INTRODUCTION
A simple Google search of the term ‘Cryptocurrency trading’ yields more than 25 million results. This is a sure indication that the subject of cryptocurrency continues to hit the market with a resounding splash, nearly ten years after its invention. However, despite all of the enthusiasms, Cryptocurrency exchanges still have to face numerous challenges. The challenges in cryptocurrency exchange have been a major setback to the growth of the industry and this points to the reason why the market is not globally adopted so far. Poor liquidity, poor market regulations, long process of compliance and complex integration are some others challenges plaguing cryptocurrencies.
The team of CryptoCircleX, found online at https://cryptocirclex.com/, have created a cryptocurrency exchange that has quick and easy new user registration, a simple and powerful user interface with comprehensive easy to use tools for the novice, as well as the professional crypto trader. It is an incredibly safe, secure, and tested crypto exchange that has the customer’s best interests in mind, when it comes to data, security, customer service, trading tools, convenience and UI (User Interface) design.
Crypto Circle X is the most advanced and secure cryptocurrency exchange powered by a cutting edge technology that is capable of over 10 million transactions per second, A.I. bot, auto-trading, professional charts with technical analysis, trading alerts, and much more, in a user friendly and responsive interface or in specially designed mobile app.
At its core, Crypto Circle Exchange is a revolutionary cryptocurrency and blockchain asset exchange focused on speed, safety, scalability, and customer support. The exchange will also feature its own unique token called the Crypto Circle Exchange Coin (CCX)
CryptoCircleX : PROBLEMS TO SOLVE
CryptoCircleX aims to target following issues of existing cryptocurrency exchange:
- Security - There have been many cases of cryptocurrency exchanges being hacked because of lack of security.
- High Trading Fees - Many well-known cryptocurrency exchanges ask for a transactional fee between 0.25% to 0.3% when processing any transaction.
- Liquidity – The cryptocurrency market cannot handle large orders without changing the value associated with the currency involved, because there is not enough liquidity in the market.
- Support - The problems with the customer support teams are something that most individuals with a cryptocurrency exchange account have experienced firsthand on various platforms. Submitting a ticket for a simple request as ‘I need help with my balances not showing correctly, only to get a response in the next 9 days.
CryptoCircleX FEATURES
In order to tackle the problems above, CryptoCircleX provides numerous core features including:
Matching Engine
Crypto Circle Exchange’s matching engine is written in GoLang and is capable of 10 Million plus transactions per second with a 40 nanosecond latency, which makes the exchange one of the fastest on the market.
High Performance Trading
The exchange platform is developed in the GoLang (Google language) programming language which provides many advantages over C, C++, Java, C# and Ruby because it compiles easily into many operating systems, it helps to make concurrency more efficient, also it makes for a more accurate, faster, and cleaner coding environment.
Order Types
The exchange supports Limit orders, Market orders and StopLimit orders by default with other optional order types available in the future.
Advanced Security
- Passwords are not stored (hashes are stored). All sensitive user data is AES 256 encrypted before being inserted into the database for safe keeping.
- CloudFlare protection is used to defend against DDoS (Denial of Service) attacks which may occur.
- This exchange is featuring the 2FA with Google Authenticator in order to provide more security.
- Tokens are secured with an offline multi-signature wallet / vault system for asset protection.
- For all Customers residing in any EU member state, the exchange platform is fully GDPR Compliant.
Anti-Market Manipulation
The exchange platforms real-time market surveillance, supervision, and compliance system monitors for suspicious trading activity such as abnormally large trades, pass-through trades, wash trades, spoofing, layering, stuffing, hammering, and momentum ignition. The Market Surveillance & Risk Management Solution also provides analytics which meet ESMA MiFID II and other posttrade reporting. It conforms to the EU Market Abuse Regulation (MAR), US Dodd-Frank SEC regulation, and other international regulatory frameworks.
The exchange platform will have 24 hour live chat support that will help with any issue big or small that may need immediate attention any time of day. With the presence of a live chat feature, customer satisfaction levels raise dramatically. When live support chat is used, it helps customer retention. Phone and Email are currently the lowest rated customer service touch points.
Premium Features
The platform premium features are: Affiliate System, Professional Charts with Technical Analysis, Social Media Integration/Sentiment Analysis, A.I., Auto Trading, Leverage Trading, Marginal Trading
CryptoCircleX TOKEN
The CryptoCircleX exchange platform will issue its own token called the Crypto Circle X Coin, with CCX as the symbol. CCX is an ERC20 token running on the Ethereum blockchain. that will lower transactional fees to 0.1% and it can be used by both participants in the trading process. The token can also be used to enable premium features, such as A.I. bot, technical analysis charts and many others.
Crypto Circle Exchange is currently undergoing ICO, and you can be a part of this amazing project from its early stages and purchase their tokens with Ethereum at a discount price from their official website. The total supply of CCX is 300,000,000 and 223,000,000 CCX can be purchased during their ICO.
Token Info
Token: CCX
Platform: Ethereum
Standard: ERC20
Total Token: 300,000,000 CCX
Investment Info
Tokens for sale: 223,000,000 CCX
Accepting: ETH
Token Price:
1 ETH = 5,389 CCX Tokens
1 CCX = $0.09
Soft cap: $3,000,000
Hard cap: $20,000,000
Bonuses
Private Sale: 15% Bonus Tokens
Presale: 7% Bonus Tokens
Main Sale: 0% Bonus Tokens
Token Distribution
WEBSITE: https://cryptocirclex.com/
WHITEPAPER: https://cryptocirclex.com/whitepaper.pdf
ANN THREAD: https://bitcointalk.org/index.php?topic=4906962
BOUNTY THREAD: https://bitcointalk.org/index.php?topic=4937028
TELEGRAM: https://t.me/CryptoCircleX_Official
TWITTER: https://twitter.com/CryptoCircleX
FACEBOOK: https://www.facebook.com/CryptoCircleX
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Bitcointalk Profile: tpq01349
CoinDesk
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