Exchase - an overview of the revolutionary fintech ecosystem

 

Hello friends all ... Come back with me Damkar58. On this occasion I gave a little explanation about a project about the revolutionary fintech ecosystem, namely Exchase. For more details about the project, let's look at my writing together below:

Introduction:

Exchase is an innovative fintech services ecosystem, which includes trading platforms (forex and crypto exchanges), payment systems and instant payment services, social trading (PAMM accounts), exchangers, including decentralized exchanges (DEX) and binary options trading services. In the near future, the platform will have a number of new crypto services, including staking, custody, cryptocurrency hedge fund functions, as well as a functional extension of social trading to a complete social network for traders.

Also, sometime in Q2-Q3 2021, Exchase account holders will receive a personalized branded debit card with a credit limit, which can be used to pay for goods and services in crypto and fiat at relatively favorable prices. Using our unique high-tech solutions, we have combined into one platform many popular services provided by several players in the crypto market and the classic fintech market.

In terms of services, the classic crypto exchange Exchase targets Binance as a market leader, aiming to surpass it technically in the coming years. We bet that established industries are less flexible than startups like us.

Hence, the idea of ​​"catching up and overtaking" in relation to such a seemingly unreachable market shark simply does not make sense. As for payment systems and instant money transfer systems, Exchase has implemented functionality similar to Western Union, but on its newer stack (.NET Core 3.1), which is way ahead of the company's tough-to-maintain and very buggy solution. In addition, Exchase is the first platform to provide advanced functionality for cryptocurrency and fiat-crypto operations. In addition, the debit card service and loan service are already in beta testing.

Market Analysis:

Usually, cryptocurrency traders do not have many exchanges that allow trading. The most popular are

Binance, Coinbase, Kraken, Huobi, and Bittrex. Regarding the functionality of social trading and social services for traders in general, there are two times less, and here only InstaForex, AMarkets and eToro are interested.

Market Issues:

Based on an analysis of current proposals, we can present a common list of common problems. Inadequate level of security. Due to frequent hacks, users are afraid to store their funds on the exchange. Therefore, our team with their cybersecurity department has put in a big effort and carried out a lot of testing which can guarantee almost 100% protection against hacking. The number of tools for technical analysis is insufficient. The best option for successful trading is preparation. However, most exchanges do not provide users with the opportunity to perform detailed technical analysis of a particular currency. This stops both novice and experienced traders.

Lack of training material. Nobody comes into the industry as cool specialists. Quality tutorials are a great solution for any platform. The main goal of all market players is to make a profit, therefore the availability of basic materials that will teach you how to trade, analyze charts and explain common mistakes is an essential component of any trading platform. Small set of coins. Surprisingly, at present, most exchanges do not solve this important issue. Crypto-to-crypto and fiat-to-crypto pairs are practically the same on every platform. This is a significant disadvantage because in effect, it does not make the market unique and more attractive.

Very complicated verification procedure. KYC procedures should not be too simple to protect against fraud, but not too complicated to simplify users' work with resources. Not all exchanges have managed to find a middle ground on this issue. Complex user interface and limited language. An unpleasant situation when you come to a new platform and find a Chinese localization there. But another important issue is the large number of unintelligible graphs, tables, buttons, interfaces, and untraceable user behavior logic on the site.

Our solution:

Based on current market problems, our trading platform will have the following set of solutions:

About 2 million transactions per second:

• The most important part of any exchange is its speed. The core of the trading system is capable of processing around 2,000,000 requests per second. According to the team of analysts, this figure is optimal for ensuring high transaction processing speeds without the need to deploy additional capacity that would be idle.

Futures:

• It should be noted that the cryptocurrency market underwent a huge increase not only in trading volume but also in the introduction of tools familiar to ordinary traders for making profits. Our platform will support trading futures contracts. These solutions provide more opportunities to make money and attract a large audience of traders to the platform.

Spot trading:

• Apart from futures trading, spot trading will be added. This type of trading is the most popular and familiar to the trading audience, as well as the most reliable, fast and simple.

Margin trading:

• Trading on margin is a requirement for any modern exchange looking to compete with the big players. Therefore, we consider it mandatory to add this type of trading to our platform.

Anonymous instant exchange:

• It should not be forgotten that cryptocurrencies were created to provide greater anonymity. Any merchant who wants to make an instant anonymous exchange can do so using our service.

Decentralized exchange:

• Not everyone trusts exchanges, which means that it is necessary to provide opportunities for decentralized exchanges for those who are very concerned about the safety of their funds.

Currently, we have created the basic functionality which will be implemented on the platform gradually. It is also planned to add other functions that can solve current market and trader problems.

our service:

• Crypto Exchange
• Margin trading
• List your assets
• Crypto Wallet
• Buy EXSE tokens
• Crypto Games
• Money transfer system
• Binary options
• Social trading
• DEX
• OTC
• Crypto Loans

Buy EXSE Tokens Through Smart Contracts:

• To buy EXSE tokens, you need to transfer ETH from your personal wallet to the smart contract address: 0x075e78a1569Cae4e591c049E72eE581Ea4e1c639

The minimum amount of tokens to buy is 50 EXSE. After completing the transaction and confirming it on the network, the user receives an EXSE token to his personal wallet.

Limitation:

Send ETH only from personal wallets MyEtherWallet, Metamask, Ledger, Trust, etc.) DO NOT SEND FUNDS FROM EXCHANGE AND SMART CONTRACTS!

• Name: EXSE token
• Standard: ERC20
• Symbol: EXSE
• For sale: 1,000,000 EXSE

Exchase Project Uniqueness:

Legal services:

• Exchase OÜ intends to carry out its activities in full compliance with the applicable laws and regulations, and obtain the necessary licenses and permits to carry out legal activities.

Safe asset storage:

• A special place in the project is given for the safety of funds and personal data of platform users. The project developer uses modern encryption and protection methods against theft of assets from user wallets.

Finished products that work:

• We have launched a cryptocurrency exchange based on the B-book model. The A-Book model, social trading, P2P, and OTC transactions are in the final stages of development and testing. New product launches are planned in 2021.

Integrated ecosystem:

• The platform combines a cryptocurrency exchange, a wallet for storing crypto assets, binary options, social trading, and a money transfer system. All of this is available using one account.

Modern development stacks:

• Our team consists of young and ambitious developers. The platform is written in .NET Core 3.1 and React. Native mobile app for iOS (Swift) and Android (Java).

EXSE Tokens:

• EXSE tokens from the Exchase platform are limited to an issue of 200 million coins. There will be no additional token issuance. Tokens generated by the platform when users use them to reduce costs will be burned.

General Information About First Half:

• From: 15 Dec 2020 (12:00 AM GMT)
• Tokens for sale: 1,000,000 EXSE
• Ended: 25 Dec 2020 (12:00 AM GMT)
• Min. number of transactions: 50 EXSE / 0.02 ETH
• Done via smart contract: Ethereum blockchain
• Decimal: 18
• Token exchange rate: 1 EXSE = 0.0004 ETH
• Max. Amount collected: 400 ETH
• Smart contract address: 0x075e78a1569Cae4e591c049E72eE581Ea4e1c639

First Half Use of Funds:

• 50%: Development platform
• 15%: Legal and bank accounts
• 15%: Obtained a license to work with virtual assets (cryptocurrency license).
• 14%: PR and marketing
• 6%: Operational costs

Roadmap:

Dec, 2020:

• Launched a cryptocurrency exchange based on the B-book model

Jan, 2021:

• Obtained a license to work with virtual assets (cryptocurrency license).

Jan, 2021:

• Opening a bank account for Exchase OÜ.

Jan, 2021:

• Liquidity provider connection, as part of the implementation of the A-Book model.

Mar, 2021:

• Applying the Android version to Google PlayMarket.

Apr, 2021:

• Applying the iOS version in the AppStore.

Apr, 2021:

• Margin trading.

May 2021:

• Binary options.

Jun, 2021:

• Crypto Loans.

Jun, 2021:

• Social trading

August 2021:

• Crypto wallet

ACCURATE INFORMATION:

• Website: https://exchase.io
• White Paper: https://exchase.top/en/Exchase_WhitePaper_EN.pdf
• Twitter: https://twitter.com/ExchaseF
• Facebook: https://www.facebook.com/ExchaseF
• Telegram: https://t.me/exchase
• Reddit: https://www.reddit.com/r/Exchase

AUTHOR:

• Username: Damkar58
• Profile Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1925168
• ETH Address: 0xFa468a5de2759AC15f1191d9A78240F2e7B137B0