In 2017, the term "digital currency" frequently appeared in our eyes. In just one year, the digital currency led by Bitcoin has risen rapidly. Among other digital currencies, there is a "legendary" that has become a hundredfold or even a thousand times and a million coins. For a time, people around them have achieved financial freedom through speculative currency. A lot of people. Taking advantage of this wave of enthusiasm, the three major domestic exchanges: Fire Coin, Coin Security, OKEX successfully established their own exchange position, and harvested the vast majority of trading users.
The year 2017 is the era of digital currency trading.
Over time, the price of coins began to fall in 2018. Many digital currencies in 2017 either disappeared or approached 0. The decline in currency prices, the difficulty of entering funds, the cumbersome transactions, and the suspicion of users in centralizing transactions. Let the user turn the digital currency from blind pursuit to rationality, which also led to the 18-year currency circle getting darker every day. The volume of transactions on the exchange is declining, and users are starting to force themselves from the digital currency exchange platform!
The digital currency exchange platform is a scenario in which digital currencies are exchanged. The biggest advantage of this type of exchange platform: no need to register a lot of exchanges, just use any currency supported by the exchange platform, you can redeem any other currency supported by the platform (for example: BTC to EOS, EOS to LTC, etc.). Any currency on the platform is connected to multiple authoritative exchanges (such as fire coins, currency security, OKEX) to ensure that the exchange currency price is optimal, eliminating the time cost of users comparing and analyzing multiple exchanges. Trade at the best price in a short time.
At present, the more well-known digital currency exchange platforms on the market are as follows: Changelly, ShapeShift, OKSwap
(1) Changelly - a digital currency exchange platform known as "the fastest way to exchange cryptocurrencies"
According to the real exchange experience provided by the enthusiastic friends: EVS is used to exchange EOS. In the case of both mainstream currencies, the redemption process lasts for 20 minutes and the redemption time is longer. Each exchange fee is 0.5% of the exchange currency. Overall, Changelly has a good experience, but there are details that need to be perfected.
(2) The exchange procedure of ShapeShift platform is simple, same as Changelly, but in the process of inputting the exchange currency address, the user needs to fill in the refund address.
(3) OKSwap was launched in 2019 to support major cryptocurrencies, including Bitcoin, Ethereum and Litecoin, while also integrating several other tokens on its platform.
The benefits of OkSwap:
OKSwap does not add extra fees, hidden fees or other ancillary fees. All of these transactions can be made without an email address and no account creation. And there is no limit to the number of users that can be completed.
The steps are simple:
- Select Currency - Use the drop down window to allow users to select their trading pair.
- Enter your wallet address - OKSwap supports a variety of wallet services. Users enter their wallet address to send and receive funds.
3.Confirm - view the information, then press OK.
4.Remittance - OKSwap will generate a deposit address for users to send money. - Receiving Tokens - OKSwap will automatically find the best exchange rate and complete the transaction through its integrated exchange.
Other platforms have also appeared one after another. In the future, the competition for digital currency exchange platforms will become more and more fierce. Who can develop better, we will wait and see!
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