EOSex.com - The Exchange For The EOS Community

- Oktober 28, 2018

Introduction

The emergence of cryptocurrencies has played a crucial role in the development of trading platforms. Within a short period of time, there have been numerous exchange projects entering into the crypto sphere to aid a better liquidation of digital assets. It is amazing the numbers keep on increasing which I think is a good step towards global adoption of this revolutionary technology. Most at times these exchanges are developed to help improve and fix the flaws proven to be attributed to existing platforms and EOSex.com is no exception.

If you have had a little experience in trading cryptocurrencies you would attest to the fact that, it is sometimes boring and annoying to wait for several days to get your buy or sell order filled. This is due to the low trading volume in the specific market. Other problems faced by other stakeholders like blockchain start-ups are the difficulties in getting their token listed on a good exchange due to the gargantuan listing fee charged by these top trading platforms. Traders also have limited access to trade other quality digital assets.

The highlighted gaps and setbacks in existing trading platforms triggered the top-notch team of EOSex.com to address it comprehensively by developing a global one-stop trading platform that will permit users to trade cryptocurrencies and tokenized financial derivative products simultaneous with transparency, fairness, and safety as core values.

EOSex.com – Let’s take a closer look!

EOSex.com is powered by distributed computing technology to improve the overall performance of the platform. In this technology, workloads are divided into sub-tasks and feed to several computers for processing leading to the platform being able to handle large trading volumes and large unexpected variations in trading volume efficiently.

Leveraging the blockchain technology makes the EOSex trading platform more secure and stable. An instance is a mechanism put in place to harness assets withdrawals without encountering any issues relating to theft or loss of funds.

The team of EOSex will deploy a token known as the “EOSex Proof“’ with the ticker EXP. EOSex being a community-oriented project will share it’s generated profit with EXP token holders and partners and allow for them to contribute to the development of the project. Currently, users will be able to trade assets like EOS, ETH, USDT on the exchange with several others going to be added as the project evolves. These are most likely to be stable coins: GUSD, ERC20 tokens, EXP (EOSex Proof), EOS-based tokens etc.

With the EOSex On-chain trading models, users will be able to gain full access to all their EOS-related services without the need to buy expensive RAM and CPU. The process is very simple, all that you need to do is to deposit a slight amount of EOS into your account.

EOSex.com will generate the majority of its revenue from withdrawal fees, trading fees of 0.01% which is very economical, Overnight Carrying Charge on CFDs (0.02% - 0.04%) and on-chain transfer fee (0.01%).

The Future of EOSex.com

EOSex is focused on making its platform distinct by introducing wide spectrum of digital assets to be traded. The teams plans to introduce the trading of CFDs when the trading volume is much secured and stable after several phases of development. In the near future, crypto currencies, equities, foreign exchange, commodities and many more will be traded on the global one-stop trading platform hopeful.

Furthermore, the development of the platform will still continue in order to improve the features and services. Quarter four of 2018 will see the release of the IOS mobile App and the incorporation of CFD trading functionalities to the IOS/Android apps, launching of on-chain trading, upgrading of the Coin to Coin trading matching system to accomplish 100,000 transactions per second and as well as being customizable. The CFD API will be available for developers to integrate into their app.

To sum up, the concept behind the project is one of a kind and I believe they are going to disrupt the exchanges industry when most the planned objectives are carried out with respect to their development road map.

Relevant links and resources have been provided beneath this article for further readings and inquiries.