There are so many cryptocurrency exchange in the crypto space for now, but it is very unfortunate that most of them are not worth to be called exchange; they lack the capability to function as an exchange and their services is below expectation. The fact is that, the users and the traders suffer it all. I discovered that many of this cryptocurrency exchange were created by inexperienced set of team; no adequate knowledge backup and they have no license. It is very risky trading in an exchange that has no license or trusted background. As a cryptocurrency enthusiastic, I have always been feeding and directing all my fans on the rightful path to take once it comes to crypto ecosystem.
I understand that many of us don't know the criteria to look into before choosing an exchange where you will be trading your cryptocurrencies. But since am available, I want you all to rely on any information I will share with you.
Today, I want to introduce an upcoming cryptocurrency exchange which we must all adopt as a marketplace for trading of our cryptocurrencies. ParamountDax is the name of the exchange and am assuring you that the exchange has features which make them supersede other kinds of cryptocurrency exchange in the crypto space as of now.
PARAMOUNT EXCHANGE
ParamountDax is a cryptocurrency exchange for trading of digital currencies. ParamountDax is a very secure and reliable exchange designed to solve the challenges and the needs of the crypto community. ParamountDax is an exchange which already obtain a licensed from the designated authority to stand as a marketplace for trading of cryptocurrency assets. The ParamountDax exchange was designed and built by high prominent personnel which command respect in the financial and blockchain organization. Those calibers of intelligent people has gathered to build a secure exchange which will make traders enjoys themselves while trading.
Before ParamountDax was designed, the team has done a lot of extra feasibility studies to know the challenges facing all the existing exchange, and they have found the answer which led to the creation of ParamountDax exchange. ParamountDax exchange was designed to meet up with the taste of cryptocurrency investors and traders which want a reliable marketplace for their financial operations.
PROBLEMS PARAMOUNTDAX WANT TO COMBAT
Let me summarize those challenges exchange are facing here;
Most exchange are not secure enough to safeguard the platform and the user's funds. No wonder there are a lot of hacking reports vandalizing an exchange to move away with user's funds. This makes many traders don't feel comfortable using some of this exchange.
Some of these exchange are not fair with their policy and activities. The kyc process of some exchange is even more difficult than when someone is applying for international visas; some exchange might take weeks before they could approve someone kyc. Another issue is listing policy; some of this exchange makes life difficult for many projects to list on their platform. I can remember some exchange charge up to 7 BTC before they could list your project. All these are frustrating the project owner, the investors and the supporters.
Lack of interface and low liquidity is another issue battling with most of the exchange today. Some exchange are not user friendly and also lack the liquidity to command volume in their exchange. It is very frustrating when you place a sell order and up to a week, no one has picked it. This makes traders lose their assets to shortage.
The last issue of exchange ParamountDax want to combat are high transaction fees, language barriers and irregular customer support.
PARAMOUNTDAX IS THE SOLUTION
ParamountDax is a centralized exchange that gives autonomy to the users to manage their assets swiftly while trading cryptocurrencies on this platform. ParamountDax is an exchange that will make cryptocurrency traders have a cool trading experience while exchanging their digital assets. ParamountDax exchange is a marketplace where we can trade cryptocurrency to fiats or fiats to cryptocurrency.
FEATURES OF PARAMOUNTDAX EXCHANGE
High Security and Risk-free
ParamountDax has put all measures to build an environment that is very secure and tough for any hacker to penetrate. The ParamountDax has has a risk management implemented into their trading engine to subdue the risk of losing an investment. This means users of ParamountDax exchange can never lose their investment while trading.
Liquidity and Low Fees
The ParamountDax has every potential to command high liquidity in their exchange. They are engaging in many publicity to make sure they have enough users; they are also implementing tools that will help to match buy and sell orders quickly. In the second part of this, ParamountDax charge a very low transaction fees. It was estimated to be less than 0.02%.
User-friendly and Multilingual
ParamountDax was designed to suit the taste of users, it is very friendly and have a lot of interface. The ParamountDax also supports different languages; this means someone from Asian, African, Europe, American and the rest of the world can make use of the exchange, except the few countries that ban cryptocurrency.
There are still many other features of ParamountDax exchange but let me stop it. On your own, you can find more from their website.
PARAMOUNTDAX TOKEN (PRDX)
PRDX is the native token of ParamountDax exchange, it was launched to serve as the fuel driving the platform. The PRDX can be tradable on its own and it can also be used for paying transaction fees. It is an ethereum based token and it can be stored in any ERC-20 compatible wallet.
PRDX TOKEN SALE
ParamountDax is an exchange that needs a lot of financial support for startup. So therefore, ParamountDax will be selling the PRDX token to raise funds which will be used for developing the platform at large. They are inviting cryptocurrency investors to come and invest in this project. It is a reliable platform that have licensed and am assuring all investors that they will smile at the end.
Join the token sale today and smile to the bank tomorrow ….
Here are the details of the token sale;
CONCLUSION,
As a cryptocurrency investors and traders, I recommend this exchange for you. Their services are very ok to the standard you desire. I believe we all know that crypto market is very volatile, but their risk management will prevent you from losing your investment. Enjoy low transaction fees while trading in ParamountDax and have a reliable mind that your funds are safe in ParamountDax exchange.
You can browse more details about ParamountDax exchange here:
Website: https://paramountdax.io/
ANN Thread: https://bitcointalk.org/index.php?topic=5137789.0
Whitepaper: https://www.paramountdax.io/whitepaper.pdf
Twitter: https://twitter.com/ParamountDax
Facebook: https://www.facebook.com/Paramountdax-2024636494500768/
Telegram: https://t.me/ParamountDaxICO
Their exchange MVP site is ready as well : https://staging.paramountdax.com
Author : yarikcripto
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2638534