With full disclosure, I advise you, my valuable reader, that this is a paid review. Please rest assured that this is completely objective and I do not have to press what I have to say here.
With so much attention turning to the big news item in crypto circles, you can be forgiven for not following what comes with the innovation of decentralized cryptocurrency exchanges. It seems headlines about hacks on centralized cryptocurrency exchanges, and the Government forcing exchange operators to comply with regulatory compliance have dominated the space.
If you add that operational hubbubs such as Ethereum and their competitors that appear in space, such as NEO, Cardano and the like all become a bit noisy. With these names all competing for pole positions in 2018, in what's touted as the platform year, you'll be forgiven for the loss of behind-the-scenes changes.
Beyond all that noise is something of a black horse that potentially reverses the entire system above its head, which becomes a decentralized cryptocurrency exchange.
A decentralized cryptocurrency exchange (DEX) is exactly that, a cryptocurrency exchange that operates on the blockchain. A decentralized cryptocurrency exchange model does not require a central control point, it is completely unreliable and is subject to the same unstoppable forces that we know and love about Bitcoin.
As a result, after use and use, as a peer to peer model, it can never go down as long as there are users in the system. There are already several organizations working in this space that provide the means to do what you can do in most centralized exchanges, but I am absolutely sure that they will find that they have a very tight competition right away.
I am not a faithful believer that 'first to win the market' is all and end-all for success in the cryptocurrency space. Innovation and focus on delivering exciting and fun user experiences are just some of the aspects that decentralized cryptocurrency exchange developers need to do today. This is why I mentioned earlier the competition that Ethereum started to see. Just because they are first to the market does not mean that something better will not come after them.
When it comes to decentralized cryptocurrency exchange, also referred to as crypto coin exchange, at the end of the day, as a user, I want to have an intuitive and engaging interface to work with that built on a solid programming base, and has been widely adopted. Most DEX does not currently have these key components. Therefore, I am excited to see what will come out of the next 12 months of development work and rolling into 2019.
On which began appearing online is an exchange called LightBitAtom. The short video below provides an overview to describe what LightBitAtom should be getting ready to deliver. I say it is said because there are some striking problems with what I found in my investigation into their project and team, which I will learn more as you read.
The LightBit atom has an easy to use, robust, decentralized cryptocurrency exchange technology that enables a P2P exchange between one cryptocurrency and another cryptocurrency. This secures operations with digital money, and also secures offline wallet storage of users different cryptocurrrency funds while offering new users a unique technique to enhance their skills. It is the main aim of a safe and secure trading system.
This exchange platform was created because of the following reasons: Audit, Reliability, Seecurity, Monitoring, Finacial Stabiltiy, Secure Off-platform Wallets, Payment Options and cross Chain Trade. The Lightbit atom exchange can be accessible throughout the world with an instant support facility.
The goals of the LightBit Atom Exchange is to:
1 Bring unique and innovative features in lightbitatom exchange which holds the cryptocurrency standards.
2 Offer a unique platform to a large number of active cryptocurrency trading communities where they can exchange between different top ranking crypto currencies with p2p system.
3 Monitor the performances of newly added coins so as to maintain the standards of the Lightbit atom exchange platform.
4 Allow a secure and safe transaction among the multiple cryptocurrencies with low trading rates which allows the team to make unique choice among cryptocurrency trading community.
The main objective of Lightbitatom is to satisfy customers and also remove out all the cons of the existing exchanges worldwide including in and out fees. The platform also has some exchange innovations. These innovations include secure trading, secure wallet, offering a user friendly platform, offering an auto-pilot trading, Offering a decentralized trustless platform and also a referral platform.
What benefits use the Cryptocurrency Exchange offer Decentralized?
For me, the biggest problem with centralized cryptocurrency exchange is that you do not have private key controls for the wallet where your funds are. If an exchange is hacked, your balance may be open, and therefore stolen.
A decentralized cryptocurrency exchange does not keep funds in the wallet in their system for you, it just provides the means for you to transact with others in the stock directly from your wallet controlling the private key.
Another thing I find disturbing about some centralized cryptocurrency exchanges is the reports that arise about allegations of changing the balance of their wallets with placeholder tokens and trading balances without the knowledge of the owner of the balance. Some exchanges are being investigated seriously by their local authorities with allegations against those made including theft, fraud, and fraud.
Considering the lack of regulation in this space and the inherent risk of some exchanges, with DEX, in particular, the situation of theft is impossible (as long as the code is open source), and that is a big sign in the 'peace of mind box for me. DEX which also utilizes the power of a lightning network and cross-chain atoms exchange will be one of the center of attention in my opinion. And here's why I wrote a post to draw your attention to LightBitAtom. I believe that
How will Decentralized Cryptocurrency Exchanges benefit the average person?
With the emergence of privacy-related discussions on the market, this supportive crypto exchange is definitely beneficial. One element that LighBitAtom aims to utilize to attract attention is that it does not need to verify the user's identity to operate. Some people will see this as a big plus, especially those who are more quiet when it comes to providing their personal details like a copy of passport and driver's license. In general, the reduction of this type of sensitive data circulating on the internet will greatly reduce the potential for identity theft.
LightBitAtom also markets the ability to utilize atomic exchange and diversify into broader coin options. This is one of the hottest things as far as additional options go into DEX space. For reliable DEX, this will allow more opportunities to buy cryptocurrency. It will also provide a path for consumers to access the best cryptocurrency to invest in their portfolio needs and individual risk appetites.
With a much lower exposure cost, the DEX model is one that will attract a lot of people. Some centralized exchange can more or less hide their costs when it comes to moving Altcoins from an exchange and into your wallet. One of the experiences I had as a token buyer, Nucleus Vision (NCASH), was a decent NCASH 80 charge for moving my purchase from exchange and to my MEW wallet. A decentralized cryptocurrency exchange does not gouge anything at the same level. Decentralized exchange users often find that lower costs are very attractive.
LightBitAtom Roadmap
Successful Project always has a purpose to reach. these points can be read easily on a roadmap to track every progress will be through on the project. easily shown on the roadmap to track the progress of the project. As you can see following below, the Roadmap of LightBitAtom projects looks very clear and informing. the team has planned in detail the big amount of tasks to be done and to be through. just looks the roadmap truly
MEET THE TEAMS
Every a great project there is always A great team behind it. LightBitAtom project consists of 6 people. They are professionals and specialize handling the startup project. Their experiences and dedication will bring great result and positive progress ahead. let me introduce to all of you. there also 3 advisors that assist their work give good contributes. what a great teams it is.
About Token Sale
ICO Details
NAME OF TOKEN:LBA
TOTAL SUPPLY:1 205 000 000 LBA TOKENS.
PRICE PER TOKEN: 100 LBA = 1$
PURCHASE MODE: ETH (ETHEREUM)
EXCHANGE RATE:POLONIEX BUY RATE ETH/USD
DURATION OF ICO: 3 MONTHS
Soft cap: $1 Million USD
Hard Cap: $8 Million USD
REGULATION: UNSOLD TOKENS ARE DESTROYED
How To Participate in LightBitAtom,Visit link below
https://lightbitatom.com/
and Complete the registration
Token distribution & Fund Allocation
The tokens are collected will be distributed within several sections. here the details of the amount in every section that all of them clearly describe following below
LightBitAtom Project has also been connected with some media
LightBitAtom weaves partnership with reliable partners. it had realized that project cannot grow without any partners. good partners are welcomed LightBitAtom , is one indicator there is a trust within LightBitAtom project. here the list ofLightBitAtom Partners.
LightBitAtom was chosen as one of the best top ICO in 2018
for your consideration and answering all doubts mint in the mind. LightBitAtom was rated with reliable rating agencies specializing analyze crypto according to the performance of the relevant ICO
Why Join LightBitAtom ?
Beside the short explanation above, you may consider to take a look at these credible rating sites. See how the experts rank LightBitAtom with a good mark there. Moreover, LightBitAtom has also reviewed in such well-known medias as Top ICO list, WISER ICO , ICO BENCH, TRACK ICO and Etc. It shows us that this project is more than good and promising. By the time I’m writing this article.
Watch tis video review about our project
Well that’s a little review of LightBitAtom project on this occasion. If the information is still lacking, you can see it directly on their official website and in some links that have been provided below
WEBSITE: https://lightbitatom.com/
FACEBOOK: https://www.facebook.com/lightbitatom/
LINKEDIN: https://www.linkedin.com/company/light-bit-atom/
TWITTER: https://twitter.com/lightbitatom
INSTAGRAM: https://www.instagram.com/lightbitatom1/
TELEGRAM: https://t.me/lightbitatom/
WHITEPAPER: https://lightbitatom.com/whitepaper
BTT Link Profile : https://bitcointalk.org/index.php?action=profile;u=1907858;sa=summary