Since the invention of the blockchain technology and cryptocurrency some years ago, a lot of projects in different sectors of the global economy have been integrated into the blockchain in order to leverage on its unique characteristics. Also, there are a lot of cryptocurency exchanges where these different cryptocurrencies are listed for trading.
However, despite the fact that new exchanges are been created every day with the hope of improving on the already existing exchanges, yet there is still a big gap left between these exchanges and traders’ /investors’ satisfaction. This is the reason for the creation of SONATA. Every trader needs a platform where his funds will be safe while carrying out effective and efficient trading.
THE PROBLEMS FACING EXISTING CRYPTOCURRENCY EXCHANGES.
There are numerous factors which affect the smooth trading of cryptocurrencies on the existing exchanges which have called for the creation of SONATA, some of those factors include:
- Complicated interface: in some exchanges only professionals who have much experience could trade due to difficult interface which does not allow newbies to easily operate the platform.
- High transaction fees
- Lack of adequate security: most times traders lose their funds to cyber hackers attacking these exchanges.
- Delay in transactions
- Low trading volumes
THE CREATION OF SONATA EXCHANGE
Due to numerous challenges encountered by traders while using the existing exchanges, Sonata Team of Developers in collaboration with forex analysts as well as professional brokers decided to put together an innovative exchange platform with unique features that will give traders great trading experience. The features on sonata are such that will meet the needs of crypto traders globally thereby attracting more investors into the adoption of blockchain technology
SONATA EXCHANGE
THE OUTSTANDING FEATURES OF SONATA EXCHANGE
- High performance: Sonata Exchange is designed with a simple interface to meet the demands of professional brokers.
- Adequate security measures: Sonata Exchange is duly committed to protect investor’s funds by making use of a hardware wallet that is well secured to avoid loss.
- Artificial Intelligence tool: Sonata makes use of advanced Artificiial Intelligence Algorithm and real time market Data in order to predict the price trends in the nearest future. This feature helps the newbie /beginners to trade successfully alongside professional traders.
- Sonata also offers Margin trading: this is not commonly found in other existing Crypto Exchanges.
- Sonata is designed to offer a customized API that is fully documented that can be used in designing Robots as well as other Applications.
- Sonata has created a social chat room that will enable traders to interact with others on the platform globally.
THE TOKEN
Sonata developers have created a token (SONT) on the Erc20 blockchain that will serve as the major token on the sonata ecosystem.
BENEFITS OF TOKEN SONT HOLDERS
Holders of SONT can benefit in different ways depending on the amount of token an investor is holding. The main Benefit is the fact that Holders earn passive income as long as they hold SONT.
- 80% of the amount generated by the exchange via transaction fees is distributed among Token Holders depending on the amount an investor is holding.
- Holders are bound to make profits as the token value will keep increasing when listed on several Exchanges apart from the internal Sonata Exchange.
FUND / TOKEN DISTRIBUTION
CONCLUSION
Sonata Exchange is designed as an innovative crypto Exchange, among other distinctive benefits, the passive income giving to investors is one feature that will transform the crypto world and cause mass adoption of the blockchain and cryptocurrency. This is one project every crypto enthusiast should embrace and partaken in.
Sonata Road Map
SONATA TEAM AND ADVISORS
For more information please visit the following links:
Website: https://sonata.ai/
White paper: https://sonata.ai/documents/whitepaper-en.pdf
Telegram: https://t.me/joinchat/IwX6Zg-NhB3cJK1hPfbzVw
Facebook : https://www.facebook.com/sonata.cryptoexchange/
Twitter: https://twitter.com/Sonata_ai
Authour’s Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1760015;sa=summarya8
Authour’s Name: nesbee2