xCrypt Ecosystem: Redefining Crypto Exchange Trading

XCrypt Ecosystem is a pioneer crypto exchange based on ist exchange: hybrid in nature, compliant with securities, and mindful of the erc721’s future. The ecosystem has an innovative but simple interface. We acknowledge that the future holds diverse changes in the crypto world, the trading sector, and the perception of digital currencies. This is why the XCrypt team prioritised the listing of security tokens, creation of a suitable and strategic marketplace for the erc721, and the execution of advanced dynamics regarding Initial Coin Offerings (ICOs).

The above measures were put in place to reward the XCrypt community with 0% transaction charges, connect them with other crypto enthusiasts through its social media platform, and compensate the XCT token holders with airdrops through a ranking approach.

The XCrypt ecosystem uses the XCT utility token to fuel its processes. Apart from supporting the top 100 cryptocurrencies, XCrypt ecosystem also supports assets like security tokens, fiat currency, erc20, and erc721 standards.

Why XCrypt Ecosystem was Conceived

Currently, there are over 220 crypto exchanges, each offering its terms and conditions coupled with various tools for service provision. However, no matter how appealing they are, each of them has some shortcomings, like low security, high transaction charges, inadequate liquidity, and support services. XCrypt is your one-stop exchange that solves all these problems and creates a stiff competition for the other exchanges.

The current crypto exchanges are purely engaged in the erc20 and digital currencies, without any considerations for the system’s evolution. We are the first and only exchange to have laid out a proper marketplace for the future of erc721.

The XCT Token

XCrypt Ecosystem token “XCT” is a utility token that is erc20 standard. The token is applicable across the ecosystem and has many functions for users and partners.

• XCrypt rewards XCT token holders through an airdrop ranking policy.
• XCT tokens are used to acquire prime membership.
• The token is used in participating at partner ICOs’ RCs with huge bonuses proposed within the XCrypt network.
• The token is used to pay for XCrypt exchange’s DEX system charges.
• The XCT token is required to pay the crypto debit card charges.
• Lastly, the token is used to buy the PRO membership for its social networks.

Token Details

Token Name: xCrypt Token

Token Symbol: XCT

Token Type: erc20

Token Function: Utility Token

Total Supply: 200,000,000

The Reward System

As mentioned earlier, XCrypt has an amazing reward system that ensures its users receive a rational and equitable share of the exchange profits. The system ensures every XCT holder earns some benefits on their assets, and thus as highlighted in the whitepaper, a system was created for giving benefits to our holders, improving to the whole ecosystem in general, bringing revenues to our exchange and adding value to our community and our token holders.

The XCrypt exchange holds a modality program known as the Reservation Contract during the pre-listing stage of any project/ICO carried out in the ecosystem. The contract ensures XCrypt users are fairly compensated based on the network rank, and it undergoes various processes before any airdrop distribution is done.

The airdrop ranking system is obtained based on this algorithm X = (A + B +C) * Z where;

X stands for the general rank

A stands for the type of XCT holder a user is

B stands for the user’s account type (Prime, Gold, or Silver)

C stands for the ICO bonus being distributed and,

Z is the Bitcoin value traded during that period.

If you need more information about the airdrop ranking system, check pages 25 to 27 of our whitepaper.

Factors behind the Bullish Trend of XCT

a) The XCT token is supported by a platform that contains diverse exchange tools.

Unlike other crypto exchanges, the XCrypt exchange supports digital currencies, token exchange, and revolutionary crypto debit cards.

b) A hybrid ecosystem supports the XCT token.

A combination of both central Stock Exchanges (CEX) & Decentralized Stock Exchanges (DeX) has numerous benefits for the XCT holders. The major problem of centralized stock markets is the vulnerability issue. Users are required to provide their details- including their private keys, and yet their digital assets are still under the control of stock exchange authorities. Contrary, CEX offer their users with faster trading speeds and liquidity. For our case, the issue of liquidity is abolished in the stock markets which draw institutional investors.

Still, centralized stock markets which control users’ assets are susceptible to cyber-attacks and state interferences. For instance, when the Chinese government interfered with Bitcoin, it froze BTC withdrawals on the two biggest centralized stock exchanges of China. On the other hand, decentralized exchanges like Binance and Bitfinex were able to transfer millions of dollars of cryptocurrencies. In other terms, decentralized exchanges bring benefits like total control of private keys and anonymity. Users’ digital assets are in their wallets; hence, it is minimally affected by cyber-attacks.

Nevertheless, because various hands collect all cryptocurrencies, the liquidity issue is high, scaring institutional investors away. Besides, users are accountable for all clearing transactions on DeX, making beginners fear to make mistakes.

XCrypt ecosystem has addressed the problems of speed and liquidity while still offering a lasting solution to the issue of personal security. Users that want to remain anonymous can opt for the decentralized platform. The hybrid nature of XCrypt exchange will attract many crypto investors and traders, and eventually drive the price of XCT upwards.

c) The XCrypt Ecosystem reignites the crypto space.

The crypto market capitalization is growing yearly as mass adoption deepens, and more corporate investors start embracing cryptocurrencies. It is common knowledge that cryptocurrencies printed in currencies like dollars bear the erc20 standard.

Institutional investors love less investment assets (stable coins). Stable coins require the creation of a unique value, such as a token representing a real estate project or one that is signifying the title deed of a land. The famous cryptokitty bears the erc721 standard that symbolizes objects like unique cats.

Investors of classical stock exchanges pose similar demands in cryptocurrency markets. Lately, capital has been flowing into people’s lives, creating a high interest in trading platforms. The question that you should ask yourself is, what presence does your favourite trading exchange support?

In response to the above question, the XCrypt team developed a network where these three types of beings are traded, and the XCT token is used to fuel all the processes of the ecosystem.

d) The XCT Airdrop system.

To achieve a high liquidity, asset owners must be kept active in an ecosystem. At XCrypt, we acknowledge the above fact, and this is the reason why we came up with the XCT airdrop program. XCT investors who do not leave the network are rewarded with airdrop awards.

e) High-frequency trading server.

The XCrypt ecosystem has a super-frequency trading platform for investment. Financial institutions will offer subscription services for mutual investments. Our limitless API provides a wide range of professional trading services, like free leverage and better trading algorithms.

f) Social media platform.

We plan to unveil many seminars and courses about cryptocurrency trading. These crypto seminars and courses will act as a blockchain learning institution.

Conclusion

The XCrypt ecosystem stands out from other crypto exchanges with its multi-layered design. The XCrypt developers studied Binance, the biggest exchange in terms of market capitalization, and realized the need to build a hybrid ecosystem. Through our diverse standards, crypto STO, erc20, erc721, and security tokens will be supported on our network. A diversity of membership services, provision of professional help, a social media learning platform, and creation of airdrops for token investors will soon skyrocket the price of the native token of XCrypt ecosystem. The XCT token has been listed on Latoken and Idex.market exchanges. Visit any of them today and invest your money in a token with a real potential!