X-Hive Cryptocurrency Exchange: Safe Bitcoin Trading Platform to Try?
X-Hive is a decentralized cryptocurrency exchange featuring an original consensus that provides its users with access to a wide variety of cryptocurrency pairs in a secure trading environment.
Additionally, by being a hybrid exchange, the X-Hive exchange platform will solve the major problems facing decentralized exchanges in regards to speed, scalability, and support issues through some of the features of centralized exchanges in order to make transaction fast and secure.
The new generation exchange platform is built on the Bexam network that is specifically designed for high frequency transactions and can handle over 40 million transactions per second. X-Hive implements Bexam’s new consensus-building algorithm Proof of Rounds (PoR).
This algorithm combines a flexible chain structure with node hierarchy to solve shortcomings of existing protocols while providing the blockchain industry with fairness, stability, and anti-counterfeit measures.
Besides, PoR can optimize processes, construct a unique network, and approve transactions thus creating a fast and safe network structure.
How does X-Hive work?
To begin trading on the platform, users are required to create an account by providing their email address and password. They also have to verify the email address and complete the KYC process. After the registration process, users will be provided with two modes that they can trade with; basic mode and advanced mode.
The basic mode is suitable for users that prefer easy and instant trading. This mode is accessible via a wallet application and after downloading the wallet, users can immediately begin buying and selling or withdrawing cryptocurrencies after they have made their first deposit to the account.
The advanced mode is accessible through a web browser and is customized to suit professional traders that prefer to carry out review and analysis of trading volume or charts. However, will using the advanced mode, users are required to ensure that the wallet application is also running.
Apart from basic function of buy, selling, deposit or withdrawing cryptocurrencies, with the advanced mode traders can also analyze or switch pairs and review or cancel orders.
Why trade on X-Hive?
Multiple trading pairs
X-Hive enables all users on the platform to pair and trade cryptocurrencies on any different blockchain. At the time of writing, the platform supports exchange of Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.
In the future, more pairs will be included, which will make X-Hive the cryptocurrency exchange with the most trading pairs.
High quality customer support
X-Hive has a customer support team available 24/7 to help users with any issues they might have while using the platform regardless of their geographical location; this is because the platform offers multi-lingual assistance in English, Japanese, or Chinese.
X-Hive is integrated with multi-layered security protocols that protect users from internal or external cyber-attacks that might result in users losing their funds or personal information.
The block generation time on the X-Hive decentralized exchange is 0.2 seconds, which means that the platform can carry out 40 million transactions per second making X-Hive the fastest cryptocurrency exchange platform in the world.
X-Hive combines the features of both decentralized and centralized exchanges whereby users manage and control their assets just like in decentralized exchanges.
It also provides high-quality support to the users, similar to what happens in traditional centralized exchanges.