AXNET ICO/Exchange review - Voltran of the exchanges

in #cryptocurrency • 6 years ago

In the early stages of trading, people bartered directly without middlemen. Herders sold leather to cobblers, farmers sold milk to bakers. As communities grew, producers and manufacturers started transacting through middlemen.

In the financial world, whether fiat or crypto, exchanges offer simple and efficient ways of selling products and services but are susceptible to many issues due to their centralized structures.

As the cryptocurrency environment matures, centralized exchanges present a bevy of issues on a regular basis.

Most important problems which centralized exchanges have can be lined up as below:

  • Trust
  • Personal Documents
  • Security
  • High Trading Fees

As you may guess, they all linked to each other. Since there are security problems like hacking, you can not trust centralized exchanges enough to give your personal documents. High trading fees are plus.

On the other hand, decentralized exchanges can give you the opportunity to eliminate the middleman, lower your trading fees, no need any personal documents, which means you don't have to send any personal documents to anybody.

However, if you are not giving enough attention to an exchange - especially crypto exchange, it may explode. The explosion here means bad UI/UX, not enough support to solve user problems, an absence of adding new features etc. That's why decentralized exchanges have less volume than centralized ones.

The breakdown here is centralized and decentralized exchanges have some unique features in its own ways. Most importantly, centralized exchanges have dedicated team their behind, whereas decentralized exchanges have almost no fees and no trust issues.

The question here is, which one should you choose?

The answer is, AXNET.

What is AXNET

AXNET is an exchange which can provide the ability to their users to utilize their own wallets in a Decentralized Interface enabling the peer-to-peer transaction. Users will be able to utilize both decentralized and centralized exchanges in one platform with a flip. In another word, AXNET is some kind of decentralized and centralized exchange combined, with an amazing team behind.

Apart from that, they are licenced virtual currency to fiat exchange with a licenced virtual wallet platform.

Instead of listing only BTC, ETH, USDT, NEO kind of cryptocurrencies, they will also list USD and EUR through their licence and banking networks.

AXNET Features

  • Mobile App
    AXNET has developed a mobile app which you can download for your iOS or Android powered mobile device.

  • API for Developers
    AXNET has opened an API platform for developers. Any developer can connect to their API's to make trade bots and access all features of the AXNET platform. You can check their API docs from here.

  • FIAT License
    They have fiat currency licence. So anybody can buy crypto over AXNET platform via USD or EURO.

  • Exchange Type
    Any user will be able to use AXNET platform as a decentralized or centralized only with one switch.

  • Licenced Wallet
    AXNET will provide the ability to their users to utilize their own wallets in a Decentralized Interface enabling the peer-to-peer transaction

  • UI/UX
    They have an amazing team behind. So UI and UX will not be a problem.

  • Customer Service
    They have prepared a good customer experience service. So users will be able to connect and solve their problems directly.

  • High Performance Engine
    AXNET has developed a hardware-accelerated and highly-efficient memory matching engine. This engine has ability to sustaining 2 million order making per second and 1 million order processing per second.

  • AXNET (AXN) Token
    AXN will be the fuel of the platform. AXN holders will benefit the features like enabling AXNET's Trader Mining system. Also, exchange fees, withdraw fees, listing fees and any other fees which are going to be taken by the platform will be discounted.

Roadmap

AXNET team has a fast roadmap. You can find the full details below:

December 2017 - AXNET Core Team Formation and the establishment of Business Model.
February 2018 - AXNET Development of our Centralized and Decentralized Trading Platform begins.
June 2018 - AXNET acquires Licensed Cryptocurrency Fiat and Wallet License in Estonia, EU.
July 2018 - White Paper released, AXN ICO announcement, website launch.
September 2018 - ICO Concluded Trade Platform Launches, Global Marketing.
October 2018 - iOS & Android Mobile Apps Released.
December 2018 - Over 5,000 BTC Volume and major trading pairs.
January 2019 - Fiat Pairs Activated.
June 2019 - EOS Decentralized Exchange Launch.
January 2020 - Top 10 Exchange Worldwide.

AXNET Team

AXNET team has very good background. You can check their Linkedin Pages. Here they are:

Genji Sakamoto - Chief Executive Officer
Maxim Igorevich - Chief Technology Officer
ZiLong Sun - Mobile Director
BingFeng Liu - Blockchain Director
Elena Danilyak - Development Director
Bui Minh Vu - Applications Director
Daniel Rupp - Mobile Development Manager
Dmitri Tulba - Senior UI/UX Manager

ICO Details

  • Token: AXN
  • Platform: Ethereum
  • Token Price: 0.0005 ETH (0.225345 USD)
  • Token for sale: 100,000,000 AXN
  • Soft cap: 3,000,000 USD
  • Hard cap: 200,000,000 USD
  • Accepting: ETH, BTC, LTC, BCH, ZEC, XLM, ADA, EOS
  • Restricted countries: China, United States of America
  • Know Your Customer: Yes

Useful Links

Writer Bounty0x Username: coinhaberleri

#axnet #anx #ico #exchange
6 years ago in #cryptocurrency by
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