to its fullest. buy bitcoin

Unlike already existing cryptocurrency peer to peer exchanges, #xch4nge will allow its users to purchase digital assets with FIAT (government issued cryptocurrency.). Users can instantly swap one cryptocurrency for the other without the fear of high transaction fees, the algorithm and consensus protocol is top notch which makes them capable of executing multiple transactions per minute. buy ripple

Numerous coins are already listed on #xch4nge platform which includes; bitcoin, litecoin, ethereum, ripple, bitcoin cash with more to be added before June 2019. There will be multiple cryptocurrencies to choose from with exotic pairs as well, trading just became more exciting, convenient and profiting for both masters and newbies in the crypto space. A user can instantly buy ripple from China or Africa and sell it to another user in Russia or India. buy eth

It is expected that users face one issue or another, owners of #xch4nge will provide 24 hours’ human support to deliver answers to complain, unlike traditional exchanges that use bots without real results at the end of the day. It is important to note that users will have to go through KYC (know your customers.) and AML (anti-money laundering) checks to avoid criminal masterminds. buy ltc

#xch4nge has top notch security agencies that are best in the business running checks on a regular basis to avoid being victims of hacks like most exchanges, as we all know there is a great exchange that got hacked just last month. Adequate liquidity is also a problem to reckon with, with xch4nge there will be surplus buy and sell orders waiting to be filled. buy bch

PROBLEMS WITH EXISTING DIGITAL ASSET EXCHANGES

Since the debut of the blockchain technology, numerous cryptocurrencies have been created, these coins or tokens developers face a lot of trials with listing on exchanges. Centralized cryptocurrency exchange is those exchanges where buyers and sellers (traders) meet to exchange digital assets (a vast range of cryptocurrencies) and FIAT (Government issued currency.). Most centralized exchanges charge extortionate fees for listing, the problem of low liquidity, users don’t get the best customer experience, and cases of frauds, hacks, and loss of funds deposited are reported on a daily basis.

Most digital asset exchanges both centralized and decentralized that are not security conscious unknowingly gets hacked because they fail to pay top security agencies to run regular checks to ensure the safety of funds in their exchange, and users lost their pre-deposited funds on the exchange due to this their inefficiencies, if asked I will confidently say that security should be the topmost priority of any exchange.

Without setting the right security parameters in place users get phished when they try logging into their accounts. Accessing accounts, making deposits and withdrawals, transferring funds, trade executions consumes the time of users in most exchanges and this can be frustrating when there is an urgent need, most times users lost profit due to such delays. KYC/AML (Know your customer/anti-money laundering.) procedures is a major issue, and it takes weeks and sometimes months to get verified on most exchanges.

ADVANTAGES OF CHOOSING TO USE XCH4NGE

1. Security of users funds.
2. Instant update of the order book.
3. User-friendly interface.
4. High-tech infrastructure.
5. Peer to peer transactions.
6. 24 hours’ customer service.
7. No hidden service charge.
8. Absolute control of customer’s funds.
9. Instant trade executions.
10. Ability to use the digital asset as you use FIAT.

CONCLUSION

Conclusively, it is safe to say that #xch4nge will be the needed change in the history of exchanges (centralized and decentralized exchange combined). Millions of users around the globe can securely purchase and sell a digital asset in a user-friendly and easily navigable exchange with great liquidity.

XCH4NGE CONTACT INFORMATION FOR LATEST NEWS & UPDATES

★WEBSITE
★ TWITTER
★FACEBOOK
★ TELEGRAM
★LINKEDIN
★INSTAGRAM

ARTICLE PUBLISHED BY TIVERE AKPORODE

★ BITCOINTALK PROFILE: TIVERE