ONEPAGEX- Best simplified cryptocurrency conversion platform

in #crypto6 years ago (edited)

Introduction

 Today I like to share information about brand new exchange with simplified transaction process. OnePageX is no doubt the simplest and innovative cryptocurrency  exchange, it is the best available cryptocurrency conversion tool for  buying and selling, it can be used by individual and organization for  conversion of digital assets. The blockchain and cryptocurrency provides uses with the opportunity  of trading that is more secure, transparent, anonymous and out of the  control of any financial authority or government manipulation. Cryptourrencies just like the traditional fiat currency have been  designed to work as medium of exchange in the world of trading today.  Due to its decentralized nature , security and anonymity of  transactions, many users have adopted the use of cryptocurrency. When  Bitcoin first arrived and won over a certain amount of users, so many  cryptocurrency came up. This was because traders wanted their  transactions to be very secure and most importantly out of the  manipulation of a central authority. The advent of a plethora of digital or virtual currencies led to the  desire for inter-currency transaction. One cryptocurrency to be  exchanged for another. Then came exchanges that provided the users the  platform for these transactions to take place. Traders can now buy,  sell, transfer and receive digital currency more effectively. 

Certain Issues with exchanges

Some of these exchanges had outrageous fees which must be paid by the  trader in order for the exchange to facilitate his transaction. The know your customer (KYC) policy was a means for these exchanges  to truly verify that users are who they claim they are. However, the KYC  had some drawbacks:  

  • the cost of running these KYC processes has been increasing over  the years. An increment by 16% in the year 2017 and still increasing.  These rise in costs can adversely affect these platforms.
  • customers who engage in the KYC on most exhanges provide personal  information that must be vetted by the exchange to ensure or validate  their identity. This customer on boarding process are very complex and  with the current rise in cryptocurrency users the time spent on the  process will definitely increase. Right now most institutions take up to  3weeks to complete the KYC process for thier new customers.

There are over a thousand cryptocurrency today some having certain  strengths and advantages over the other. These currencies need to  interact and they so using different exchanges. This is because most of  the exchanges do not support trading or transactions of certain  cryptocurrencies. For a user who has a lot of investment in an  considerable amount of cryptocurrency this can be a problem for him.   What if I told you that there was ONE solution to this problem of  EXCHANGE of multiple currencies? Multiple cryptocurrency exchange all in  a single PAGE.



  

What is OnePageX?

OnePageX is a simple cryptocurrency exchange that offers a wide  selection of cryptocurrency; and rids the exchange of these  cryptocurrencies of complex registration processes. 

Just because it has to be great does not mean it has to be complex 

OnePageX currently supports over a 140 cryptocurrencies.  

 

Benefits of OnePageX

  •  NO REGISTRATION

To get rid of the whole multi step and complex registration processes  associated with current platform, the OnePageX platform offers its  users a "no registration" feel.
Every transaction created by a user simply adds a session on the  browser. If the user wishes to use that current session, he simply  copies and paste the URL or bookmarks the page. Easy and simple as they  come!!! 

  • SPEED

The rate of transaction on the platform is almost instant. However,  transactions cannot achieve completions until the deposits are  confirmed. The confirmation of these transactions are a function of the  fees to be paid, the nature of the asset(s) being traded and the level  of congestion in the blockchain. That being said, the transactions  should achieve completion in less than half an hour. 

  • WEBSITE INTEGRATION

Certain exchanges do not support the whole or even all the best  cryptocurrency available. These websites or exchanges can leverage the  web tool provided by OnePageX. It is caller the ONEBOX. The onebox is a  simple widget created by  OnePageX to allow websites use their exchange  services. The integration process is not rocket science; the snippets are  copied and pasted and voilà! quick cryptocurrency exchange is achieved.  The onebox widget is both mobile and desktop friendly. 

  • fees

The transaction fees which play a major role in determining the speed  of the transaction, is 0.5% of the transaction with a small network  fee.   

Transaction on OnePageX


  • The OnePageX platform has a simple interface for easy usage.
  • Every transaction is anonymous and cannot be traced back to real world identities.
  • The transaction are created as cards.

Status Indicators

The status indicators provide users with succinct and accurate  information on the state of the transaction. A basic live representation  of the current stage of the user exchange. The indicators are as  follows 

  • 0 of X

X is any positive integer. This implies that the deposit has not been  confirmed. It is usually caused by fees of the transaction or by the  level of congestion on the blockchain. It is not the fault of the  exchange. It will be processed eventually. 

  •  Withdrawl Queued

 This implies that the deposit has been completed and the transaction will be completed in no time. 

  • Below Minimum

Exchanges have a lower limit of amount of currency that can be  transferred by a user. Going below s preset value of the OnePageX will  lead to forfeiture of the deposits. 

AS A USER, ENSURE THE DEPOSITS ARE WITHIN THE PRESET LIMITS.
 
  • Flagged for Review

Any issue that may arise with a transaction is carefully scrutinised  by the administrator and the transaction is proceeded as soon as  possible.   

 Features Of  OnePageX :


following are the feaures of OnepageX

1- interface Simplicity
2- you find out all cryptocurrencies Within onebox widget
3- Have No Record
4-Coins Selection is the largest
 

More Details


My Medium post: Link
onepagex2018 

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Very nice explanation. I like the way you explained . Good luck!

This is a great project!

I got lot of information here. Thanks

Wow... Steemread. U basically copied my article on ONEPAGEX . and no references or acknowledgment. NOT COOL😈😈😈

That's the link to my post
One page X