The Crypto market has been on a bearish run for the last couple of days. Looking at the prices I found it would be best to invest more fiat into the crypto economy. Unfortunately it is always a hectic job. I have used many ways to exchange my fiat into crypto currency. My initial investment was through localbitcoins, it is a website which connects two users the drawback here is there is no certification or trust between these two members. They are total strangers and both wanting the asset to reach them first. It took a couple of days to find a person willing to trust me and I to trust him, after that we exchanged the crypto and fiat and I was in the game for the first time. Then I got hold of a website that took money from the bank and exchange crypto in return, the rates were far too high and process was inefficient again taking a couple of days with no customer support. I waited 36 hours anxiously for my crypto to reach me. Although I did but what is the chance of a person turning onto a fake website and being trapped into sending their money and losing it. These are quite harrowing issues.
This is a revolution in the crypto exchange world. What Streamity is a P2P exchange that uses smart contracts to exchange assets between two people. What this means is suppose there are two users one willing to buy crypto and one selling it. Both these users will send their respective assets to the exchange in terms of a smart contract as soon as the exchange will receive both the assets it will release the contracts and the respective parties will get the either the fiat or crypto. This makes the job hassle free and people don't have to trust random strangers instead their asset is secured and released as soon as the other contract is fulfilled. This also makes the process quite efficient as the whole dilemma of getting to know the other person whom you are sending the fiat is certainly taken care of by the exchange.
At the moment Streamity is doing a partnership with two power house cryptocurrencies in the form of EOS and NEM initializing smart contracts through them. They are consistent currencies in the market both within the top 20 in terms of coin market cap, with huge potential ahead. The Streamity exchange will continue to strive for more partnerships in order to strengthen and take their system to a mainstream crypto market exchange.
In the end this exchange will only benefit the crypto wolrd and take it one step closer to being the financial economy of the world. At the moment most of the people who are intrigued by the technological aspect are hesitant to invest because of the hectic fiat to crypto exchange process with almost no security. The Streamity exchange will become the epitome of success for fiat to crypto exchanges and bring more people around the world to accept digital currency as the mass adopted currency.
https://steemit.com/crypto/@originalworks/605-steem-60-bonuses-sponsored-writing-contest-streamity
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