An exchange for trader and gamer. Extradecoin connects buyer and seller; investors and traders; gamers and game publishers; ICO developers and community.
Extradecoin is a cryptocurrency trading platform. Investors can trade crypto-crypto on the exchange. Extradecoin is established with the desire to provide quality, reliable and safety financial platform for investors. In addition, we are eager to bring the latest technology platforms with the best UI experience on the Extradecoin platform, and at the same time build ecosystems to maximize the benefits for the community.
Extradecoin is an exchange platform for the cryptocurrency. Extradecoin has many outstanding features:
Extradecoin connects sellers and buyers. Anyone can trade cryptocurrency on our platform with ease. If customers use our ETE coin to transact, they will benefit the lowest you get on the platform is about 0.01% (ETE) compared to the average rate of 0.05%. Whether you place a buy or sell order, we will not charge a deposit. The withdrawal fee will be calculated according to the change of current rates. Extradecoin will provide free analytical reports to clients to help customers trade effectively...This is also one of the special features planned for customers in our ecosystem. Additionally, Extradecoin will have a high Interactive Broker (IB) commission policy that will offer up to 30% of the
transaction fee that Extradecoin receives per transaction.
Extradecoin targets some specific groups of customers:
• Investor : Extradecoin will assist investors in purchasing most of the available cryptocurrency in the
market. We offer services with the lowest transaction fee, minimum withdrawal waiting time, fast transfer
process, and immediate placing orders.
• ICO Developers: Extradecoin supports new ICO projects in the process of opening and call for funding.
We assist customers in choosing and investing in an ICO project. We also help investors in reselling
token even if the ICO project is still going. Once the ICO is completed, investors can continue to trade
this coin on Extradecoin. By doing this, Extradecoin helps ICO community to expand hence increasing
the liquidity and value of the token.
• Gamer: Token Play is a place for gamers to entertain and simultaneously profit from playing games. When playing our
games at TokenPlay, Gamers use coin to exchange for in-game services. TokenPlay will have high information
security. In Extradecoin, individuals can also be both a gamer and investor simultaneously.
In the early 1990s, the gaming market value was estimated at $ 100 million with several million players. Since then, the gaming industry has experienced tremendous growth. In 2017, the worldwide gaming market is valued at $ 121.7 billion. According to forecasts by Newzoo (Global Game, Phone and eSports Market Research), this figure will increase to $ 180.1 billion in 2021. In 2018, the gaming market is expected to reach $ 137.9 billion. Mobile games are growing rapidly. According to forecasts, Mobile games will account for 51% of the market by the end of 2018.
• Many payment methods are not accepted worldwide or in some countries of the world. The regulations for international transactions are quite complex.
• Gamers need to go through intermediaries/3rd parties to make a payment in game e,g Banks, Financial companies ...; This causes high transaction fees, long transaction times. The higher the volume, the more transaction costs are incurred.
• Deposit/withdrawal limits.
• Gamer’s security is rather low. Account information is vulnerable to hacking or the risk of being exposed by game developers (aka private information trading)
• In traditional games, the digital assets that gamers possess are stored on the developer's server, i.e., the gamer does not own it, and game developers can interfere or delete the player's account at any time without any reason or warning.
• Transfers between players are limited.
Extradecoin understands users’ needs for entertainment hence we have integrated our Game ecosystem into the platform trading platform. Investors can not only trade coin, exchange on the platform but can also play games on the Exctradecoin’s Blockchain platform. With TokenPlay gamers can also make money from Game Betting or Gambling.
And TokenPlay is not just entertainment; Gamers can make money from Game Bet or Gamble. Token Play is a dedicated gaming ecosystem-based exclusively on the Extradecoin platform. Investors who have ETH, BTC or another coin that’s available on the Extradecoin platform can participate in Token Play. Games on Extradecoin will use ETE tokens for transactions and payments. Gamers can easily buy or sell ETE on the exchange. Token Play will cooperate with various Game publishers on Blockchain platforms to integrate into Extradecoin. We will try to support all types of games to bring gamers the best experience. Token Play will have many games such as game pictures, game strategy, game imitation, game bet.
• Blockchain-based games allow in-game items or accessories purchased by the gamer to be stored in each player's private wallet. Players are free to decide whether to buy, sell or transfer these assets.
• Gamer accounts and information on the trading platform or in-game are highly secure with up to 3 steps: password, 2FA, and Extradecoin’s password. This information is stored on the Smart Contract so that no one not even the game developers or Extradecoin administrator can access and change it.
Extradecoin will introduce a multi-signature wallet services on client accounts. Multi-signature is a highly advanced technology for private information security. These wallets will consist of two private keys: one held by the user and the other is held by Extradecoin. All private keys will be stored on a separate server. All withdrawal activities will be closely observed. A withdrawal transaction will only be successful if a consensus is reached by both Extradecoin and the customers. This will prevent double-spends when a user intentionally conducts withdrawals greater than their existing
balance.
To conclude, multi-signature is the ultimate security mechanism that enables to protect their account even if
it becomes infected by a malicious code. Hackers, who illegally intend to invade private computers or steal passwords, will not be able to get our clients money.
Extradecoin employs Amazon Web Services' security mechanisms. Extradecoin systems requires account authentication, client identification, and 2FA security to log in. Different individual systems cannot interact with each other unless approved and monitored.
Extradecoin uses cold-wallet storage to protect the client's crypto assets. A cold-wallet stores crypto and simultaneously disconnects internet connections to remove any unwanted hacker intrusion. Assets stored on the platform will guarantee that transactions activities are running continuously. At the same time, a cold-wallet will be used as a high-security mechanism in cases of high transaction activities are going on. Cold-wallet and multi-signature technology are two of the core elements used together to create the ultimate security system for customer assets. This mechanism ensures that all cash flow is properly observed and fully transparent. Extradecoin plans to cooperate with major insurance companies around the world to offer insurance packages for customers' assets that are stored in the Extradecoin database.
Extradecoin's trading platform will utilize the most advanced databases and mechanisms currently being used by major banks around the world to carry out transactions on a daily basis. This will ensure the reliability of transactions and the privacy of information. All activities for transactions, payments, deposits, and withdrawals will be strictly observed. Extradecoin’s systems will always ensure that all transactions activities are error-free.
For more info please visit EXTRADECOIN official website
whitepaper download here
