AXNET- The first hybrid marketplace

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Since the birth of crypto-currencies, majority of exchanges are facing a lot of challenges due to insufficient security, finance, dissemination of data and definitely the shutdown of the exchange due to users not patronizing the exchange. Firstly, let recap what is an exchange? An exchange is a marketplace where users buy and sell crypto-currencies. This exchange can be further categorized into; decentralized exchange and centralized exchange.

The decentralized exchange is where the users have full right and control over their funds. This exchange proffers high security and store data which cannot be altered or compromise. These assets are safe and secure in an immutable system known as Blockchain. Blockchain provide the best security for user’s data.

The centralized exchange is where users are assigned a certain limitation over their funds to ensure security over their funds. This exchange is control by an administrator. This exchange is easily exposed too many risks. The user assets might be compromise and the exchange is probe to hack.

AXNET exchange is a hybrid exchange that is built as a decentralized and centralized exchange. This gives user the privilege to freely toggle from decentralized and centralized exchange. AXNET exchange is integrated with high-performance matching engine that is capable of sustaining 2million order making and 1million order processing per second. This highly sophisticated trading system provide efficient trading and very fast in executing transactions within the exchange.

In AXNET decentralized exchange, users are giving the privilege to take control of their assets. AXNET exchange runs a hybrid mechanism that enable users to have full right and access to their funds. This decentralized exchange is based on Ethereum Network. Therefore, the implementation of hybrid mechanism enables the fastness execution of data and users don’t have to wait for trade to be executed for some time.

In AXNET centralized exchanges, users have less control over their fund, in this platform, AXNET exchange designed to feature major crypto-currencies for trading pairs of USD, EUR, GBP, BTC, ETH and USDT. There will be an initiation of margin trading within the centralized platform. Margin trading is when a trader pay 1% of the total trade amount place and the remaining is led by the broker (AXNET).

AXNET exchange is the only exchange that charge a very low fee compares to other exchanges. They charge a very low withdrawal fee, trading fee and listing fee from users that are willing to list their tokens on their platform. Therefore, these provide ease and convenient trading in the platform.

AXNET exchange is here to solve the problem experience by many exchanges. This exchange is made up of experience and competence teams that have more than 10 years experience in crypto-currencies. This teams will ensure AXNET exchange achieve its target goals. AXNET exchange has well-trained customer supports that have experience in any sector of cryptocurrency. Any problem table to the customer support will be allocated to the staff that is specialized in that aspect. In AXNET exchange, any problem shared is problem solve. With this efficient customer support, AXNET exchange will do their best to their users queries. These teams and customer support are here to make sure AXNET to be among the best and most popular exchange globally.

In the third quarter of the year 2019, AXNET exchange will take a step to initiate EOS decentralized exchange that will enable users to perform transactions of EOS tokens. This EOS decentralized will be fully under control by the users.

AXNET exchange will establish AXNET lab, which is known as ICO incubator. This strategy will allow other partners to runs their ICO within AXNET exchange. All these strategies show how AXNET exchange are inquisitive to solve and enhance the technology of the exchange.

In conclusion, AXNET exchange is one of the best exchange that feature a variety of highly sophisticated facilities such as hybrid mechanism that consist both decentralized and centralized exchange, installation of high-performance match engine that is capable of performing millions of transactions within a second. These steps enable AXNET exchange to achieve their goals and be among the best exchange globally.

AXNET token details

AXNET token with a ticker AXN is a utility token of the exchange. AXN will be used on AXNET exchange to pay trading fee, withdrawal fee, listing fee and any other fees. The users enjoy discount using the token to carry out any transaction within the platform. There is also benefit to users holding the token from daily potential profits of the exchange.
Symbol – AXN
Total supply – 1,000,000,000 AXN
Token for sale – 100,000,000 AXN

Token allocation

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ICO details

AXNET exchange plans to sell a total of 100,000,000 AXN (10%) during ICO. They are targeting a soft cap of $3,000,000 and hard cap of about $200,000,000. The ICO has begun since 1st Aug. 2018 and will end on 30th Sep. 2018. AXN is sold at the rate of 2,000AXN per ETH.

Roadmap

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Team

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For more details click on AXNET’s links;
Website: https://www.ax.net
Twitter: https://twitter.com/AX_NET
Whitepaper: https://ax.net/assets/AXNETWhitepaper.pdf
Facebook: https://facebook.com/AXNETExchange
Reddit: https://axnet.reddit.com
Medium: https://medium.com/AXNET
Telegram: https://t.me/AXNET

Bounty0x username: Abusadeeq6

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