HeapX- In a Nutshell
During the past 6 Months, many people asked me about what made HeapX different from other existing crypto exchanges.
So first thing first, HeapX is a product startup with the focus on fin-tech and crypto industry. One of our major product is HeapX Square, a crypto trading exchange platform. Besides Square, our others products are HeapX Dock, HeapX Prime Pay, and HeapX Hash.
Let me Start with HeapX Square, the Trading Exchange.
When it comes to HeapX square, our priority was to build a highly secure system without compromising on scalability and speed of the matching engine.
We will also be integrating features like fiat deposit/withdrawal and fiat to crypto to fiat trading to give more benefits and control to our users.
Alpha : An intelligent threat detection system developed by our in-house team, will ensure robust security of our platform and defunct any dubious activity. It will provide a firewall and monitoring system which is the first line of defense to secure HeapX and its products. We have designed Alpha by leveraging the power of machine learning and AI which will alert us by detecting threats and eliminating them.
We understand that trading volume manipulation is a significant problem faced by the existing industry. To alleviate this issue, we are planning to implement a transparent order book with the help of blockchain.
HeapX Dock, developed as Software as a Service (SaaS) based distribution model, is another integral product of the HeapX family. It is designed and developed exclusively for the institutional trading houses making it simpler for them to manage a team of people from managers to professional traders. With Dock, the companies can efficiently allocate and manage funds with ease.
The crypto asset pool for both HeapX Square and Dock will be the same, ensuring healthy liquidity in HeapX ecosystem.
The Global order book that we are planning to implement will be achieved by partnering with other exchanges. It will help to increase the liquidity pool for HeapX and also for external exchanges.
Another important goal in our bucket list is to implement the algorithmic trading functionality and to acquire a license for Exchange Traded Fund or ETF functionality for crypto.
Now let’s talk about HeapX Prime Pay, our crypto payment platform for both buyers and sellers.
Prime Pay will facilitate users to send or receive cryptos from family or friends, or pay for their shopping using multiple cryptos. All transactions can be initiated using an email address, or phone number, or a QR Code.
Prime Pay will provide merchants with a payment gateway that can be easily integrated into checkout flow or added as a payment option on their e-commerce platform allowing them to receive cryptos from all around the world. We have also planned to help solopreneurs to sell their creatives and accept payments in cryptos using our platform.
To assure users peace of mind, we are using two-step verification and Google Authenticator for more protection on all accounts. Also, our wallets and private keys are stored using AES-256 encryption, and we have used the multi-signature protocol in both cold and hot wallets as an additional layer of protection.
Finally, HeapX Hash is a blockchain transaction as a service which will connect web or mobile application to blockchain events. With Hash, we will help users to track payments or smart contracts events leveraging an efficient push event notification mechanism to their preferred channels and custom web-hook.
Our team at HeapX strives on building the infrastructure and services to make cryptocurrencies more accessible to the mainstream users. With our products, we aim to resolve current complexities and support the long-term stability of the cryptocurrency ecosystem.
