CRYPTO CIRCLE X IN-DEPTH REVIEW

in cryptocirclex •  6 years ago  (edited)

**Crypto Circle Exchange Summary
**
In recent years, we have seen the rise and fall of the cryptocurrency market. To be more precise, it had to be just at the end of 2017 - the beginning of 2018. This period is characterized by many investors with the collapse and failure. Since having come here on a high price rise, they got a final drop and a loss of their investments.

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Separately, I would like to say that the current cryptocurrency exchanges during the period of the general boom have shown themselves from a terrible side. First, they absolutely did not cope with the influx of new customers. And many had to wait several days for their registration to be confirmed. During this time, the exchange rate either grew rapidly or just as rapidly fell. That is, it was these delays that cost people money, and not small ones.

Secondly, the safety of storing funds on the stock exchanges was also a big question. We all remember the scandalous incidents involving a number of exchanges (Bitgrail, Coincheck, Bithumb and others) that were hacked and hacked. The funds of the traders were stolen and, in fact, were not returned in full.


As a result, the market turned out to be in search of new players and technologies that can cope with both a large volume of registrations and new challenges in the field of cybersecurity.

Crypto Circle Exchange is an innovative cryptocurrency exchange that enters the existing market with a completely modern technological basis. It takes into account the interests of newcomers to cryptocurrency trading, providing those with all the tools for easy learning and adaptation on the site. The exchange also brings new features for professional traders, creating tremendous opportunities for successful trading.

In fact, today the only cryptocurrency market products that are able to generate profits on their own are cryptocurrency exchanges. Therefore, a new player in the market will definitely not hurt us. And now let's take a closer look at what new opportunities the Crypto Circle Exchange brings to us.

Problems in the stock market

No one can dispute the fact that the only way to make a cryptocurrency exchange today is to register for one of the cryptocurrency exchanges. But all this is not always smooth and safe and is also accompanied by a whole set of problems.

First, the key problem, of course, is the security of your assets. Only in recent years, we remember the cases when the Mt. Gox, where Bitcoin was stolen with a total face value of 650 thousand. We can also immediately recall the case of the Bitfinex platform, where Bitcoin with a nominal value of 120 thousand was stolen.

The second problem is still liquidity. Let me remind you that liquidity refers to the possibility of free transfer of your cryptocurrency capital into real currencies. Without loss, without a long wait, without possible problems. If today this problem is practically solved with small amounts, then there may be problems with amounts over $ 1-2 thousand.

The third significant problem is the high exchange fees charged by the exchanges. Below is the diagram we can see how large stock exchanges make a profit on each of our exchanges, while not caring about the interests of clients.

Of course, commissions are the basis of exchange profits, but fluctuations from 0.25% to 0.3% are a bit unfair and overstated, compared to similar examples from the traditional currencies market.

Not the last in the series, but a significant problem is the speed of customer support. I think that quite often you have encountered elementary problems entering the site. In this case, the letter of support, as a rule, does not come immediately, not after one day, but after several. This applies to a number of large cryptocurrency exchanges.

The fact is that the limited support resources are allocated equally to the value of the client for the exchange itself. That is, beginners can wait for a response up to a week, or even more because they have the lowest priority. And it's far from a fact that your problem will be solved.

For example, I personally had to leave some small balance on the HUOBI exchange in due time, since my problem turned out to be “unsolvable” instantly. After I completed all the necessary procedures that I recommended to do in support, the problem remained. The last answer was: "We have transferred your problem to a higher level, how they deal with it. Wait for an answer soon." 3 months have passed, but there was no answer.

This is not a complete list of problems that exist today on existing cryptocurrency exchanges. But we have identified, perhaps, the most significant of them that each user may encounter. Regardless of how much time he is already immersed in cryptocurrency realities.

Crypto Circle Exchange Solution

Crypto Circle Exchange is the most advanced, in terms of technology, and secure cryptocurrency exchange, equipped with the latest platform that can handle more than 10 million transactions per second. Relationships with clients of the exchange are priorities for the Crypto Circle Exchange. You can always be sure that the situation with weekly ignoring your request is in the past on other exchanges.

Crypto Circle Exchange makes the exchange of cryptocurrency assets and blockchains revolutionary fast, using innovative developments in this field in recent years.

The technology base for the Crypto Circle Exchange is written in GoLang and is capable of performing over 10 million transactions per second with a 40 nanosecond delay, which makes them one of the fastest exchange speeds on the market.

Just for comparison, 40 nanoseconds is equal to 40 billion fractions of a second, which means that the speed is about 100 times higher than that of the Nasdaq.

Just at such amazing speeds, you can forget about the concepts of "jamming" or "delaying" a transaction. Everything works like a clock! Even if you combine transaction speeds on three exchanges (Binance, Kucoin and Bitfinex, for example) together, they will not constitute a competition for the Crypto Circle Exchange speed.
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How the Crypto Circle Exchange Works

So, the most important advantage of the Crypto Circle Exchange over the other exchanges is fast and high-performance trading. Everything is provided, I repeat, a programming language developed by Google - GoLang. This allows you to achieve truly ambitious results, compared with the traditional programming languages on which the other exchanges are based (C, C ++, Java, C #, Ruby).

This happens primarily due to GoLang compatibility with a huge number of operating systems and equipment. Long-term research and development have led the Crypto Circle Exchange to this solution.

Traditional trading tools. Crypto Circle Exchange will support limit orders, market orders and StopLimit orders, but this is not the whole list of available trading methods. In the future, the exchange will provide new convenient tools.

Platform Security. Each user will undergo KYC and AML procedures before registering on the platform. Information will also be confirmed via E-Mail and SMS. Two-factor authentication from Google is also a necessity for the secure use of your account. All user data will be stored separately and in encrypted form (AES 256), so data leakage is excluded.

Methods developed by CloudFlare will be used against DDoS attacks. Tokens are protected by an autonomous multi-level wallet (essentially a vault) and an asset protection system.

Counter market manipulation. Crypto Circle Exchange will control and suppress illegal methods of market manipulation. Built-in control system for suspicious transactions, large-scale exchanges, end-to-end trading, money laundering, forgery, stratification, hammer and pulse ignition.

The market surveillance and risk management solution will also provide analytics that complies with ESMA MiFID II and other reporting standards. It complies with the EU Market Abuse Regulations (MAR), US Dodd-Frank SEC and other regulations and laws of the international regulatory framework.

For more info visit:
https://cryptocirclex.com/
https://bitcointalk.org/index.php?topic=4906962
https://bitcointalk.org/index.php?topic=4937028.0
https://t.me/CryptoCircleX_Official
https://t.me/CryptoCircleX_OfficialANN
https://cryptocirclex.com/whitepaper.pdf
https://twitter.com/CryptoCircleX
https://www.facebook.com/CryptoCircleX
https://medium.com/@CryptoCircleX
https://www.youtube.com/channel/UC9O02sSoZseAWQoople7GDw

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Bitcointalk username: xratedx
Bitcointalk profile url:
https://bitcointalk.org/index.php?action=profile;u=2257524
ETH: 0xf872CA0185a5e79152a7A01D5F7eDBDcd68bB275

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