WHAT IS EXTRADECOIN?
Extradecoin is a cryptocurrency trading platform. Investors can trade crypto-crypto on the exchange. Extradecoin is established with the desire to provide quality, reliable and safety financial platform for investors. In addition, we are eager to bring the latest technology platforms with the best UI experience on the Extradecoin platform, and at the same time build ecosystems to maximize the benefits for the community.
Ability to process
Extradecoin’s integrated platform will deliver ultra-fast processing speeds, which will enable the market to obtain high liquidity. So, cash flow is continuously processed and no transaction is helped up due to long wait times.
Multi-language support
Extradecoin will support common languages on all user interfaces. The initial release will include English and Chinese, followed by Korean and Japanese. Other languages will be added to Extradecoin later.
Main Functions
Extradecoin will allow investors to perform spot trading through limit orders and market orders. In addition, the company will support margin trading with a high margin the company integrated with the borrowing platform. In the near future, Extradecoin will also build a decentralized exchange. Through the decentralized platform, investors can make cryptocurrency transactions without restriction. Extradecoin will develop a new trading model, including transactional decentralization on the Blockchain to meet different investment requirements.
Offline and Online Training
To support new investors who may be unfamiliar with cryptocurrency and to improve the efficiency of transactions, Extradecoin will launch Online and Offline training courses. Investors who come to Extradecoinwill be trained in market knowledge, trading skills and have a chance to meet with professional traders.
Analysis and evaluation report
A periodical report on the cryptocurrency market will be compiled by professional analysts with knowledge of current technology and who have long-term investment experience in the market. At the same time, Extradecoin will execute a detailed review of the ICO’s listing on the trading platform to assist the startup firms. It will also help to identify potential ICO projects that are of sufficient quality and potential profitability to our customers.
Customer support 24/7
To bring the best quality of service to our customers, Extradecoin will deploy numerous customer support channels that will operate 24/7 to answer questions, help with new features of the website features, receive user feedback, assist in dealing with transactional problems and notify customers in the event of a problem
occurred.
Borrowing Platform
To increase profitability for investors, Extradecoin will play the role of an intermediary, in a platform that connects lenders and borrowers. Investors may have unused cash in their Extradecoin wallet and so can lend to other to each other to earn additional monthly income. Investors, who wish to increase their capital and are looking for new investments, can contact Extradecoin to discover appropriate loans.
Margin mechanism
Investors who wish to borrow money on Extradecoin will need to find appropriate loans based on the platform’s regulations. The condition for borrowing is that investors must at least possess at least the amount of coins they intend to borrow. This is the margin that will be used to guarantee the investors’ loan. Borrowers will be able to get a coin loan with the registered coin and, at the same time, interest will be paid by the registered coin back to lenders. For example, an investor holds ETH; they can borrow ETH loans in ETH and pay interest monthly using ETH. Investors can borrow up to the amount they deposit, meaning they will own double the amount and investors can use all of this money to trade. Each month, investors will have to pay interest according to the terms of the loan. The interest will be deducted directly from borrower’s accounts on the interest payment date. At the maturity date, the investor must pay both principal and interest as agreed initially, plus a 1% transaction fee.
For more information you can find here :
Website: https://extradecoin.com
Whitepaper: https://drive.google.com/file/d/1ZOZiqfFTu71UiY5-FAWTnHWa2uKqH4wV/view?usp=sharing
Facebook: https://www.facebook.com/extradecoin
twitter: https://twitter.com/Extradecoin1
Telegram: https://t.me/extradecoinofficial
Author : muhammedb
Bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=1109804;sa=summary