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Showing 5 of 5 results by Nzube687
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Re: [ANN]xCrypt EcoSystem | HYBRID EXCHANGE | DEBIT CARD | SOCIAL MEDIA | AIRDROP
by
Nzube687
on 03/09/2018, 17:22:00 UTC
we all know new exchanges always suffer low liquidity issues, how will Xcrypt handle this problem coupled with immediate and instant execution of orders once trading starts?
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Topic
Board Tokens (Altcoins)
Re: [ANN]xCrypt EcoSystem | HYBRID EXCHANGE | DEBIT CARD | SOCIAL MEDIA | AIRDROP
by
Nzube687
on 03/09/2018, 17:12:08 UTC
About the Xcrypt Debit card, apart from Bitcoin or Ethereum which other cryptocurrencies will be stored in this card because it is stated in the white paper that several cryptocurrencies will be stored in the Xcrypt Debit card to enable withdrawals from ATMs ?
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Topic
Board Tokens (Altcoins)
Re: [ANN]xCrypt EcoSystem | HYBRID EXCHANGE | DEBIT CARD | SOCIAL MEDIA | AIRDROP
by
Nzube687
on 03/09/2018, 17:04:18 UTC
In the digital wallet xCrypt will be reliable, encrypted, however, the problem is, can xCrypt wallets accommodate all types of tokens or coins available in Coinmarketcap? And, will the digital wallet be synchronized to a centralized/decentralized exchange account?

very strong observations here but i want to be optimistic they will given they will offer DEX as such the  Xcrypt wallets should support various coins
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Topic
Re: [ANN]xCrypt EcoSystem | HYBRID EXCHANGE | DEBIT CARD | SOCIAL MEDIA | AIRDROP
by
Nzube687
on 03/09/2018, 16:26:40 UTC

xCrypt / XCT  https://www.xcrypt.club/ comes with 2 themes one dark and one with more light and user can chose which they prefer  !

 LIKE SHARE AND SUSCRIBE

WEBSITE: www.xcrypt.club

Telegram: https://t.me/xCryptclub

Twitter: https://twitter.com/xcryptclub

Facebook: https://www.facebook.com/xcryptclub/

Medium: https://medium.com/@xcryptclub

Instagram: https://www.instagram.com/xcryptclub/

xCrypt Social Platform : https://www.xcrypt.social/

Discord: https://discord.gg/YmVzvqY

Crypto exchanges constitute a single point of failure and so are a target for hackers. Mt. Gox, the world’s leading exchange of its time, is the most publicised and largest hack to date, with unrecovered Bitcoins totalling 650,000. Mt. Gox later filed for bankruptcy. So i am curious to know that how Xcrypt will help to fade these fears.


One of the main issues with Centralized cryptocurrency EXchanges (CEXs) is their vulnerability to hacks. If we look at the past, various centralized cryptocurrency exchanges have been hacked and more than $2bn in crypto assets were stolen to date through fraud or hacks on CEXs. I too avoid CEXs nowdays.

you have a valid point but how will institutional investors handle decentralized exchanges since most DEX do not have a physical location to give it a face and again they need protection for their investment, I  believe its a good move for Xcrypt to have both CEX and DEX
Post
Topic
Re: [ANN]xCrypt EcoSystem | HYBRID EXCHANGE | DEBIT CARD | SOCIAL MEDIA | AIRDROP
by
Nzube687
on 03/09/2018, 16:08:12 UTC
Yes the XCT ( https://www.xcrypt.club/ ) future CEX platform will have KYC for new customers but if people want to trade anonymous they can use our DEX ( Decentralized Exchange )
Just curious, why not make this platform DEX only as most people prefer DEX over CEX. Just enhance the security features of DEX and your good to go.. Just my thoughts.

I understand your points but the truth is Centralized exchanges has advantages due to its physical location and institutional investors will favour Centralized exchanges who they feel are being watched by the authorities...i feel this is the reason why Xcrypt will have CEX also