Palitanx: Cryptocurrency Exchange With Trading Community?
The community that gave the world Civitas has partnered with other developers to create Palitanx. The exchange first went through a testing phase for a few weeks to confirm that it would work. This exchange is now open to anyone who wants to trade crypto.
What Drove The Creation Of Palitanx
A major drive to create this exchange was to deal with the issue of lax safety on some crypto exchanges. This exchange is community–based, and support issues are handled in an expedited manner. If you use the support features on other exchanges, replies are slow and unsatisfactory; you will definitely love this exchange.
The exchange’s launch was a major step forward for the Civitas Coin. At the time of launch, the coin was only four months old. However, it was already showing a lot of potential. The number of masternodes continues to grow. More people are discovering Civitas, despite the stifling of crypto ads by most major internet platforms. With the launch of the Palitanx exchange, this coin got a real use case.
Palitanx Cryptocurrency Exchange With Trading Community Features
The exchange will utilize Civitas in much the same way that the Binance coin is utilized on the Binance exchange. If a user holds at least 10 Civitas coins in their wallet, the transaction fee is halved.
Right now, the transaction fee on the exchange is 0.25%. This fee falls into the normal range of fees. With just a handful of Civitas, the transaction fee is 0.125%. For the day traders, every percent point matters.
Another major feature found on the exchange is Coin Voting. The community is able to pick which cryptocoin they would like to see listed. This is a great feature, which shows that the exchange is truly people-driven.
Crypto is still a small industry. A lot of growth that has occurred in the past 9 years has been due to word of mouth. It would be harder to promote something if you did not feel like your input was valued. This is a small but important feature on this exchange.
Another great feature is the chat feature called Troll Box. This fun feature lets you have an open chat with the community members. This is just the start. In the future, they plan to add more features and improve the user experience. With time, more pairs will be added to the exchange.
One of the things that drive this exchange is the community behind the Civitas coin. A community is essential in the long-term health of any crypto project. It allows investors to come together for a common goal.
They Are Creating Synergy
The Palitanx community and the Civitas community are coming together to create synergy. This will ensure that they positively support each other. As a result, they will come up with more value for all involved. With time, this will ensure that community members, current, and future ones, get real value. This is not just another exchange; it might be the future of how exchanges are governed.