SATURN BLACK - the future exchange platform with atomic swap protocol

What is Saturn Black?

Saturn Black is a cryptocurrency exchange platform allowing users to be able to conduct directly atomic exchange in crypto assets. Saturn Black platform is built on criteria of convenience and credibility, in which traders are possible to exchange wallet-to-wallet their crypto assets without the reliable third party.

The SATURN project is one of the best cryptocurrency exchange platforms that will solve all problems related to the current trader's cryptocurrency platform. The SATURN cryptocurrency platform will be the best in liquidity, security, transparency, low commission, convenience, a good user interface, and more.

The main objective and goal of the SATURN platform is to create the best new over-the-counter safe market for cryptocurrency trading, which will only be based on the exchange-exchange protocol for currency exchange.

Benefits of Saturn Black

• Investors are possible to participate in the fair and reliable market where there is no market manipulators and market maker because Saturn platform adopts Swap protocol for assets exchanges. Swap protocol will perform the atomic exchange, means that assets will be transfer directly from wallet to wallet, even those crypto assets are in different chains. Thereby, investors do not need to deposit into exchange platforms to trade their assets.
  o First, investors will avoid the risk of exchange hacking as well as pay for exchange fees.
  o Second, investors are free to trade their cryptocurrency without the manipulation, all transactions are based on the consensus of both parties.
  o Final, investors have ability to trade the cryptocurrencies which are yet listed on exchanges or have a low liquidity.

• Companies who take part in Saturn Black token sale will acquire the incentives from Saturn team as well as be able to contribute to solve their token liquidity. In addition, the startup companies may obtain the complete evaluation of liquidity of their own cryptocurrency in future when it is listed on exchanges.

• Bounty hunter can trade their bounty rewards after receiving it. No longer to wait the token issuers list their tokens on exchanges. With the high liquidity brought by Saturn Black platform, bounty hunters are able to gain immediately their money.

Outstanding features

• OTC cross-chain trading

The Saturn OTC service allows traders to carry out the transactions through the atomic swap protocol with the assurance by Saturn assets. The target customer of this service are professional investors because the transactions are possible to conduct with the large trading volume and highly minimal trading volume.

• OTC auction

The Saturn OTC auction will allow owners to list their crypto assets on the auction at the beginning market price. And the exhibited assets are allowed to exchange with the large amount.

• Exchange of atomic trades

This will be a peer-to-peer exchange applying atomic swap protocol to achieve the initial goal of Saturn Back exchange.

• Transactions with EURO and USD

This function is implemented and developing to fully serve Saturn’s users at the end of 2019. OTC cross-chain trade, OTC auction and Atomic exchange will entitle Saturn’s users to exchange between crypto assets and EURO and USD. Exchange of crypto assets with USD, USDT and GUSD is possible to be used now.

Saturn will not ask for a private key for wallet users, it is a security measure that allows users to have full control of their assets as opposed to centralized exchanges, where users trust centralized exchanges with the security of their assets.

Saturn When using user exchanges, transactions will be processed through smart contracts automatically and smart contracts only accept terms set by the parties or nothing happens at all, this is an additional security feature that allows users to have Process Management and Trust Technology.

Trading using Saturn's cross-chain exchanges will be cheaper and safer than centralized exchanges, centralized exchanges will cost around 0.2% to manage transactions, and this is directly transferred to platform users, using cross-chain Saturn exchanges will be much cheaper and more economical fees for daily traders, like me, are constantly changing among digital assets, as well as users who only want to do one to exchange counters.

Saturn token and ICO

The purpose of issuing Saturn token (symbol: XSAT) is to use it as a liquidity asset as well as a quotation asset in Saturn platform. In addition, Saturn team also plans to make XSAT token become a collateral asset but this decision will be considered later.

XSAT token is based on standard ERC-20, Ethereum blockchain. The information of XSAT token and token sale are following:

XSAT Contract address: 0x0d9e614937a308438337a2999acf64fc86bf098a (Do not send anything to this address! This is not a smart contract.)

Token: XSAT
Standard: ERC20
Quantity: 1,000,000,000 XSAT
Platform: Ethereum
Start ICO:
End ICO:
Price: 1 XSAT = 0,125 USD
Payment: Btc,Eth, eos , Dash
ICO Amount: 250,000,000 XSAT

Roadmap

Team

More info:

Website: https://saturn.black
Bitcointalk thread: https://bitcointalk.org/index.php?topic=5075635.0
Whitepaper: https://saturn.black/wp-content/uploads/2018/11/saturn-white-paper-eng-1.0.1.pdf

Facebook: https://www.facebook.com/Saturn-Black-200220127527617
Twitter: https://twitter.com/saturn_twitt
Instagram: https://www.instagram.com/saturn_xsat/
Blog: https://saturn.black/blog/
Telegram:

• Saturn Official Group: https://t.me/saturn_ENGchat
• Saturn Official Channel: https://t.me/saturnblack
• Saturn Official Bounty: https://t.me/joinchat/JdHS-FjKRv21ihGR2y8ZyQ

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Bitcointalk username: TheMayweatherUK
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1661797
Telegram username: @TheMayweatherUK
ETH address: 0x3Ab62B077fBebCfF83EFa8fBF48E50f54dDA1A89