FINATCH- ANOTHER DIMENSION IN DECENTRALIZED EXCHANGES
.jpeg)
On a daily basis, crypto holders trade from token to coin or coin to token to either not miss a particular project or secure a particular position for profits. No one loves holding coins on of bad projects so their must be trades to get those useful and worthy coins. These trades are carried out on a crypto exchange, as crypto exchanges are very vital parts of the crypto ecosystem. When it comes to cryptoexchanges there are two main types of exchanges which are centralized and the decentralized exchanges . Cryptocurrency was created to completely decentralized the transaction system so it is safe to say that centralized crypto exchanges will not be here for too long, as 100% decentralized exchanges are sure to take over the future. But there is a reason why centralized exchanges have been doing better over the years than decentralized exchanges and what has to be tackled to attain the perfect decentralized exchange
⭕《ISSUES FACED BY PRESENT DECENTRALIZED EXCHANGES》⭕
• Poor interface in most decentralized exchanges :-Most exchange owners are so profit oriented, that they just do all they can to ensure the project is working, and once they get it to that point, they start operating fully. They want their profits as quick as possible so they take shortcuts in the set ups and end up having a bad interface. After a while the exchange will not be able to perform efficient and scale through loads of transactions, leading to a shabby exchange platform.
• Slow confirmation and dispatch time :- Due to how poorly this exchanges are set up, their link to the blockchain is very faulty and leaves users with very bad transaction experiences. Users now have to wait long intervals to receive deposits or withdrawals which is bad for the level of adoption we aim for .
• Bad Security :- There are several exchanges on the space and lots of them suffered a great deal from hackers,which resulted in some of this exchanges crumble or users loosing valuable assets. Security on exchanges is very important and should not be toyed with.
• Issues with Liquidity :- Decentralized exchanges has suffered most from this plague of low trade volumes, this has been the main reason why centralized exchanges has been have the edge over the years. Decentralized exchanges sure are the future but without proper liquidity the future is not very visible. But alas there is a solution, the solution is the reason for this article so keep reading.
⭕SOLUTION✒⭕
The decentralized solution we seek is offered to us by the Finatch exchange . The finatch exchange is a decentralized exchange, which was created by the finatch project through the Finatch frc blockchain. On the finatch exchange the frc tokens which is ran with smart contract technology is traded on the finatch exchange as well as other exotic cryptocurriences. The finatch exchange is a decentralized exchange that will possess a very smooth user interface . The finatch exchange is more than just a decentralize exchange as there are other platforms under the exchange
• The Binary platform which is made up of the Fin vault and the Finbox platform
• Finatch trading tools :- Traders on the finatch platform needs the best they can get, and this is exactly what the finatch exchange offers them. As a result they offer the best of trading tools which will allow traders enjoy the exchange in the best possible way. A trader will use any trading tool that matches how he or she trades.
🔴BENEFITS YOU ENJOY FROM TRADING ON THE FINATCH EXCHANGE 🔴
• EFFICIENT MATCH ENGINE:- There are lots of exchanges in the crypto space, but so many of them are very slow and cannot meet up with traders need for speed. The finatch exchange offers a world class match engine which can carry out and maintain up to 1,500,000 trades every second. This means the finatch exchange is the fastest exchange you will ever trade on.
• SECURITY :- security is a very vital part of cryptocurrency and as a result the finatch exchange made sure to give the best of decentralized security to its users. Users can rest easy as their assets are safe and sound.
• EXOTIC TRADING PAIRS :- The Finatch exchange will make sure to list good coins that will attract traders to use the exchange as their daily drive. Coins like Bitcoin, ethereum,litecoin and finatch coin will be listed on the finatch decentralized exchange. Lots of coins will be added eventually to the exchange as time goes own, coins that will be added are coins with real projects , not shit coins. Coins that will attract enough traders and bring about more liquidity to the exchange .
• MULTI LANGUAGE SUPPORT :-Traders will come from all parts of the world, and these traders might at a point have issues or enquiries when running their trades, it is the job of the exchange to ensure all this traders can have the support who understand their languages.
There are a lot more captivating features about this project/exchanges so do well to check the links below;
WRITER'S INFO
NAME :- IYKE12