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XCOYNZ - An Exchange Where You Set Your Own Fee

XCOYNZ - An Exchange Where You Set Your Own Fee
Thursday 31 January 2019
I really find it hard to remember how many times I have already talked about cryptocurrency exchanges, their value, opportunities and benefits. Nevertheless, this topic does not cease to be relevant, as the technology itself and the related infrastructure are developing. There are new opportunities and more advanced tools that allow not only to improve the quality of services, but also to increase their number. To make it clearer to you what I'm talking about, I propose to consider the most common problems that are now encountered in the field of crypto-currency exchanges.
The main task of each cryptocurrency exchange is a high-quality, fast and secure exchange of one cryptocurrency to another, while at the same time using the usual Fiat currencies in their transactions at a minimum. However, the growth of the market and the number of registered users provoked a new wave of needs in cryptocurrency exchanges. Users want to see a more functional exchange that will easily and quickly allow to exchange various kinds of cryptocurrency pairs, while Fiat pairs for cryptocurrency and also in the reverse order, cryptocurrencies for Fiat money.
Unfortunately, many existing exchanges can not qualitatively implement the above list of needs. And if they can, then this kind of operation takes the user too much time, effort and Finance, as each transaction costs from 0.5% to 4%. In this case, very often there is a situation when there are no suitable currency pairs to make the necessary transfer and the user has to somehow get out and connect additional platforms where the exchange for the currency pair he needs exists. Thus, a vicious circle is formed and users spin in it from day to day.
But do not worry ahead of time, as technology does not stand still, and the best minds of mankind have long been looking for ways to solve the problem that we are today and talk.

About the project

XCOYNZ is a new generation exchange, the main purpose of which is to eliminate any obstacles to the exchange and transfer of one asset to another.
That is, XCOYNZ will finally open an amazing opportunity for users in free crypto-currency exchanges for a large number of crypto-currency pairs, as well as buying and selling the same digital assets with the help of Fiat pairs. At the same time to ensure all transactions quickly, safely and as comfortable as possible. But in order to consider the essence of the platform in more detail, I propose to study its current features and advantages.

Design feature

The wallet built into the XCOYNZ system will have (SAW) technology that contributes to the high-speed processing of all payments. And thanks to additional algorithms, the user will be offered the most profitable combination of assets ready for exchange, while reducing its possible losses or, conversely, increasing its profit. Moreover, this algorithm is programmed to prompt the user to receive a signal about the purchase or sale of a coin.
It is important to note that the XCOYNZ platform is designed for both physical and commercial and legal users. Moreover, all the functions and capabilities of XCOYNZ are easily adapted to any type of business, and the payment gateway allows you to quickly accept and transfer any kind of cryptocurrency as payment for a particular type of product or service.

Advantages

The installed wallet with its smart contracts is able to offer the following advantages to the participants of the system:
  • first, the economic benefit of all matching currency pairs;
  • secondly, the smart algorithm is sharpened to ensure that you do not lose your strong crypto assets, making this or that exchange;
  • third, this algorithm is able to analyze your existing assets and offer ways to store certain coins as a long-term, medium term, and which at all in the short term;
  • fourth, the user can set the priority of the currency with which all subsequent transactions will be carried out;
  • and fifthly, each user will receive a unique opportunity from the XCOYNZ exchange, with the help of which he will be able to independently set the cost of the transaction for his crypto assets. This method is able to provoke a new wave of development of exchange relations between its participants, thereby opening opportunities for individuals and their Bank accounts.
For clarity, I propose to look at this scheme, where step by step are all possible actions within the framework of XCOYNZ.

The details of the STO

As in any other project, the token has its direct meaning and influence on the development of the platform itself. That is why XCOYNZ has developed its own token – XCNZ, the main purpose of which is to expand the business, ensuring its ease of use and mass appeal. This token uses Ethereum platform with built-in ERC20 standard. In total, the platform will release 1 billion 250 million coins, the initial value of which is estimated at $0.05. This will have three phases of sales, each of which will last for 6 weeks. The amount of the desired Hard Cap is $ 26.5 million.
The distribution of tokens is as follows:

Partners

Conclusion

As an active user of the cryptocurrency market, I can say that the problem described above is as relevant as ever. Since I myself have repeatedly faced with all that difficult, and most importantly tedious situation when I had to make a transfer of one cryptocurrency to another, and there is no such currency pair on the exchange and I had to make my transaction through other available assets, which as a result spends a lot of my time. And time as you know the most valuable thing we have.
Therefore, I can safely assume that the success of this project is not far off, especially since the project has a real value for offering its users a full-fledged asset (STO), and not an ICO in which we are all a little disappointed.
But let's not forget about all sorts of risks and proper responsibility for their actions, so before you take part in any project, I strongly recommend to study it yourself up and down. This is to ensure that you personally understand all aspects of the project and can confidently take further action. To do this, as always, I have prepared a list of useful resources, where you can find everything from technical documentation to social resources and telegram chat, where you can ask any question.

Official resources of the project XCOYNZ:



AUTHORSHIP:
GPScrypto

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