ECX is a decentralized crypto currency trading platform with zero (0%) percentage trading fees.
PROS:
- Security: The platform stores all users encrypted private keys clients side in user’s browser preventing the loss of the user’s information. It further prevents third parties from executing a fraudulent trade between the users as smart contract exchange only allows orders signed by a private held by the matching engine
- User- friendly: The platform enables peer to peer (P2P) trading hence enabling the ERC20 tokens to be directly traded from the users wallets
- Fair trading: The exchange of the token requires the users wallets to have 100ECX eliminating the user of bots of software in the network which further prevents unfair trade exchanges
- Increased trade exchanges: The platform doesn’t involve any trading fee in each order hence promoting a large number of customers to use the platform with a greater appreciation of the token exc
- Universal: The platform website is able to support three major languages English, Spanish and Portuguese which promotes its extensive use as the involved languages are common to most of the users
- Efficiency: The platform off chain order books enables efficient markets with no forecast and reputation required
CONS:
- Fewer management team involved with no project advisors
- The white paper is to brief omitting the broad use of the ECX token and the project disclaimer
- The ECX token is not involved in the Pre-Sale stages to raise funds for the project implementation
SUGGESTIONS:
- Include more management team members and project advisors
- The platform white paper should be more detailed with the inclusion of the disclaimer and the team involved
- The platform token should undergo pre-sale stage to determine its suitability to raise funds for the project implementation
NOTE:
This project promotes faster and less costly crypto currency trade exchanges on the Ethereum community which attract more users. This makes it viable and I would invest in it once it has been launched.
