CRYPTONITY EXCHANGE: A EXCHANGE OF TRUST

moneybomber (41)in #crypto • 6 years ago (edited)

In the recent past, there are more crypto-exchange projects coming than the independent ICO's. I guess maybe this is because of the bearish market but it also reflects that we are still far behind than some decent crypto exchanges who can quench every need of the customers. I know it's a huge task to be done but at least exchanges can strive to achieve a certain optimum level if they have a Will to.

The persisting paradox with the crypto exchanges is that they don't comply with their own WP & manifestos after the launch of the exchanges. They become greedy & step aside from the needs of their customers.
There are many areas where an Ideal crypto exchange can look up to.

First is the security concerns then comes the trading & transaction fees, secondly the availability of many tradings pairs not only the coins who can pay you big bucks.
Also Many other issues like delay in the processing of withdrawals, nonavailability of FIAT-CRYPTO pairs etc.

Why Cryptonity Exchange?

#Cryptonity Exchange will be different from many prevalent exchanges. I tell you why, after reading the WP & doing other research one thing I can assure you that the way they told about their vision, it shows that the TRANSPARENCY they wanted to maintain b/w the #Cryptonity exchange & customers.

This exchange will be driven by the Community as the name also suggest i.e. Crypto+Community. it's a huge +point also they are claiming to be fully reliable, compliant & credible to their users, unlike many exchanges. Now let's talk about the solutions #Cryptonity exchange will provide.

#Cryptonity has aimed to provide the most comprehensive, secure, transparent and collaborative exchange platform in the market.
Out of them, SECURITY will be the at the highest priority. To achieve this goal they are working with top-notch security experts.

Another distinguishing feature that they are implementing is the various communication channels to interact with their customers in order to develop the dynamic exchange for the future.

#Cryptonity Key Features at a Glance:

1- Dynamic User Interface: #Cryptonity is developing several interfaces for the different platforms.

• Web-based trading client ( Windows, Linux etc.)
• Android & iOS native client
• Mobile HTML5 native client
• Rest API

2- Multilingual Support

Initially, 4 languages will be supported on #Cryptonity Exchange. They are English, French, Chinese & Korean.

3- Trading Pairs

At the initial phase following 4 coins trading pairs will be supported.

• Bitcoin (BTC)
• Ethereum (ETH)
• Cryptonity Token (XNY)
• Tether ( USDT)

4- Transaction & Withdrawal fee Structure

• Exchange/Trading fees - 0.1% per trade
• Withdrawal Fees - between 0.2% & 0.5%

#Cryptonity also provides the features of Market Orders, Limit Orders & Stop loss orders in the machine engine.
Also by using this exchange user will be able to deposit & Withdraw FIAT currencies through SEPA & ISBT ( International Swift Bank Transfers)

Cryptonity Token (XNY)

#Cryptonity will issue a native Token called # XNY token. It'll initially run on Ethereum blockchain later on transferred to #Cryptonity exchange when its own blockchain developed.

#Cryptonity will issue a fixed amount of #XNY tokens i.e. 100 million. Which will never be repurchased or increased.

Token allocation