Cryptonity is a convenient exchange for the cryptocurrency community

ivanleon (30)in #ico • 6 years ago

Cryptonity is a new cryptocurrency exchange that primarily seeks to provide the proper level of security, transparency, multi-functionality and user-friendliness.

To implement the proper level of security and transparency, an independent audit procedure will be conducted twice a year, as partnership agreements will be concluded with reputable expert companies, which will be listed on the official website of the project. In addition, For the safe operation of the trader and to protect his funds from theft hacking, cryptonity exchange offers an insurance certificate. An important advantage of the Cryptonity exchange is its focus on the average user, who will be provided with round-the-clock technical support, as well as constantly gather feedback, on the basis of their will develop and improve the functionality of the platform. Of course, the Cryptonity exchange offers a professional and universal set for trading cryptocurrencies with multilingual support.

If we consider the features of the exchange Cryptonity, it should be noted full compatibility with different devices. Trading will be available through various user interfaces, such as a web-based trading client, mobile application, API for integration with third-party platforms. The platform offers support for multiple languages, although only four languages will be available at the time of launch. These are French, English, Korean and Chinese. However, in accordance with user requests, this list will be significantly expanded over time. Of course, a significant number of trading pairs will be available for trading on the platform. First of all, pairs with bitcoin (BTC), Ethereum (ETH), own token XNY and Tether (USDT) will be added. Among other things, for the convenience of users, currency pairs with Fiat will be introduced over time. On the Cryptonity exchange will be completely transparent fees, which will always be informed users. There will be no hidden fees or additional fees. The basic fee is charges for trading in the amount of 0.1 % and the fee for withdrawing funds in the amount of from 0.2 to 0.5 %. The appearance of new coins on the exchange will be strictly regulated in accordance with different characteristics. This is primarily the interest of the community, the total trading volume, the utility of the coin for the society, positive feedback from the platform participants and so on. The plans of the project team Cryptonity also include the creation of a decentralized item of trade on the exchange, which will be implemented in cooperation with the community, as the variant of attracting third-party developers through a competitive program. Cryptonity exchange is also ready to pay for marketing and advertising support of the platform in social networks, especially if they are supported by a media personality or organization.

The creators of the Cryptonity platform realize that there are no completely safe trading platforms. There is always a risk of hacking and loss of your funds. Recently, this is a burning topic, so the media often reports about hacking and theft of user savings in cryptocurrency from various exchanges that they store on the wallets of the exchange. For example, the theft of $31 million in cryptocurrency from the Bithumb exchange. Therefore, the team decided to create Cryptonity insurance user funds, creating a specialized inviolable Fund, which will be on the cold storage of 10% of the funds collected to provide insurance.

Cryptocurrency exchange Cryptonity offers the best round-the-clock customer support, organized through online chat, call to the hotline or through the services of creating a ticket directly through the platform interface.

Protection of user account on exchange Cryptonity will consist of information about the input via e-mail, dual authentication, security questions, phishing code, unlock by fingerprint, mobile apps and more.

For traders, it will be possible to trade with both regular market orders and stop and limit orders. A special function will be implemented to track profits, losses for each transaction, informing about price changes and building a strategy for trading. Funding your account will eventually be sold through Fiat money via SEPA and SWIFT international transfers. The project team is negotiating a license that will allow to implement these ideas.

To monetize on the platform, the creators of the project released their Utility token XNY, which will eventually function on its own blockchain, which will be developed after the end of the token sale procedure. The xny emission will be 100 million pieces, a fixed amount that will not be supplemented or reduced. The price of the token will be supported by its participation in the life of the platform. Token holders receive a permanent 50% discount on the amount of Commission on the Cryptonity exchange, and also have the right to participate in various votes, for example, for the best coin of the month. The terms of the token sale specified on the official website of the project are two months and will be held from November 1 to December 31, 2018.