The cryptocurrency industry has undergone a lot of improvements in the past few years. But at the same time, there is a lot to be desired, at least when considering the exchanges. Most of the centralized exchanges are prone to various threats, both external and internal, putting the user funds and even private information at risk.
Many exchanges and trading platforms aren’t designed to withstand DDoS attacks or handle high traffic, and it has been demonstrated in a number of instances when popular platforms have gone down due to either of these things. Also, the lack of security measures on few platforms had made them vulnerable to hacking attacks and insider leaks.
In such a scenario, there is a pressing need for a robust solution that can ensure security while providing an easy to use, all too familiar interface which doesn’t need a huge learning curve to adapt to.
Exenium: Up for the Challenge
Exenium, the much awaited unique platform has an answer to the challenges plaguing the crypto-industry. Designed by a team of experts, the platform brings in the perfect mix of security and usability to the crypto-community to ensure flawless trading on a familiar instant messaging interface.
The innovative exchange application, Exenium is in the process of raising the required funds to make this vision a reality. As the platform sells its token to interested participants, the team behind Exenium is busy working on the model that ensures their supporters get more than their money’s worth after purchasing the tokens.
To give a glimpse of the platform’s capabilities, Exenium is capable of withstanding DDoS attacks for a long time. The security standards implemented in this Chatbot-based exchange solution can be compared with those of Swiss banks. The easier it is to execute trades, more orders will be placed by its users. Exenium knows that and that’s why the solution is capable of processing over 10000 order creation requests per second. The robustness of the platform has already been proven by stringent stress tests.
By packing an entire exchange into a chatbot, the creators of Exenium offer users a variety of instant messenger interfaces to choose from. One can pick Telegram, Facebook Messenger, WhatsApp or any of the other supported messenger interface to start placing orders. Any issues, at any time? The 24/7 support team will be there to help.
The XNT Token.
The Exenium token (XNT) and its usage within the ecosystem is designed to overcome liquidity, value dilution and regulatory issues among others. The XNT tokens also serve as the preferred mode of transactions within the ecosystem, allowing people to spend it on services offered by the platform. Payments in this form is accepted with 10% bonus over the market rate. All the tokens received by Exenium will be removed from circulation to keep its value from plunging due to higher supply.
The utility token, XNT will be accepted by Exenium for payments towards new token listing, ITO campaign conduction, internal exchange services, and trader status acquisition. In the meantime, Exenium Exchange will focus on increasing the trade volume, price and market capitalization of its own token. For this purpose, Exenium’s developers are planning to increase the amount of XNT trading tools.
When listing new tokens, the XNT to new token currency pair will benefit from preferential treatment. Considering the projected growth in trading operations, Exenium’s approach to operations will increase demand for its digital token.
The total supply of XNT will depend on the performance of the entire Initial Token Offering campaigns, bonuses, bounty programs, and developer pool. The ITO campaign draws new users on to the exchange, increasing the trading liquidity while raising the funds needed to aide a comprehensive development of the platform.
The project will be deemed successful with any amount of investment as it has no soft cap. The ITO is being held directly on the Telegram Messenger (@exenium_bot).
Learn more about Exenium at – https://exenium.io/
