If you don't personally invest in cryptocurrency, then it's likely that at this point you have friends, family members, or colleagues who do. Cryptocurrencies have risen from a very niche market to becoming nearly fully mainstream, and they've done so in a very short amount of time.
While there have been market corrections in cryptocurrency market in 2018, everyone agrees that the best is yet to come. There have been a lot of activities in the market that have changed the tide for the better. With proper analysis and the right dose of optimism, anyone who is invested in the crypto market can make millions out of it. Cryptocurrency market is here to stay for the long term.
XchangeCoin (XCC) builds a network of retail stores / kiosks that allow users in Asia and Africa to change crypto into fiat at convenient XchangeCoin locations, options such as changing crypto currency into fiat as well as allowing the customer to send crypto which can be converted to fiat across the country to friends and family.
In America and Europe where there are numerous options allowing users to change their cryptocurrency into fiat, Asian and African customers have far fewer options. Currently, the most popular option is using exchanges which usually take up to 10 to 15 days to process and gain access to your funds. This option also requires the customer to have a bank debit card or credit card. This lengthy process is not only time consuming, but it also discourages new users from entering the crypto space. XchangeCoin want the user experience to be quick, efficient and easy.
The goal of XchangeCoin is to have retail outlets made available in major cities across Africa and Asia, in convenient locations such as mall kiosks, along with retail shops in every major city. The concept is very similar to Western Union or Money Gram.
Benefits and Importance of XchangeCoin
Once a customer provides crypto currency to XchangeCoin their proprietary reselling software, Payment Integration 2.0, immediately sells the crypto currency on the leading crypto exchanges which offer the highest currency rate. This prevents loss due to coin fluctuations or market corrections. XchangeCoin accept the top 100 Market Cap coins allowing for customers to have a variety of choices on the coins they can use. XchangeCoins will be accepted with no service charges or fees. The growth factor will be where the blockchain connects all XchangeCoin locations around the world with a platform that enables a franchise model on the Blockchain technology, allowing for additional revenue streams.
There is a gap currently in the cryptocurrency market creating an unserviced demand across community forum and social media sites in which traders participating outside of America and Europe to be able to easily sell crypto currency without waiting 7 to 10 days. Users have also expressed repeated concerns about overseas banking transfers and online verification procedures. The XсhаngеCоin infrastructure will close this gap in the market, not only by offering an easy access to fiat for their crypto currency but allowing users to send crypto currency to friends and family and allowing them to withdraw fiat if requested.
Conclusion
In conclusion, Throughout our lifetime we've seen many changes take place from the way we shop, the way we watch movies, the way we listen to music, read books, buy cars, look for homes, now how we spend money and banking. Cryptocurrency is here to stay. If you haven't already, it's time for anyone to fully study cryptocurrency and learn how to take full advantage of this trend that's going to continue to thrive throughout time.
XchangeCoin is focused on the ease of transferring crypto to fiat in location across Asia and Africa and creating a world class sustainable blockchain ecosystem that will make transactions from crypto to fiat as easy as going to your local store, blockchain technology has the ability to optimize this infrastructure to deal with the transactions much more efficiently than current systems.