GoldbergsXchange: Honest Cryptocurrency Trading Platform?
What Is GoldbergsXchange?
GoldbergsXchange is an elite, invite-only exchange platform that retains the final, say on who can be member of the platform as well as transfers, exchanges, deposits and withdrawals that can be undertaken on the platform, which is one of the factors that distinguish GoldbergsXchange from other cryptocurrency exchanges in the market.
The belief that cryptocurrencies and blockchain technology possess innovative power is the key driving force of the GoldbergsXchange platform. The platform aims at becoming part of the crypto revolution by providing both beginner and experienced traders with access to digital assets in a safe and trustworthy manner.
Since GoldbergsXchange boasts in being an elite platform, it only deals with the top 20 cryptocurrencies worldwide, which is accessible by its elite group of cryptocurrency buyers, sellers, and traders. The cryptocurrencies listed on GoldbergsXchange utilize a Proof of Use protocol, meaning that they can be used to purchase goods and services on a day-to-day basis. Traders can buy, sell, or trade any of the 20 cryptocurrencies for other cryptocurrencies or for other currencies.
How GoldbergsXchange Cryptocurrency Trading Platform Works
Signup on the GoldbergsXchange is available for everyone; however, since it is elite and invite-only exchange, all the other exchange functions will remain inaccessible until the admin of the platform determines whether they will approve or reject the membership application. In cases where the membership application is rejected by the admin, all the deposited funds will be refunded back to the user.
GoldbergsXchange utilizes a maker-taker model whereby the maker is a trader who has order in the order before the trade takes places and the maker is the trader who places an order that matches the marker’s order. This ensures that the exchange platform is always liquid by rewarding the makers with fee discounts for creating liquidity. Additionally, the rewards act as incentives for makers, which increases competition and creates a fairer market.
Users can withdraw their cryptocurrencies from their GoldbergsXchange wallet. All withdrawals will attract a flat fee, which will cover the transaction fee on the network. The fees are charged on a per trader basis; therefore, the more trades undertaken, the lower the fees charged on the trades. Users can monitor their deposits and withdrawals fees on the Deposit and Withdrawal page once they login into their account.
The GoldbergsXchange platform contains a team of experienced cryptocurrency traders from all around the world who came together with the aim of creating the world’s largest exchange platform. Therefore, users have the guarantee that any investments they make or any trade they make on the platform will be profitable.
Proof Of Use
Since all the coins listed on GoldbergsXchange are those confirmed to have a proof of use, traders on GoldbergsXchange will have the opportunity to use their cryptocurrency to purchase actual products and services in the market or even use their cryptocurrencies to pay for their day-to-day transactions. This ensures that users will always have value in their cryptocurrency investments.
High Liquidity Of The Markets
The maker-taker model ensures the GoldbergsXchange has high liquidity in its markets. This is possible since makers create the liquidity in the market and the takers remove this liquidity by matching the orders made by the makers.