I don't see the need of blockchain technology for this and i am a bit confused as to what different it will be from binance or as a matter of fact any other exchange that is present today. If its just more coins that already hitbtc and etherdelta have like every coin.
This being an australian exchange what different it will be from cryptopia a NZ exchange or coinspot. If its fast they are talking about, binance is currently the fastest of all.
I would like someone to explain as to how this exchange is solving some considerable problem and how they see the token value price going up since exchange coins hardly do well.
Hitbtc charges exorbitant listing fees which prohibits the listing of many smaller coins. Etherdelta is not user friendly and many traders, including myself, refuse to use it for this reason.
If you're not from a Stockmarket trading background you probably aren't aware of the enormous gap in quality and ease of use between leading stockmarket exchange platforms and leading cryptocurrency platforms.
At present, even the poorest Stockmarket platforms are still a pleasure to use compared to the very best cryptocurrency exchanges.
I think you'll find that no current crypto exchange lists more than 500 or so individual coins - we plan to list 1000 within 6 months of live public launch.
Coinspot for example only lists 40 or so individual coins. 40 out of 2000 is not good coverage.
We will also be the first crypto exchange to offer insurance to users agains loss of coins from cyber attacks, and should be the first exchange to offer both a centralised and a decentralised exchange from a single interface.
Just as an example of common sense features from the Stockmarket that we will include - the fact that you can only cancel your buy or sell order on most crypto exchanges is really quite bizarre. It is far more efficient to amend an existing order rather than needing to cancel and order and re do another order, especially with all the decimal places involved in crypto.
There are numerous other common sense and efficient features such as this that we will be implementing.
