XCRYPT: Let's Change The World!

OVERVIEW

Ever since the evolution of cryptocurrency, we’ve seen many people come on board and we’ve seen the crypto industry geared through mass adoption which have been what it has always wanted to be and for a good course. But one major problem amongst others crypto adopters face is the inability to trade one crypto coin for another or to change to FIAT.

Seeing this problem, the need for exchanges became pressing as crypto users will always want to trade their tokens for other tokens or their tokens for FIAT and vice versa.

Over the years, we’ve seen some exchanges come into existence both centralized and decentralized exchanges. We’ve also seen some failed project due to lack of better plans, poor team and lack of funds.

Despite the availability of exchanges, crypto users still find it difficult to trade some of their tokens for another or for FIAT for some reasons.

Some of those reasons are;

High exchange deposit fees.

High withdrawal fees.

High trading fees.

Also not forgetting some tokens that cannot be traded yet because they are not listed on any exchange due to high listing fees charged by exchanges.

Some of the existing exchanges are also faced with security issues and low quality developers which is supposed be placed as one of the important thing to note when running an exchange platform. Market manipulation and delay in transaction is also a problem which doesn’t only affect users of the exchange but affect the crypto market in general.

Seeing that the crypto space is gaining more and more attention in the world, The XCRYPT PROJECT is here with great plans to put up an exchange that will help crypto users exchange their tokens and help solve some of the problems faced with other exchanges.

THE XCRYPT PROJECT

XCrypt is a hybrid, semi-decentralized exchange that provides a trustless, real-time, high-throughput trading experience in conjunction with a blockchain based settlement. By centrally managing trade matching and Ethereum transaction dispatch, xCrypt enables users to trade continuously without waiting for transactions to mine, fill multiple orders at once, and cancel orders immediately without gas costs.

Exchanges in the crypto space are already competing for volume and the best exchange always have it. Xcrypt is here to give an open arm to all who is relevant with the word ‘best’ as it promises to give it’s best to all crypto traders. The exchange will offer security at its peak, liquidity like never before.

Xcrypt will operate in both centralized and decentralized model to offer the best user experience ever seen on an exchange platform. The central process will help to efficiently and effectively manage trade matching and Ethereum transaction dispatch, by so doing, xCrypt will enable users to trade continuously without waiting for transactions to mine, fill multiple orders at once, and cancel orders immediately without gas costs.

In addition, XCrypt Exchange Platform will support all top 100 cryptocurrencies and many fiat currencies. The cryptocurrencies will be carefully selected based on currency liquidity and demand to ensure that all the cryptos on xCrypt

In terms of security, funds pare kept in a cold storage with multi-signature technology, wallet private keys are encrypted with AES-256 and are stored offline. There is an advanced distributed system architecture built to protect against DDoS to ensure that trading cannot be halted by outside attacks and more exciting news based on security.

Other features of the Xcrypt exchange platform amongst others include;

Withdrawal of FIAT from cryptocurrencies

Enabling storage of FIAT and cryptocurrencies

Support for Erc20 and Erc721 tokens

ZERO fees

Dependable digital wallets

Fast deposits and withdrawals

Providing tutorials and webinars from expert traders

User friendly website interface and mobile app 

XCRYPT MODE OF OPERATION

ADVANTAGES OF THE XCRYPT OVER EXISTING EXCHANGES

The Xcrypt exchange is a hybrid exchange which supports payment with debit card and support for ERC721 tokens. The exchange supports membership system and has got a social media attached with availability of Airdrop Ranking System. In terms of fees, it is zero making it possible for users to trade easily with no fear of charges.

XCT TOKEN

The XCT Token is an ERC20 utility token standard. The Xcrypt platform rewards its holders with an airdrop ranking system. The token will serve as the platform payment gateway for the DEX system fees and also debit card fees when making use of the debit card payment system. The token will also be used to purchase the PRO membership for its social media.

The XCT token will be limited to 200,000,000 tokens.

TOKEN DISTRIBUTION/ALLOCATION

ROADMAP

TEAM

ADVISORS

PARTNERS

CONCLUSION

The Xcrypt project is one you don’t want miss as it is here to give crypto traders a swift and convenient trading experience with its end to end ecosystem and a wide spectrum of services, on the social media side to build a strong community. Token holders will also get to benefit as they will receive airdrops based on the airdrop ranking system.

For more information kindly visit the links below;

Website

White Paper

Facebook

Twitter

Telegram

YouTube

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