The SynchroBit™ Hybrid Exchange is a cutting-edge exchange platform that will launch in early January of 2020. SynchroBit™has multiple solutions to the problems which current exchange platforms face today. The many functionalities of the SynchroBit™ exchange allow greater usability on a single platform. You’ll see the reasons why SynchroBit™ will easily outperform other competitors.
Please Note: This is a Press Release
Blockchain technology has brought a number of remarkable advances in virtually every sphere of life and business. The crypto space is no exception; as a lot of projects have seen the revolutionary approaches of this huge technology called “Blockchain”.
‘Cryptocurrency Exchanges’ are one sector that are witnessing tremendous growth from the inception of blockchain technology. This can clearly be seen from the continual improvements to existing exchanges, and the addition of more and more newly developed exchanges. However, despite all of this, the current exchanges still have many obstacles which have greatly inhibited their existence and use cases.
There are a few key issues that exchanges face today:
- Security issues
- Lack of transparency and trust
- Low volume and liquidity etc.
These are some of the major issues confronting exchanges today, and issues that SynchroBit™ Hybrid Exchange seeks to address.
What is SynchroBit™ Hybrid Exchange?
The SynchroBit™ Hybrid Exchange is a blockchain-based project which has been launched to tackle the redundancies within the exchange system. Some of the problems addressed by the SynchroBit™ Hybrid Exchange include:
- An easier more accessible trading system
- A new blockchain fabric supporting faster trades
- Smarter trades with new features and usability
- Cheaper trades with reduced fees
- A secured trading ecosystem with better functionality
USE CASES OF SYNCHROBIT™ HYBRID EXCHANGE!
- SynchroBit™ plans to integrate both crypto and fiat trading in one platform so that exchange users will be able to trade a variety of cryptocurrency assets on the platform using their crypto or fiat currencies. This is an aspect which many exchange platforms lack.However, with SynchroBit™, you’d have access to both crypto and fiat trading.
- The SynchroBitcoin (SNB) is the native token of the platform and will confer zero trading fees for their traders. Users will have the liberty of trading SNB tokens at zero fees on the platform.
- Transparency and Trust were another big factor that was considered when creating the SynchroBit™ exchange. Based on blockchain technology, the SynchroBit™ exchange is a fully transparent and trusted platform providing users with transaction verifiability needed from an exchange platform.
- Security is a major concern for everyone. SynchroBit™ exchange has cutting-edge security standards to alleviate concerns over trading on the platform. With SynchroBit™, your funds are safe and secure.
- Diversity and Simplicity is yet another key concern, and also a feature which the exchange has prioritized. The SNB token will serve as the major cryptocurrency on the platform, and will be integrated as a major cryptocurrency with other SYNCHRONIUM® owned and partnered platforms.
- The SNB token will also be listed by major cryptocurrency exchanges such as Alterdice, CoinMix, CatEx, IXX, Crex24, Mercatox, Coinsbit, Livecoin, CoinLim, and even more exchange partners to be announced soon.
The SNB token will be the major cryptocurrency of the SynchroBit™ Hybrid Exchange. And there are endless benefits attached to holding the SNB token. Holders of the SNB token will have access to a zero trading fee on the platform. Also, holders of SNB will be able to trade them for other cryptocurrencies on the platform. The SynchroBit™ exchange provides you with the option to trade both fiat currencies and cryptocurrencies on the platform. You may also choose to trade either of these currencies. It all boils down to choices.
The SynchroBit™ Hybrid Exchange is the first-ever hybrid digital assets trading platform for trading all kinds of cryptocurrencies. Soon, SynchroBit exchange users will also be able to trade energy, precious metals, commodities, etc. using fiat and major cryptocurrencies with innovative solutions for both new members and professional traders, including binary trading, options, margin trading, futures, and much more!