Developing a platform with all the tools necessary in carrying out cryptocurrency exchanges has always been on a high demand. Many available exchange platforms do not care about their users and customers, they are only on the look-out for their own advantage. Moreover, some are hesitant in making improvement and making transactions as transparent as possible for their customers. This gives rise to many questions asked with regards to the security and transparency issues facing the cryptocurrency exchange market, and the platforms which offer services. Regardless of how long they’ve been in the market, certain exchange platforms can be improved in a lot of ways, such as increasing the number of trading tools, giving sufficient language support, efficient withdrawal processes and lowering the risks involved in carrying out these exchanges.
CRYPTONITY is the platform that has emerged with solutions to the above mentioned issues facing the cryptocurrency exchange market. It is a comprehensive cryptosystem that provides its users with the most ergonomic and high performance trading tools. It is also secure, transparent and collaborative in its functionality. Cryptonity believes that in an exchange project as for any business, the customer is the king. And the satisfaction given to the customers on the platform will help in building a good reputation for it. Cryptonity is the combination of crypto and the community of crypto-exchangers and traders. In the Cryptonity project the maximum popularity was captured by the exchanges in cryptocurrencies: conditional trading platforms, by means of which any person can buy or sell an encrypted currency. The platform has developing experts in the field of security regarding crypto-exchange. Hence, it guarantees users a reliable business skill, and with its established insurance document, users can be reimbursed in case of overhead due to attack.
The users will be granted the lowest fees in the market.Althoughthe platform will initially run on the Ethereumblockchain, but its own blockchain will be developed right after the token sale by the team. And this will make possible a decentralized exchange, with the participation of the community through a rewarded program. Users will be involved in the evolution of the platform as they collaborate with the team through different interactive and communication channels that will respond promptly to requests made by users.
At the initial launch of the platform about four languages will be supported on the Cryptonity Exchange: English, French, Chinese and Korean, other languages will be added subsequently, in order to provide users with a very comfortable experience. Cryptonity will support trading pairs in: Bitcoin (BTC), Ethereum (ETH), Tether (USDT) and it token XNY.
Cryptonity will select these coins based on their liquidity, community support and user base, use case and credibility. Through the Coin-Request feature, users will be given the opportunity to suggest coin to be used. Users their XNY tokens, users will be able to vote for the coin of the month, which will be listed on the platform. Fiat currencies will also be supported as the platform evolves.
EXCHANGE FEES
All fees incurred during exchange will be fully detailed for users to see, fees will be never be charged without the users consent.
For exchange or trading fees, users will be charged 0.1% per trade.
For withdrawal fees, users will be charged within the range of 0.2% to 0.5%, depending if it’s a coin or a token.
Every other fees to be charged for activities within the platform will be fully detailed for the users to review.
REWARD PROGRAMS AND INSURANCE
There are reward programs in place to reward all who through their social networks and referral links spread the word about Cryptonity exchange platform. By promoting the platform into the crypto-community and bringing new users, these promoters will be incentivized by receiving special prices from the platform.
The insurance provided will make Cryptonity the first crypto exchange that provides insurance, security and integrity. Although being a decentralized platform does not guarantee a 100% security but the insurance given will bring about a safe trading experience for users. After the token sale 10% of the funds raised will be kept for customer insurance, they will be stored in a cold wallet, and the address of the wallet will be on the blockchain to be checked by any user. Subsequently, there will be a 24/7 customer support service, with live chat and a hotline for emergency.
EXCHANGE FEATURES
Security Tools: the tools to ensure security that will be leveraged by the platform are as follows; the email for new login with IP address mentioned can be disabled, security secret questions and anti-phishing code, Two factor Authentication (2FA) through Google Authenticator and Authy, FIDO U2F security Key implementation on compatible devices, Fingerprint unlock available for Cryptonity phone apps, Automatic generation of a PDF with 2FA QR code and a Reset key in order to print them.
Matching Engine:in order to achieve its aim to be the most powerful matching engine on the market, it will support the following types of orders; Market Orders, Limit Orders, and Stop-Loss Orders.
Fiat Deposits & withdrawals: by means of SEPA and international SWIFT Banks Transfers, users will be able to deposit and make withdrawals as quickly as possible. This feature will be available once the license is attained.
Analysis and Strategy Tools: in order to help users build a strategy on their trading experience, the platform will implement a Portfolio feature that will enable users to easily track their gains and losses for each trade, configure price alerts, and many other options to be detailed on the platform.
Forks and Airdrops: although most Airdrops have been a failure, the Cryptonity platform aims at implementing an Airdrop users will participate in and get credited directly to their exchange account. The distributed coins during the Airdrop will then be listed on the platform for exchange.
Proof-of-Stake Wallets, Staking and Masternode: in order for users to exclusively make use of the platform during exchange, it will support staking rewards for customers. Whereby if a user holds Proof-of-Stake coins on Cryptonity, his/her staking wallet will be credited promptly.
TOKEN SALE DETAILS
Token Symbol = XNY
Token Type = ERC20
Public Sale – Phase 1 = 10,000,000 tokens + 50% bonus = 15,000,000 tokens; Token price = $0.23 (USD); Total Sale Phase 1: $2,300,000 (USD).
Public Sale – Phase 2 = 20,000,000 tokens + 30% bonus = 26,000,000 tokens; Token Price = $0.34 (USD); Total Sale Phase 2: $6,800,000 (USD).
Public Sale – Phase 3 = 19,000,000 tokens + 0% bonus = 19,000,000 tokens; Token Price = $0.58 (USD); Total Sale Phase 3: $11,020,000 (USD).
CONCLUSION
Cryptonity aims at creating a safe and secure crypto-community exchange platform where cryptocurrency enthusiasts, traders and investors can make smooth and efficient exchanges of their assets. There has never been a platform that gives customers insurance regarding their assets. This is what Cryptonity will achieve for its users as it guarantees a refund of customer assets in case of losses due to an attack. The collaborative interaction between the team and the users is worth mentioning due to its pertinence in the evolution of the platform. The platform will provide users with the best trading tools to make their exchanging experience worthwhile. Including a large number of languages that will connect the whole world. The platform believes in treating its customers like kings, keeping their money safe which will indelibly build a good reputation for the platform and attain market credibility. Cryptonity cares for the assets of all its clients and it will definitely change the face of the crypto-exchange community.
For more information please visit:
Whitepaper : https://tokensale.cryptonity.io/storage/Whitepaper_EN.pdf
Facebook : https://www.facebook.com/CryptonityExchange
Twitter : https://twitter.com/CryptonityEx
Telegram : https://t.me/CryptonityExchange
Linkedin : https://www.linkedin.com/company/cryptonity-ltd/
Reddit: https://reddit.com/u/cryptonity_exchange
Discord: https://discord.gg/BGAFDa5
Username: Cryptowin1
Profile Link: https://bitcointalk.org/index.php?action=profile;u=2068163
ETH: 0xd66AEB32AF87071Ee3904E2Ff12e2D71015E3760