The internet world has experienced countless innovations and Technical upgrade, all aimed at ensuring convenience and ease for users. Technological advancements follow each passing day, as users find new ways of doing old things, thereby having a worthwhile internet experience. There have been increased technological improvements in recent years, the business world has witnessed tremendous advancement, and the exchange market is not left out. Before the creation of cryptocurrencies, the traditional methods of carrying out exchanges has been in use. The exchange market has impacted the last lives of millions of its customers through timely interventions. That notwithstanding, it is still not without its challenges, one of which, is the increased cost of trading, and this has given rise to the need to search for a more convenient means of performing the exchange. Hence the Creation of the ExToke platform, which aims at increasing traders profit and overall user experience, by putting in place, a zero trading fee platform.
ABOUT EXTOKE
ExToke is a free decentralized Ethereum ERC20 token exchange, with absolutely no fees either for the buyer or seller, ExToke has set out to provide a solution to all of the problems associated with modern day cryptocurrency exchanges while still improving on the decentralized exchange concept. ExToke will strengthen the DEX(decentralized exchange) industry by offering an instant, trustless and secure token exchange process via their XTO smart contract. With the increased rate of cryptocurrency growth and blockchain technology advancements, over the past few years, more and more people are switching from the traditional fiat-based financial system, towards blockchain and cryptocurrencies specifically.
Within the space of six months in 2017,the cryptocurrency cap has tremendously increased from $7,000,000,000 to $11,000,000,000. That is a great increase, and the number is still increasing. By the end of 2017, cryptocurrency has exceeded the stock market significantly. In this ever-growing industry, the ERC20 token has become a motivational force. The Ethereum token trading scene has grown beyond borders over the past one year, however, already existing cryptocurrency exchange are not competent enough to handle the trading demands, nor can they offer a safe and secure trading solution.
ExToke has been developed to fill the gap in the cryptocurrency trading industry and to remove fees from the equation, for the exchange to benefit both traders and developers. ExToke receives no commission from users trade, and the user's fund is not at any point, in a wallet that does not belong to the user.
PURPOSE AND VISION
The major purpose of ExToke is the removal of fees from the exchange trade and putting profit back into the hands of the people, bringing about fairness, transparency, and security to the world of cryptocurrency trading. Those freed and empowered by cryptocurrency trade will expand the crypto market and put in place, a sense of Peace, security throughout the industry.
WHY DECENTRALIZED?
Decentralized exchanges, eliminates absolutely the need for a third party service to hold users fund in a centralized system, where only they have access and control, through automated platforms, trade occurs through a peer to peer (P2P) with no trading fees. Worthy of note is the fact that funds belong to the users themselves, as against a centralized system, where once the user makes payment, the money is for the people acting on behalf of the exchange market.
Since there is no centralized server to hack, there are no server downtimes or the fear of hacking occurring in large scale. Decentralized exchange essentially means by which people can exchange, whereas centralized exchanges follow a pattern similar to that of a bank, which has custody over funds with limited oversight and the ever-present fear of been hacked. Decentralized exchanges provide a safe, secure and fast solution to trading tokens.
PROBLEMS
- high trading fees
- difficulties of real-time trading: due to rate-limited trading APIs, non-real time transactions confirmation, and delayed order book updates, traders are unable to trade in real time.
- asset security issues
SOLUTIONS
- features a zero trading fee, to maximize users profit
- Ability to process order in real time via the ExToke XTO exchange smart contract
- ExToken decentralized exchange solution offers complete security via their XTO smart contract
- instant and safe trade execution without fee charges, using the XTO smart contract
- Availability of support team to offer assistance 24/7 online via social media handles.
TOKEN DETAILS
TEAM
CONCLUSION
Following the growth of the blockchain technology and the cryptocurrency markets, users are very convinced of the need to engage in digital assets trading as the days go by. ExToke has been developed to allow users to safely, securely and instantly trade their digital assets in a trustless manner, so that fund ownership belongs to the user always. Without a doubt, blockchain and cryptocurrencies will be the means of making payments in the future.
For more information on EXTOKE visit:
website: https://trade.extoke.com/
Facebook: https://www.facebook.com/extokecom/
Twitter: https://twitter.com/ex_toke
Support: https://www.extoke.com/about/contact.html
Telegram: https://t.me/extoke
ANN: https://bitcointalk.org/index.php?topic=4505833
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