Are you a trader? Do you actually think there should be more from what you are getting from exchanges? Have you ever thought of having more than just a centralized and decentralized exchange? Think no more, for there is actually an exchange that does more than a centralized and decentralized exchange in the shape of - a first of its kind HYBRID exchange - CRYPTOA.
Crptoa exchange is an hybrid exchange that improves on the flaws of a centralized and decentralized exchange to give effective, enjoyable and effortless trading experience to users. It will solve the problem of trust and high fees in a centralized and decentralized exchange by offering a thin layer of KYC to maintain order while offerring zero listing fee to reap benefits from both business models.
Another thing Cryptoa is implementing is the hybrid consensus mechanism (Hydro Script). It uses both the Proof of Work (PoW) and Proof of Stake (PoS) system to enhance user-engagement and usage. The inherent technology used for a blockchain project is very important. Cryptoa will start with PoW as Pos requires commitment of coins and the coins have not been mined yet, Cryptoa will take benefit of both technologies and use it for mining. After incorporating two-way technology, it will be ranked amongst very few coins that have used hydro scrypt.
Apart from being a digital exchange, Cryptoa will offer a fiat based coin (Cryptoa coin) to introduce liquidity in the market. It will also work on fintech based product, distribute coins on the basis of hybrid Proof system (PoW+PoS) and most importantly will work on zero commissions and free listing of coins in first 6 months of its inception.
The cryptoa coin is a utility token that will be used in the exchange as a means of paying fees, management charges and consultancy. The coin will have an ample supply of 1,000,000,000 with regular coin burns to distribute profits. The excess supply will keep the prices intact while balancing the volatility in it as well.
Cryptoa is also going to offer a variety of trading options to its users in other to give them a diversified hybrid trading experience. Trades like Forwards / Futures counter and Options Trading can be done on the Cryptoa Exchange platform. The cryptoa exchange will have work in spot and futures both markets, however the volumes of each market won’t affect the other. This is the first time any exchange will be catering to all sets of customers. The spot prices of coins will be transparent and there won’t be provided any arbitrage opportunity.
For more information on the Cryptoa Exchange, Visit their website: https://www.cryptoa.com/