Stoxum: The Exchange Solution

STOXUM: THE EXCHANGE SOLUTION



The year 2017 was a momentous one for the cryptomarket. There was a great boom and stakeholders realized the need for creating workable tools for working with in this financial subsector. The blockchain technology remains a great leverage in this regard. It is groundbreaking because it allows transactions to be processed without a central authority – such as a bank; the buyer and seller interact directly with each other, removing the need for verification by a trusted third-party intermediary. It thus cuts out costly middlemen and allows businesses and services to be decentralized.

Such service as the exchange of cryptocurrency, no doubt has densely entered into the lives of all investors and traders against the backdrop of the explosive growth of bitcoin and the market of altcoins.

What is a cryptocurrency Exchange?

A cryptocurrency is a digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.  Decentralized cryptocurrencies such as bitcoin now provide an outlet for personal wealth that is beyond restriction and confiscation.
Cryptocurrency exchanges or digital currency exchanges are businesses that allow customers to trade cryptocurrencies or digital currencies for other assets, such as conventional fiat money, or different digital currencies. They can be market makers that typically take the bid/ask spreads as transaction commissions for their services or simply charge fees as matching platform.

The team believes that the interest in cryptocurrency assets and sites for work with them will
increase as information spreads across globally and the increased in the number of blockchain projects.

Problems of the market

Despite the bright prospects of the crypto market as acknowledged above, there are a number of challenges that stops many users from accessing the use of cryptocurrency instruments.

There is no complete clarity in the regulation of cryptocurrency in many countries. The attitude of governments to regulatory issues can affect the quantitative levels of potential users of the platform.

Restraining factor may be a problem with volumes of liquidity. A prolonged drop in the market may frighten new users, which will force them to refrain from using cryptocurrency tools. The team behind Stoxum believes that an answer to these problems is right now because it will lead to an increase in trade volumes and the trust of users.

The Stoxum Ecosystem

The Stoxum ecosystem itself will consist not only of the main site but can also offer a quick and efficient White Label solution which at this stage has no analogues - a pooled liquidity pool for all sites within the ecosystem. With this model even a significant increase in one site will affect the entire ecosystem and increase the income of the holders of the token.  

The Benefits

The user will observe many features of the platform that guarantees comfortability. It is easy to use, ease of interface, speed, lack of technical problems and operational support.

Any user can be registered on the platform by entering an email address, nickname and password. All users’ information is secure and exposes to terminal encryption. Users will also have the rare opportunity of transfering funds to any another person by creating coupons with a unique secret identifier. Users of the platform can make financial transactions between the purses of any platform that supports the selected currency.
For every operation to withdraw of funds to third-party wallets, a fee is charged, meant for the exchange which is regulated by the internal policy of the Staxum platform, quite unprecedented in the exchange ecosystem.


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