xCrypt, Trading AND Mining, your one stop shop

pakdejangkung (-1)(1)in #bitcoin • 6 years ago

You know how exchanges start off with zero trading fees to get customers and then stick them with high fees? Well, xCrypt promises zero trading fees forever. If I had a choice between an exchange that charges me money for trading and exchange that does not, I would pick the free one every time, provided I can find the cryptos I can trade in their exchange. Usually, exchanges tend to charge both the tokens for listing and the customers for trading. They make double the money and if they are popular, they get real rich real quick. That is the reason so many exchanges are popping up these days, but since the early bird gets the worm, earlier exchanges make the most money. One of the reasons for that is the greed of the later exchanges, they want to charge both sides as well. If they could give up at least some of the potential profit, they could get more customers, in my opinion. Some of the new exchanges, such as trade.io does not charge customers up to a certain time period but everyone can see that once they start charging money, you will get used to it and it will be harder to get your funds out. So, free of charge trading is a big deal for many people, especially those who day trade, or those who trade a large number of tokens regularly.

I also enjoy that the platform will have expert tutorials and webinars for many levels of traders and for regular people so they can learn some in and outs of trading, or crypto buying. You can always watch some youtube videos for that but the difference with these tutorials and webinars is that you can ask questions and you can interact with the person doing the teaching. A lot of websites skip this part, but part of the marketing should involve teaching because if your customer feels that he is learning something while using your service, then more of your customers will come back to use your service, which translates into more revenue for you.

They will have bots built into the system so that you can order to buy the dip and sell at the peak, which is very useful for absent-minded people like me. A lot of times bots are very good at day trading and I cannot do it for the life of me. I understand that you give the order to buy for a low price and order to sell at a high price, and it is fine if there is volatility but it seems that whenever I sell, the price increases, and whenever I buy, the price decreases. So, I will be very happy with a bot doing that stuff and increasing my assets for me.

Because they will have both a centralized exchange and decentralized exchange, it will offer something for every taste. One of the difficulties with exchanges, whether it is centralized or decentralized, is that they always trouble with regulators. With this platform, the exchange will not be running from regulation, but it will be running towards it. With a regulation-friendly approach, they can move on without a hitch and this will attract more customers. The exchange will use Peer to peer trading engine using lightning technology, so it is expected to be super fast. They are based in Malta, which everyone knows that a cryptocurrency friendly country, so I see no problems regulation wise.