If you are involved with crypto, you are probably looking for an easy and secure way to buy and sell you coins. Searching for the best crypto exchange? We suggest you read this article before you make your choice: it will take no more than 5 minutes, but may save you a lot of time and doubtful thinking.
For those, who missed some of the earlier articles on the subject and our multiple update reports, we made a list of top 5 reasons to use Exscudo Exchange.
1). The most obvious feature that all the users would appreciate is usability. Our developers have done a lot of testing to make the exchange interface really convenient and ensure trading is as stress-free as possible, both for beginners and pros.
This accent on ease of use is explained by the fact that the company’s primary target was creating ‘a bridge’ between the conventional banking system and fast-developing cryptocurrency market. We sought to promote the innovation among so-called ‘mainstream users’, professional traders, investors and even financial institutions. Actually, the Exscudo exchange is an organic part of the bigger blockchain-based ecosystem, including Channels payment app – a digital wallet seamlessly combined with encrypted messenger. This line of interconnected products is created to address all possible financial needs.
2). Another crypto user’s concern is security. It’s explicable – we all know that in cryptocurrency world, ‘lost’ often means ‘lost forever’ just because all the transactions are irreversible. The major exchange hacks are still fresh in the public memory, making us over-inquisitive when it comes to choosing a crypto trading instrument.
Exscudo exchange would be an excellent choice in terms of security, as it combines the best features of centralized and decentralized exchanges and is free from the vulnerabilities of both types. For instance, as a semi-decentralized platform it uses a cold storage for depositing users’ funds, but for security reasons real cryptocurrencies are represented by so-called colored tokens, that are used in transactions and mirror the real coins, safely stored in a cold place. In case of attack it allows to restore the users’ balances to the state before the hack. Safety of deposits is ensured by the EON blockchain, featuring the highest level of security and resistance to hacker attacks, the exchange playing the role of an escrow agent, signing transactions.
3). As we have already mentioned, the Exscudo exchange is a part of a bigger blockchain ecosystem, with other Exscudo products integrated into it. This all-in-one approach allows a user enjoy the combined benefits of all the existing and upcoming products, made to match each other perfectly. For instance, you can withdraw money directly to the Channels app, or any other wallet you prefer.
4) A big red flag for any user, choosing an exchange, is absence or lack of clearly stated legal information about the company and its jurisdiction. Many inexperienced crypto users, enticed by the promise of low trading fees, pay no attention to this fact, and such a negligence may cost them dear in the end of the day. Say, if their money is lost, they don’t even know where to turn for help and which authorities get in touch with.
The Exscudo exchange has all the relevant info and legal documents (the official address, the number of license, fees and KYC/AML policies etc), displayed openly in the CONTACTS and ABOUT sections in the bottom of the main page.
5). Regular updates and actively growing community. Since its launch in the early July 2018, the platform has experienced multiple updates, including adding new fiat and cryptocurrencies and SEPA deposits.
The most recent one dates back to the last week, when Spanish and German languages support was added, aimed at attracting more users from Hispanic and German-speaking countries and communities. We do not stop in our development and have a lot of plans for the future, meaning your trading tool will get better and better.
If have not joined us yet, here is the link for signing up.
Wishing you an exciting trading experience and looking forward to your feedback!