Exchase FinTech Ecosystem: An insight into the world of novel this fintech platform
We tend to be sceptical about cryptocurrency or digital currency as there is a general feeling among the public that investment in these platforms is very risky. But the truth is otherwise. Though there is a factor of risk involved while investing money digitally, the array of opportunities that digital finance platforms give us are immense. Digital finance platforms have come a long way and are the talk of the day. With the increase in information around the subject, the faith in cryptocurrency has increased among the users and many new platforms are offering authentic fintech services.
What is the Exchase FinTech Ecosystem?
The company offers to its consumers a plethora of digital finance services. This platform acts as a one-stop for varied digital financial services — the plus is that the consumer can utilize all the services using one account. The security and the profit of the users is always the top priority. The aim is to build a platform that can connect full-fledged traders from all across the world and bring them together.
What are some of the various services offered by Exchase Fintech?
Crypto and forex exchange(trading)
Payment system and instant payment service
An exchanger with a decentralized exchange(DEx)
Social trading(PAMM accounts)
Crypto wallet, games and loans
The number of services will see an increase in the future with new options being added. The aim is to provide users with the services of custody, staking and cryptocurrency hedge fund functionality. Many new products are lined up to be launched in 2021.
What are the unique benefits offered by Exchase FinTech?
● The Exchase account holders will get a debit card! This personalized and branded debit card will be given in Quarter 2 or 3 of 2021. The card will have a credit limit, and the functioning is similar to normal debit cards. It can be used to pay for purchases in cryptos and fiat. The rate will also be favourable when compared to other forms of transactions.
● One innovative platform for all fintech and crypto services, where you can avail all services using a single account. This also helps users to save money significantly. Now, this is because there is no commission when the user transfers funds and hence transactions are completely free.
● A fairly simple KYC procedure. It is important to have a strong KYC procedure to provide utmost security against malpractices. At the same time, a strong KYC with many steps can be extremely confusing to follow for users. Exchase FinTech has come up with a sufficiently powerful KYC procedure which is also quite simple for users.
● Immense importance is given to secure the funds as well as personal data of the users. The wallets of users are strongly encrypted and are safeguarded against theft.
How to open an account on Exchase FinTech?
The registration process is very simple. All you need to do is have an email account. Using your email account and a new, strong password, you can enter the platform with your account. Once an account is made, it has to be verified on the email.
What are the problems involved and solutions offered for them by Exchase FinTech?
One of the greatest worries for any user is the worry of security of funds. Online finance platforms are prone to hacks. And hence it is important that on any platform security is given the utmost importance. There is complete protection against hacking and the funds of users are completely safe. The security team conducts frequent checks for vulnerabilities and keeps the platform protected.
Another common risk is the risk of losses. When it comes to cryptocurrency there is always a rational fear of experiencing losses. But this platform is built in a way to ensure profit for its users and the investments of users are never compromised.
Another common issue is that the user interface of the app or website is quite complicated. However, Exchase is very comprehensible and easy to use.
The speed of exchange on this platform is “rapid.” The speed of exchange is an integral part of any exchange — be it offline or online. This trading system can manage up to 2,000,000 requests per second.
What are the new services planned for the future?
● Decentralized exchange: Some users may be still fearful to participate in exchanges. In future Exchase FinTech plans to develop decentralized opportunities for such users.
● Futures contracts: Soon, the platform aims to enable trading in futures contracts. This opens new arenas for users to gain profits.
● The platform also envisions bringing up methods of anonymous instant exchange.
● Addition of spot training, which is much familiar to the audience will also be done in 2021.
● For any competitive modern exchange that wants to run the race with big players, it is important that margin trading is a part of their platform. Hence margin trading will also be included soon in the future.
Q4 2020 — Q4 2021
● Obtaining a license to work with digital assets (crypto license)
● Connection of liquidity providers, as part of the A-Book model implementation
● Deploy Android version to Google PlayMarket
● Deploy iOS version in AppStore
● Obtaining a license from the Financial Conduct Authority of the United Kingdom
● Obtaining additional crypto licenses for custody and exchange operations
● Connecting the SMS aggregator
● Obtaining Legal Opinion for Exchase OÜ
● Obtaining a Cyprus Securities and Exchange Commission (CySEC) license
● Obtaining a Seychelles Financial Services Authority (FSA) license
● Implementation of the international payments system
200 million EXSE tokens of ERC-20 standard will be issued to users as a part of the crowd sale campaign. It is to be conducted in Quarter 4 ( the first phase began on December 15, 2020, and is going to end on December 25, 2020) of 2020 and Quarter 1 of 2021. The number of tokens will be fixed and they will also be burned when needed. This is done to maintain the EXSE rate. These tokens are not only useful in investing but also helps to save on commissions while transmitting funds within a year of the platform’s launch. The tokes will also help to receive bonuses from referrals.
For more information
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K. Siva Arulmani
Bitcointalk Username: : @siva1978
Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=2373654
ETH : 0xFc14373Af583DaC5E52f0034a20489a3B0f2BFcA