EXTRADE IS A RELIABLE SOLUTION FOR CRYPTO EXCHANGE
As a digital investor, you need to know where you can be sure that your assets are protected at any time and any day when you are performing transactions with them.
Crypto exchange solutions (trading platforms) are platforms that provide cryptotrading services to digital investors. Activities for the purchase, sale and management of a portfolio of traders.
GENERAL PRESENTATION
Solutions for crypto-instruments have come into play as a result of the viability of the cryptographic market, they report that the cryptographic market is growing exponentially and it is still expected that it will follow this path in the coming years.
Exchanges from Binance, Yobit and many others were created as a result of the growing adoption of crypto currency by businessmen, individuals and organizations who see this as a good investment choice.
Among these platforms, the issue of asset security stands out, most digital investors expressed their discontent about this. A little more or nothing has been done about this.
Cases of hacker attacks on these platforms have been recorded in past times, the account is CoinDash, the decision to exchange in July 2017 was hacked, in which almost $ 8 million was stolen.
This account is one of many others for successful attacks on exchange platforms that require the exchange, which is reliable and secure for transactions.
Extradecoin is a crypto-exchange solution that seeks to provide a secure and secure environment for digital investors in the execution of trading services by adopting blockchain technology.
PROBLEMS RELATED TO CRYPTO EXCHANGE SOLUTIONS
Crypto-instruments always have been associated with the following problems, which include:
They did not have the technology necessary to protect the assets of traders on the platform.
Some of the transactions offered by these platforms were full of errors due to the lack of confidentiality of the database of traders, there was no system in which deposits and withdrawals were tracked.
Their wallet was not protected and could not also prevent a hack attempt, as they were connected to online servers at all times.
DECISION
Extradecoin strives to use its ready-made strategies to solve the problem faced by crypto-exchanges:
The Exchangecoin platform uses Amazon Web services to provide platform security mechanisms, this varies from account authentication, 2fa security, client identification, and so on.
The platform has a cold storage purse, this is used to protect the client database. The cold wallet store is designed for simultaneous disconnection from Internet connections to prevent any form of cyber attack on the system.
Extradecoin aims to use the advanced databases and security mechanisms used by leading banks to perform transactions on a daily basis. This will ensure the confidentiality of customer data and provide a system in which deposits and withdrawals will be recorded and controlled.
Extradecoin has a vision of how to make cryptotrading safer to increase the confidence of users in taking crypto currency using blockchain technology.
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