The cryptocurrency market boomed in 2017-2018; the total market capitalization of cryptocurrencies reached $700 billion last year. With the huge market potential offered by cryptocurrencies, digital currency trading is booming and several crypto exchanges have been launched within a year and more are in development. Crypto-exchanges are platforms where traders can exchange cryptocurrencies for other cryptocurrencies or fiat money.
Panaesha Capital Exchange (PCEX) is a cryptocurrency trading platform that will be launched in the third quarter of 2018. PCEX is safe, fast, provides high liquidity and uses a broker channel for added security. The platform is a one-stop trading solution; offering cryptocurrency trading for cryptocurrency exchange and cryptocurrency trading for fixed currency.
Advantages of PCEX
A multifunctional exchange platform
Many crypto-exchanges, even prominent platforms, only support crypto-to-crypto trades, forcing traders to conduct their activities on multiple exchanges. Crypto-traders first buy cryptocurrencies for fiat money on a specific platform and then distribute the currencies to several trading platforms to ensure liquidity and profit. To convert digital currencies to fiat, traders have a choice of several platforms. PCEX is a comprehensive solution that offers high liquidity; crypto-traders can do all their trades on one platform and they will also be assured of significant returns.
To promote the liquidity of digital assets on PCEX, the platform embodies all the key attributes for fast exchange;
Simple user interface to simplify the transaction process. PCEX is built similar to the format of the National Stock Exchange for familiarization purposes.
Low transaction fees (PCEX insists on very low trading fees on the platform).
Sophisticated buying and selling procedure through a superior matching mechanism. Trade orders will be matched quickly on the platform.
High caliber order matching
Users on PCEX are offered a limited trading procedure to be able to buy or sell assets at the price they set; the matching engine will try to improve sales by matching the user’s trade with a better price for a limited time. Traders will set a limit after which the trade order will be removed from the platform. PCEX has the ability to quickly merge orders through a superior order matching engine.
To trade on PCEX, crypto-traders will incur only two fees: transaction fees and withdrawal fees. The transaction fee on PCEX is much lower than the fees on other platforms that offer similar services. A significant portion of transaction fees goes to brokers and sub-brokers of PCEX; the platform will get a smaller part of the cut.
Broker and sub-broker channels
Crypto trading brokers and sub-brokers are a unique feature of the PCEX trading platform. Traders on crypto exchange platforms usually face poor customer support and slow response times. PCEX corrects this shortcoming by employing a fleet of brokers and sub-brokers who personally assist traders with each trade. Traders on PCEX will be assigned a single point of contact that they can contact at any time for assistance. No dark period of inactivity will ever be associated with PCEX.
Through the brokerage channel and exceptional services, PCEX aims to build long-term customer relationships. The broker channel also adds a layer of security to the platform.
By the way, PCEX has several layers of security. The platform has a Clark-Wilson security architecture model to ensure data integrity. The security system will check the acceptance of information on PCEX to prevent data breaches all together. Secure operations on the platform require the cooperation of auditors; devices and identities are set to protect the website. PCEX provides crypto traders with a level of security that is impenetrable and keeps traders’ identities and digital assets safe from hackers and accidental loss.
All users, brokers and sub-brokers on PCEX must comply with the KYC/AML protocol; PCEX is preparing in advance for any regulations that may arise in the future. Traders can also be assured of legal behavior on the platform.
Cryptocurrency trading is a volatile atmosphere with prices rising and falling almost daily. Price volatility depends on government regulations, security, acceptance of digital currencies by vendors, big players, etc. Cryptocurrency trading provides a much higher return on investment than a traditional stock market; early investors in cryptocurrencies made millions in profits in 2017-2018.
To support the growing demand for digital currencies and digital currency trading platforms, PCEX adopts an advanced framework with full-service tools. Everything a crypto trader will need for smooth, effortless trading is available on PCEX. In fact, PCEX is going further.
Explore the new and exceptional crypto exchange at http://www.pcex.io.