Amplify Exchange is a New Type of Crypto Trading Platform from Controversial Substratum (SUB)
Substratum recently announced they had developed a new type of exchange for the crypto world. The exchange, which will be known as Amplify, will be a hybrid exchange that combines a decentralized and distributed exchange. This exchange will be a gateway for users of the top 100 cryptocoins by market cap once it launches.
What Makes Amplify Better?
The exchange has a simple interface that traders, both newbies and experienced, can enjoy in the sale and purchase of crypto from their bank and credit cards. Besides that, the exchange will make it possible for users to buy services from merchants with the use of crypto.
What The CEO Of Substratum Had To Say
The CEO said that he was happy to introduce this exchange to the world. According to him, this has been a vision of his since he launched the Substratum forums. He always had a vision of creating an ecosystem of various parts that work together to produce great results.
With the Exchange, the CEO wanted to ensure anyone, regardless of his or her nation or expertise could trade in crypto with ease. This is something that has not been achieved before, according to the CEO. Besides that, he said that hosts of the SubstratumNodes and users of CryptoPay would benefit from the exchange.
This exchange is going to be the third part of the larger Substratum ecosystem. The other two are CryptoPay and SubstratumNode. The nodes verify each transaction on the exchange. As a result, those running the nodes will earn AMPX tokens and SUB tokens. All crypto bought on the exchange can be spent via the CryptoPay account. This will ensure that they can use crypto to purchase services and goods from merchants. They can also donate to nonprofits on the network.
Everyone Is Welcome
This exchange is great for those who want fast transactions so that when they buy crypto, it quickly appear in their wallets. For pro traders, there are tools that can assist them in analyzing the market. There are also trading alerts, tax reporting tools, investment reporting, and tools for managing one’s portfolio. Besides these, there are many other tools offered in an easy-to-use interface.
Via the nodes and the Bridgechain that links distributed and decentralized exchanges, anyone can access the exchange. Due to the crypto trading pairs, it will help to get rid of the time delays and transaction costs that are on most crypto exchanges.
More About Substratum
This company wants to decentralize the web. With this project, any computer will be able to run as a host server. It feels that the internet is too centralized and it wishes to do to the internet what Satoshi Nakamoto did for money.
This way, no one will need to rely on centralized hosts to gain access to the internet. They will create a network of nodes that allow users to use the internet in a decentralized manner. While Bitcoin wants to create P2P money, this project wants to create P2P internet access.