EtherMium: Decentralized Ethereum ERC20 Token Exchange?

2018-11-1 09:49

What Is EtherMium?

EtherMium is an Ethereum-based cryptocurrency exchange platform that operates cryptocurrency pairs and tokens with an ERC20 standard compliance. The platform seeks to provide leading trading services worldwide through its highly secure and unique features that will make it possible for users to access a wide range of cryptocurrencies as well as the ability to participate in promising ICOs.

Besides, EtherMium aims at revolutionizing the trading world by utilizing the decentralized nature of Ethereum combined with leverage in the trading of real world assets like commodities, indices and company stocks.

How EtherMium Decentralized ERC20 Token Exchange Works

EtherMium prioritizes on safety; therefore, it doesn’t store or hold any of the user’s funds. The funds are stored on smart contracts, which act as bank accounts; This implies that the smart contract will monitor the transactions and facilitate the transactions. Therefore, only the users will have the authority to manage their funds without the interference of EtherMium. The smart contract will also ensure that no fraudulent transactions take place.

The exchange platform will also use an order book service that operates the platform and stores the user’s orders. It also receives orders from users and matches the orders according to the prices before sending the orders to the blockchain to ensure all trades are executed.

Currently, users could trade on the platform using various ERC20 based tokens. They include, QuarkChain Token, Basic Attention Token, TrueUSD, Dock Token and many more. To begin trading, users are not required to input their registration details or complete any KYC requirements. Therefore, once they deposit their Ethereum they can initiate trading in minutes.

EtherMium Additional Features

In the future, the EtherMium will introduce trading solutions that will make it possible for users to trade non-Ethereum digital currencies like Bitcoin, Litecoin and more.

Additional features of EtherMium is the fact that it is possible for users to short ICOs on the platform, which means that any user can release their token and trade on the platform. The integrated solutions on the platform oversee the creation and conducting of ICOs based on the EtherMium Decentralized exchange. This subsequently enables the users to participate in ICOs directly and in a decentralized, secure, and anonymous manner.

EtherMium will also benefit the ICOs, as they will be able to collect funds through smart contracts that are secure since it eliminates the threat of the funds being hacked or stolen.

EtherMium Advantages Professional Customer Support

EtherMium is integrated with a customer support interface with a question-and-answer chat box where users could make a request and a customer support specialist will respond to them in order to help them solve any issues they might have.

User-Friendly Interface

The EtherMium interface is well designed with a simple and easy to use interface that displays the user’s cryptocurrency wallet balance, trading charts, orders and trading pairs. The simplified interface enables users to trade on the platform regardless of their experience level.

Secure

EtherMium is highly secured due to the utilization of an exchange smart contract and an order book that ensures the user’s funds are secure at all times. The platform also doesn’t require any personal data of the user, which keeps the user’s data private and confidential.

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Introducing Ethermium: New DEX crypto exchange

Thanks to the blockchain technology, we are moving towards an economy that does not require third parties to trust in exchange of goods. However, today’s cryptocurrency exchanges are centralized: they are vulnerable to hacking, react poorly to processes associated with the blockchain (for example, hard forks) and are often associated with the risk of regulation […] The post Introducing Ethermium: New DEX crypto exchange appeared first on Ethereum World News.

2018-10-26 00:51