XERA – Cryptocurrency Trading Designed and Developed by ''Traders, for Traders''
ICO market is nowadays pretty similar to the Wild West during the gold rush period. It is possible to earn money very quickly, sometimes even good money, but you have to find a perfect spot, or in this case, a good project to invest. Common thing to the Wild West? No guaranties and almost no law. It is pretty easy to find bad cowboys which are going to promise you golden mountains to steal your last piece of bread. So in all this mess, if you want to find your gold nugget, you can trust just your own brain composites.
After my research, I found this project in which I really put my faith: XERA. Very likely you haven’t heard about them, project is made by great team members. Nevertheless, guys have an advantage, many other teams does not: already existing product made on a very perspective field. But these are not all pluses I found in this project. Below you can read the analysis and decide on your own, do you want to send some pennies to the pot.
ABOUT XERA
XERA will be a fully integrated cryptocurrency trading exchange that resolves the key issues and challenges that traders are facing with current exchanges. The XERA exchange is going to transform the way cryptocurrencies are traded, offering traders and investors a seamlessly integrated solution for their cryptocurrency investing.
XERA challenges traders facing with cryptocurrency exchange platforms while providing an integrated solution for traders and investors who are interested in the cryptocurrency market. XERA will provide the professional tools and resources that traders require for precise trade execution. XERA is currently establishing partnerships with professionals from various industries to assist in the development of a robust trading platform.
Liquidity Improving liquidity on crypto trading platforms is one way to encourage mainstream adoption. To make it one of the priority solutions, we will dedicate 10% share from profit generated from trading fee and put that in a reserve liquidity pool. This will ensure that liquidity remains healthy all the time.
Highly Secure Xera experienced security team is backed by a rigorous set of audits and the latest innovations in cybersecurity. Not only are we committed to handling your crypto and fiat, but also ensure that personally identifiable information (PII) should be completely secure from theft and unapproved accessibility. Auto-trading Xera exchange allows traders to implement their trading strategies via direct coding methods which will automatically execute their trades based on user implemented logic. Users will have access to all market data and technical indicators via the scripting language, so traders can quickly implement and auto-execute their favorite trading strategies
XERA Exchange
The XERA exchange will commence as a cryptocurrency-only exchange. This means that cryptocurrencies may only be purchased using other cryptocurrencies on the platform. We understand the benefits of incorporating fiat onto our exchange since Fiat currency continues to be superior in liquidity when compared to cryptocurrency and adding this to the exchange will increase the number of participants. More
participants equals to a higher volume on the exchange thus boosting liquidity. As the exchange grows and develops, fiat currency will be accepted. One of the primary unique value propositions of the XERA exchange centers on the suite of capabilities available to traders on our platform. For our inaugural launch, XERA will support trading in the following coins:
BTC (All coins can be traded with BTC)
ETH (will be disclosed later, what coins can be traded with ETH)
XERA coin (All coins can be traded with XERA)
However, we will add other cryptocurrencies based on a careful assessment of their demand, as the trader onboarding progresses.
FEATURES OF XERA PLATFORM
Increasing liquidity by reserved pool
High security by latest innovations in cyber-security
Lightning fast, xera will run by one of the fastest engines with super low latency ( 2.5 Mtps )
Allows traders auto trading by implementation of strategies via direct coding methods
Notification mechanism by instant SMS and/or email for tasks, orders, and pre-defined indicators.
Multiple orders - Limit, Market, Stop, Stop-Limit, Trailing Stop, Fill or Kill, and Scaled.
Integrated on-site Tutorials.
Dual Dashboard with simple UI design & intuitive and easy interface
Fiat integration, fiat as a payment method.
The Problems and The Solutions Offered
Limited order types
XERA's multiple order types will provide a high level of flexibility for traders.
Lack of auto-trading tools, unlike traditional platforms
XERA will have highly customized toolset, which can be configured for various indicators and auto-execute pre-configured orders.
Liquidity issues
XERA will have a liquidity reserve pool that mitigates liquidity issues. We will dedicate 10% of profit generated from trading fees to keep this pool healthy.
Poor customer service
We provide 24x7 support with dedicated agents who have verified expertise in their respective fields.
Lengthy validation process for KYC approval
We have partnered with Authenteq for a 90 seconds KYC process.
Lack of regulated crypto-fiat exchange
We are currently in the process of obtaining the required crypto trading licenses.
Poor or no audit process
We will be engaging a third party audit agency to perform regular audits and publish relevant and accurate results.
Slow engine and high latency
We already have POC engine developed with a recent test resulting in 2.5Mtps. High throughput and super-low latency means orders can be executed faster.
Security issues followed by hacks and theft
We have a team of security professionals and a dedicated budget for the most current security tools and procedures within the industry.
TOKEN AND ICO DETAILS
Token Symbol: XERA
Token Protocol : Ethereum, ERC20
Token Sale Start : 1 October 2018
Max circulating supply : 95,000,000
Tokens for sale : 65,500,000
Token Price : 0.50 USD
Payment methods : ETH
Softcap : 11,172,000 USD
Hardcap : 29,260,000 USD
Country: UK
Whitelist/KYC: KYC
Restricted areas: USA, China
Token Distribution
5% Reserve
10% Advisors
15% Team
70% ICO Crowdsale
Intended Use of Proceeds
10% Offices
15% Marketing and Sales
20% Legal, Compliance & Regulatory
20% Security
30% Product Development
ROADMAP AND DEVELOPMENT PERSPECTIVE
Above you can see the roadmap — how the team sees their nearest and long-term future.
TEAM MEMBERS AND ADVISORY MEMBERS TO THE PROJECT
Team seems to be the strongest part of this project. It consists of innovative and talented people. Of course I cannot complain if we talk about their professional level, guys indeed are experts on their field.
Be a part of this tremendous project and follow these links for more information;
Website: https://xera.tech/
Whitepaper: https://www.xera.tech/wp-content/uploads/2018/08/Xera_Whitepaper_v1.0-1.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=4812706.msg43416450#msg43416450
Telegram: https://t.me/xeraexchange
Facebook: https://www.facebook.com/xerablockchain/
Twitter: https://twitter.com/xeratech
LinkedIn: https://www.linkedin.com/company/xera-blockchain/
Instagram :https://www.instagram.com/xeraexchange/
Medium :https://medium.com/@team_90186
YouTube :https://www.youtube.com/channel/UCEs6IAjw2-Z7dynqbziA35w
Author
nugezmils
BITCOINTALK PROFILE
https://bitcointalk.org/index.php?action=profile;u=1729621