Cryptocurrency started gaining immense popularity a decade ago. Just like all paper currencies of this world, cryptocurrency is traded on an exchange. A lot of cryptocurrency exchanges have established themselves as a hub of crypto trading over the period. But not all of them could survive the test of time. Most of the crypto exchanges failed miserably as they didn’t anticipate the ever-changing curve of crypto trading. The exchanges were not developed to accommodate frequent user liquidation. A massive volume of transactions occurs on an exchange during a market boom. The rapid surge in traffic causes the exchange to crash, causing users to lose a significant amount of money. Exchanges have a hard time recovering from such a setback. Similarly, most of the exchanges are working on a monotonous set of features while charging hefty amounts to the user.
Revolutionary Innovations:
Innovation Factory was quick to identify the loopholes present in current exchanges. They knew that revolutionary innovations are impending in the financial system in the coming years. So, they decided to be the pioneers of change and got the ball rolling in the right direction. They started working on multiple projects that are bound to reform the crypto industry. Most of these projects are at their last stage of production and will soon be available for the general public. One such project is the crypto exchange, namely, XchangeOn. XchnageOn is a powerful centralized exchange where you can buy and sell digital assets. Innovation Factory acts as a regulatory authority to ensure safe trading while the exchange acts as the trading backbone for the BFIC eco-system. Let’s have a look at some of the unique features of XchangeOn that set it apart from other current exchanges.
Arbitrage Trading
XchangeOn is power-packed with unique features and user-friendly tools. While it encompasses the usual features of a crypto exchange, it also comes with some unique features. One such feature is Arbitrage Trading. Now, you might be thinking how is this feature new? Right? Well, it may not be entirely new but the innovative way it functions is new. Crypto Arbitrage is the process of capitalizing on the low correlation in the values of crypto assets across two or more exchanges. Crypto arbitrage opportunities are endless because there are over 300 spot market exchanges trading crypto assets like Bitcoin at slightly varied rates. This helps to explain why traders are increasingly looking for strategies to quickly spot these opportunities and profit from split-second price differences across several exchanges. But the main problem is, the user needs to create multiple accounts on different exchanges to benefit from this opportunity.
Window of Opportunity:
Not only is the process of account approval hectic but it is also pretty time-consuming. Thankfully, XchangeOn has changed it all by allowing users to conduct arbitrage trading across multiple platforms using only ONE account. This saves a lot of time as the window of opportunity is thin and users need to act swiftly to benefit from arbitrage trading. Making an account on XchangeOn is a fairly simple procedure. Once the account is up and running the path forward is smooth sailing. Users can simultaneously trade between multiple exchanges on a single platform. You can buy from one exchange and sell at another without having to switch app or exchanges. All variations of different cryptocurrencies are readily available for the user to maximize the opportunity as price variation exists only for a brief moment.
Affiliate Program:
XchangeOn offers one of the best and most profitable Affiliate Programs. You can use your referral link to invite friends and family to join the exchange. In return, you will be able to earn exceptional bonuses. For the first 30 days, you get 100% Trading Fees procured by your referrals. This is far greater than any affiliate program designed by different exchanges. Even the top 10 exchanges only offer up to 50% commission. Every time your friends and family make a trade, you will be able to earn commission and that too in real-time. There is no limit to the referrals that you can send in a month or even in a year. After 30 days, you will be eligible for a bonus of the Trading Fees obtained through your referrals (as per policy). XchangeOn guarantees that their Affiliate Program is highly secure, rapid, and fruitful.
Multiple Streams of Income:
XchangeOn has not only made trading extremely easy but has also made making money a simple task. There are multiple ways of earring on XchangeOn. You can generate multiple streams of income using Future Trading, NFT Trading, Margin Trading, or Copy Trading. Innovation Factory has elaborate plans to turn XchangeOn into a Decentralized Exchange in the coming years. Users will be able to benefit greatly from all of these exciting features soon.