What is UPcoin? — SteemCN

Free 500$ to those who join us on beta-testing

http://upcoin.com/?ID=4f7e2063

UPcoin is a fast, safe and convenient crypto exchange, supporting both cryptos and fiat currencies. Trading starts in March 2018.

Our Mission

Our mission is to become world’s #1 exchange and become the fastest, safest and most convenient for traders from all over the world.

Background Research

Prior to launching our campaign, we did a series of closed interviews with 400 traders, both beginners and professionals, in order to find out the needs and problems typically experienced at other exchanges. Results were astonishing: 90% of traders provided identical responses! Survey results obtained during pre-launch only confirmed the problems voiced by our focus group.

UPcoin’s strategy therefore is to address these issues and provide traders with a fast, safe and convenient place for trading.

Over 400K+ registrations in just 6 days show the demand for exchanges that listen to their customers.

What makes UPcoin different from other exchanges:

Speed
UPcoin’s server structure guarantees minimum waiting times and consistently high performance across the world. Our servers are located in all global regions: no matter what country you are trading from, UPcoin will always perform at top speed.

Based on results of load testing, UPcoin can process up to 5 million transactions per second. This number is ten times greater than any other exchange. This guarantees stable performance at all times.

Safety

Security is given top priority at UPcoin. Security audits were done by independent experts and we are confident the system is well protected. Still, we aim higher and in Q2 UPcoin will be launching a closed bounty program at hackerone.com, paying white hat hackers to test our security systems — this is a part of our continuous improvement process.

Finally, 97% of customer funds will be kept in cold storage when trading opens.

Convenience & usability

Many traders reported some exchanges were difficult to understand for beginners. To address this problem, a team of professional UX designers created a system that can be easily understood by beginners and effectively used by experienced traders.

Choice of coins for trading

UPcoin will list top 100 coins from start. Our goal is to have 1000 trading pairs by from start and our dev team has already added many of them. This is all done with you in mind, — trade your favorite coins at one exchange.

We will keep adding tokens after launch.

Variety of order types

UPcoin will offer various order types for trading, including: limit order, market order, trailing stop, stop order, stop limit, immediate or cancel. Traders have asked for the trailing stop in particular and we heard them.

Set your stop loss and take profit at the same time. If you have ever lost your money because you set a target price instead of a stop loss, you know how important this is. At UPcoin you will be able to set your stop loss and take profit at the same time, depending on which comes first. Setting stop loss and limit is very simple at UPcoin.com and is shown below:

Responses within 24 hours or less. The problem of response times is one of the most topical for traders. No one has to wait for weeks or even months to just get a response, not necessarily a solution. UPcoin is going to change that. We guarantee a response within 24 hours or less.

The Roadmap
Our roadmap is simple and is divided in three major stages:

Pre-launch December 24, 2017 — January 31, 2018

During pre-launch official public announcement is made and community is formed. A special $500 reward is given to those who sign up; the sign up bonus can be used to cover trading fees and that is the only purpose of this bonus.

Beta testing February 1, 2018 — February 28, 2018

The purpose of beta testing is to ensure the system functions as designed. There will be a limited number of beta testers, and if you want to participate, send us an email at [email protected]

NOTE: All users will still retain their registration bonus, irrespectively of whether they take part in beta testing or not.

During beta test, all deposits will be disabled, all trades will be done in demo mode. Deposits will open on March 1, 2018.

Project begins March 1, 2018

After beta is officially completed, all necessary changes will be made, UPcoin will enable deposits and trading will begin.

The Power of Community

Please help us spread the word by sharing, reposting this article or translating it to your language! We will be posting more news as we go, keeping you updated about UPcoin.

Tell your friends about UPcoin and invite them to join the exchange.

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