(finxflo.com)
Cryptocurrencies and blockchain tokens have exploded over the last number of years. Blockchain technologies have allowed the decentralization of secure information and value transfer. The meteoric rise of Bitcoin, Ethereum, and the now plethora of cryptocurrencies is reminiscent of gold rushes. The wild west crypto space is evolving. As the dust has been settling, the problems and inefficiencies are becoming clear. With so many exchanges, wallets, fee structures, and verification requirements, it is hard for the new investor to navigate. The tech, time, and organizational hurdles to enter the crypto space are real.
Finxflo is positioning itself to remove the hurdles in the crypto space that we have discovered over the last few years. It’s platform design shows a lot of promise to help investors get in easier. It solves the most challenging and obvious obstacles for new and existing traders.
The Problem of Multiple
Finxflo has tackled the problem of ‘multiples’ for crypto traders. Multiple accounts. Multiple KYC. Multiple wallets. Most traders are on three or four exchanges. They are holding coins in two or three wallets. They need to go through several KYC processes. They are managing several account details. All of this just so these traders can access the best exchange prices and rates, and hold the coins they are most interested in.
Finxflo is a unique exchange because it solves these problems for the average crypto trader. Finxflo offers confidence that traders are getting the best possible rates on all their crypto exchanges. It does this while also helping users store all their coins securely. The beauty of their platform is that is all done with one account, one KYC process, one wallet, and one exchange interface. No need to manage and monitor so many accounts.
(The Finxflo mission: credit:finxflo.com)
The Problem of Price Guarantee
The real magic of Finxflo is that it simplifies crypto trading for the end users, while guaranteeing those users the best top of book price on their trades. Currently, if a trader wants to ensure they are getting the best value on a crypto trade, they have loads of work to do. They need to monitor offers for the pair they are trading on several different exchanges. They also need to calculate the fees associated with trading on each of those platforms. All this just to so the user can feel like they are actually getting the best price for their crypto asset.
Finxflo takes the headaches out of this for the end user by doing all this work for them. The platform aggregates offers from many markets and presents the best ones to the user on one simple interface. Users can then execute all their trades right from Finxflo at the guaranteed best prices. Simple. For the average cryptotrader, and especially for newcomers, Finxflo offers simplicity and peace of mind. This is a huge step forward in facilitating further adoption of crypto in the years ahead.
(Credit:finxflo.com)
The Liquidity Problem
Liquidity is a major hurdle for many traders. Depending on which exchanges offer the best prices and access to the tokens they are trading, users often need to transfer crypto assets from one wallet and exchange to another. This can take time, and often comes with fees and delays.
This liquidity problem associated with cryptocurrencies has been plaguing the technology for years. Finxflo has attempted to solve this problem as well. Users on Finxflo not only find the best rates for their trades, they have the added bonus that all their liquidity is now available on all major markets and exchanges without additional transfers and fees. This is a huge step forward for current traders, and will pave the way for many more to enter crypto markets.
Value Generation
The Finxflo exchange platform and token cleverly solve some of the most annoying hurdles to entering the crypto space. They simplify things for the end user, and save them money. This is likely to be a winning combination over the coming years, that positions their platform for growth.
These are not the only value-adding features of the Finxflo platform, but definitely it’s most obvious. Their whitepaper details several other advantages. It is a low latency, fast, and secure platform. It’s interface is well designed and easy to use. Ultimately, this platform delivers simple value to its users that other platforms simply don’t offer. If you want a quick overview, you can check out their one pager, or demo their platform at https://finxflo.com/. If you are really eager to participate early, you can also get involved with their ICO process at https://ico.finxflo.com/.
@mjdr wrote this as A sponsored article written for a bounty reward.