ECX Exchange ICO: No Fee Decentralized Trading Exchange?
What is ECX?
The platform is a new decentralized exchange platform that offers a 0% trading fee. And not only that but it operates on a P2P level. It’s basically built for people on the Ethereum community, who are using the Ether Token. It’s a platform is used for you to trade your ERC-20 Tokens straight from your wallet.
How Does ECX Work?
The platform is said to be off chain and you can order books that help institute efficient markets. There isn’t the need for a forecast or specialized reputation. The platform is also universal and the ECX Exchange website has been signed up for three languages, Portugeuse, English and Spanish. There is said to be more languages being added to the platform soon enough after the launch is completed.
And with the secure platform, they take security very seriously. They offer security that is basically tighter than fort Knox even is. The platform can be used to trade the major cryptocurrencies. And they offer a wide amount of problems & solutions. ECX Exchange aims to fix some of the cryptocurrency world’s most challenging issues.
Because with cryptocurrency, the economy is currently filled with giant monopolies. ECX is basically a decentralized network, that is based on a peer to peer-based trading platform where you can easily use your ERC20 tokens from your wallet with no problem at all.
Trader’s bots are also used on the platform. You’ll need to have the 100ECX installed into your wallet. And that way, they can stop any bots found in the network making unfair trade. Also, since it’s decentralized, they don’t have any user’s coins. That is one more reason that hackers can’t attempt to steal your tokens for any reason.
What is the ICO on ECX?
Right now, there is a discount of 66.5% off the token price. It’s the best price you can get tokens for just about anywhere. The current discount is running for 56 days about. So far, 1% of the Soft Cap has been raised and 1ETH = $1000 = 50k ECX. The token sale will be running through different stages and you can keep up to date with it on Twitter, Telegram and a few other platforms as well as pick sign up for the email newsletter.
The two rounds of sales for fair distribution has a max supply of 500 million. And during the ICO sale there is 370 million tokens for distribution. It should be also noted that the token is a utility token and works. The ICO has an end date o May 2018. And at the current discounted rate of 66.5%, the platform is giving away the coins at a very cheap price, with the minimum contribution being 0.05 ETH.
The details for being able to purchase the tokens can be found on the token website. And the symbol for the token is ECX with 18 decimals. Why would anyone invest with the ICO? There is a zero percent trading fee, and it works on a peer to peer-based service that is a decentralized peer-to-peer trading platform. And that essentially means you can use the ERC20 tokens, and trade them from your wallet to the platform with ease.
You can buy ECX Tokens as an ERC 20 compatible token. And the hard cap for the token is 500 ETH with a soft cap of 850 ETH. The ICO for the company is the 3rd of April – 31st of May. You can send the ETH to the address on the website, and you have to follow the specialized instructions that are found on the company website. Any of the tokens will be sent automatically as well, and you don’t have to send them from exchanges because the possibility of losing them. Also, there are certain Gas Limits you don’t’ want to change because once you do, transactions won’t be successful.
You can also purchase the tokens with BTC. And there is an airdrop that is happening where there will be 2 million ECX tokens being used, and you have the chance to win a free cryptocurrency that is used to power the network.
Also, if you want to see the full roadmap – head to the company website and there is a detailed list of everything that is happening in the ICO.
Who is Behind ECX?
Sergio Alves is the CEO and Founder
He has 5 years of experience in project management and growth for newly developing startups.
7 Years of experience in software engineering.
To learn more about the company and everything happening on the platform, you have to sign up to the newsletter by entering your email.
ECX Exchange In Conclusion
This is one of the newest companies that can help you trade tokens or invest into the ICO with. And they are currently preparing for the next phase of the ICO. If you want to learn more about the platform – head to ECX and see if the company is right for you.