Introduction
Exchase is an innovative ecosystem of fintech services, which includes a trading platform (forex and crypto exchange), a payment system and an instant payment service, social trading (PAMM accounts), an exchanger, including a decentralized exchange (DEX) and binary options trading service. Exchase ecosystem development is carried out with the use of modern development stacks. Our team consists of young and ambitious developers. Exchase will issue users with an Exchase platform token (EXSE) which is fixed at 200 million. The platform will run on the Ethereum blockchain and specifically, tokens will be bought by using only ETH via smart contract.
The EXSE token will be available for trading on the top 30 cryptocurrency exchanges according to CoinMarketCapp. The first round of private sale will commence on 15th December, 2020. Nowadays, people use the term Fintech (Financial Technology) to describe new tech in the financial industry which helps companies, business owners and consumers better manage their financial operations, processes, and lives. Cryptocurrency is also a part of fintech, which is a revolutionary invention in the global financial industry, which allows people to be able to make transactions anonymously, efficiently, and without a third person.
Talking about Fintech, is a Fintech platform called Exchase which is an ecosystem with many financial platforms in it, such as crypto exchange, social trading, binary options, a payment system, and an exchange service.
Esssentially, Exchase offers a unique high-tech approach that incorporates various services offered by many entities in both the crypto industry and the mainstream fintech market into one system. That way, creating one profile for all of these programs enables users to save large sums while using them because of the flow of money. Throughout the transfer transaction process, Exchase does not charge fees for these services and in cases where fees are accrued, it is only minimal.
EAXCHASE TOKENS:
Token name: EXSE.
Token standard: ERC 20.
Blockchain platform: Ethereum.
Smart contract type: open.
EXSE will serve as the native token of Exchase across the network. The EXSE token for its users is a token issued by Exchase. 200 million coins will supposedly be released and there will be no further releases. As result of the crowd-selling initiative, 200 million EXSE ERC standard tokens will be released. The tokens would be burned at such rates to lower the trading commission. EXSE tokens may also act as long-term assets, like other forms of tokens. In addition, these tokens allow customers on the Exchase framework to save commissions on trading activities. On this website, referral incentives are accessible as well.
In conclusion, as more people and business begin to adopt blockchain technology, so many more organizations are taking advantage of this technology to provide their customers with streamlined financial services. It is good to see a project such as Exchase incorporating this technology in making FinTech services a lot easier. Integrating several crypto services under a single domain is a unique development and the first of it’s kind. There are so may reasons why you should take a closer look at this project.
MARKET ANALYSIS
As a rule, cryptocurrency traders do not have that many exchanges where it makes sense to trade. The most popular are Binance, Coinbase, Kraken, Huobi, and Bittrex. Regarding the functionality of social trading and social services for traders in general, their number is two times less, and here only InstaForex, AMarkets, and eToro are of any interest.
MARKET PROBLEMS.
Based on the analysis of current proposals, we can display a general list of common problems.
Insufficient level of security. Due to frequent hacks, users are afraid to keep their funds on exchanges. Therefore, our team with its cybersecurity department has made great efforts and conducted many tests that can guarantee almost 100% protection against hacking.
Insufficient number of tools for technical analysis. The best option for successful trading is preparation. However, most of the exchanges do not provide users with the opportunity to conduct a detailed technical analysis of a particular currency. This stops both novice traders and experienced ones.
Lack of training materials. Nobody comes to the industry as a cool specialist. Quality tutorials are a great solution for any platform. The main goal of all market players is to make a profit, therefore the availability of basic materials that would teach how to trade, analyze charts and explain typical mistakes are an important component of any trading platform.
Small pool of coins. Surprisingly, nowadays, most exchanges do not solve this important problem. Crypto-to-crypto and fiat-to-crypto pairs are practically the same on every platform. This is a significant disadvantage because as a result, it does not make the marketplaces unique and more attractive.
A very complicated verification procedure. The KYC procedure should not be too simple to protect against fraud, but not too complicated to simplify the work of users with the resource. Not all exchanges manage to find a middle ground in this matter.
Complicated user interface and limited languages. An unpleasant situation when you come to a new platform and find Chinese localization there. But another important problem is a large number of graphs, tables, buttons, an incomprehensible interface, and untraceable logic of user behavior on the site.
Lack of mobile applications. Most of the time a modern person spends not with computers and laptops, but with smartphones. Therefore, the lack of a mobile application for iOS or Android is considered a critical flaw. Native apps will eventually replace websites because their usability is many times higher.
SOLUTIONS FOR MARKET PROBLEM.
At the moment, we have created the basic functionality that will be deployed on the platform in stages. It is also planned to add other functions that can solve the current problems of the market and traders.
Based on the current market problems, our trading platform will have the following set of solutions:
About 2 million transactions per second The most important part of any exchange is its speed. The core of the trading system is capable of processing about 2,000,000 requests per second. According to the analyst team, this number is optimal to ensure high transaction processing speed without the need to deploy additional capacity that will be idle.
Futures : It should be noted that the cryptocurrency market is experiencing a big rise not only in trading volumes but also in the introduction of tools familiar to ordinary traders for making a profit. Our platform will support the trading of futures contracts. This solution provides more opportunities for earning money and attracts a large audience of traders to the platform.
Margin trading : Trading on margin is a requirement for any modern exchange that wants to compete with large players. Therefore, we consider it mandatory to add this type of trading to our platform.
Decentralized exchange : Not all people trust exchanges, which means that it is necessary to provide an opportunity to make decentralized exchanges for those who are especially worried about the security of their funds
Anonymous instant exchange : It must not be forgotten that cryptocurrencies were created to provide greater anonymity. Every trader who wants to make an anonymous instant exchange can do this using our service.
Spot trading : In addition to futures trading, spot trading will be added. This type of trading is the most popular and familiar to the trader audience, as well as the most reliable, fast, and simple.
CHARACTERISTICS OR FEATURES OF EAXCHASE.
Crypto Exchange: Allows users to exchange crypto on the Exchase platform.
Margin trading: A trading feature that has been implemented by the Exchase team, which is very helpful for traders.
Listing: List of popular cryptocurrencies or new cryptocurrencies.
Crypto wallet: Allows users to store their assets in a secure digital wallet.
Purchase EXSE tokens: Buy EXSE tokens and get the benefits.
Crypto games: Allows users to play crypto games designed by Exchase.
Money Transfer System: A money transfer system that integrates crypto and fiat.
Binary options: Binary options with simpler rules and easy to understand for inexperienced users.
Social trading: Allows users to subscribe to masters (PAMM managers) and allows users' trading activities to follow / copy the trading activities of these professional traders.
Crypto loans: Allows users to get plastic debit / payment cards with a credit limit according to the user’s credit history and trading history.
DEX: Decentralized exchange that allows users to exchange their crypto using the atomic swap mechanism.
OTC: Allows users to be able to trade their share of a project with over-the-counter (OTC) trading on the Exchase platform.
BENEFITS FROM EAXCHASE.
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To down in history: you will do something that will irreversibly change the lives of billions of people over the next 15 years;
To make yourself valuable: in the project, you will meet with 90% of the main technologies of our time and become an expert in them;
To strengthen financially: you will receive a monthly salary equal to 2.5 average salaries in the market of your profession.
Token Sale Information:
Exchase will release its ERC-20 token, Exchase (EXSE), with a total supply of 200,000,000 EXSE. It will sell 1000 000 EXSE at 0.0004 ETH, with a minimum contribution of 0.02 ETH.
An acceptable currency is ETH via Ethereum smart contracts. The token presale will start at 15.12.2020 12.00 UTC and end at 25.12.2020 12.00 UTC.
Buy EXSE Tokens Through Smart Contracts
To buy EXSE tokens, you need to transfer ETH from your personal wallet to the smart contract address: 0x075e78a1569Cae4e591c049E72eE581Ea4e1c639
The minimum amount of tokens to buy is 50 EXSE. After completing the transaction and confirming it on the network, the user receives an EXSE token to his personal wallet.
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DETAIL INFORMATION:
Website: https://exchase.io
White Paper: https://exchase.top/en/Exchase_WhitePaper_EN.pdf
Twitter: https://twitter.com/ExchaseF
Facebook: https://www.facebook.com/ExchaseF
Telegram: https://t.me/exchase
Reddit: https://www.reddit.com/r/Exchase
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AUTHOR OF THIS ARTICLE:
Forum Username: Bimal2022
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2892610
Telegram Username: @bimal1665
ETH Wallet Address: 0x70cc0D181aa54A0AE5050c51dFA2A2196A075600