XERA is a decentralized cryptocurrency exchange. The solution envisages the following functionality: detailed reporting, advanced charting features, one cancels other (OCO) order features, multiple order types, price alert system, live profit and loss updates, and competitive trading fees. The exchange will offer several types of orders: market order, limit order, stop-limit, etc. Initially, XERA will allow trading with BTC, ETH and XERA coin with other currencies to be added later. XERA coin is an ERC20 utility coin that will offer reduced fees and incentives for traders. The XERA team is comprised of traders who have gained decades of experience in the banking and information technology sectors. As such, they have identified the functions that should be non-negotiable in a quality cryptocurrency exchange. Many traders currently have to use third-party and other paid tools to fulfill their full spectrum of cryptocurrency trading requirements via exchanges. XERA will be a fully integrated cryptocurrency trading exchange that resolves the key issues and challenges that traders are facing with current exchanges. To fund the development of XERA, an ICO will be launched to sell the XERA token and provide traders with access to a platform that incorporates all of the components that investors need at one place.
Highly Secure. Their experienced security team is backed by a rigorous set of audits and the latest innovations in cybersecurity. Not only are they committed to handling your crypto and fiat, but also ensure that personally identifiable information (PII) should be completely secure from theft and unapproved accessibility.
Lightning Fast. Their exchange is going to be on one of the fastest engines with super low latency. Have a look at their POC system in the “ALPHA TESTING” section. They were able to sustain a 2.5 Mtps throughput and super low latency and will keep on working to enhance it and create an HFT (High-performance trading) system with increased scalability.
Auto-trading. Their 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.
Notification Mechanism. Traders will receive instant SMS and/or email notifications for their defined tasks, orders, and pre-defined indicators. You will not have to stick to your screen and wait for the order fulfillment. Once defined, you will receive notifications when your tasks/orders are complete. Also, your trade will be automatically triggered with the Auto-trading feature.
Multiple orders. Worried about whether to put stop-loss or target sale sell? Why not both? And why not more than that? XERA supports a plethora of order types including OCO (one cancels other), Limit, Market, Stop, Stop-Limit, Trailing Stop, Fill or Kill, and Scaled.
Integrated on-site Tutorials. The only exchange with tutorials that help you learn how to trade in less than 30 minutes. Be it the UI interface, withdrawals or expert level trades, you will have access to understand, learn, implement and improve your trading capabilities with help of visuals, voice and AI. Easily accessible on laptops, tablets, and mobile devices.
Dual Dashboard. On one side, their simple UI design will provide an intuitive and easy interface to trade and on the other traders will have advanced capabilities such as four-hour time frames, zoom-in/out, global volume presentation, extensive charting features and technical indicators across multiple time-frames and much more.
Fiat integration. It’s undeniable, fiat currency still reigns supreme for its liquidity and relatively stable valuation. As such, they are securing the required legal agreements for offering fiat as a payment method.
PROPOSED TECHNICAL SOLUTION
Centralized exchanges are prime targets for hackers and other nefarious agents; the truth of this statement has been demonstrated by incidents involving Mt. Gox, 11 Shapeshift, 12 Bitfinex, 13 and Coinrail. 14 Further data regarding the challenges faced by centralized exchanges includes the insta – bility of a single point of failure which governments have the ability to control – if not completely shut down. While they plan on conforming to current regulations which are focused on know your customer (KYC) and Anti-Money Laundering (AML) protocols, they also understand the benefits of launching a decentralized exchange:
- Token Symbol XERA
- Token Protocol Ethereum, ERC20
- Token Sale Start 1 October 2018
- Token Sale End 27 November 2018
- Max circulating supply 95,000,000
- Tokens for sale 65,500,000
- Token Price 0.50 USD
- Payment methods ETH
- Softcap 5,320,000 USD
- Hardcap 29,260,000 USD