EXTONS~ An improvement to the crypto currencies exchange

lordrift (33)in #tron • 4 years ago (edited)

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Cryptocurrencies and blockchain technology are often portrayed as the big challenger to the current financial system, promising to fight corporate red tape, increase financial inclusion and create a more just and transparent economy. While all this is true, it’s not always rainbows and unicorns in the crypto world. Different cryptocurrency exchanges can offer various types of cryptocurrencies and have different terms, policies, payment methods, and fees. Exchanges also differ on aspects such as security, user-friendliness, functionality, and design. These factors can all play a significant part when choosing the most suitable exchange. Talks over regulation of digital currencies and crypto exchanges are a way to help the market become healthier and more transparent. Cryptocurrencies and exchanges indeed have many issues to address and challenges to overcome.

Here, we highlight some of the main concerns and recent issues that are preventing the crypto revolution from progressing to its next stage.

Security
The biggest problem currently in the crypto market is the lack of security. Indeed, with news of hackings and breaches often making headlines, users are demanding more protection over their assets and data. It is important to remember that as technology becomes more sophisticated, so do hackers. Exchanges are essentially so vulnerable to hacks because they centralise the risk, so further decentralisation can be an option in the pursuit for maximum security.
Transparency
Indeed, it is a well-established fact that the majority of ICOs end up unsuccessful — some of them even fraudulent. Furthermore, many expensive crypto projects often make a case for themselves claiming they are decentralised, when in reality, data from Token Analyst for Yahoo Finance showed that nearly 80% of the top 50 coins are held by the top 20 wallets. In 16 cases, the 20 biggest wallets held more than 90% of total token supply.
Creditability
Initial Coin Offerings are a great way to attract investors, but part of them resulted to be scams. Exchanges need to be careful and strict enough only to list those crypto coins which are reliable and ensure that the right assessment is performed.
Trading fee
Some exchanges charge a single flat fee, for example, 0.2% of the transaction value, on all trades. But many exchanges split their trading fees into two separate fees: the maker fee and the taker fee. In some cases, maker fees can be higher than the taker because the maker adds liquidity to the market, so the exchange ‘rewards’ the trader.
Liquidity
Liquidity is a vital element for any crypto market. A lack thereof creates an imbalanced environment, and things go out of control. Due to the decreased liquidity, orders are not placed/executed on time, and the doors are open for large holders to manipulate prices. Additionally, with a lack of liquidity, markets become more volatile and see more price slippages.

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Why is Extons the most suitable?

Low transaction fees
Traders can transfer their coins directly to another person without bank or clearing house. This means Traders can minimize their fees in transaction. Sometime they may pay fees with transaction to receive priority processing,
Liquidity
We tend to check the problem of lack of liquidity thereby, making markets less volatile.
Backup
Additionally, traders can protect their money with backup and encryption,
Border less trading
Traders can send and receive any amount of money anywhere in the world. No borders, no limits, efficient, Traders can be in full control of their coins on our Exchange.
This is rather attractive for people who usually transfer money abroad
Uncontrolled by government bodies
Because our Exchange is decentralized, the price of each cryptocurrency will not be controlled or influenced by government or Federal Reserve, and cryptocurrencies do not have inflation because of its certain supply amount.
Cannot be counterfeited
Cryptocurrency transactions on our Exchange are secure, irreversible and do not contain any users’ sensitive information, and this protects Traders from losses by fraud.

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ExTons Exchange

Extons is the best crypto trading platform with multiple security so that it gives security to user assets. Extons introduces the best digital multi-currency support such as Bitcoin, Ethereum, USDT, Tron, and others.

Benefits

Support for multiple currencies
We will continuously introduce and list quality cryptocurrencies around the world on our Exchange giving our users wide ranged trading services with the majority of cryptocurrencies.

User experience
We have a 24/7 online customer support service that ensures every user's transaction are done smoothly.
High Liquidity
With the modern technology, building an artificial market based on over 250 market parameters and 24/7 ongoing support with high Liquidity.
Safe and stable
Front-end and back-end designs, along with the implementation of multi-point and multi-modal allocations, help scale and provide better services to our customers.

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Our Tokenomics
TONS Token
Tons is a TRC-20 based tokens that can be traded on the exchange with other cryptocurrencies. W

What is TRC-20?
TRC-20 is a technical standard used for smart contracts on the Ethereum Blockchain when issuing Token. TRC-20 stands for "TRON Request for Comment". This technology is an improvement proposed by experts that has been accepted in the Ethereum Network system. This standard has a unique ID code of 20
Ticker: TONS
Token type: TRC20
Token Price: 1TONS : $0.2
Total Token supply: 180.000.000

SAVING PACKAGES

SMALL
Savings
You will get : 650 TONS Benefit
Profit/Month : 1.00 %
Profit TONS/Day : 0.21667 TONS
Profit TONS/Month : 6.50 TONS
Profit TONS/Year : 79.08 TONS
Inital Payment/Month : 5.00 %
Inital TONS/Month : 32 TONS
Minimum balance required
Value BTC : 0.02576064 BTC
Or Value ETH : 0.98628592 ETH
Or Value USD : 240.5 USD
MEDIUM
Savings
You will get : 1,250 TONS
Benefit
Profit/Month : 2.00 %
Profit TONS/Day : 0.83333 TONS
Profit TONS/Month : 25.00 TONS
Profit TONS/Year : 304.17 TONS
Inital Payment/Month : 5.00 %
Inital TONS/Month : 62 TONS
Minimum balance required
Value BTC : 0.04953970 BTC
Or Value ETH : 1.89670370 ETH
Or Value USD : 462.5 USD
STARTUP
Savings
You will get : 2,500 TONS
Benefit
Profit/Month : 3.00 %
Profit TONS/Day : 2.5000 TONS
Profit TONS/Month : 75.00 TONS
Profit TONS/Year : 912.50 TONS
Inital Payment/Month : 5.00 %
Inital TONS/Month : 125 TONS
Minimum balance required
Value BTC : 0.09907939 BTC
Or Value ETH : 3.79340739 ETH
Or Value USD : 925.0 USD
PERSONAL
Savings
You will get : 5,000 TONS
Benefit
Profit/Month : 4.00 %
Profit TONS/Day : 6.66667 TONS
Profit TONS/Month : 200.00 TONS
Profit TONS/Year : 2433.33 TONS
Inital Payment/Month : 6.00 %
Inital TONS/Month : 300 TONS
Minimum balance required
Value BTC : 0.19815878 BTC
Or Value ETH : 7.58681479 ETH
Or Value USD : 1,850.0 USD
INVESTORS
Savings
You will get : 10,000 TONS
Benefit
Profit/Month : 5.00 %
Profit TONS/Day : 16.66667 TONS
Profit TONS/Month : 500.00 TONS
Profit TONS/Year : 6083.33 TONS
Inital Payment/Month : 7.00 %
Inital TONS/Month : 700 TONS
Minimum balance required
Value BTC : 0.39631757 BTC
Or Value ETH : 15.17362957 ETH
Or Value USD : 3,700.0 USD

Roadmap

March 2020

Conceptualize the release of a cryptocurrency exchange that is a part of Thisoption.com ecosystem

June 2020

Release ExTons.io's first alpha version

July 2020

Run the Ton saving program on the Exton.io Exchange.

August 2020

ExTons.io enters operations, linking account with the Thisoption.com main exchange.

Q4 2020

Lists all the Tons coin on two of the top 30 CMC exchanges and implementation of the Tons as This option.com andtge Tronstrade App's main stablecoin.

Q1 2021

Release the ExTons DEX and implementation direct fiat payment gateways

Q2 2021

Run the ExTons staking program

Q3 2021

Kick-start the Margin trading feature on Extons.io

Q4 2021

Implementation TONS as the main stablecoin on TONSPAY

Final Thought

After a five-year-development, cryptocurrency has experienced ups and downs, it may have a large long-term effect on both currency and payment systems or bank, but these cryptocurrencies are currently still in their infancy, there are still a lot improvements need to be done, and there are still lots of difficulties which have to be overcame which have been done on the Extons Exchange

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