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What Is PlatinumDEX?
PlatinumDEX is a cryptocurrency exchange platform built based on the blockchain technology. The platform seeks to become one of the world’s most secure hybrid decentralized crypto exchanges where users can trade both fiat and cryptocurrencies.
PlatinumDEX will prioritize on security and in doing so, address some of the major challenges facing crypto exchanges, which hinder the success of the exchanges. The exchange will be protected from external and internal attacks and therefore provide traders with high level of security on the licensed and a regulated exchange.
How PlatinumDEX Crypto Exchange And PHW Hardware Wallet Works
PlatinumDEX integrates a design that operates without a single point of failure as the design principles incorporate robust digital and physical security mechanisms such as blockchain technology that eliminate the threat of both external hackers and internal fraudsters. It will also receive support from a hybrid cyber security system, which will provide the crypto exchange with unparalleled level of security.
Additionally, the crypto exchange incorporates full Disaster Recovery (DR) processes that automatically switch on in case of disasters. Apart from that, the Business Continuity Planning (BCP) and fully certified, protected Data Centers back up all operations taking place on the exchange in case of any unforeseen events.
PlatinumDEX provides its traders with a secure hardware wallet for storing their crypto assets. The wallet will have unique security attributes such as zero footprints left after interaction with mobile or desktop devices, sufficient storage space, and generation of private keys only known by the users.
PlatinumDEX will deal with the major cryptocurrencies and fiat in the market and will acquire the relevant licenses before the commencement of trading therefore avoiding the need KYC/AML retooling in the future.
PlatinumDEX Advantages
Secure
PlatinumDEX is resistant to online attacks due to the security mechanisms it incorporates. Its servers are also not prone to physical theft as they are buried in black sites under Alps. Furthermore, the exchange is protected from power shortages as it uses hydro-electricity systems.
Legislation
PlatinumDEX will be a fully regulated cryptocurrency and fiat exchange platform that embraces the new legislation that ensures safety when using cryptocurrencies and thus support the efforts to encourage the mass adoption of the cryptocurrency ecosystem in the economy.
Liquidity
The platform will connect with other exchanges to increase the traders’ market liquidity while also providing the traders with market making algorithms that can be used for automated market making.
Customer Service
PlatinumDEX has a support service that is handled by every member of its skilled and experienced team. Therefore, when users have problems they will receive assistance in real time and from an experienced individual who has an in-depth understanding of the system.
Localization
In the future, PlatinumDEX seeks to expand and operate worldwide with a multinational and multilingual team in every continent.
PlatinumDEX PTX Token ICO Details
Parameters Of The ICO
- Token: PTX
- Token protocol: ERC20
- Total token supply: 500 million PTX
- Token supply during ICO: 250 million PTX
- Token price: 1 PTX = $0.50 USD
- ICO date: after completion of Club Membership sales and pre sale
- Accepted currencies: USD, EUR, UKP, BTC, ETC
- Soft cap: 2 million PTX
- Hard Cap: 250 million PTX
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.