The problems facing the crypto exchanges today and how CHAOEX EXCHANGE solve it !

in #exchange6 years ago

CHAOEX exchange was launched Q2 of 2017.

ChaoEX is a cryptocurrency exchange based in Hong Kong and focuses on Southeast Asian markets. It is unregulated and offers trading services through its web-trading platform.

ChaoEX provides the world's most mobility order book, allowing users to easily exchange with the minimum slippage.

It is a very secure Asian cryptocurrency exchange with great regards to customers/uers assests including users information. It is built with a simple and great UI for great trading experience. CHAOEX exchange, is a totally self-developed creation designed for the aggregation of high quality blockchain assets around the world, providing safer, smooth and transparent trading experience for users.

THE PROBLEMS
There are so many cryptocurrency exchanges existing in the world today, and many of them accept crypto to crypto trading pairs. Here are some of the problems facing the crypto exchanges of today, such as

High Trading Fees: Popular exchanges can charge between 0.8% to 3% in fees.

Poor Security: So many Exchanges do not have a strong security to protect users assets.

Poor User Interface: There are so many crypto exchanges that has a poor User-interface which makes it difficult for users to Navigate through the platform.

Low Liquidity: So many Popular exchanges offers Low liquidity which in otherwords delays trading activities on the platform.

THE CHAOEX PLATFORM TRY TO RESOLVE PROBLEMS FOR USER !
Its advantage is that traders are able to trade without having to worry about the safety of their funds. Traders control and hold their own digital asset in their private wallet while the exchange has no direct access to it. Another advantage is its extremely low trading costs. Example of a decentralize exchanges are IDEX, Waves Dex, Forkdelta, etc.

Low Trading Fees: ChaoEx applies fees to transfers using some cryptocurrency with the fees being lower compared to other exchanges. ChaoEx has an attractive commission structure that is beneficial to both market makers and takers. Investors will also receive discounts for trading on BTC or ETH Markets after completing the KYC 2 and KYC 3.
Exchange: ChaoEx has a mobile order book that allows users easily exchange cryptocurrency with minimum slippage.
Variety of Altcoins: Currently, there are 54 digital currencies, which are tradable on the ChaoEx platform such as Bitcoin, Ethereum, Bitcoin Cash, Decent, TenX, Civic, and QTUM.

Advanced Trading Interface: ChaoEx is a web-based platform whose appearance is well organized, easy to use and understand. The digital assets are categorized into three sections: BTC, ETH and CODE Markets. Users can customize the appearance of the platform according to their preference and use advanced charting tools like technical analysis indicators.

Secure Transactions: Transactions on the ChaoEx exchange platform are secured by strict certifications and protection mechanisms such as anti-CC, anti-DDOS that ensure the safety of transactions.
Transparent: The ChaoEx platform utilizes blockchain technology to store user data, which ensure that there is transparency during transactions.

Centralized exchange are the direct opposite of distributed exchanges with traders funds kept in the exchange storage wallet which it receives as deposit. Though the centralized exchange posses the advantage of providing liquidity, flexibility and matching speed, it also exposes users asset to risk.

()

Conclusion:
No one would dare invest in ICO because the market price goes down a lot. But with chaoex is different. CHAOEX is already one of the leading exchanges in cryptocurrency world with it advantage, giving users confidence flexibility in trading. The exchange is already live having huge volume and giving it best to it users. All advantages we see above that can cover our money for safest.

Best choice for us ! CHAOEX EXCHANGE !
We can get more information here:

Official Website: https://www.chaoex.com

Facebook: https://www.facebook.com/ChaoExHK

Twitter: https://twitter.com/ChaoExHK

Telegram: https://t.me/HKchaoex

ANN Link: https://bitcointalk.org/index.php?topic=5068406.msg47857560

Author information:

BitcoinTalk Username: endles123

BitcoinTalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2162180

ETH Address: 0x70Bf7aDE03E5e9157388b13E8d0828BDE2DD4519![]

Linkedin Article: https://www.linkedin.com/pulse/problems-facing-crypto-exchanges-today-how-chaoex-exchange-vi-la/?published=t

My UID: 34308

Thanks for reading !

Sort:  

Congratulations @endles123! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You received more than 50 upvotes. Your next target is to reach 100 upvotes.

Click here to view your Board of Honor
If you no longer want to receive notifications, reply to this comment with the word STOP

Support SteemitBoard's project! Vote for its witness and get one more award!

Coin Marketplace

STEEM 0.24
TRX 0.21
JST 0.036
BTC 97939.48
ETH 3363.31
USDT 1.00
SBD 3.31