XERA - Dynamizing Cryptocurrency For Traders.

INTRODUCTION

The majority of blockchain-based and cryptocurrency projects issue their own tokens or coins which are traded on cryptocurrency exchanges. Cryptocurrency trading is a 24/7 marketplace which matches the buyers and sellers of various currencies. It’s similar to trading stocks or Forex where the value of an instrument will move based on several factors. While there are multiple exchanges available throughout several different geographic locations, there are still major gaps in functionality across these exchanges. Some of the key issues in existing trading exchanges include security issues, lack of liquidity, latency problems, and a severely limited selection of automated functions — all features that traders expect.

The XERA team is comprised of traders who have gained decades of experience in the banking and information technology sectors. As such, we have identified the functions that should be non-negotiable in a quality cryptocurrency exchange.
Many traders currently have to use third-party and other paid tools to fulfill their full spectrum of cryptocurrency trading requirements via exchanges. XERA will be a fully integrated cryptocurrency trading exchange that resolves the key issues and challenges that traders are facing with current exchanges.
During our proof of concept speed test, we were able to sustain a 2.5 Mtps throughout and super low latency. Also, we have collaborated with Authenteq, who will provide a faster know your customer (KYC) process for our traders.

PROBLEMS ENCOUNTERED

Since the inception of Bitcoin in 2009, hundreds of altcoins have been created. In terms of the overall cryptocurrency landscape, the nascent industry’s market capitalization has fluctuated between $282B and $598B in the first half of 2018. However, the number of ICOs launched in 2018, which exceeds 500 thus far, have outpaced the total number of ICOs (210) that entered the market in 2017.
Indeed, as of mid-2018, new ICOs have raised over $12B in capital, which is more than double the 2017 valuation of $3.8B. As we can clearly see, the interest in ICOs, as well as trading cryptocurrencies, continues to expand.

Currently, there are over 500 cryptocurrency exchanges located across various geographic locations, but major functionality gaps continue to plague these exchanges. Some of the key issues for existing cryptocurrency trading exchanges includes;

• Liquidity.
• Security.
• Limited Selection Of Coins.
• Lack Of Features.

SOLUTIONS PROPOSED BY THE PLATFORM

XERA is currently establishing partnerships with professionals from various industries to assist in the development of a robust trading platform. The overall objectives of the platform are to:

• Deliver an integrated cryptocurrency trading platform to traders and investors.
• Establish itself as having the most in-demand capabilities within the cryptocurrency exchange market.
• Attract and retain a team of credible partners and team members with a proven record of success within the realm of cryptocurrency, thereby delivering an exceptional trading experience to XERA customers.

More specifically, XERA offers traders and investors detailed reporting, advanced charting features, one cancels other (OCO) order features, multiple order types, price alert system, real-time profit and loss updates, and competitive trading fees. Whether a cryptocurrency beginner or advanced trader, everyone is welcome on the XERA platform.

FEATURES OF THE PLATFORM

There are several features on the XERA exchange that will make the trading experience far superior to other cryptocurrency exchanges. The key components of the XERA platform is outlined below;

• Two Interfaces (Basic & Advance).
• Multi-Device Standardized.
• Price Alerts.
• Real time Profit & Loss Updates Across Time Frames.
• The XERA Token.
• Trading Information & Guidelines.
• Built-In Trading Automation.
• XERA’S Reserve Liquidity Pool.

OVERVIEW

Several of the current DEX systems have a narrow cryptocurrency focus. For example, Airswap is a P2P DEX for trading ERC20 tokens on the Ethereum blockchain.
Of the 244 DEX systems listed on the Index Github repository, 49% of decentralized exchanges are still in the development process, while only 36% are currently live and in operation.17 These facts support the reality that designing and launching a DEX is a protracted process which contains a number of iterative steps from conception to deployment. Our objective is to be a comprehensive cryptocurrency trading platform that is not limited to one type of token, facilitates the execution of variety of different order types (from the most basic to the more complex), contains all of the benefits of a DEX, while also being easy to use for beginning traders.

That being stated, we have chosen to initially launch a centralized platform as the first step in our iteration towards a DEX platform. We are confident that the features we offer to beginner and advanced traders, along with a compendium of trading pairs, holds a unique value proposition amongst the current centralized exchange competitors.

TOKEN DETAILS & DISTRIBUTION

Our token price is $0.50, and a locking period will be in place until end of Q1 2019. The minimum investment in the ICO is 0.1ETH.
Ethereum will be accepted as payment during the ICO. The token sales details are as follows:

• Token Symbol: XRT.
• Token Type: ERC-20.
• Token Price: 0.50 USD.
• Token Sales Start: 1st October 2018.
• Token Sales End: 27 November 2018.
• Payment Method: ETH.
• Total token supply: 95,000,000 tokens.
• 70% of token supply in ICO for sale: 66,500,000 tokens.
• Soft cap: 5,320,000 tokens (20%).
• Hard cap: 66,500,000 tokens (100%).
• 30% Reserve: 28,500,000 tokens to be held in a reserve for future use for internal purpose.

The funds raised from the target of selling 70% of the token supply (66,500,000 tokens) during
the ICO will be used for several purposes:

• 30%: Product Development
• 20%: Security
• 20%: Legal, Compliance, and Regulatory
• 15%: Sales and Marketing
• 10%: Office Establishment
• 5%: Miscellaneous Thirty percent of the tokens (28,500,000) will be held in a reserve for the development of the XERA platform and can’t be sold before 1 year from the date of the initial token sale.
  After a year, they can be sold/utilized up to maximum of 7,125,000 tokens per quarter.

ROADMAP

TEAM

For more information about the platform or you have questions to ask concerning the project, kindly click on the social links provided below to get in touch with the team. Thanks

WEBSITE: https://xera.tech/
ANN: https://bitcointalk.org/index.php?topic=4812706.msg43416450#msg43416450
WHITEPAPER: https://www.xera.tech/wp-content/uploads/2018/08/Xera_Whitepaper_v1.0-1.pdf
FACEBOOK: https://www.facebook.com/xerablockchain/
TWITTER: https://twitter.com/xeratech
TELEGRAM: https://t.me/xeraexchange
YOUTUBE: https://www.youtube.com/channel/UCEs6IAjw2-Z7dynqbziA35w
LINKEDIN: https://www.linkedin.com/company/xera-blockchain/

Authored By: misteroladipo
BTT Profile Link: https://bitcointalk.org/index.php?action=profile;u=1781078