Cryptocurrrency exchanges have emerged, and grown in popularity, in tandem with the popuarity of the blockchain and cryptocurrrencies. These exchanges aim to make or, bring crypto coins closer to the average human. This they do by creating several tools and mechanisms to easily convert cryptocurrrency to fiat and vice versa. No gain saying that cryptocurrrency exchanges have grown & made huge strides, and the increased demand for digital assets in recent times is a testimony to their growth. That said, there is still room for huge improvement. Some issues still linger that I believe pose a threat to the mass adoption of cryptocurrencies. Issues ranging from lack of trust and loyalty issues, to lack of good user interface, high transaction fees, difficulty of real time trading, slow deposit and withdrawal etc.
Constant effort is being put in to improve the quality of service offered by cryptocurrrency exchange, in an effort to improve user experience and overall mass adoption of cryptocurrency. Let me introduce you to Volentix; a unique crypto exchange project that is planning to bring peculiar solutions to the issues currently being faced by users of cryptocurrrency exchanges.
INTRODUCING VOLENTIX
Volentix is a well secured decentralized digital assets exchange platform that has been developed with all the right trading tools to facilitate efficient and profitable trading for cryptocurrency traders using a Multicurrency currency wallet where users have full control of their assets. VDEX has been developed to provide a solid user experience and facilitate Community development and governance. VDEX is built on EOS smart contract through the assemblage of decentralized application portfolios to ensure speed, security, scalability and easy usage access for the execution of peer to peer transactions. A notable advantage of the multifunctional exchanger Volentix, is its wallet. However, it is important to clearly understand the differences between the exchange wallet and the exchanger wallet. Since the exchange wallet is not originally intended as a place to store assets. Nevertheless, the developers of the platform Volentix tried their best and created such a reliable wallet, the main task of which is to protect assets from various fraudulent hacks. All this became available through the use of a private key, which will be available only to the user. The presence of this key allows the user to use their funds at any appropriate time, regardless of whether it is the exchange of cryptocurrency for Fiat or Vice versa. The technologies behind VDEX operating system are top notch and will provide all the exchange requirements needed for secure and profitable trades. The Volentix Digital Assets Ecosystem (DAE) began as a collection of people each of whom had experienced the frustration and dismay connected with persistent flaws in the cryptocurrency marketplace, especially the losses of stake associated with enormous hacks and cyber fraud in central exchanges. To solve this issue, The team created Volentix to provide a comprehensive set of user-friendly instruments for every single individual: VDEX, VESPUCCI, VERTO, VENUE, and also a native digital currency to act as a store of value and a means of trade (VTX). Collectively, these tools are an effective solution for measuring value freely and securely without concentrated middlemen.
CORE FEATURES OF THE VOLENTIX ECOSYSTEM
VERTO
Verto is an interface for monitoring, assessing, and evaluation digital assets. It is the official Multicurrency wallet in the Volentix decentralized exchange. It is designed with Max security features to facilitate peer to peer transactions at almost no risk of losses for users and giving users complete custody o their wallet private keys unlike centralized exchange wallet.
VENUE
Venue is a platform offering incentives for education, promotion, and further development. It is one major Community feature of the volentix ecosytem that helps in the area of creating and promoting public awareness of volentix ideas. Through Volentix Venue there will be even distribution of VTX token, the native currency of the ecosystem between the members of the volentix Community. More details about Volentix Venue can be found in the Project whitepaper.
VESPUCCI
Vespucci is a protected downloadable electronic pocket.The Vespucci feature will be accessible to volentix users as a means of providing real time and historical market such as digital assets ratings and market sentiment analysis to facilitate traders trading decisions. Vespucci will provide all the valuable trading tools for users to make profitable trading decisions using VDEX.
VDEX
Vdex is a decentralized exchange for peer-to-peer trading of electronic assets. This decentralized exchange is the fourth pillar of the volentix ecosystem. Vdex will be fully integrated and work alongside the Verto wallet and the vespucci interface. Vdex will be embedded with the capacity to manage Vtx transactions and many other digital Asset to be made tradable on the exchange.
Volentix(VTX) Token
The VTX is the utility digital asset for this platform and will be spendable on VDex decentralized exchange. It is NOT an Erc-20 standard token, but was built on customized open-source eos.io technology. Transaction run faster on this chain and very effective for processing.
The VTX will be used for rewarding participants in the consensus process and in Venue campaigns. It will also be used for paying transaction fees on the VDex exchange. Holders of Volentix will have the permission to submit and vote on proposals to the Volentix ecosystem. The VTX token will be used for staking support for reviewing proposals and implementing projects.This unique token will also be used for incentivizing users to participate in order book.
TOKEN DETAILS
Token: VTX
Platform: EOS
Type: EOS
PreICO price: 1 VTX = 0.17 USD
Price in ICO: 1 VTX 0.3300 USD
Accepting: BTC, BCH, EOS, ETH
Soft cap: 3,000,000 USD
Hard cap: 48,500,000 USD
TEAM
PROJECT ROADMAP
PARTNERS
CONCLUSIVE THOUGHTS
With so many projects these days focusing on improving the quality of cryptocurrency exchanges, the need to provide more wholistic and complete exchanges services can no longer be overemphasized. The main aim behind the Volentix project is the development of a wholistic multi-currency exchange, where users can efficiently, safely and effectively perform transactions and other exchange activities seamlessly and without stress. In addition, the platform will be equipped with a number of additional features and options that will improve the skills and level of training of any trader. To learn more about these services, I propose to read through the Volentix Whitepaper, or use the channels below.
Website :
https://volentix.io
Whitepaper : https://s3.ca-central-1.amazonaws.com/volentix/VDexWhitePaper.pdf
Telegram : https://t.me/volentix
Twitter : https://twitter.com/volentix
Medium: https://medium.com/@volentixlabs
Linkedln: https://www.linkedin.com/company/volentix-labs/
Facebook: https://web.facebook.com/volentix?_rdc=1&_rdr
Bounty0x Username: evolution2k46
Disclaimer: This is a sponsored article written for a bounty reward
