Statistics show that more than 90% of the exchange projects that had collected assets did not launch their intended product into the market. Those that did, the product proved to be inefficient. Additionally, issues to do with scalability and hang time during peak load times characterize most existing exchanges. Low protection from cyber-attacks and legal issues due to new regulations put up in different countries are other challenges facing existing exchanges.
What Is Telluria?
Telluria is an exchange system that was developed to solve these issues. The exchange provides its users with both high speed and reliable trading. The technical solutions are provided based on load distribution and algorithms of balancing. The multi-factor authorization and in-built algorithms of protection ensures the safety of the user’s data and assets.
Telluria Cryptocurrency Trading Marketplace Advantages
The platform’s other benefits are characterized by:
Telluria is one of the lowest trading platforms in terms of commissions. The interest rate charged on commission for each transaction will be only 0.15%.
Fast Input And Output Of Assets
Users in more than 30 countries around the globe can use the Telluria payment system. One can use it for bank transfers, electronic payment systems among other platforms.
A Wide Collection Of Crypto Assets
The platform has more than 500 cryptocurrencies both the old and popular ones and the new and not so popular digital coins. Users have the chance of exchanging any liquid cryptocurrency pairs.
Users of the platform have a chance to earn extra income after transacting and referring others to the platform. For every user invited who gets to use the program the person who referred him or her will earn 20% from the commissions for their transactions.
The platform performs at high speed in terms of request and payments processing. This is because of the expanded infrastructure that has low latency accomplishments warrants on the best price.
98% of the crypto assets use the cold means of storage. The current transactions on the platform use the assets whose size is limited by the daily needs of trading. The safety of the user’s data and assets is guaranteed due to the use of the multifactor authorization and in-built algorithms. All potential threats that can result in the embezzlement of funds and information are well taken care of.
The developers have plans to support the appearing forks and new tokens in the quantity and in accordance with fork rules.
The platform is registered within the Austria jurisdiction. Austria is a nation where people are loyal and have a positive attitude towards crypto assets. The regulation in place is also user-friendly and the platform enjoys a high level of confidence from the traders.
Compliance With KYC/AML Requirements
The platform is operated in compliance with international AML and KYC requirements. Thus, as a trader, you can be sure you will be dealing with a legit platform. The exchange also allows the output of assets up to 2 BTC for every 24 hours without the need for document verification.
Telluria TELA Token ICO Details
The Telluria platform has released its TELA tokens. The tokens are based on the Ethereum blockchain technology on the ERC20 block. The total tokens available are 300 million and 150 million are available for sale during the ICO. The ICO will be implemented in 8 weeks from 7th May 2018 to 2nd July 2018.