Xera

Hello everyone in this article I will present an interesting ICO analysis, called Xera, based on the following criteria:

We’ve built an exchange like never before.
While there are multiple exchanges available throughout several different geographic locations, there are still major gaps in functionality across these exchanges. Some of the key issues in existing trading exchanges include security issues, lack of liquidity, latency problems, and a severely limited selection of automated functions — all features that traders expect.

The XERA team is comprised of traders who have gained decades of experience in the banking and information technology sectors. As such, we have identified the functions that should be non-negotiable in a quality cryptocurrency exchange. Many traders currently have to use third-party and other paid tools to fulfill their full spectrum of cryptocurrency trading requirements via exchanges. XERA will be a fully integrated cryptocurrency trading exchange that resolves the key issues and challenges that traders are facing with current exchanges. To fund the development of XERA, an ICO will be launched to sell the XERA token and provide traders with access to a platform that incorporates all of the components that investors need at one place.

WHY XERA PLATFORM COMPONENTS

Liquidity
Improving liquidity on crypto trading platforms is one way to encourage mainstream adoption. To make it one of the priority solutions, we will dedicate 10% share from profit generated from trading fee and put that in a reserve liquidity pool. This will ensure that liquidity remains healthy all the time

Highly Secure
Our experienced security team is backed by a rigorous set of audits and the latest innovations in cybersecurity. Not only are we committed to handling your crypto and fiat, but also ensure that personally identifiable information (PII) should be completely secure from theft and unapproved accessibility

Lightning Fast
Our exchange is going to be on one of the fastest engines with super low latency. Have a look at our POC system in the “ALPHA TESTING” section. We were able to sustain a 2.5 Mtps throughput and super low latency and will keep on working to enhance it and create an HFT (High-performance trading) system with increased scalability

Auto-trading
Our exchange allows traders to implement their trading strategies via direct coding methods which will automatically execute their trades based on user implemented logic. Users will have access to all market data and technical indicators via the scripting language, so traders can quickly implement and auto-execute their favorite trading strategies

Notification Mechanism
Traders will receive instant SMS and/or email notifications for their defined tasks, orders, and pre-defined indicators. You will not have to stick to your screen and wait for the order fulfillment. Once defined, you will receive notifications when your tasks/orders are complete. Also, your trade will be automatically triggered with the Auto-trading feature

Multiple orders
Worried about whether to put stop-loss or target sale sell? Why not both? And why not more than that? XERA supports a plethora of order types including OCO (one cancels other), Limit, Market, Stop, Stop-Limit, Trailing Stop, Fill or Kill, and Scaled.

Integrated on-site Tutorials
The only exchange with tutorials that help you learn how to trade in less than 30 minutes. Be it the UI interface, withdrawals or expert level trades, you will have access to understand, learn, implement and improve your trading capabilities with help of visuals, voice and AI. Easily accessible on laptops, tablets, and mobile devices

Dual Dashboard
On one side, our simple UI design will provide an intuitive and easy interface to trade and on the other traders will have advanced capabilities such as four-hour time frames, zoom-in/out, global volume presentation, extensive charting features and technical indicators across multiple time-frames and much more

Fiat integration
It’s undeniable, fiat currency still reigns supreme for its liquidity and relatively stable valuation. As such, we are securing the required legal agreements for offering fiat as a payment method.

XERA TOKENIZATION

The Xera token is developed on the ERC20 standard and is going to follow the Ethereum platform. Our token can be used by traders to reduce their trading fees, and through our token buyback monetary policy, continue to generate additional value for their cryptocurrency portfolio. The token will be the native currency for XERA and will be priced at $0.50 per token.

ERC20 Compliant
“XERA” will be the ERC20-standard token developed on the Ethereum blockchain acting as the native currency and designed to support and fuel our complex ecosystem

Reduced Fee
A very small fee of 0.05% will be levied when the trade is done in pairing with XERA coin when compared to our standard 0.1% when paired with BTC

Token Buyback
At the end of each quarter, we will buy back XERA tokens from 20% of the total quart

THE OBJECTIVE WHAT WE SOLVE

Existing problems Solution in XERA ecosystem
Limited order types XERA’s multiple order types will provide a high level of flexibility for traders
Lack of auto-trading tools, unlike traditional platforms XERA will have highly customized toolset, which can be configured for various indicators and auto-execute pre-configured orders
Liquidity issues XERA will have a liquidity reserve pool that mitigates liquidity issues. We will dedicate 10% of profit generated from trading fees to keep this pool healthy
Poor customer service We provide 24×7 support with dedicated agents who have verified expertise in their respective fields
Lengthy validation process for KYC approval We have partnered with Authenteq for a 90 seconds KYC process
Lack of regulated crypto-fiat exchange We are currently in the process of obtaining the required crypto trading licenses
Poor or no audit process We will be engaging a third party audit agency to perform regular audits and publish relevant and accurate results
Slow engine and high latency We already have POC engine developed with a recent test resulting in 2.5Mtps. High throughput and super-low latency means orders can be executed faster
Security issues followed by hacks and theft We have a team of security professionals and a dedicated budget for the most current security tools and procedures within the industry

Backend Engine and Latency test

Backend Engine
Trade execution speed plays a vital role in determining whether your trades are likely to yield good results or not. Today, execution speed and accuracy remain critical to maintaining a true edge in trading. In the crypto world, we are still far away from a trading engine with a speed of traditional trading platforms. Xera was able to achieve 2.5 MTPS (Million transactions per second) in our test lab on our POC systems. The video shows our backend engine performance test. Our team is going to constantly enhance the performance as we progress.

Latency test
Latency means a delay or lapse of time between a request and a response. Higher latency means a larger delay for a trader to interact with the market and that results in price fluctuation and thus orders not getting fulfilled as expected. For active traders, latency needs to be managed to increase odds of success. Our systems are built to provide very low latency and that too in different geographical locations. The video shows our engines latency test.

90 SECONDS USER VERIFICATION

  • 90 second onboarding : ONE TIME SIGNUP TAKES UNDER 90 SECONDS.
  • Document Fraud detection : OVER 1 BILLION PEOPLE CAN BE INSTANTLY VERIFIED
  • Liveness detection : WE MAKE SURE ONLY REAL LIVE HUMAN BEINGS ARE SIGNING UP.
  • One time Signup : NO REPEAT SIGNUPS. ONE TIME VERIFICATION VIA OUR SECURE MOBILE APP OR SDK.

Token Distribution

ROAD MAP

  • 2017 Q3
    Concept
    Origin of platform idea by the founders
    Development of trading exchange concept and business plan
    Project specification and roadmap design
  • 2017 Q4
    Research
    Core team establishment
    Further research on trading exchange model
    Company Establishment
  • 2018 Q1
    Design
    Development and creation of POC Trading Engine
    Phase 1 Exchange design
    PR and team expansion
  • 2018 Q2
    Preparation
    Phase 1 design of Mobile Trading Apps
    Preparing the Exchange Security model
  • 2018 Q3
    ICO Sale
    ICO Preperation
    Token creation
  • 2018 Q4
    ICO Sale and Expansion
    Phase 1, 2 and 3 initial coin offering
    Accepting applications for Exchange listing
    Establishing regulatory adherence for Fiat acceptance in various countries
  • 2019 Q1
    Launch
    Exchange launch
    Listing approved projects
  • 2019 Q2
    Enhancements
    Android and IOS App release
    Integration of auto-trading tools
  • 2019 Q4
    Decentralized Development
    Research and Development for Decentralized Platform
  • 2020 Q2
    Launch of Decentralized Exchange
    Launch of fully functional Decentralized exchange

To find out more. You can connect more with Xera at the link below:

WEBSITE
WHITEPAPER
FACEBOOK
TWITTER
TELEGRAM

Author :phatpharm20

 

Bitcointalk Username: phatpharm20

 

Bitcointalk Profile:https://bitcointalk.org/index.php?action=profile;u=2038562

 

ETH Address: 0x1cff5da802703815aea69be79491c636369d0d1f

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Phatpharm20

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