Blockchain experts have predicted that the net worth of the cryptocurrency investments will cross $1 trillion by the end of 2018. Even though the volume of crypto trading is increasing steeply, the total number of cryptocurrency exchanges worldwide is very less. And, most of the exchanges have only a small team to provide customer support. That’s why it takes more than a week or so to process the new applications for opening the account. Because of the limited manpower, the exchanges are not able to quickly resolve the issues faced by the customers. Instead, they need to wait for more days to get solutions for even simple queries.
Another major concern about the cryptocurrency investments is security. Every year, the hackers stole millions of dollars money from at least ten crypto exchanges. Do you know? The fraudsters are able to break the servers and steal money from even the most popular exchanges as well. Bithumb theft is an example of that. A few months, South Korea based Bithumb exchange was attacked by the hackers, and they steal $30 million worth of coins. Approximately $1.1 billion was stolen from various exchanges in this year alone.
People will lose trust in crypto investments if the above issues are not solved. How will you overcome the above challenges and make the cryptocurrency exchanges more secure? Crypto Circle X exchange aims to build a more reliable, secure and transparent platform for trading cryptocurrencies. How? It will provide 24-hour live support for the customers so that they can resolve their issues immediately without any delays. The exchange will have a simple sign up procedure, and the new user registrations will be processed quickly.
To keep your assets safe and secure, Crypto Circle X exchange will be storing them offline in cold storage wallets instead of hot wallets. Plus, it will never store your passwords on their servers. Instead, it will store them as hashes. All kind of sensitive data related to the users will be stored after encrypting them using the AES 256 standard. Besides that, the exchange has a built-in AML (Anti Money Laundering) algorithm to prevent the fraudulent transactions. Read more at the official whitepaper https://cryptocirclex.com/whitepaper.pdf.
Like the traditional crypto exchanges, Crypto Circle X will process all kind of orders like limit orders, market orders and stop limit orders. To improve the speed of transactions, the exchange will be using the GoLang (Google Language). GoLang is actually a machine language which can process up to 10 million transactions per second. Hence, the Crypto Circle X will be an ultra-fast exchange which can process transactions at least ten times faster than the existing crypto exchanges. And, the customers need not face any kind of delays while processing their orders. Plus, the exchange charges a low or nominal trading fee for the orders. To access the features of the exchange, one needs to hold their own tokens called CCX coins.
To learn more information about the Crypto Circle X exchange and CCX coins, please visit the Website, joinTelegram or check the ANN and Bounty Thread
Wow this is a good opportunity for traders around the globe, there is so much happening on the blockchain I think Circle X is one of them, you mentioned that Circle X granting low transaction fee, that's very encouraging. Have you also heard that trade.io is offering Zero(0) fee on transactions made through the platform from now till the 1st of October, 2018? Friend you might want to check that out now.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post has received a 3.06 % upvote from @boomerang.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You got a 8.07% upvote from @upmewhale courtesy of @robertthomas!
Earn 100% earning payout by delegating SP to @upmewhale. Visit http://www.upmewhale.com for details!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @robertthomas! You have received a personal award!
1 Year on Steemit
Click on the badge to view your Board of Honor.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @robertthomas! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit