Bitcoin Forum

The First True Hybrid Exchange

Cryptoa is the first hybrid exchange combining the functions of both CEX and DEX, to cater for lack of trust and centralization problems in current crypto exchanges; Cryptoa will have a thin layer of KYC to maintain decorum while offer zero listing fee to reap benefits from both business models DEX & CEX also using hybrid proof system (PoW+ PoS) to enhance user-engagement and usage. The hybrid exchange will end the argument between the usage of CEX or DEX as users are giving a wide range of better options and services.

Why use Cryptoa?

    NASDAQ Infrastructure: Owing to the working experience of Cryptoa founder with the well-known exchange this will lay out a good foundation and steady future for the exchange.
    Zero trading and listing fee with high withdrawal limit: Sincerely I haven’t seen this anywhere, often times exchanges give you a limit that’s way too small and annoying but with Cryptoa that fear is gone with a withdrawal limit as high as 10BTC
    Strong credit lines and 24/7 internal chat services which seek to make resolution of cases under 24hours max.

Continue reading here https://steemit.com/cryptoa/@acecool/cryptoa-first-hybrid-exchange

they should have used another name for the exchange since it somehow derived its name from cryptopia. by the way, their credibility will be tested thru time and not just by saying that the founder has background from nasdaq. everyone can say that. also, the site needs editing

https://i.imgur.com/ZjLntkv.png
https://i.imgur.com/anAJ6ga.png

That was my first thought exactly when i saw the name. Like a rip off of cryptopia! A few things i don't get about this exchange, no listing fee and no trading fees? than what is the point of the founder setting it up if he can't make any money off all the effort of building it and running it? That actually makes me doubt the credibility of the exchange and would be very cautious to even deposit any amount until it has been used by a lot of other people and built up it's userbase a lot. Also after looking into the exchange i see under fees that they do seem to have a trading fee of 0.1%? check there fees link - https://www.cryptoa.com/fees but you are claiming there is no fee?

I quickly looked at their website and my first thought was they have to go a long way to establish themselves. Competition is getting harder by the minute. No fee trading is not enough to stand out among the other exchanges. Will they have a subscription plan to compensate for the lack of fees? It is not clear who will use the DEX features and who will use the CEX features, why both at the same exchange. What is the main advantage of this hybrid system, why it is important to have it? Its not clear to me.