FINATCH: A Decentralized Exchange Built On Its Own Blockchain

in cryptocurrency •  6 years ago 

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Finatch is another decentralized cryptocurrency exchange built on their own private blockchain, to run and fueled by the Finatch Smart Contract Blockchain in order to create a new economy in trading platform. There are many exchange in crypto sphere but Finatch was initiated to take a gander at the absence of steady, quick and undependable affairs accompanying decentralized exchange. Finatch will be a solution and remedy to the issues other exchange are battling with.

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Finatch is not building the exchange for profits sake but doing it to make trading platform pleasant for investors and traders. Traders are lamenting of the issues they encounter in some exchange which is indirectly making them to lament the adoption of cryptocurrency.

  • Some of the issues and how Finatch intend to solve it.

Some decentralized cryptocurrency exchange are deviating from their initial plan to a non transparent platform, therefore resisting the users the power they deserve to control the affairs of the platform. Again, most of exchange today are poorly design and does not have a free interface for trading. The challenges does not end there, due to inadequately fabricated blockchain, processing through a smart contracts are terrible sometimes, the confirmation period due take time, thereby making trading difficult to many traders in an exchange. Finatch want to fight against the insecured state of some exchange leading to users losing their assets hackers.

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HERE IS THE GOOD NEWS

Finatch Decentralized Exchange is design in a such a way that security, productivity, speed, and versatility are taken as a top priority for the team of the platform. Finatch is building a monetary frameworks to the most noteworthy security models and endeavor to guarantee security
Finatch decentralized exchange aims to offers and backings duties over the whole staff and users of the platform to give a direction and helps users out in case found in an unpleasant situation

A vital point about Finatch is ability to build their decentralized exchange on finatch smarts blockchain; the blockchain make a snappy and sensible brilliant contract exchange expenses, causing moderate platform working. Finatch decentralize exchange supports a multi-lingual making it an exchange that will universally accepted across the globe.

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KEY FEATURES OF FINATCH EXCHANGE

  • Finatch decentralized exchange is built with a very high interphase to make the platform user-friendly.

  • Finatch decentralized exchange will list different crypto pairs on their platform to boost the market liquidity of the exchange i.e btc, eth, bch and their own traditional coin (fin).

  • Finatch decentralized exchange are encompassed with specialized trading tools that gives the signal to the path to trade.

  • The Finatch’s smart contracts affirmation time is very fast because it was not built on ethereum blockchain rather on their own blockchain which are more effective than its competitors.

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FINATCH COINS AND THEIR ICO

Finatch has its own coin that will be used on the community. The coin has been termed “FIN” and it has a lot of uses. So holders of this coin (FIN) can use the coin to for trade expenses, pull back expenses, posting expenses.

Finatch has introduce an ICO in order for people to utilize the opportunity to holds the coin at a cheaper rate now which will be valuable tomorrow. The fund raised from the ICO will be used to develop the platform.

CONCLUSION

Finatch Exchange is out to demonstrate the real decentralization in a cryptocurrency exchange and to safeguard trust and straightforwardness in their exchanges.

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USEFUL LINKS OF FINATCH

Website: https://finatch.com/

Whitepaper: https://finatch.com/docs/Finatch%20Whitepaper.pdf

ANN Thread: https://bitcointalk.org/index.php?topic=5082716.new#new

Twitter: https://twitter.com/FinatchInc

telegram : https://t.me/finatch

Writer’s Info:

Bitcointalk Username: Bunmilove

Bitcointalk Profile link: https://bitcointalk.org/index.php?action=profile;u=2357710

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