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The crypto market entered 2018 on the wrong foot. In early January, Bitcoin lost nearly half of its value from December 2017, triggering a scandalous meltdown from $1 trillion to $350 billion. The China ban together with new regulations linked to crypto exchanges in India and South Korea shook the market at a global scale.
The process of accessing cryptocurrency assets varies from country to country. In the absence of standard rules and regulations to ensure control, many governments and official institutions pose challenges to potential users interested in trading cryptocurrency. The main issues that seem to threaten the market are are related to liquidity volumes, since new users don’t want to experience unexpected drops.
A scalable, hybrid solution for exchanging cryptocurrency
Decentralized hybrid crypto exchange Stoxum enters the market with a unique concept centered on an aggregated liquidity pool, where all token holders are owners of the exchange and entitled to receive income. The project is looking to attract users on the platform by combining a series of benefits from both centralized and decentralized exchanges, including:
- Unique operating system that is 100 percent secured via decentralized nodes
- Complete operational transparency where token holders can download reports on all transactions performed on the Stoxum platform
- Five all-star cryptocurrencies available for trading: BTC, ETH, XPR, BTH, LTC.
- Unique voting system where users decide what new coins to add on the Stoxum platform.
- Dividends where token holders get 100 percent of Stoxum’s revenue based on the amount of tokens they hold
- Unique white label feature where users can launch their own, fully customizable exchange brand and independently legalize it on any market
White label solution for businesses
Cryptocurrency exchanges have been around for several years now, and the trend has been compelling business people to start their own crypto exchange. To many, a white label solution might seem like the best approach because it rebrands a ready-made exchange website with their name, unique features, and design to make it appealing to others.
The problem is that developing a cryptocurrency exchange platform is a very demanding process that comes with huge expenses. White label subscription packages currently available range from $16,000 to $120,000 per year. The Stoxum ecosystem is different; it makes “out of the box” orders leveraging a single liquidity pool.
One of the main advantages of the Stoxum white label solution is the possiblity for users to choose the coins and pairs traded. Following this step, they’ll be able to set up their own trading fees and connect their own currencies (e.g. fiat money). With allocation percentages between 60 and 80 percent, all Stoxum users will receive detailed reports on all performed transactions.
In terms of plans for future development, Stoxum aims at launching ready-made trading bots with a selection of trading algorithms and flexible settings for bot parameters. The project’s utility token will be STM and its main benefit is the divided system which awards token holders a 100 percent share distribution of its profits and entire ecosystem, including websites created through the Stoxum white label solution.
The Stoxum closed pre-sale was a success. The project raised a total amount of $519,233, and is preparing to enter the public pre-sale phase, on May 10. Participants will benefit from progressively declining bonuses between 3 and 30 percent based on the purchase stage and volume amount invested. STM tokens are priced at 0.00002 BTC.