FIATO

Fiato is a reliable digital platform that enables faster P2P cryptocurrency transactions. It enhances easy sending and receiving of crypto at any time in any place.

Besides being instant, it processes transactions with zero gas. The platform also converts crypto into fiat in a matter of seconds and payments are made in both crypto and fiat.

Kryptono Exchange

This is a new world-class crypto exchange, which is part of the FIATO avenue. The platform focuses on security and protection of the user’s assets. It also allows the user to buy and sell crypto with fiat via a peer-to-peer network.

The team behind the project strongly believes that speed and spontaneous user graphical interface, security measures to protect user’s asset, transparency of the accounting system, organized and responsive customer service, and price manipulation of ill-liquid cryptos will benefit crypto experience.

Platform Components

XPAD Guidelines

XPAD is a platform for projects on which the crypto community can launch their IEOs (Initial Exchange Offerings) and for users to take part in IEO events organized by such projects.

Anyone is eligible to use XPAD as long as it is KYC-approved account user on Kryptono Exchange. Interested non-members need to sign up on Kryptono and first apply for KYC approval. Further guidelines are available on their official website here: https://kryptono.zendesk.com/.

Trading Simulator

This is a demo exchange with an easy-to-use interface. The interface is created only on Kryptono Exchange for users to trade in practice without incurring losses of cryptocurrencies. Its main aim is to enable traders who are interested in cryptocurrencies to gain trading experience, while reducing trading risks.

Users don’t have to make any cryptocurrency deposit the first time. Traders have the privilege to join in Trading Simulator contests with prizes. This enables them to get real rewards from Kryptono Exchange. More information is available on their official website: https://kryptono.zendesk.com/.

Hyperquant (HQT)

HQT is a revolutionary multi-tier fintech platform. It is dedicated to the creation of highly effective decentralized financial services. The platform has brought a new dawn for the developers of algorithmic trading software.

It provides them with all-round quantitative framework enhanced by a forefront risk management Al. It is also enhanced by blockchain technologies that ensure the stability and the reliability of the system

Cryptocurrencies Supported

TrueUSD (TUSD)

TUSD is a USD-backed ERC20 stablecoin that is fully collateralized, legally protected, and transparently verified by third-party evidences. It uses multiple escrow accounts. This reduces counterparty risk and provides token-holders with legal protection against embezzlement.

Other cryptocurrencies used include SCANETCHAIN, RIPPLE, EOS, Tether, Stallar, LoyalCoin, PIBBLE, Digix Gold Token, NPXSXEM, MediBlock, Pundi, and Proximax.

KYC

Know Your Customer (KYC) is the process of identifying and verifying the identity of a client to facilitate the platform’s system compliance with Anti-Money Laundering laws (AML) and to secure the platforms system from accidentally facilitating criminal activities. More information on KYC is available on their website.

KNOW

It is a token used in the payment of transaction fees on the kryptono exchange. ETH and BTC are also used, but they have a discount rate.

As at June 1, 2018, the initial price of 1 KNOW token was $0.10. The token will be traded on the exchange and the price will depend on the market price.

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