INTRODUCTION
To date, the cryptocurrency space has been dominated by centralized exchanges that help facilitate transactions from government currencies to crypto currencies.
Centralized exchanges, such as Coinbase, are easily accessible and easy to use. However, because many failed to secure their customers' funds, decentralized exchanges became a popular concept. Centralized trading platforms offer alternatives, and perhaps even more valuable services, by promising greater security and transparency. They do not depend on third party services to hold customer funds. Conversely, peer-to-peer transactions are made possible through automated processes. The benefit of using a decentralized exchange is that there is no need to put trust in the exchange platform itself, because funds are held by users in personal wallets, not with third parties. Decentralized exchanges can also provide more privacy,
Centralized exchanges, such as Coinbase, are easily accessible and easy to use. However, because many failed to secure their customers' funds, decentralized exchanges became a popular concept. Centralized trading platforms offer alternatives, and perhaps even more valuable services, by promising greater security and transparency. They do not depend on third party services to hold customer funds. Conversely, peer-to-peer transactions are made possible through automated processes. The benefit of using a decentralized exchange is that there is no need to put trust in the exchange platform itself, because funds are held by users in personal wallets, not with third parties. Decentralized exchanges can also provide more privacy,
Unfortunately, the decentralized trading platform still lacks commodities, is easy to use, and has overall "user support" to attract the mainstream user base. Therefore, liquidity and market depth from these exchanges are still quite low.
Increasing liquidity in a decentralized trading platform is one way to help drive mainstream adoption. Of course, many factors contribute to the liquidity of an asset. But, if the way in which consumers make monetary transactions using cryptocurrency can be simplified, it is not difficult to imagine that the demand for these assets will increase.
In opening exchanges we can say that the three main challenges are the development of platforms, security and liquidity and only these three points consume an unreasonable amount of capital and time, this ultimately limits participation in this sector because to play this game requires high-risk investments. The RipaEx network will offer a complete solution to facilitate the opening of new crypto exchanges. This will enable them to create a strong and prosperous decentralized exchange network that works together in a fully secure system through blockchain technology. The main goal of this project is to reduce obstacles by allowing the exchange to focus on what really matters.
Exchange Features
- Open Source
Peatio is a customizable cryptocurrency exchange solution architecture enables easy connection to KYC/AML, authentication, ETL/reporting, and other services. - KYC Verification
Peatio KYC efficiently submits and exchanges KYC information to meet the banking supervisory standards and comply with Customer Due Diligence (CDD) requirements. - Transparent & Configurable
Peatio is a true open source technology making it secure, transparent, flexible and highly configurable. - Internationalization
Peatio supports a wide array of common languages, while improving usability for users all over the world. - Proof of Solvency
Peatio Proof of Solvency (PoS) allows users to verify the solvency of the Peatio based cryptocurrency exchange without compromising user privacy. - Multi-Accounts
Peatio allows to create multiple accounts and trading in multiple currencies. Peatio makes it is easy to trade different currencies. - Enterprise Exchange
Peatio enterprise exchange features include a high-performance matching engine, scalable distributed worker threads, and SMS 2-factor authentication. - Functional & Intuitive
Clean, user friendly registration and login interface. Personalized deposit and withdraw procedure and a built-in proof-of-solvency audit
The team of RipaEx believes that, despite the recent developments in the world of cryptocurrencies, it is still expensive to open, manage and build trust on a newly created exchange not only for the resources need to run a reliable exchange platform but also for the build of the platform itself and to find the liquidity necessary to run a profitable business in the first 5 years gap.
Action is needed and action is needed now. Users are frustrated with unreliable exchanges that run away with their funds, got hacked or does not sustain the load of a growing industry of today. Despite the effort of exchanges managers to offer efficient, reliable, and easy to use platforms to trade entry prices for building such platforms is in the rage of 250-300 thousand euro and that does not include personnel cost to give platinum customer support, platform infrastructure and daily expenses for the business. All of that for then having an decent exchange platform for which you will need to pay an external software company to make changes as you request.
It is the aim of this project to give you an Open Source, efficient, reliable exchange platform and to give the needed liquidity to your newly created exchange from day one so you can focus on finding your customers, give platinum support and comply with all the heterogeneous laws in the industry. As we want that the customer experience will be the sleekest possible, while making it safer to trade.
ROADMAP
For more information, visit the following link:
Website: https://ripaex.io/
Technical documentation : https://github.com/RipaEx/whitepaper/raw/master/rus/RipaEx_WP_RU.pdf
Telegram : https://t.me/ripaex
Ann Thread : https://bitcointalk.org/index.php?topic=3759172
System : https://steemit.com/@ripaex
Twitter : https://twitter.com/ripaex
Facebook : https://www.facebook.com/ripaex
Author: aizkicaumania
Profil Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1123133
Address ripaex: PETy2T5nvSWw7sW55aeQ4BLnmJz8YtzwpK
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