Going through coinmarketcap recently, I discovered the number of crypto exchanges have spiked. Cryptocurrency exchanges simply put aid in providing a platform where traders exchange digital assets with each other. Even with the numerous exchanges on ground, crypto traders are yet not satisfied with most exchange services due to many lapses. Personally, I had to withdraw all my funds from a popular exchange because of security issues. Being an experienced trader, there are some key factors I consider before making use of any exchange, but there are many existing loopholes which need amelioration. Some of these factors include but not limited to; security, fees, user interface, customer service, scalability, trading volumes, existing trading pairs and liquidity.
Talking about security issues, I lost funds to an exchange last year, hence I'm usually very skeptical when it comes to patronizing exchanges. Hackers are always on the look to attack exchanges via DNS spoof, DDOS attack and other cyber attacks. It is very necessary to safeguard exchanges having this in mind. A team of great minds who have carefully studied the loopholes in cryptocurrency exchanges came up with the best possible solution, hence Sonata was enacted.
SONATA PROMISES TO BE THE MOST SECURED CRYPTO EXCHANGE
Sonata promises to put the following tight security measures in place to combat hackers:
- Port scanning feature.
- Protection with SQL injection.
- EV SSL certificate will be in place.
- Secure Communication over IPsec.
- Ninety percent test coverage.
- Risk and vulnerability management with very tight internal security features.
- SSL/HTTPS and HSTS
- superb DDOS protection
- Cross-site scripting protection will be in place.
- Database environment will be isolated.
- High level certified data center.
- Highly encrypted protocol.
- Cross-site request forgery protection.
- IP address blacklist.
- Storing passwords and keys with modern hashes.
- High standard 2FA security.
- Protection against spoofing and sniffing.
From the above security features, it will be almost impossible to hack Sonata exchange and do away with funds, hence users can be rest assured that their funds are safe.
Talking about trading and withdrawal fees, Sonata promises reduced fees on the exchange. Holding the SONT, which is the native token of Sonata will give users privilege to benefit from exchange fees.
Sonata boasts of a revamped user interface. This showcases simplicity and efficiency to the core. Even novice traders will find it easy to use the exchange.
Sonata aims to make cryptocurrency trading simple and efficient, hence increasing accessibility even to newbies. Sonata plans to ensure cryptocurrency awareness is well known to the general public, and to make trading super easy for novice crypto traders including business ventures looking forward to adopt blockchain and cryptocurrency. Sonata is community-centric, meaning the team cares more about the users of the platform than profit making. Traders will form ab awesome community, who will assist each other hence creating a better ecosystem. Sonata exchange platform will be top notch such that users will appreciate their trading experience. Users who help in building the community will be rewarded through a referral program.
It is eminent to note that Solidní Finance, a gigantic company of experts are backing Sonata project. With this in place, Sonata is expected to be mind-blowing since Solidní Finance is a major investor, and also provides technical and expertise advise.
Margin trading and other revamped features will make Sonata topnotch. Trading volumes will be extremely cool, Sonata promises great liquidity.
SONT (SONATA TOKEN)
SONT will go a long way to boost the entire ecosystem of Sonata. Traders will get passive income in form of dividends from fees for holding SONT including other benefits.
Sonata Team
Do visit the links below for more information on Sonata
WEBSITE: https://sonata.ai
TELEGRAM: https://t.me/joinchat/IwX6Zg-NhB3cJK1hPfbzVw
WHITEPAPER: https://sonata.ai/documents/whitepaper-en.pdf
ANN THREAD: https://bitcointalk.org/index.php?topic=5048214.0
FACEBOOK: https://www.facebook.com/sonata.cryptoexchange/
TWITTER: https://twitter.com/Sonata_ai
MEDIUM: https://medium.com/@sonata_exchange
REDDIT: https://www.reddit.com/user/Sonata-ai
LINKEDIN: https://www.linkedin.com/company/sonata-ai/
DISCORD: https://discordapp.com/invite/j9W9kef
GITHUB: https://github.com/Sonata-ai/smartcontracts
WRITER'S INFORMATION
Bitcointalk username : deodivine1
Bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=1390292