N.exchange is a cryptocurrency exchange service built by a group of multidisciplinary cryptocurrency professionals from different nations. The main aim of building the service is to provide a fast and reliable exchange when it comes to crypto market.
Transparency is a key factor in the platform, as every transaction can be viewed through the platform's Application Programming Interface (API) including order lists and coin reserves. Core values of the platform include total transparency, making cryptocurrency accessible to everyone, and a determination to create an open source.
The platform allows users to exchange cryptocurrency for another. There are no hidden fees incurred in the platform. The service fee is 0.5% for exchanges. The transaction and processing of the exchange takes a couple of minutes for a user to get his coins in the currency they desired. Time taken for a transaction to be completed is dependent on the currencies that users select and each of their blockchain.
N.exchange enhances the privacy and security of its users. The platform does not collect the user's private information since the whole transaction process is anonymous. The cryptocurrency exchange is done through the users two wallets; the wallet one uses to send the funds referred to as the spending wallet and the wallet for receiving the exchanged funds called the receiving wallet. The user is in charge of the security of his wallet balance once the transaction is complete. Each order made has a unique identification making it easier for users to track their transactions at any time.
How Does It Work?
The exchange process works in such a way that the users enter the amount they desire to exchange and select the currency they wish to spend and the one they want to buy. The user then inputs the destination address in form of a wallet they want their exchanged coins to be sent to. The order processing starts once the user’s coins are received on the platform. The user then receives the coins in the currency they wanted on their receiving wallets.
The platform has a referral program where users get their own referral codes once they have generated an order on the platform. They can send the code to friends to invite them to use the platform. The referral conditions that the platform has are:
- Half of the platform's revenue is paid to the affiliates. Second degree affiliates get a quarter of the revenues and the third degree ones get an eighth.
- Referral payouts are given to users if the funds in their accounts reach the threshold amount, which is ten times the minimal order.
- Users will receive their referral funds on the addresses they gave during their orders.
Transparency: The exchange process is completely open and users can easily track and trace the orders that they have made through their private and unique identifications.
Security: The transaction process is anonymous and the private information of the users is protected and is not known not unless they disclose it themselves.
Fast and reliable: The platform's exchange process is fast. It only takes up a few minutes for the exchange to be made depending on the blockchain used in every currency.