AXNET: THE EXCEPTIONAL CRYPTOCURRENCY EXCHANGE

INTRODUCTION

While it is true that cryptocurrency exchanges have witnessed rapid acceptance and tremendous growth, it still has some inadequacies that merit serious attention. For instance, a cryptocurrency exchange platform by the name Bittrex froze the account of holders for months, while Coinbase platform collapses several times and so many vital information was lost. Coincheck and Bithumb were hacked and the horrible tales continue.
A close look at the current state of cryptocurrency exchanges shows convincingly that the technical architecture is wobbled. Most of the contemporary cryptocurrency exchanges were developed by inexperienced programmers who have never worked on exchanges and framework before. What these inexperienced developers do is to adopt a simple building technique in developing the exchange but this poses scalability challenges and makes the exchange prone to hacking.
Again, most cryptocurrency exchanges in vogue are not as much safe. This particular challenge has for long been affecting so many cryptocurrencies. A lot of exchanges has been hacked and to forestall this, AXNET development team features professional developers with experience in building exchanges with that is very safe and secure for users.
Yet another problem with the current cryptocurrency exchanges is the poor market liquidity as most exchanges need to collaborate with other platforms in order to generate the needed fees and sums by participants.
There are no genuine actors that can produce a tradable condition and raise their volumes. This limited order book implies a huge price slipping during transactions on the platform. AXNET establishes initial relationships with exchanges and buyers and sellers have allowed AXNET to offer a formidable liquidity base over time.

WHAT MAKES AXNET PLATFORM OUTSTANDING

Operational Techniques: AXNET platform leverages on its top-notch research and development crew that offers the strength, sturdiness and competitiveness which guarantees the quality, reliability and vastness of the services rendered.
The team contributes a lot to the prospective well-being of AXNET by providing a robust long-term and big-time electronic and conventional promotions as well as the quality of operations.
The platform aims to reward the active users of the network who do exchanges regularly. Besides, the platform has a referral and guest invitation scheme for exchange participants that will augment the AXNET’s subscriber’s base. With this in place, AXNET will achieve the dream of becoming one of the most interactive cryptocurrency exchanges on the globe.
Very Efficient Platform: AXNET uses a customized trading system that is built with a hardware-boosted and very-efficient memory-identifying machine whose processing capabilities runs into million orders in just a second. AXNET offers users the assurance that transactions will not be delayed on the platform irrespective of the volume because of the hyper-efficient matching machine.
Stable Financial System: AXNET platform uses a sophisticated multiple-layered and multi-clustered architectural framework to afford a formidable and stable platform. Through the usage of a bank-standard business continuity method that executes several tasks that secure a stable system and resilience in instances of hardware errors and concurrently natural mishaps at the same time. The stability is achieved by world-class and multidisciplinary team brainstorming with the singular aim of attaining stability on the AXNET network.

AXNET TOKEN

The AXN is the local currency of the AXNET platform. It is an Ethereum-based ERC20 standard type token which will be used for every operation on the AXNET network. The AXN is compatible with all Ethereum-based wallets and presently, AXN total volume of tokens issued stands at 1 billion tokens and the idea is to give a steady 500 million tokens upon the conclusion of the buy-back program.

CONCLUSION

AXNET platform offers a clear solution to the challenges that are facing several cryptocurrency exchange platforms. It uses a very efficient transaction processing engine that guarantees high-speed transaction and prevents chances of an external attack on the AXNET platform.

AXNET: THE EXCEPTIONAL CRYPTOCURRENCY EXCHANGE

WHAT MAKES AXNET PLATFORM OUTSTANDING

CONCLUSION

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