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Digital assets are commonplace these days. Even if the financial implications of paying good and services with cryptocurrencies hasn’t been fully explored yet, the latent potential is right there ready to be exploited by someone with the means to do so. The crypto market has become very popular in the last couple of years, but it is plagued with problems such as security issues, the available liquidity, the increasing fees charged by most exchange services, and some of the worst customer service ever offered on any business. The brand new Crypto Circle exchange service is coming to change all of this and step up the game with a new type of service.
A Brand new Exchange with a New Take on Age Old Services
Crypto Circle is set out to disrupt things among exchange services by adopting the latest technology to handle financial transactions while embracing traditional ways of marketing that seem to be forgotten by most of the new players coming into the playground. The company claims to have the means to manage 10 million transactions per second with full transparency. They also want to build a respectable image associated with trusted services in the same way it happens with certain brand names in this industry such as Bitcoin, Ethereum and others. Their strategy is based on using the blockchain as a mean to bring speedy transfers using their own Crypto Circle Exchange Coin.
As an exchange service Crypto Circle also comes equipped with other features such as the one listed below:
- The Matching Engine
The main algorithm of the platform is written and programmed using GoLang, one of the most efficient coding software out there. According to Crypto Circle, the platform is able to handle 10 million financial operations per second with 40 nanosecond latency on each one. For the user this means that the time of long waits for single transactions is over and done for, there will be no more lagging and cold stops happening when it’s time to route a payment order.
- A New Type of Registration to Prevent Scams
The registration process on Crypto Circle a multi-type verification feature to avid the creation of bots to handle funds and to abide by anti-money laundering laws around the world. Every user will have to check in on the platform using a username and a password that will send out an SMS message to confirm the user was going live. The platform is also programmed to use a number of KYC features to verify the identity of each user such as requesting any form of ID or personal information.
- Heftier Security than Most Exchanges Out There
Crypto Circle can't store the password of their users, and it doesn't allow autocompleting services found on web browsers to do so. Every piece of sensible data stored in the blockchain of the company is encrypted using AES 256 protocols, and CloudFlare protection is used to prevent any attacks based on DDoS. The user can choose additional security by activating 2FA Google customer authentication login. None of these security measures affects performance or delays the platform at all.
As you can see Crypto Circle is shaping up to be a reliable take on exchange services, a part of the crypto market industry that has been neglected for far too long. If you want to learn more about their offerings, you can visit:
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