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All About Exchange Platforms

Currency exchanges are platforms that help to trade different forms of digital currencies for other assets. Exchange platform EP3 facilitates the exchange of cryptocurrency rapidly and on the best terms. The decentralized and secured transactions cannot be intervened with any organization or individual.

All About Exchange Platforms

No need for any third party

The technology used in the exchange platforms automates the process of transferring digital currencies from one wallet to another. There is no need for any third party to get involved in the exchange. This means that the participants in the transaction process don’t require to wait for the confirmation of the transaction.

Faster and simplified exchange process

The idea to create an exclusive exchange platform has been created to address the shortcoming found in the traditional digital money exchange. The high commission charged by the intermediary agents is one of the cons of traditional exchange platforms. Thanks to the modern exchange platforms, the limitations are eliminated. Moreover, the automation of exchange platforms makes the process simplified. Unlike the traditional platforms, the modern automated platforms confirm the exchange transactions instantly.

No intermediary to rely on

Utilizing the conventional exchange platform, every operation associated related will stop functioning in case there is an issue with the platform itself. The exchange and transaction will be frozen until the problem gets resolved. This is not the case with the exchange platform EP3. Since there is no intermediary to rely on, a situation of the entire exchange process getting halted, and transactions getting frozen doesn’t arise.

No centralized control

One of the best aspects of the modern exchange platform is the absence of any centralized control. Every transaction that takes place on the platform is decentralized. There is no one to interfere with the exchange process. The governmental agencies are not able to influence the transaction flow or have any kind of role in the exchange process.

Superior protection and security

Every exchange transaction conducted within the platform is completely protected. The miscreants won’t be able to steal anything because the parties involved don’t transfer private keys to any third party. The special escrow accounts technology is utilized that holds the funds until the transaction is completed. Furthermore, one won’t find any asset reserves on the platform, thereby the scammers are not interested.

Anonymity and user rating

Unlike the traditional exchange platforms, the modern and advanced ep3 platforms refrain from collecting user data. There is no need for any kind of document submission, allowing the parties in the platform to maintain their privacy while initiating exchange transactions.

The modern exchange platforms also have the feature of assessing the seller after a transaction completes. The users can view the number of transactions taking place, the volume of transactions, the number of disputes, and so on. The user rating allows one to choose the most reliable seller.

Conclusion

The exchange platform EP3 allows multiple alternative payment methods. One doesn’t necessarily have to deposit or withdraw funds using payment cards and bank accounts. Furthermore, the user can find the most competitive price for the exchange transactions.

sachin
sachin
He is a Blogger, Tech Geek, SEO Expert, and Designer. Loves to buy books online, read and write about Technology, Gadgets and Gaming. you can connect with him on Facebook | Linkedin | mail: srupnar85@gmail.com

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