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.
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
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
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
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
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
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
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
Reference
Website https://www.extons.io/
Website https://thisoption.com/
Ann thread https://bitcointalk.org/index.php?topic=5263768
White paper https://www.extons.io/whitepaper
Twitter https://twitter.com/thisoption
Telegram https://t.me/thisoption
Medium https://medium.com/@thisoption.com
Username : pijayplow93
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