AXNET : A true Centralized & Decentralized Exchange
Axnet Review
There are tons of exchanges available today but most of these exchanges have been faced with certain issues which might include;
1. Very poor technical infrastructure; most of the exchanges that are available are designed or developed by people who do not have prior knowledge in the financing and operation of an exchange. Often times their lack of knowledge makes them opt for the simplest approaches to creating a system. Initially, this might work fine, but as the number of users begins to grow it could become a problem.
2. Lack of security; if you follow cryptocurrencies, you will know that this is one of the main problems that has discouraged people from making use of exchanges. Dozens of exchanges have been hacked, with investors losing their funds.
3. Poor customer service and support; it is necessary that exchanges understand the vital issues involved in running an exchange. Crypto traders need instant replies to their complaints and questions, often times these questions or complaints could make them lose their funds.
4. Very poor market liquidity; the unavailability of liquidity, makes it extremely difficult for traders and investors to exit the market at profitable prices.
5. Most of the available exchanges do not support the buying of cryptocurrencies in fiat currencies. This has made it difficult for most would-be investors to actually make use of these exchanges.
THE SOLUTION
All crypto traders and enthusiasts' would find it interesting to know that an ideal solution to these challenges has been developed. That solution is the AXNET platform. In what ways is AXNET the solution?
The AXNET exchange comes with a high-performance engine. The trading system of this platform makes use of a hardware accelerated and superbly efficient memory matching mechanism that is capable of sustaining about 2 million order making in a second and 1 million order verification in a second. This makes AXNET one of the fastest exchange platforms in the world at the same time ensuring that there is no delay or lag throughout the entire order process. Unlike other exchanges that experience a delay when the number of users increases, the AXNET platform is quite different as there is no room for delay.
The AXNET exchange offers users financial stability. The exchange makes use of a multi-clustered and multi-layered architecture. This exchange works together with a team of international and diverse skilled people that are working together with the sole aim of bringing sanity to the world through the integration of the blockchain technology.
Features Of The AXNET Platform
1. Centralized exchange; this is a decentralized exchange platform that has been designed to host most of the cryptocurrency trading pairs. According to the team of developers, margin trading would be enabled in the future.
2. Decentralized exchange; this is built on the Ethereum network. This feature of the AXNET exchange makes use of a hybrid mechanism where the user gets total control of the off-chain settlement system.
3. Fiat currency support; AXNET users would be able to trade not just cryptocurrencies but also fiat currencies as well. Users can make deposits with any of the available deposit options.
Conclusion
The AXNET exchange was developed to ensure that users get access to an ideal exchange that seeks to offer them better services, thus ensuring that they trade well. Also, the exchange seeks to solve all the problems facing the exchange industry.
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Written by tibo