what is the reason that almost all new projects in the space now are exchanges, and the likelihood of scams entering the exchange market is very high, especially a custody exchange like this, where we don't know those people behind the platform
This project was started in 2017
They have EXCC coin (2017)
The exchanger Xchange.me (2018)
The centralized exchange Xult.com
The 3rd thing on the roadmap for Exchange Coin (EXCC) is their decentralized exchange coming later this year.
They are partnered with Pragmatic Coders and here is a case study on EXCC:
https://pragmaticcoders.com/case-studies/exchange-coin-case-study/So youre right that Xult.com is new, but its part of an established project.