For over a long period of time, across multi platforms and different currencies has been a huge nightmare. from high price charges on transaction, to getting the best brokers for quality transactions. we can’t talk about currency exchange without mentioning duration. probably, exchange of funds might delay due middle men involved in the transaction.
with the advent of and , one major benefit is the mitigation of middle men making a business faster and more transparent. Nowadays most exchange platforms both digital and traditional offers various rates of brokerage. As we advanced from normal fiat currency used in forex into digital currency; known as , many online exchanges offered different and exorbitant prices to users for .
The amplify exchange aims to create a platform with intent on three major focus : BROKERAGE,EXCHANGE AND CRYPTO PAY. what is a brokerage.
A brokerage is the fee or charges for executing buy and sell orders submitted by an investor in a platform. A broker can be refers to the role of a firm when it acts as an agent for a customer and charges the customer a commission for its services. the amplify team aims to make this a key feature in their project. brokers plays a crucial role in by providing better prices relatively to shallow .
BROKERAGE OVERVIEW:
The picture above depicts how the amplify exchange creates the portfolio interface combining the wallets the graphs and price movement together. this will make the interface user friendly and easy to access. buying will be made available in the exchange allowing traders to buy directly from their banks using the fiat money. this will bypass excess fees. with the amplify exchange, buying and selling of crypto will be very easy.
QUALITIES OF AMPLIFY EXCHANGE;
crypto pay is a New application been introduced by the amplify exchange which will allow users to purchase for goods and services using offered by a merchant on the platform. this is the first time such services is been offered in an exchange. this gives the opportunity for users to create an online marketplace allowing the to sell to buyers using .
For users to interact in this amplify exchange, a utility AMPX is required. there are two phase to earn this . firstly, is by joining the early supporters to trade in the platform or campaign for the project to earn as a reward. secondly is by proof of stake. users of the platform will earn by assisting in verification of transactions that occur in the exchange.
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Published at Mon, 27 May 2019 00:12:02 +0000
