Since Bitcoin came up in 2009, thousands of other blockchain-driven digital currencies have sprouted out. And in recent years, cryptocurrencies have gained traction and media attention around the world with use for payment settlements, exchange of digital products and data, and several other utilities. Even now, it is rising and spreading more than ever. Cryptocurrencies are definitely the new assets. They are traded on platforms called cryptocurrency exchanges. Today, the number of cryptocurrency exchanges is competing with the number of cryptocurrencies in the market. Despite the high number of exchanges available, the expectations of traders are not been duly met owing to various lapses inherent in existing exchanges.
One of the major concerns of users is the dearth of reliable cryptocurrency exchange with mechanism and strategy of mitigating trading losses. Other concerns include security of funds and digital assets, user interface of the platform, responsiveness of customer support, availability of fiat–cryptocurrency trading pair, and availability of various trading tools and features for experienced traders. The lacuna in the cryptocurrency exchange space necessitates development of a new cryptocurrency that holistically resolves these issues, and meets the requirements of novice and advanced traders. Topex cryptocurrency exchange is a unique trading platform that aims to compensate for trade losses and distribute profits to holders of the native tokens of the platform, TPX, while combining the best qualities of various other exchanges. Topex exchange aims to provide the following key benefits to its users.
Fully-fledged Platform with large number of cryptocurrency trading pairs
Topex exchange provides complete suite of tools and features for managing trade, including margin trading for professional and effective trading. The platform is powered by robust algorithms which execute the preferences of traders automatically without lag.
Highly Customizable Interface Platform
Topex exchange provides a highly customizable interface of the platform which enables experienced users to sort various elements to create custom interface that they want.
Daily Trade Loss Compensation and Profit Distribution between TPX Token Holders
This is one benefit that is unique to the trading platform; it is aimed at alleviating the weight of loss accrued from bad trades on the platform. Topex exchange has prepared a compensation fund derived from twenty-five percent of the total 24 hour-profit of the exchange. Additionally, all holders of the exchange token, TPX, share from the remaining seventy-five daily profit made by the exchange.
High Level of Security
Cryptocurrency exchanges have become magnets for hackers and malicious users due to the large amount of funds held on exchanges, therefore exposing platform users to counterparty risk. Topex exchange prioritizes security of user account and funds. The platform aims to adopt a multidimensional distributed technology using neural networks. The keys, passwords, and personal data of account users are segmented and the hash tables distributed to multiple servers which make it impossible for a hacker to gain access to user funds and accounts because it would require all the servers to be compromised. The neural network provides additional layer of security.
Access to Professional Trade Analysis and Predictive Functionality
While Topex.io exchange will integrate tradingview.com charts into the platform, work is ongoing on the development of a new unique innovative prediction system that provides professional technical analysis and predictions on cryptocurrencies to users. This service will be accessible to users that hold TPX tokens. Furthermore, owners of TPX tokens will be able to subscribe to the best traders and copy their trade for profitability. This shows Topex.io exchange cares about its users making profitable trades, which trading platform can beat that?
Topex.io exchange provides a one-stop shop for the trading requirements of novice and advanced traders. The daily profit distribution and compensation plan for trade losses are one of its kind. Topex cryptocurrency exchange is currently running an Initial Coin Offering (ICO) here for its native TPX tokens which gives holders access to professional services and tools on the platform.
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AUTHOR: Mexite