Dissecting the crypto exchange industry showcases two main categories: Centralized and Decentralized crypto exchanges. Starting with the centralized exchange, it makes the whole network regulated but the concentration of money in few wallets and the backing of those wallets in few hands increases chances of hack attempts also.
On the other hand, a decentralized exchange (DEX) works in the exact opposite manner than that of a centralized exchange. Here, any coin can get listed if it carries ERC20 base with no listing fees attached. With a free of cost listing comes the issue of lack of trust and integrity. PointPay caters to both sides of the story by offering a hybrid exchange model. Backed with a centralized consensus mechanism, regulated by banks and licensed by authorities — PointPay also leverages blockchain-enabled smart contracts to hasten transactions, improves liquidity, increases security and overall improves the underlying infrastructure as well.
The exchange offers multiple advanced features such as crypto credit, trader chat troll box and most importantly provides a smooth interface to enable limit and market orders.
Considering the underlying volatility in the crypto markets, most of the time potential buyers fail to get their orders fulfilled and dealing with the issue comes the point of limit orders. Amidst offering the limit-based orders, the crypto exchanges are highly accused of manipulating volumes and faking order books to confuse real investors. As a result, the retail investor loses money and gets into the trap of fake order books. PointPay with its regulated authority ensures that the APIs are interlinked with real-time data and ensures the asset backing with physical cash reserves are maintained so the order book cannot be manipulated.
PointPay also allows the option of stop-loss as well to encourage traders to limit their losses and the real-time API linkage with trading view allows the same users to have an on-going technical view of the underlying crypto.
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