Wide specter of different blockchains
First was the Bitcoin. When it was created nobody could even imagine, how popular it would become, except for its creator, of course. This is how world saw his first blockchain, which was going to become catalyst for blockchain revolution, which had changed our world forever. Then we saw Ethereum, which was a little bit more comfortable and widespread. It became a base for wide majority of new projects and cryptocurrencies. Most of them had failed, but Ethereum was not to blame. During the last year world have seen a lot of new blockchains, and every of them had produced special tokens.
Small note: every blockchain supports certain token format. For example, ETH supports ERC-20, ERC-721 and ERC-165, but only the first option became popular because ERC-20 tokens are fungible. Almost every ICO used Ethereum blockchain as the base for its new project, so ETH quickly become widespread payment method. However, after the last fall of price, ETH positions are not as good as they may be.
Now let us get back to the main topic of this article: cryptocurrency exchanges. As you might know, there are two types of them: centralized and decentralized. Second option suits blockchain revolution better, but first one is much more comfortable in terms of use. Anyway, both of them experience issues due to enormous amount of new blockchains. It is easy, when you need to change some of basic tokens such as ETH or BTC, but what if you are going to change some of ERC-20 tokens for NEO? Here comes the problem.
MoonX is the first of a kind
Centralized exchanges deal with this issue in next way: they have reserves, so they do not care about the blockchain. Unfortunately, they are able to compromise your security and they take huge fees, which makes them unprofitable for stable everyday trading. However, today most of traders do not have an option, but they will be able to become part of MoonX family very soon.
Decentralized exchanges are the future, but not in current stage of development. Most of them are full of hidden fees and all of them experience lack of liquidity, especially if we are talking about non-popular trading pairs. However, fees are the real problem. Decentralized exchanges do not have own reserves, which makes internal part of exchanging process complicated. You give them BTC, they are looking for the best price of another currency, buy it (paying commission to the third party) and sell it to you. Even if they are talking about zero fees, it means that fees are hidden and you still have to pay it. Nevertheless, such order of things could not last forever and, finally, MoonX team have found solution.
Thanks to MoonX you will forget about looking for special exchanges, which is working only with one or two blockchains and takes hidden fees. People, who are interested in becoming a part of MoonX family, should pay some attention to their WP, where team managed to explain all features of their project.
MoonX website: https://www.moon.family/
Twitter: https://twitter.com/MoonX555
Facebook: https://www.facebook.com/MoonX333
Telegram: https://t.me/Moon_Money
Author: https://bitcointalk.org/index.php?action=profile;u=1380108