Exchase

 Exchase

Introduction

Exchase is an innovative ecosystem of fintech services, which includes a trading platform (forex and crypto exchange), a payment system and an instant payment service, social trading (PAMM accounts), an exchanger, including a decentralized exchange (DEX) and binary options trading service. In the near future, the platform will have a number of new crypto services, including staking, custody, cryptocurrency hedge fund functionality, as well as a functional extension of social trading to a full-fledged social network for traders.

 

Also, approximately in Q2-Q3 2021, Exchase account holders will receive a personalized branded debit card with a credit limit, which can be used to pay for goods and services in crypto and fiat at a comparatively favorable rate. Using our own unique high-tech solutions, we have combined into one platform many popular services provided by some players in the crypto market and the classic fintech market.

 

In terms of services, the classic crypto exchange Exchase is targeting Binance as the market leader, aiming to surpass it technically in the years to come. We are betting that established industries are less flexible than startups like us.

 

Therefore, the idea of "catching up and overtaking" in relation to such seemingly unattainable market sharks is by no means unreasonable. As for the payment system and the instant money transfer system, Exchase has already implemented functionality similar to Western Union, but on a newer stack (.NET Core 3.1), which is much ahead of the hard-to-maintain and highly buggy solutions of this giant company. In addition, Exchase is the first platform to deliver such sophisticated functionality for cryptocurrency and fiat-crypto operations. Also, the debit card service and loan service are already in beta testing.

Market Analysis

As a rule, cryptocurrency traders do not have that many exchanges where it makes sense to trade. The most popular are

Binance, Coinbase, Kraken, Huobi, and Bittrex. Regarding the functionality of social trading and social services for traders in general, their number is two times less, and here only InstaForex, AMarkets, and eToro are of any interest.

 

Market Problems

Based on the analysis of current proposals, we can display a general list of common problems. Insufficient level of security. Due to frequent hacks, users are afraid to keep their funds on exchanges. Therefore, our team with its cybersecurity department has made great efforts and conducted many tests that can guarantee almost 100% protection against hacking. Insufficient number of tools for technical analysis. The best option for successful trading is preparation. However, most of the exchanges do not provide users with the opportunity to conduct a detailed technical analysis of a particular currency. This stops both novice traders and experienced ones.

 

Lack of training materials. Nobody comes to the industry as a cool specialist. Quality tutorials are a great solution for any platform. The main goal of all market players is to make a profit, therefore the availability of basic materials that would teach how to trade, analyze charts and explain typical mistakes are an important component of any trading platform. Small pool of coins. Surprisingly, nowadays, most exchanges do not solve this important problem. Crypto-to-crypto and fiat-to-crypto pairs are practically the same on every platform. This is a significant disadvantage because as a result, it does not make the marketplaces unique and more attractive.

 

A very complicated verification procedure. The KYC procedure should not be too simple to protect against fraud, but not too complicated to simplify the work of users with the resource. Not all exchanges manage to find a middle ground in this matter. Complicated user interface and limited languages. An unpleasant situation when you come to a new platform and find Chinese localization there. But another important problem is a large number of graphs, tables, buttons, an incomprehensible interface, and untraceable logic of user behavior on the site.

 

Our solutions

Based on the current market problems, our trading platform will have the following set of solutions:

1. About 2 million transactions per second : The most important part of any exchange is its speed. The core of the trading system is capable of processing about 2,000,000 requests per second. According to the analyst team, this number is optimal to ensure high transaction processing speed without the need to deploy additional capacity that will be idle.
2. Futures : It should be noted that the cryptocurrency market is experiencing a big rise not only in trading volumes but also in the introduction of tools familiar to ordinary traders for making a profit. Our platform will support the trading of futures contracts. This solution provides more opportunities for earning money and attracts a large audience of traders to the platform.
3. Spot trading : In addition to futures trading, spot trading will be added. This type of trading is the most popular and familiar to the trader audience, as well as the most reliable, fast, and simple.
4. Margin trading : Trading on margin is a requirement for any modern exchange that wants to compete with large players. Therefore, we consider it mandatory to add this type of trading to our platform.
5. Anonymous instant exchange : It must not be forgotten that cryptocurrencies were created to provide greater anonymity. Every trader who wants to make an anonymous instant exchange can do this using our service
6. Decentralized exchange : Not all people trust exchanges, which means that it is necessary to provide an opportunity to make decentralized exchanges for those who are especially worried about the security of their funds.

At the moment, we have created the basic functionality that will be deployed on the platform in stages. It is also planned to add other functions that can solve the current problems of the market and traders.

 

Our Services

• Crypto exchange
• Margin trading
• List your asset
• Crypto wallet
• Purchase EXSE tokens
• Crypto Games
• Money transfer system
• Binary options
• Social trading
• DEX
• OTC
• Crypto loans

Buy EXSE Tokens ThroughTthe Smart Contract

• To buy EXSE tokens, you need to transfer ETH from your personal wallet to the smart contract address: 0x075e78a1569Cae4e591c049E72eE581Ea4e1c639

The minimum number of tokens to purchase is 50 EXSE. After completing the transaction and confirming it on the network, the user receives EXSE tokens to his/her personal wallet.

Restrictions

Send ETH only from personal wallets MyEtherWallet, Metamask, Ledger, Trust, etc.) DO NOT SEND FUNDS FROM THE EXCHANGES AND SMART CONTRACTS!

• Name: EXSE token
• Standart: ERC20
• Symbol : EXSE
• On sale : 1,000,000 EXSE

The Uniqueness Of The Exchase Project

• Legal service : Exchase OÜ intends to carry out its activities in full compliance with applicable laws and regulations, as well as obtain the necessary licenses and permits to carry out legal activities.
• Safe storage of assets : A special place in the project is given to the security of funds and personal data of platform users. The developers of the project used modern methods of encryption and protection against theft of assets from users' wallets.
• Finished working product : We have already launched a cryptocurrency exchange based on the B-book model. A-Book model, social trading, P2P, and OTC transactions are in the final stages of development and testing. New product launches are planned for 2021.
• Unified ecosystem : The platform combines a cryptocurrency exchange, a wallet for storing cryptoassets, binary options, social trading, and a money transfer system. All this is available using a single account.
• Modern development stack : Our team consists of young and ambitious developers. The platform is written in .NET Core 3.1 and React. Native mobile apps for iOS (Swift) and Android (Java).
• EXSE tokens : EXSE tokens of the Exchase platform are limited to an issue of 200 million coins. There will be no additional token emissions. Tokens generated by the platform when users use them to reduce fees will be burned.

 

Common Information About 1st Round

• Starts : Dec 15, 2020 (12:00 AM GMT)
• Tokens on sale : 1,000,000 EXSE
• Ends : Dec 25, 2020(12:00 AM GMT)
• Min. transaction amount : 50 EXSE / 0,02 ETH
• Carried out through the smart contract : Ethereum blockchain
• Decimals : 18
• Exchange rate of tokens : 1 EXSE = 0.0004 ETH
• Max. amount collected : 400 ETH
• Smart contract address : 0x075e78a1569Cae4e591c049E72eE581Ea4e1c639

The Use of Funds of The First Round

• 50% : Platfrom develompent
• 15% : Legal and bank accounts
• 15% : Obtaining a license to work with virtual assets (cryptocurrency license).
• 14% : PR and marketing
• 6%: Operating expenses

 

Roadmap

• Dec, 2020 : Launched a cryptocurrency exchange based on the B-book model
• Jan, 2021 : Obtaining a license to work with virtual assets (cryptocurrency license).
• Jan, 2021 : Opening bank accounts for the Exchase OÜ.
• Jan, 2021 : Connection of liquidity providers, as part of the A-Book model implementation.
• Mar, 2021 : Deploy Android version to Google PlayMarket.
• Apr, 2021 : Deploy iOS version in AppStore.
• Apr, 2021 : Margin trading.
• May, 2021 : Binary options.
• Jun, 2021 : Crypto loans.
• Jun, 2021 : Social trading
• Aug, 2021 : Crypto-wallet

 

ACCURATE INFORMATION

• Website : https://exchase.io
• White Paper : https://exchase.top/en/Exchase_WhitePaper_EN.pdf
• Twitter : https://twitter.com/ExchaseF
• Facebook : https://www.facebook.com/ExchaseF
• Telegram: https://t.me/exchase
• Reddit: https://www.reddit.com/r/Exchase

 

AUTHOR

• Bitcointalk Username : Sharena Delon
• Bitcointalk Profile Link : https://bitcointalk.org/index.php?action=profile;u=2850996
• ETH Wallet Address : 0x34bca8bb2d4dd87d53afb895799258bc2b069d78