Building a cryptocurrency exchange is not an easy task. Building an exchange that provides a complete set of tools and features is an even more challenging ambition. At Cryptonity, we are conscious of the time, self-investment, passion and hard work a project like this demands.
But we do believe that the current exchanges, including those who have been in the market for a long time, can be improved in a lot of ways. Perfection is very hard to reach, but we strive to get close to it, as much as we can. Based on our experiences in cryptocurrency as traders and miners who have been active users of current platforms, we do believe that we have the knowledge and the skills needed to build the cryptocurrency exchange you’ve been waiting for.
We also believe that in an exchange project, as for any other business, the customer is the king, and should be treated as a king, or a queen. Our users/customers are the ones who use our tools, trust to keep their money safe, and thus help us build our reputation and credibility in the market. So they deserve to be listened to and to be treated with care.
That philosophy is the very root of our project. Cryptonity is the combination of Crypto and Community. It’s simple but strong and meaningful, as our goal is to be an exchange that is respected by the Cryptocurrency Community.
To my understanding it is a combined of two words to frame the name "cryptonity" which is crypto and community in other way conveying clients to the crypto world and being easy to use.
Configuring a digital currency trade isn't a simple assignment. introducing a trade that gives an entire arrangement of apparatuses and highlights is a considerably all the more difficult aspiration. At Cryptonity, we are aware of the time, self-venture, energy and diligent work a task like this requests. In any case, we do trust that the present trades, including the individuals who have been in the market for quite a while, can be enhanced from multiple points of view.
Flawlessness is difficult to reach, however we endeavor to draw near to it, as much as we can.In view of our encounters in cryptographic money as brokers and mineworkers who have been dynamic clients of current stages, we do trust that we have the learning and the abilities expected to manufacture the digital money trade you've been sitting tight for.
We additionally trust that in a trade venture, with respect to some other business, the client is the lord, and ought to be dealt with as a ruler, or a ruler. Our clients/clients are the ones who utilize our devices, trust to guard their cash, and along these lines enable us to assemble our notoriety and validity in the market. So they have the right to be tuned in to and to be treated with care.
That logic is the plain base of our task. Cryptonity is the mix of Crypto and Community. It's basic however solid and important, as we will probably be a trade that is regarded by the Cryptocurrency Community.
guarantee a more complete, reliable, colorless and collective exchange platform in the auction.
From our point of view, we see two different categories of cryptocurrency exchanges: the big players on the one hand, and the challengers on the other hand. The ones we subjectively call the challengers do not care about their users or customers, and seem not worried about their credibility. The majority of them list all coins who accept to pay their expensive fees, and that’s it. They don’t interact with their customers, don’t make any improvements (such as UI upgrades), and only focus on maximising their incomes. They are very often not transparent at a point which it is, sometimes, for us, hard to understand how some users can trust them and engage their money on those exchanges. We think that it’s because some “low cap” alt coins are only available on those exchanges.
Regarding the big players, we also have a lot of questions. Are they real companies? Are they regulated? Do they have plans to support FIAT? Do they have any bank account? Where are they based? Are their platforms really safe? Is there any insurance in case our money is stolen? Can we talk to someone in a live chat? Can we call them in case of emergency? And the list goes on. At the end of the day, it’s all related to security and transparency issues. It’s actually even worse for big players as they are the main target for hackers and thieves. We could write a book about cryptocurrency exchange related problems, and the ones stated above are only a few among a very long list of things the market can do better. In the same time, we understand that running an exchange involves many challenges and risks. Aside security and transparency issues, we have also noticed issues related to user experience, such as lack of trading tools, insufficient language support, slow withdrawal processes, etc.
Cryptonity Solutions
A comprehensive “Cryptosystem”
Provide our users with the most ergonomic and performant trading tools.
Users who own our Cryptonity Token (XNY) to be granted with the lowest fees in the market.
We plan to develop our own Blockchain and a decentralised exchange with the participation of our community through a rewarded program.
Security & Insurance
Provide our users the most secure trading platform, working with the best security experts in the market, audited twice a year by independent security companies.
First crypto exchange to provide an insurance to refund our users in case of losses.
A Community centric trading platform
Involve the crypto community in the evolution of the platform to meet their needs and requests: features to be developed, coins to be listed, etc.
Responsive multilingual customer service, low fees and fully transparent policy.
“Forks”, “Airdrops”, “Staking Rewards” and “Masternode” features to be implemented.
Security:
I want to provide our users with the most secure trading platform
To fulfill this mission, I will work with the most popular experts in the field of security in the exchange, it was audited twice during the independent security firms and we gathered our results of control with the aim of absolutely all our users. Our partners in accordance with security will be mentioned on our website. Continue to guarantee our users a reliable business skill, establish an insurance document in order to reimburse
our users in case of overhead due to the attack. You will find more detailed information about our insurance policy, in the field of the exchange base.
Collective communication with our users
It is more than certain that I am involving our users in the development of our platform. I will have different communication channels disclosed to interact with our users, and I will certainly respond to our user requirements in the shortest possible time. I want our society to participate in the development of the platform, in terms of functions, which will be invented, coins, to be listed, and so on. The function "Request evaluation" will be carried out with the objective of the users, to imagine the functions that they would like to notice in the landing stage.
Cryptonity Token
They will issue our own token, called Cryptonity Token, with the ticker XNY.
Cryptonity Cryptonity Token will run natively on the Ethereum Blockchain. They are planning to develop own Blockchain in the near future and we will start working on it right after Token Sale is finalised.
Cryptonity Token will be a utility token and its price shall thus be related to its utility. token will grant its owners a lifetime discount of 50% on Cryptonity Exchange fees. It will also enable its owners to take part to specific features such as the vote for the “Coin of the Month”.
Cryptonity Exchange
Cryptonity aims at disrupting the crypto exchange market by providing a fully secure, transparent and community centric crypto ecosystem, by providing our users a comprehensive set of ergonomic trading tools and involving them in the development of the platform. Support for “Forks” and “Airdrops”, “Staking Rewards” and “Masternode” features will be implemented.
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March 31, 2018
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September 30, 2018
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December 31, 2018
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March 31, 2019
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June 30, 2019
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September 30, 2019
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December 31, 2019
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March 31, 2020
Author: princessjenyz
Eth: 0x487d18D1593B3e3fb1bcc3C1e3dbFf0D8AE0895b
