SATURN BLACK - the future exchange platform with atomic swap protocol

in #ico5 years ago

 Cryptocurrency seems to become the potential market for investors and traders when Bitcoin achieved the amazing price at the end of 2017. The exchange of cryptocurrency is occurring excitingly and choosing a creditable exchange platform is really important. Because there are some hacked big exchange platform events such as Coinrail, BitGrail, Coincheck, Bithumb that create the anxiety of investors in cryptocurrency market. Besides that, the trading and withdraw fees are preventing the big investments into crypto market. And the delay time of withdrawing from exchange platforms is a problem as well. Saturn Black team was aware that issue thus they would like to provide a best solution to solve it.  

What is Saturn Black?


Saturn Black is a cryptocurrency exchange platform allowing users to be able to conduct directly atomic exchange in crypto assets. Saturn Black platform is built on criteria of convenience and credibility, in which traders are possible to exchange wallet-to-wallet their crypto assets without the reliable third party. 

Problem

The essence of the block chain and encryption funding was to circulate the key leadership of key experts and large groups through decentralization. One of the most compelling digital calls is that a broker or an expert can not restrict digital calls. Block-chain innovation has impacted your business and your organization in terms of openness and security, but you must trade digital calls and customers to gain valuable data and resources.The exchange of processes this time has proved to be simple because there are many digital money transactions. Overall trading volume for trade fell from a peak after the 2017 pair with the full market cap, but at this stage the number of brokers rapidly increased during this period. More and more people are encouraging exchanges to find important equipment and benefit from encryption exhibitions.A good solution and ability to eliminate this drawback is to develop a project called Saturn.black. Let's study more closely. 

Outstanding features


OTC cross-chain trading

The Saturn OTC service allows traders to carry out the transactions through the atomic swap protocol with the assurance by Saturn assets. The target customer of this service are professional investors because the transactions are possible to conduct with the large trading volume and highly minimal trading volume.

OTC auction

The Saturn OTC auction will allow owners to list their crypto assets on the auction at the beginning market price. And the exhibited assets are allowed to exchange with the large amount.

Exchange of atomic trades

This will be a peer-to-peer exchange applying atomic swap protocol to achieve the initial goal of Saturn Back exchange.

Transactions with EURO and USD

This function is implemented and developing to fully serve Saturn’s users at the end of 2019. OTC cross-chain trade, OTC auction and Atomic exchange will entitle Saturn’s users to exchange between crypto assets and EURO and USD. Exchange of crypto assets with USD, USDT and GUSD is possible to be used now. 

 

Saturn token

The purpose of issuing Saturn token (symbol: XSAT) is to use it as a liquidity asset as well as a quotation asset in Saturn platform. In addition, Saturn team also plans to make XSAT token become a collateral asset but this decision will be considered later.

XSAT token is based on standard ERC-20, Ethereum blockchain. The information of XSAT token and token sale are following:

XSAT Contract address: 0x0d9e614937a308438337a2999acf64fc86bf098a (Do not send anything to this address! This is not a smart contract.) 

  • Total supply1,000,000,000 XSAT
  • For sale750,000,000 XSAT
  • Price per token$ 0.125
  • Private saleNovember-December 2018
  • Pre-saleAnnouncement in December 2018
  • Public sale1Q 2019

For more information about token sale, please visit Saturn website, Saturn Whitepaper or write to them [email protected] 

Token distribution

 

Saturn team


 The Saturn platform is an expert project in this area. Founder Dmitriy Zykov has implemented a project to solve this problem because he saw liquidity problems in most encryption markets during encryption asset transactions. Other team members are listed below. 

 

Road map


 

conclusion


The emergence of Saturn and its partnership with Atomic Swaps is very useful in modern cryptology. Saturn creates a platform for cross-chain exchanges directly from the encryption assets and provides liquidity to the free-trade platform when compared to similar projects.


  

Saturn social media channels

Website: https://saturn.black/
Whitepaper: https://saturn.black/wp-content/uploads/2018/11/saturn-white-paper-eng-1.0.1.pdf
Telegram: https://t.me/saturn_ENGchat
Facebook: https://www.facebook.com/saturnatomic
Twitter: https://twitter.com/saturn_twitt
Medium: https://medium.com/saturn-black
Bitcointalk: https://bitcointalk.org/index.php?topic=5075635.0 


AUTHORSHIP:
MY BITCOINTALK USERNAME: Luky147
MY BITCOINTALK PROFILE LINK:   https://bitcointalk.org/index.php?action=profile;u=1547972;sa=summary
MY ETH ADDRESS: 0x65510EA7bB0618d48c0Ac5a3941760c96ECcda3C  

 Telegram username : @Uditha9411  

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