Tuesday, October 16, 2018

TOPEX cryptocurrency exchange






As well as other sector, the world of crypto-currencies has difficulties that slows down its development among users without technical knowledge. One of such problems is the lack of a trustworthy and reliable platform for crypto-currency exchange with minimization of  losses and with profit distribution between users.TOPEX.IO trading platform is a complex method that allows to simplify work on exchange, and minimize losses in case of unsuccessful trades. TOPEX.IO creates the necessary conditions for transparency, convenience and simplicity with minimal risks for traders. Fast and affordable crypto-currency deposit/withdrawals increases the likelihood of its introduction into everyday life by reducing the barriers to entering cryptology. With the TOPEX.IO trading  platform risks associated with trading are decreasing, allowing tradersto save finances in case of errors. In this document you will be acquainted with the features of the TOPEX.IO trading platform.


Over recent years, the volume of trade in the crypto-currency market has increased several times, at the same time the total market capitalization of crypto-active assets increases significantly every day. Bitcoin and Etherium represent a significant part of the overall market, but the cost of other crypto-assets is skyrocketing, along with their number. In the last year, market capitalization of Bitcoin has fallen to 43% and the market has many competitors able to take its place now. The exchange of the crypto-currency between themselves and for fiat currency is mainly carried out on centralized trading exchanges, where the general capitalization of a particular currency is determined.
There is a huge number of exchanges for the exchange of crypto-currencies today, they have their features and tools for trading, allowing you to multiply your investments massivey in the shortest time. One of the most popular exchanges at the moment is the Bitfinex exchange, with one of the largest volumes in the crypto currency trade, providing a huge number of services with a user-friendly interface, but it has strong limitations for new users. American exchange Poloniex is the largest exchange in terms of trading volume, with margin trading, rather low commission and high level of security, but does not exchange, as deposit and withdrawal, of fiat money. It is a barrier for investors when entering crypto-currencies market. British exchange Bitstamp was the first among all to receive a license for the exchange of crypto-currency, with the possibility of bank transfers, inferior to the interface, and complicated verification. The lack of the ability to solve customer’s problems quickly raises questions about the quality of the resource and management of most crypto exchanges. Drawing
a conclusion, we’ve come to the fact that each of the trading platforms has its drawbacks.Considering all the shortcomings of competitors, we are creating a completely new and unique trading platform, with a large number of financial and social tools that allow improving the quality of the currency trade.

TARGET USERS

Crypto-currencies and block-chain technologies are being covered in the media more and more since mid-2017. This significantly increased the number of people who have become potential investors in the crypto-currency. While entering the crypto-currency market, these people are afraid of new technologies, but their interest is too high. Our new trading platform with a unique economic model will reduce the entry barrier, which will attract potential users and bring new investment in crypto-market and the block-chain technology. Decentralization in block-chain technologies is an additional guarantor for attracting investments. Currently, the main volume of the crypto-currency exchange is carried out on centralized exchanges. Decentralized exchanges are complex for the ordinary user and can not yet meet the requirements of advanced users who are engaged in exchange trade professionally. TOPEX.IO will provide an opportunity to choose the development of the exchange for its investors by voting that is accessible to all holders of TPX tokens.
ECONOMIC MODEL

At the moment, crypto-currencies are considered as an attractive investment asset, characterized by high profitability. At the same time, as is known, the higher the profit, the higher the risks. In exchange trading investors face various risks, primarily a group of market risks associated with changes in the value of financial assets.Due to the relative novelty of the markets, crypto-currency is characterized by an increased volatility, which is rather a benefit for experienced traders, since it allows you to receive high profits in short periods of time. At the same time, for novice investors, high volatility acts as a kind of entrance barrier to crypto-currency market. TOPEX.IO economic model is aimed at reducing market risks in the trade of crypto currency and fiat currency, this approach helps to reduce the entrance barrier to crypto-currency market. The golden rule of investing is the following: invest as much as you are not afraid to lose, and you can be not afraid with TOPEX.IO! Deep analysis of the competitive environment, coupled with a systematic approach to reducing the uncertainty of trade in crypto currency, will allow us to create a new generation exchange. The idea of TOPEX.IO is based on a systematic approach to risk analysis. TOPEX.IO’s exchange model allows you to hedge volatility risks for traders through loss-compensation transactions.The economic model underlying Topex.io is aimed at reducing volatility risks.Website security solutions are aimed at reducing operational risks.Marketing campaign and successfully functioning TOPEX.IO website by its very existence will be attracting traders and investors. therefore reducing the risk of liquidity.The economic model of all exchanges is based on commissions for trading operations on them, since commission payments are the main and most significant source of their income.
There is an increasing number of crypto-exchanges, among them there are those that do not charge a commission for the implementation of operations of purchase and sale. The absence of a commission may indicate that these exchanges act as a supplement to the main type of commercial activities of their developers, for example, providing asset management services to their customers. Under that logic the main efforts are always focused on the type of activity that generates income and allows supporting support. There are also websites that do not plan to charge a commission in the first months after launch, gradually introducing and increasing the percentage of the fee for their participants. Such model carries some risks, since it complicates the construction of long-term trading strategies for traders, introducing additional uncertainty.TOPEX.IO is a new generation exchange. In addition to the distribution of profit between the token holders, our exchange deals with partial or full compensation of losses in the trading operations, the opening and closing of which was carried out within 24 hours.

Security

TOPEX.IO exchange not only offers a multifunctional financial instrument, but it is also one of the most secure exchanges, the security of which is based on a distributed method using neural networks.
When using services that store information about user accounts, wallets, etc. the most vulnerable part is information with passwords and keys from user wallets. When storing information on the server, even in an encrypted form, there is a risk of compromising information in favor of intruders. At the moment, there are technological solutions that can protect data and ensure its anonymity. We are planning to use multidimensional distributed technology of storing keys, passwords and personal data, used to work with the accounts of the exchange. Tables of hashes of keys and metadata are compiled. The hash tables are distributed to the servers as separate data segments. An encrypted tracker is used. Data segments stored on one server are not valuable, since they contain only a part of the information. When hacking even several servers, an attacker cannot get all the information keys, passwords and personal given user. Each time a user requests a data, our system creates a channel with end-to-end encryption to the tracker and that user can access the account. In the operation of the access system, in addition to requesting credentials, a deep neural network is used. The neural network uses additional information about the device, IP address, activities. The neural network recognizes the signature picture of the user and provides security, if the signature picture is different from the usual one, access to the account is blocked. This method is an additional guarantor for authentication.
Objectives

TOPEX.IO solves one of the most important problems it reduces risks and all kinds of barriers when entering the crypto currency market.The main purpose of the platform is to give an opportunity to everyone without exception, to invest in crypto-world, and try their trading opportunities without fear of major losses. All the functionality of the exchange is aimed at convenience and minimization of losses in trade. If you have a huge potential in trading with intuition and luck, then the TOPEX.IOplatform will provide a tool to unlock your possibilities that can not only make you rich, but allow you to help others to become rich too.

TPX TOKENS

Topex Token (TPX) is a 100% useful token that brings profit to its owners, thanks to the commission charged by the exchange, when making deals and distributing it among holders of TPX tokens. Daily dividends will be distributed among wallets of tokens holders in percentage of all tokens placed on the exchange. ICO will be implemented on the basis of Ethereum using smart contracts. Topex Token will
be an ERC20 token.


CONCLUSION


We have seen a large number of websites offering services for the exchange of crypto-currencies in recent years and they all are similar to each other. However, the analysis of people who use crypto-currency showed that they all seek to find a universal exchange that can be trusted and easily managetheir finances in several crypto-currencies simultaneously, have access to general information of traders and monitor market capitalization.People who use crypto-currencies need a platform that is suitable for carrying out various transactions, purchases or sales of crypto-currencies, which could completely change their understanding of crypto-exchange exchanges. It is this task Topex.io solves - a platform for the exchange of crypto-currency, with compensation for losses and the daily distribution of profits between holders of TPX tokens.Work of the TOPEX.IO team is aimed at finding and attracting like-minded people who provide many opportunities for exchange trading, crypto-currency exchange, and much more.


For More Information :

Website               :https://topex.io
Whitepaper          :https://topex.io/docs/wp/topex.pdf
Telegram             : https://t.me/topexio
Authors     : Tellysa

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