INTRODUCING THE FINATCH DECENTRALIZED EXCHANGE TO THE CRYPTOSPACE

Since the creation of bitcoin and blockchain technology, we have since how far the level of adoption has risen, and this of course has brought the blockchain to the point at which it is at now. The year 2017 was a huge year for cryptocurrency as the fast rate of acknowledgement led to highs in most coins and tokens on the market. The year 2018 was a tough year for all crypto holders and traders as it was known as the year of correction. Most coins and token hit their lowest lows at that time, it is without doubt though that there is progress. This progress could not have possibly been achieved without an important part of the crypto ecosystem known as crypto exchanges
A crypto exchange is a platform where traders come together to buy and sell various crypto assets . On these exchanges the forces of demand and supply leads to a point where comprise is reached, that point is known as the price of the crypto based asset. With the help of crypto exchanges blockchain based assets where able to attain price which gives crypto assets value. Without this exchanges no coin or token will have any value whatsoever. There are basically two main types of exchanges on the crypto space and this includes the centralized and decentralized crypto exchanges . The centralized exchange as its name implies works with a centralized mode of process where there are owners who run most of the exchange. On the decentralized exchange, the platform is very free for all to use and owners have same rights as all users as the exchange functions in a decentralized manner . It is without doubt that over the years centralized exchanges have had the better say when it comes to market capitalization and trade volumes , but that cannot last forever as cryptocurrency was created to decentralized the entire financial and transaction processes, the bed rock of cryptocurrency is decentralization, so crypto exchanges should be decentralized as well. But due to the issues I will outline below, decentralized exchanges has had a hard time shining in the crypto space

PROBLEMS PREVIOUS DECENTRALIZED EXCHANGES POSSESSES

• Problems of trade volume and liquidity
• Bad user interface that scares away users
  This two issues has plagued decentralized exchanges immensely as no trader wants to lose profit by trading on an exchange with low volume, so instead they run over to centralized exchanges with volume and enjoy their trades. Bad user interface and a slow exchange can be so frustration and after one use, no one would love to go back and take the same pain. But this issues have got to change, as the Finatch decentralized exchange will certainly make a reasonable difference in decentralized exchange platforms .

The finatch exchange platform like I said earlier is a decentralized exchange ran by the Finatch Frc smart contract blockchain. On the finatch exchange lots of constantly used tokens like bitcoin and ethereum are listed on the exchange and is traded against themselves, other tokens listed on the exchange and even the Fin coin. The fin (finatch coin) is the coin peculiar to the the finatch decentralized exchange, it is important to note that the finatch project never ran an ico and as a result the fin coin has no price as at now. The Finatch exchange will be launched on the 12th of January and by late January the price of the Fin coin will be decided by buyers and sellers . There are lots of benefits accustomed to the Finatch decentralized exchange and this benefits include:-
• Security :- The finatch exchange platform is very secure to ensure that user of the exchange and their assets are very safe and calm
• Efficiency :- The finatch exchange is very efficient and can run up to 1,500,000 trades every second which is very impressive and makes the exchange one of the fastest you can find
• Liquidity :- The finatch exchange is bound to have huge trade volume as only useful coins and tokens that are frequently used by the space will be listed on the exchange
• Multi speaking Language support :- Traders have issues when trading at times and they need help from the support, not all traders understand English or are from English speaking countries so it is highly important support agents that are understand various languages are available to resolve issues .
The finatcg exchange and its coins has a total supply of 200,000,000 Fin and a maximum supply of 950,000,000 Fin. This is because the fin coin is mineable and the amount of tokens is bound to increase. The Finatch project will distrubute 50% of the present 200,000,000 Fin on airdrops and bounties . This will help get the coins to holders and sellers who traders will buy from. 15% of the profit made from the exchange activities will be used to buy back 100,000,000 Fin coins from time to time to ensure the price of the coin is very high.

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