XCH4NGE - More than P2P Cryptocurrency
Cryptocurrencies and other digital assets bring the revolution in the financial ecosystem.
Only in 2017 digital currencies market capitalizations grew by 3171% to $700 billion.
Unfortunately, cryptocurrency growth provoked negative reaction from traditional banking system. Conservative institutions have closed traders accounts and exchanges, spread misinformation in the media, and forced the implementation of sophisticated procedures.
But in fact, cryptocurrencies open huge economic and investment opportunities. However, many people stay aside because of lack of information and security concerns. For example, opening trading accounts on exchanges can be quite a difficult task for “green” users. Many exchanges restrict new accounts registration or require users to pass verification procedures by submitting pictures of their passports online.
So, currently centralised cryptocurrency exchanges suffer from security risks, long waiting and unreasonable requirements. Thus, they are very difficult for potential users to enter, not to mention business malpractices, including insider trading, pump and dump, deceptive pricing.
As long as these problems exist, there will always be a demand for honest P2P marketplaces providing direct access between buyers and sellers, which is the truest free market trading form
In order to remove brokers and third-parties, it leaves all the work on the nodes participating in the trade. Traditionally, once you generate the sell or purchase order, you forget about them and the automatic trading engine automatically matches your order with the optimized buyer.
But peer-to-peer model leaves a lot of manual work on the users. Instead of matching the orders, this exchange system matches the people. Sell/purchase order in the network won’t be picked up by the system. A buyer would have to click on the link and notify the seller that he is interested in buying the sale order and in return the seller will have to keep on checking if any buyers have shown interest in purchasing the released sale order. Many of the P2P platforms used this idea on their operation, one of them P2P platforms is XCH4NGE.
XCH4NGE is a decentralised marketplace allowing buyers and sellers to trade directly in any cryptocurrency using any method of payment.
XCH4NGE provides a safe, easy and fast peer-to-peer (P2P) trading platform to freely exchange assets without unnecessary verification procedures.
Advantages Of P2P Model Exchange :
The buzz around the decentralized system is not a facade. It exists, in reality. And here are the reasons :
✓Cheaper Cost Of Operation : Again, the influence of people in regular exchange would mean extra spending. On the other hand, P2P exchanges are run by the software. The software doesn’t demand the transaction or brokerage fees. The transactional fee is optional in trading cryptocurrencies. No fees for buyers.
✓Privacy Sustenance : The central exchange system asks every minute details about the enroller. The government has been enforcing KYC regulations which mean that they have all the details. In the case of P2P, the government can’t apply brute force to KYC process. So, all the transactions can be conducted anonymously.
✓Secure Channel : The P2P exchange is secure because it doesn’t store the cryptocurrencies for its users. It just makes the sellers and buyers meet. This minimizes the counterparty risk.
XCH4NGE provides advantages that are not given by other platforms. Firstly, a lower commission for each transaction between the buyer and seller. Secondly, No fees for buyers, so you can feel happy for buying on XCH4NGE. and thirdly, If you wanted to do withdrawal, also consider their withdrawal fees, because it's the lowest one. Fourth, dedicated customer support that can help you to fulfill your needs.
Crypto to Crypto Trading
XCH4NGE platform will also allow Crypto to Crypto trades. We will provide our traders with the option to trade one cryptocurrency for another. Since the Platform will support many cryptocurrencies in user’s wallets, the Crypto to Crypto trade will be made entirely and securely through the Platform
Trade Any Coin
Most exchanges don’t list every single altcoin, and they only include major cryptocurrencies that can afford a gigantic listing fee. Some traditional exchanges offer more choices than others, but even sites like other platform have limits on what can be traded, and various coins may be out of service at any given time.
XCH4NGE is now available in 241 countries worldwide with 18 different payment methods. As if that’s not enough, we’ll be complementing our expansion by adding an additional 5 currencies. By registering on XCH4NGE u can trade some cryptocurrency like Bitcoin, Litecoin , Ripple , BitcoinCash , and Ethereum.
Payments
When XCH4NGE launched, the only method of payment supported was direct bank transfers. While this was fine in the UK, needed to think bigger for our global roll-out. To that end, we’re providing increased flexibility for all users with the addition of 18 payment methods, including WeChat, AliPay, cash, and more.
Security and Availability
XCH4NGE will implement latest security measures and techniques, thus ensuring security of the trade transactions. The Platform will also become available in the Onion network in order to ensure anonymous and uninterrupted access. XCH4NGE do not hold any coins for their users - instead, they connect traders, allowing them to conduct deals directly. Not having to entrust your coins to a third party makes the process much safer.
We can’t wait to show you what else we have planned. Sign up today at www.xch4nge.com !!!
Telegram : http://t.me/xch4ngecommunity
Twitter : https://twitter.com/xch4nge
Facebook : https://www.facebook.com/XCH4NGE/
Instagram : https://www.linkedin.com/company/xch4nge/
Author : hanungcuy
Bitcointalk Profile Link : https://bitcointalk.org/index.php?action=profile;u=2061725
Comments
Post a Comment