Fintech stands for financial technology

Fintech stands for financial technology. Based on the National Digital Research Center (NDRC) defines it as a term that can be used to refer to innovation in the field of financial or financial services. The innovation in question is financial innovation given a touch of modern technology.

Simply put, fintech is a type of company in the financial services sector that is combined with technology. It can also be interpreted as a segment in the startup world that helps to maximize the use of technology to sharpen, change, and accelerate various aspects of financial services.

So, starting from payment methods, fund transfers, loans, fundraising, to asset management can be done quickly and briefly thanks to the use of modern technology.

So do not be surprised if then financial technology becomes a necessity that can change a person's lifestyle, especially those who are familiar or struggling in finance and technology.

Exchase is an innovative fintech services ecosystem, which includes trading platforms (forex and crypto exchanges), payment systems and instant payment services, social trading (PAMM accounts), exchangers, including decentralized exchanges (DEX) and binary options trading services.

In the near future, the platform will have a number of new crypto services, including staking, custody, cryptocurrency hedge fund functions, as well as a functional extension of social trading to a complete social network for traders.

Also, sometime in Q2-Q3 2021, Exchase account holders will receive a personalized branded debit card with a credit limit, which can be used to pay for goods and services in crypto and fiat at relatively favorable prices.

Using our unique high-tech solutions, we have combined into one platform many popular services provided by several players in the crypto market and the classic fintech market.

Market Issues

Based on an analysis of current proposals, we can present a common list of common problems. Inadequate level of security. Due to frequent hacks, users are afraid to store their funds on the exchange. Therefore, our team with their cybersecurity department has put in a big effort and carried out a lot of testing which can guarantee almost 100% protection against hacking. The number of tools is insufficient for technical analysis. The best option for successful trading is preparation. However, most exchanges do not provide users with the opportunity to perform detailed technical analysis of a particular currency. This stops both novice and experienced traders.

Lack of training material. Nobody comes into the industry as cool specialists. Quality tutorials are a great solution for any platform. The main goal of all market players is to make a profit, therefore the availability of basic materials that will teach you how to trade, analyze charts and explain common mistakes is an essential component of any trading platform. Small set of coins. Surprisingly, at present, most exchanges do not solve this important issue. The crypto-to-crypto and fiat-to-crypto pairs are practically the same on every platform. This is a significant disadvantage as it does not make the market unique and more attractive.

Very complicated verification procedure. KYC procedures should not be too simple to protect against fraud, but not too complicated to simplify users' work with resources. Not all exchanges have managed to find a middle ground on this issue. Complex user interface and limited language. An unpleasant situation when you come to a new platform and find a Chinese localization there. Yet another important issue is the large number of unintelligible graphs, tables, buttons, interfaces, and untraceable user behavior logic on the site.

Our solution

Based on current market problems, our trading platform will have the following set of solutions:

About 2 million transactions per second: The most important part of any exchange is its speed. The core of the trading system is capable of processing around 2,000,000 requests per second. According to the team of analysts, this figure is optimal for ensuring high transaction processing speeds without the need to deploy additional capacity that would be idle.
Futures: It should be noted that the cryptocurrency market saw a huge increase not only in trading volume but also in the introduction of tools familiar to ordinary traders for making profits. Our platform will support trading futures contracts. This solution provides more opportunities to make money and attracts a large audience of traders to the platform.
Spot trading: In addition to futures trading, spot trading will be added. This type of trading is the most popular and familiar to the trading audience, as well as the most reliable, fast and simple.
Margin trading: Trading on margin is a requirement for any modern exchange looking to compete with big players. Therefore, we consider it mandatory to add this type of trading to our platform.
Anonymous instant exchange: It should not be forgotten that cryptocurrencies were created to provide greater anonymity. Any trader who wants to make an instant anonymous exchange can do this using our service
Decentralized exchanges: Not everyone trusts exchanges, which means it is necessary to provide the opportunity to create a decentralized exchange for those who are very concerned about the safety of their funds.

Currently, we have created the basic functionality which will be implemented on the platform gradually. It is also planned to add other functions that can solve current market and trader problems.

The Uniqueness of the Exchase Project

Legal services: Exchase OÜ intends to carry out its activities in full compliance with applicable laws and regulations, and obtain the necessary licenses and permits to carry out legal activities.
Secure asset storage: A dedicated place in the project is given for the security of platform users' personal funds and data. The project developer uses modern encryption and protection methods against theft of assets from user wallets.
Finished products that work: We have launched a cryptocurrency exchange based on the B-book model. The A-Book model, social trading, P2P, and OTC transactions are in the final stages of development and testing. New product launches are planned in 2021.
Integrated ecosystem: This platform combines a cryptocurrency exchange, a wallet for storing crypto assets, binary options, social trading, and a money transfer system. All of this is available using one account.
Modern development stacks: Our team consists of young and ambitious developers. The platform is written in .NET Core 3.1 and React. Native mobile app for iOS (Swift) and Android (Java).
EXSE Tokens: EXSE tokens from the Exchase platform are limited to an issue of 200 million coins. There will be no additional token issuance. Tokens generated by the platform when users use them to reduce costs will be burned.

To achieve this goal, Exchase:

Launched a cryptocurrency exchange in November.
In January 2021, the company will acquire a cryptocurrency license, open its bank accounts and link them to liquidity providers.
In March and April, the company will deploy Android versions to Google and iOS to the App store, respectively to facilitate native mobile apps.

The platform will then combine margin trading in April, binary options in May, crypto lending in June, social trading in July, and crypto wallets in August.

Token Sale Information:

Exchase will release its ERC-20 token, Exchase (EXSE), with a total supply of 200,000,000 EXSE. It will sell 1000 000 EXSE at 0.0004 ETH, with a minimum contribution of 0.02 ETH.

An acceptable currency is ETH via Ethereum smart contracts. The token presale will start at 15.12.2020 12.00 UTC and end at 25.12.2020 12.00 UTC.

Buy EXSE Tokens Through Smart Contracts

To buy EXSE tokens, you need to transfer ETH from your personal wallet to the smart contract address: 0x075e78a1569Cae4e591c049E72eE581Ea4e1c639

The minimum amount of tokens to buy is 50 EXSE. After completing the transaction and confirming it on the network, the user receives an EXSE token to his personal wallet.

Limitation

Send ETH only from personal wallets MyEtherWallet, Metamask, Ledger, Trust, etc.) DO NOT SEND FUNDS

FROM EXCHANGE AND SMART CONTRACTS!

Name: EXSE token
Standard: ERC20
Symbol: EXSE
For sale: 1,000,000 EXSE

Roadmap:

November 2020: A B-book based cryptocurrency exchange launched.
January 2021: Obtained a license to work with virtual assets.
January 2021: Opens a bank account for Exchase
January 2021: Connect liquidity providers as part of the implementation of the A-Book model.
March 2021: Implementation of the Android version on Google PlayMarket.
April 2021: Implementing iOS version in AppStore
April 2021: Margin trading.
May 2021: Binary Options.
June 2021: Crypto Lending.
July 2021: Social Trading
August 2021: Crypto Wallet