There are two recognized types of exchange in crypto-currency trade which are the custodial and the instant exchange methods.
The custodial trading approach stores the users (customer's) crypto-currencies in their system.
And the instant trading approach as the name implies processes and exchange customers crypto-currency instantly with storing them.
Let's consider the #ChangeNOW platform.
This is a platform created and operated on the web to ease the trade in crypto-currency and make it clearer and simple for users.
ChangeNOW, a decentralized crypto-currency trading avenue works on the instant crypto-currency trading approach and achieves this through the use of decentralized technologies.
ChangeNOW is created to upgrade exchange in crypto-currency.
THE LAPSES IN THE CRYPTO-CURRENCY TRADING MARKET
The presence of many setbacks in the crypto-currency trade market disallows the maximum productiveness of the system.
Looking at some of this lapses, we have;
- THE CENTRALIZED SYSTEM
Centralization of the crypto-currency trading system still hinders the efficiency of the system.
A great number of crypto-currency industries has been designed as a decentralized system, yet these industries still Introduce lots of services practiced in the centralized system, they subject and take full control of the user's fund leaving the clients with little or no control over their (the clients) funds.
- SECURITY PROBLEMS
Security problems are one of the risky challenges faced in crypto-currency trading.
A great number of platforms that operates and runs their system using the custodial crypto-currency exchange method are faced with the risk of being hacked by cyberpunks as crypto-currencies of the users are saved on their frameworks.
Mistakes by staffs can at times set in coupled with possible failure in technologies, this also puts the customers funds at risk.
- HIGH LEVEL OF OPACITY
The absence of transparency reduces the efficiency of the crypto-currency market...
Platforms who pledge to uphold lucidity in their operations are still slacking in that aspect as they still hide informations regarding the running of the platform, they end up sowing the seed of distrust in the hearts of the customers, through this, they promote con and scare away potential users.
- INEXPLICITY AND TEDIOUSNESS IN ACCESSING THE SYSTEM
Since the crypto-currency market is still a new avenue in the world today, using and accessing it may prove to be wearisome for customers especially the beginners.
- INEFFECTIVENESS OF THE CUSTOMER CARE
The users at times do not get the desired attention and help from the support teams, the users end up getting up getting undesired responses, unnecessary waits, and unhelpful answers.
ChangeNOW PRESENTS A WAY OUT
ChangeNOW most important focus is decentralization, they are designed in a way that grants the users great access to their funds.
Due to the instantaneous exchange of platform, they curb the security threats of being hacked as well as reducing human mistakes by using decentralized technologies of the world.
A wonderful job is being done by the ChangeNOW support team in attending to the users and also in providing the necessary aid and information required by customers to facilitate accessibility and transparency.
NOW TOKEN
The NOW token (ChangeNOW official Token) will be made available and inaugurated on the Ethereum blockchain and will be gradually distributed to users.
CONCLUSION
The ChangeNOW platform exchanges users crypto-currency immediately ensuring safety and productiveness.
They provide a better response time and facilitate lucidity.
Why not take a chance now...
Connect With ChangeNOW
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Author - Golden
Bitcointalk Username - Mymy_
Bitcintalk Link - https://bitcointalk.org/index.php?action=profile;u=2236211