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XCRYPT

Friday, 17 May 2019






There's no gainsaying  the way that crypto exchanges have been an assistance in the propagation of the decentralized finance agenda achieved by cryptocurrencies.

xCrypt is considerably more than a traditional exchange yet one with a distinction. To start with, it utilizes a hybrid architecture, which joins pertinent features that will help its operations.

Before taking a gander at the significance of this crypto exchange, it's essential to comprehend the issues/issues that prompted its formation.

CURRENT PROBLEMS

Numerous issues continue to hamper the positive effects of cryptocurrency exchanges. In the first place, a large portion of these exchanges center around ERC20 token principles. It merits mentioning that this standard is unconventional to Ethereum-based exchanges. In light of this current, there's a powerlessness to stretch out the administrations to other token measures.

The second issue is the moderate Know-Your-Customer (KYC) process, which prompts hitches in the confirmation of users and their advantages.

Third on the rundown is the security breach  that prompted the proliferation of hacks in cryptocurrency exchanges.

The following issue is the high trading fees that generally sum to 0.2% of the transaction whole. It's likewise important that a portion of the present exchanges have vacation that goes on for a long time before it wakes up once more.

Tragically, there's a powerlessness to conform to the manages of security tokens. This is the reason why numerous crypto coins are unfit to achieve the status of security tokens.

At long last, a large portion of the positioning cryptocurrency exchanges have not had it so great in holding customers/users. This is on the grounds that more exchanges with better offers jump up at interims. In such situations, users won't have any decision than to change camps to appreciate the exceptional advantages that accompany such platforms.

XCRYPT'S SOLUTIONS

Before considering the significance of this one of a kind hybrid cryptocurrency exchange, it's basic to comprehend the thought behind its conception. This undertaking cum crypto exchange isn't only here to comprehend the current issues however to realize another standard in the plan of things in the crypto world.

FEATURES OF THE PROJECT

ZERO FEES

The primary thing that will strike investors is the zero fee approach. This means traders won't need to pay an additional fee for any transaction on the xCrypt exchange.

Second is the integration of various security measures. These incorporate the Centralized Exchanges (CE) and Decentralized Exchanges (DEX) architectures. It took it further with the integration of Crypto Currency Security Standard (CCSS). CCSS has its delegation as ensuring the information systems that depend on cryptocurrencies for transactions.

You might wonder about the significance of xCrypt's adoption of hybrid architecture. The thought is to encourage transactions with the CE and DEX approaches while utilizing important security tools to diminish infractions along the line. In addition, it additionally prompts cost reduction.

THE MARKETPLACE

Beside the utilization of hybrid architecture, xCrypt likewise has a decentralized marketplace where clients/members can execute without problems. Noticeable among the highlights in this is the utilization of a Peer-to-Peer trading design, which endows the control over transactions to the parties involved.  All transactions are conducted by either trading or trading on crypto coins.

FOR WHAT REASON IS XCRYPT AN STO?

It's common thing that the use of Initial Coin Offerings (ICOs) was the standard for a long time after the inception of the most punctual cryptocurrency - Bitcoin (BTC). In resulting years, it turned out to be certain that Security Token Offerings (STOs) are bit by bit assuming control over the spot from the previous. It is on this reason xCrypt pivoted its formation.

The utilization of a STO-format is to decrease the ceaseless instances of misrepresentation that is progressively turning into a normal for ICOs. By this formation, xCrypt stands out into without hitch raising support that will be of gigantic advantage to speculators. It is at present running its Initial Exchange Offering (IEO) on certain exchanges, for example, IDAX. From that point forward, it would continue to other practical cryptocurrency exchanges, for example, BitForex



TOKEN SPECIFICATIONS

Ticker: XCT
Platform: Ethereum (ETH)
Token Type: Utility
Exchange Rate: 1 XCT = $0.1 USD
IEO Launchpad: IDAX Launchpad (Bitforex later)
Accepted Currencies: Ethereum (ETH), Bitcoin (BTC), Euro (EUR), Bitcoin Cash (BCH), United States Dollars (USD)
Soft Cap: $1.5 million USD
Hard Cap: $7 million USD
Country of Registration: Malta

Website : https://www.xcrypt.club

Whitepaper : https://www.xcrypt.club/whitepaper.pdf

Facebook : https://www.facebook.com/xcryptclub/

Twitter : https://twitter.com/xcryptclub

Telegram : https://t.me/xcryptclub

Instagram page : https://www.instagram.com/xcryptclub/

Youtube CHANNEL : https://www.youtube.com/channel/UCSTVlIYw7fj9PrVu9FYKKVQ

Github : https://github.com/xcryptclub

Bitcointalk ANN Thread : https://bitcointalk.org/index.php?topic=4993175.0

Medium : https://medium.com/@xcryptclub

Written By: chacha1000
Bitcointalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=2015045

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