My review of Alttex

in alttex2018 •  7 years ago 

@originalworks is spreading a promotion, link here of a new mobile exchange and here is my take on it.

As of 2016 over 28% over world's population owns some sort of mobile device. Ref Link. So much potential can be made for providing services on mobile devices. This includes trading platform apps. Alttex which is a cryptocurrency decentralized exchange and multiwallet is a new app that will be coming in the third and fourth quarter of 2018. Here is their roadmap:

There is an ICO right now for the Alttex token. The goal is to raise enough funds to push the app to competition. Future benefits for investing in the token are yet to come but I can guess that owning the token would earn back revenue on trades on the exchange and altmessenger.

Altmessenger will be an intergral part of Alttex for users to talk and negotiate with one another on trades, sales, and purchases of goods within a decentralized platform. Hence all communication is not stored at a central server so privacy is in users control. The messenger will allow users to sell goods and services for various cryptocurrencies. The various cryptocurrencies would be stored on Alttex's Altsafe.

Altsafe is a single point for users to store multiple cryptocurrencies and have the ability to exchange between them. This is similar to what open ledger and bitshares. There is also a layer of protection with regards to access to the coins in the Altsafe. To be even extra safe Altsafe has the ability for users to move coins in wallets from a "hot" or "cold" storage. For newbies a "hot" wallet means the coins are stored online while "cold" wallet are coins that are stored that can be accessed offline. "cold" storage would take out all digital chances of having your coins stolen.

Alttex's white paper which is 48 pages long lists out mostly pros on why the platform will excel once its release. Something interesting listed in the white paper:

ALLOWS PEOPLE TO BUY CRYPTOCURRENCY FROM ANY PLACE IN THE WORLD WITH ANY BANK CARD.

I am imagining Alttex has high hopes to get a fiat to crypto and vise versa system in place that is so convenient that it becomes a one stop shop for anything cryptocurrency. Whether it is trading, exchanging, spending, or promoting crypto using Alttex is the way to go.

I look forward to seeing this platform move into mainstream.

Go "alttex2018"!

If you wish to follow me: @mawit07

steembanner.JPG

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Wow

Submitted.