Is It Even Safe To Store Your Coins On a Cryptocurrency Exchange? Find Out Below!
The beauty of cryptocurrencies stands in the fact that they are easy to transfer and move around, but without the proper infrastructure, it can be dangerous to do so. To meet this need, companies started to create specialised exchanges for crypto. This would prove to be one of the most significant catalysts for space as exchanges provide the much-needed liquidity required for transactions in such an early asset class. As these platforms are essentially software stacks that means that they are also prone to hacker attacks.
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The biggest hack in the history of cryptocurrency, was the MT Gox heist that robbed users of over 750 000 BTC, prompting a sharp plummet in the price of BTC that affected the entire industry. Needless to say that any future exchange needs to learn from these history lessons and provide their customers with services that they can trust!
Introducing CryptoCircleX: The Next Gen Cryptocurrencies Exchange!
Based on years of Crypto Exchange know-how, Crypto Circle X leverages advanced algorithms that allow a whopping 10 million TPS (transactions per second). The customers can also make use of A.I. agents, auto-trading services technical analysis tools and many more features that will go live once the project launches. The access to this platform is facilitated through a user-friendly app that has a mobile extension as well. The current major crypto exchanges have issued their token to sustain the growth of their business.
Binance, for example, issued their BNB token, an asset that appreciated over 7000% in valuation since it’s ICO price regardless of the current bear market trend. Crypto Circle X will also issue it’s own token in the form of CCX so stick around if you want to find out how to get some at these early stages!
A Customer First Experience that is focused on Safety and Scalability!
If you decide to trade crypto on the Crypto Circle X platform, your safety is assured by the advanced AES 256 encryption algorithm that stores all sensitive data and passwords in a tamper-proof way. The platform also uses CloudFlare services to defend itself against the notorious DDoS attacks. Customers also can activate 2FA authorisation for a heightened level of account security. All data handling services are GDPR compliant making sure that personally identifiable data is stored in a safe and regulated way.
The core mechanics of the exchange are developed in GoLang, a robust programming language designed by Google that allows for a whopping 40 nanosecond latency. As the cryptosphere is still entirely new, many new exchanges are prone to market manipulation techniques such as pump and dump groups and other bad-intended actors that wish to cheat the genuinely free market.
Safeguard your investments with Crypto Circle X regulated by EU Commissions!
Crypto Circle X, however, has an advanced market monitoring system that continually scans the ecosystem for unusual activity that might result in manipulation. The system is fully compliant with the EU Market Abuse Regulation Corpus so that the customers can rest assured of the safety of their funds. That being said if you wish to participate in the current private sale of CCX that’s running until the 17th of September you will receive a 15% bonus for your invested funds. The total number of available CCX tokens is 223 million. The team is looking to raise 3 million USD as their Soft Cap and 20 million as a Hard Cap, an entirely reasonable amount of funds required to sustain such a venture!