Cryptocurrencies have come a long way since inception a decade ago. Trading on them via centralized and decentralized exchanges provide a medium of access to make the use of crypto coins easy for everyone. Despite the proliferation of many coins such as cryptocurrencies and alternative coins (altcoins), it has always been a daunting task to conduct transactions on some crypto exchanges.
xCrypt is a new cryptocurrency exchange that hits the crypto community with a bang. For one, the platform has the necessary features to scale transactions without hassles. It’s interesting to note that this exchange is keen on disrupting the current mode of transactions with the aim of instituting a new and scalable way to trade on cryptocurrencies.
Loopholes in Crypto Exchanges
Although cryptocurrencies are already in use in fiat environments for the purchase of goods and services, the majority of the transactions still stem from cryptocurrency exchanges. Contrary to this expectation, available platforms are embroiled in diverse issues that bring limits to the success of transactions on them.
A high fee puts off traders from making use of some of these exchanges. There’s also the inability of these platforms to offer innovative services that will keep investors focused on them. This brought about the exodus of traders and investors alike to other cryptocurrency exchanges that offer impressive services.
The xCrypt Solution
The importance of this project cum cryptocurrency exchange (xCrypt) is to facilitate the transaction and curbing the incessant issues that play a role in reducing the relevance of cryptocurrency exchanges. As an investor or trader, you stand a chance to benefit from the following features offered by xCrypt.
● Zero Fees
Note that most exchanges charge fees to keep up with the running of their platforms. Nevertheless, this doesn’t imply that they shouldn’t charge any fees at all. The idea behind xCrypt’s zero fee structure is to reduce the inordinate charges that traders have to pay before their transaction goes through.
● Multiple Security Features
Incidences of hacks tend to put users’ assets at risk. xCrypt solves this issue by using diverse security structures on a hybrid architecture. To that end, you’re sure that your assets won’t be at risk.
● Friendly Interface
Near-professionals and newbie to the crypto-sphere may find it hard to conduct trades without hassles. From reading graphs to predict the outcome of transactions and taking account of the Order Book, it could be hard to make a nice prediction of the outcome of transactions at the end of the day.
As a solution to this issue, xCrypt instituted a user-friendly interface that makes use of an advanced/easy-to-read graph to make it easy for traders to check the streak of transactions.
● Support for Multiple Tokens
In order to create a new ecosystem of cryptocurrency transactions, xCrypt makes use of a dual-token system – the ERC20 and ERC721 token standards. By this formation, the exchange supports security tokens, which is a nice way to gain the trust of investors.
● Educating the Public
The exchange also has the success of its users in mind. This is the reason why it collaborates experts in crypto trades to conduct webinars for traders on the platform.
Everything about the blockchain technology and cryptocurrencies is encryption. This is the reason why it “masks” transactions against third-party infiltration.
● Reward Mechanism
xCrypt takes the niche higher with the integration of the “Ranking Airdrop System”. This reward mechanism offers token incentives to members that qualify/fulfill requirements for the reward.
Platform: Ethereum (ETH)
Token Type: Utility
Exchange Rate: 1 XCT = $0.1 USD
IEO Launchpad: IDAX Launchpad
Accepted Currencies: Ethereum (ETH), Bitcoin (BTC), Euro (EUR), Bitcoin Cash (BCH), United States Dollars (USD)
Soft Cap: $1.5 million USD
Hard Cap: $7 million USD
Country of Registration: Malta
Xcrypt Project Roadmap
A New Dawn in Crypto Trades
Without an iota of doubt, xCrypt has all it takes to bring about a revolution in the crypto community. The takeaway from its wide range of services is the support for security tokens, which makes it possible to integrate both ERC20 and ERC 721 token standards. Moving forward, xCrypt is a cryptocurrency exchange to watch out for, because it has the features to wrestle power from traditional crypto exchanges.