Cryptocurrencies are one of the most important inventions since the inception of the web. They are ushering in a new era of decentralization, privacy, and control of one’s own data that has the potential to revolutionize many parts of society. There are currently over one thousand cryptocurrencies in use, with hundreds more being released each year. Their combined market cap has grown from $10 billion in 2016, to over $400 billion at the time of writing, having previously been much higher.
As the success and growth of blockchain-based cryptocurrency have proven, the future will witness a decentralized, efficient, and comprehensive global ecosystem. At this juncture, I would like to present RIPAEX platform, which is a hybrid-decentralized exchange with a strong focus on lowering the entry level for opening new exchanges and giving crypto traders safe and secure trading partners to operate on a daily basis.
Until now, the cryptocurrency space has been dominated by centralized exchanges that help facilitate transaction from government currencies to cryptocurrencies. Centralized exchanges are easy to access and easy to use. However, as many have failed to adequately secure their customers’ funds, decentralized exchanges are becoming a popular concept. Decentralized exchanges offer an alternative, and perhaps even more valuable service, by promising greater security and transparency. They do not rely on third-party services to hold customer funds. Instead, peer-to-peer transactions are possible through an automated process. The benefit of using a decentralized exchange is that there is no need to put any trust in the exchange platform itself, as the funds are held by the user in a personal wallet, rather than with a third party. Decentralized exchanges can also provide more privacy, while reducing the risk of server downtime, if only for those who are more tech-savvy.
Unfortunately, decentralized exchanges still lack the commodity, easy of use, and overall “user support” to attract a mainstream user base. Therefore, the liquidity and market depth of these exchanges is still quite low.
Improving the liquidity in decentralized exchanges is one way to help encourage mainstream adoption. Of course, many factors contribute to the liquidity of an asset. But, if the ways in which consumers make monetary transactions using cryptocurrencies could be simplified, then it’s not difficult to imagine that the demand for such assets would increase.
In opening an exchange we can say that the three main challenges are platform development, security and liquidity and only these three points consume an absurd amount of capital and time, this ends up limiting the participation in the sector since to play this game requires high-risk investments. The RipaEx network will offer complete solutions to facilitate the opening of new crypto exchanges. This will allow them to create a strong and prosperous network of decentralized exchanges working together in a completely secure system through blockchain technology. The main goal of the project is to lower the barriers by allowing the exchanges to focus on what really matters. This means that it will no longer be necessary to worry or spend time and money developing a platform or even have a high capital to provide liquidity because that is exactly what RipaEx proposes to deliver to the new exchanges, increasing the possibilities for them can leverage their business.
RipaEx is a Crypto Asset Marketplace that will host several cryptocurrencies exchanges, the main focus of the project is to provide resources and technologies to allow the opening of new exchanges at a more affordable cost, through an Open Source Exchange platform totally free, efficient, reliable and will also have shared orderbook with all other exchanges of the network making even the new exchanges have liquidity since its first day of operation.
RipaEx is a Crypto Resource Commercial center that will have a few digital currencies exchanges, the fundamental focal point of the task is to give assets and innovations to permit the opening of new exchanges at a more moderate cost, through an Open Source Exchange platform absolutely free, productive, dependable and will likewise have imparted order book to every single other exchange of the system making even the new exchanges have liquidity since its first day of activity.
The central goal is to assemble the world best open source crypto resource commercial center with an elite exchanging motor and security which can be trusted and appreciated by clients. Withal we require to move the digital mazuma trade innovation forward by offering avail and include incipient highlights. We are availing individuals to construct simple their possess trade the world over.
FEATURES OF RIPAEX PLATFORM
Peatio is a custom architecture for cryptocurrency exchange solution, allowing easy connection to KYC/ AML, authentication, ETL / reporting and other services;
Verification of KYC
Peatio is effective KYC and exchange KYC information to meet the standards of banking supervision and comply with the requirements for Due Diligence (CDD);
Transparent and customizable
Peatio is a true open source technology that provides reliability, transparency, flexibility and the ability to customize all new blockchain-based projects;
Peatio supports a wide range of common languages and improves the usability of the decentralized platform worldwide. The developers are going to do everything necessary to provide their customers with the opportunity to establish mutually beneficial cooperation;
Proof of solvency
Peatio Proof of Solvency (PoS) allows users to verify the solvency of a Peatio-based cryptocurrency exchange without compromising privacy. This is a real guarantee of protection against fraudulent schemes used in the modern world;
Peatio allows you to create multiple accounts and trade in different currencies. Peatio makes it easy to trade different currencies. You no longer have to spend time looking for different services – all manipulations with the cryptocurrency can be performed within a decentralized platform;
Peatio enterprise exchange capabilities include a high-performance compliance mechanism, scalable distributed workflows, and two-factor SMS authentication;
Functionality and intuitiveness
The most simple, convenient interface for registration and login.
Individual Deposit and withdrawal procedure and built-in audit of solvency verification.
Ripa Exchange trading console
The Ripa Exchange trading console is a fully responsive trading interface, built with a flexible design that gives you a great opportunity to save time and money, allowing your customers to conveniently access your content on any device.
Ripa Exchange specializes in developing beautiful interfaces for content, while balancing your application so that it is consistent as the viewing area increases.
Ripa Liquidity Service Provider (RLSP)
The platform will share liquidity through the Ripa Liquidity Service Provider (RLSP) functionality that will create a unified orderbook connecting all the exchanges in the RIPA network guaranteeing high liquidity. This functionality combined with two other innovative Smart Bridge and ACES technologies will be able to make the Ripa exchanges perform cross-chain operations, that is, distinct blockchains will be able to exchange information.
RIPAEX NETWORK SOLUTION
The RipaEx system will offer finish answers for emboldening the aperture of incipient crypto trades. This will enable them to make a solid and prosperous system of decentralized trades cooperating in a consummately secure framework through blockchain innovation. The principle objective of the task is to bring down the boundaries by enabling the trades to center around what authentically is consequential.
This implicatively insinuates it will never again be consequential to stress or invest energy and cash building up a stage or even have a high mazuma to give liquidity since that is precisely what RipaEx proposes to convey to the incipient trades, expanding the potential outcomes for them can utilize their business.
The RIPA Token
XPX is the RIPA token being sold at ICO. The token will postulate a key part in financing the task and adscititiously being the official cash for installment of administrations inside the system, for example, posting cryptographic forms of mazuma, advancing incipient activities, sharing liquidity between organize trades notwithstanding installments at RipaEx Store.
ICO is in the RIPA TEC stage that commenced in July and goes through December 2018, this stage was subdivided into little times of rebates on the token buy, over the long haul the rebates are likewise diminishing. There are rewards being offered inside those eras in integration to another reward substantial until the finish of the ICO of € 1000.00 in exchanging expenses when the trade is live (legitimate for buys of at any rate € 100.00 in XPX tokens).
TOKEN AND ICO DETAILS
Token Name: XPX
Supply: 115 Million XPX
Tokens for Sale: 74,750,000 XPX
RIPA TEC: July to December 2018
You can get XPX here: https://tec.ripaex.io/sign-up
Keeping on growing RipaEx has reached 500+ registered delegates, 11,500+ Telegram users, 8,000+ Twitter users and 600+ Slack users. The XPX currency will be listed in the following two exchanges starting from Monday 29th October 2018:
The choice for those two exchanges has been done as we value small ecosystem growth and we like to support the exchanges platforms that we consider secure, efficient and innovative. RIPA TEC will close on 11/16/2018 if the two integrations with Graviex and Altilly are working smoothly.
The tokens not exchanged during the RipaEx Pre-Sale and RIPA TEC phases will be distributed as follow:
₱30,000,000 locked and used to finance the Ripa Exchange development during the ROUND TWO financing that will start in January 2019
₱20,000,000 burnt to support price stability of the XPX currency to be burnt in batches of ₱1M – ₱5M each
₱20,000,000 locked for the time being to make sure the Ripa network will not go in the hands of unknown people that may not agree with the RipaEx vision
Functional Analysis for Ripa Exchange is as follow:
CRYPTO <-> CRYPTO exchange
25 currencies from POW, DPOS, MasterNodes, ERC20 (if is in reach)
Possibility to add WebWallets deposit/withdraws (OKPay, PayPall, NETELLET, others…)
Log in via Facebook, Twitter, Goolge+, (is really needed??)
FIDO Alliance security standards
Separation between user registry, trading UI, trading engine, deposit/whitdraw engine
For more information, please visit:
ANN Thread: https://bitcointalk.org/index.php?topic=3759172