AXNET | Reviewing A Hybrid Crypto Exchange

flintcode (37)in #cryptocurrency • 6 years ago (edited)

AXNET or Asset Exchange Network (AXN Token) is created by a team of experts, who specialize in different fields. These experts are collaborating to achieve only one goal and that is transforming the world by using the revolutionary solutions offered by the blockchain technology. They have developed a crypto exchange network which offers facilities of both centralized and decentralized exchanges. This hybrid exchange will work to make crypto assets available to all the interested people. It will also make crypto trading and investments easier than they are today.

The AXNET (AXN Token) team strongly considers blockchain technology as a future technology that can not only disrupt the way cryptocurrencies are traded till the date but also bring some revolutionary changes in the communication, non-corruptive data transfer, and other fields. Many platforms exist that use the blockchain technology to offer different solutions.

This is only the dawn of blockchain and many reforms will take place in the future that will be totally based upon the blockchain. The AXNET team wants to develop a reliable and stable network which can expand quickly. Probably that’s why the founders and developers are working hard to use the blockchain to develop a platform that can offer solutions which cryptocurrency traders have never used before.

What problems does AXNET(AXN Token) want to resolve?

There are several issues AXNET (AXN Token) wants to resolve, which are as follows:

• Frivolous technical architecture:

AXNET (AXN Token) believes that the modern cryptocurrency exchanges do not have a good architecture required offer exceptional trading experience. Most of the working exchanges are developed by professionals who have no idea about how the crypto industry operates. All the developers apply a common approach that cannot keep up with the growing requirements of traders. The developers working for AXNET (AXN Token) have an immense experience of offering developing effective solutions for the crypto market. Now they are collaborating to prepare a single platform that will offer top-notch crypto trading solutions.

• Poor liquidity:

A lot of traders do not leave the market with good profit. It happens because most of the crypto exchanges suffer from poor liquidity issue.

• Lack of security:

Centralized exchanges lack the necessary security features due to which sometimes their consumers suffer from a huge loss.

• Unsatisfying customer service:

A lot of cryptocurrency exchanges do not focus on how their customer executives deal with the customers. They only focus on providing assets to trade. A lot of people have stopped investing money in crypto assets mainly because of poor customer service. The crypto industry is not only losing investor and traders but also the invested funds.

• No hybrid solution:

There are either centralized crypto exchanges or decentralized exchanges. Both of these models have certain limitations due to which the traders do not get efficient trading solutions. A hybrid exchange is required which can provide great features of both centralized and decentralized exchanges.

The cryptocurrency investors face a lot of troubles on a daily basis because of the issues mentioned above. AXNET (AXN Token) states that it can resolve these issues by implementing some effective solutions.

The Unique Features offered by AXNET (AXN Token):

The AXNET (AXN Token) exchange is built to offer exceptional crypto trading experience. This platform is tested time and again to ensure all of its functions and features will work smoothly. The developers did not want to take any risk with the assets traders will trade through it and therefore they have audited and tested this platform multiple times to check how secure it is.

These are some noticeable features of Asset Exchange Network:

• The AXNET (AXN Token) will work as a hybrid exchange. It is built on the Ethereum network and it applies a hybrid mechanism in which it implements an off-chain settlement system. The users can rely on this system to take a full control of their funds. When it comes to offering the solutions offered by centralized exchanges, this platform allows the users to trade crypto assets for famous fiat currencies such as EUR, USD, GBP, etc. This hybrid exchange will also provide margin trading solutions in the future.

• In order to help new traders in entering the crypto industry, the AXNET (AXN Token) will also provide fiat to cryptocurrency exchange services.

• AXNET (AXN Token) will also allow traders to exchange EOS based tokens in the future with the relegation of the EOS mainnet.

• This platform is also willing to distribute about 70% of its token within the active users for free. The number of tokens will rely completely upon their trade volume.

• In order to help the partners in running their ICO through the AXNET (AXN Token) ecosystem, AXNET(AXN Token) is going to run an ICO incubator within its newly developed exchange.

In order to assure the investors and traders about a good progress in the future, the AXNET (AXN Token) platform will incentivize each user with the AXN tokens. The users will gain up to 50% bonus. There is no other exchange that offers such solutions and that’s why AXNET can gain so many new traders and investors.

The AXN Token:

The AXNET team has developed an ERC20 compliance token, known as the AXN token. Every user within the AXNET (AXN Token) ecosystem will need AXN Token in order to use all the features and the hybrid trading solutions offered by this platform. This (AXN Token) is compatible with all the Ethereum blockchain based wallets. This platform will generate 1 billion tokens in total. It will not distribute all the tokens during the ICOs, but this platform aims to buy-back up to 500 million tokens. The AXNET (AXN Token) platform will accept the payment in ETH, BTC, ETC, LTC, BCH, EOS, ADA, XLM, ZEC, and XMR. All of these are the crypto assets which you can use to buy the AXN tokens.

Final thoughts:

The Asset Exchange Network is going to feature a crypto exchange, unlike any other exchange, exist in the market. This project is raising funds for development through the crowdsale and therefore it will be selling a limited amount of AXN tokens. You can buy this token to join this platform and use its services.