There is no longer in doubt, cryptocurrency is the new means of exchange. International fund transfers are more than ever routed through Bitcoin and other crypto-exchanges. The fledgling industry is most unfortunately plagued by scams and other fraudulent practices. The need for security and regulation of the cryptocurrency industry has dominated headlines since the last quarter of 2017. Both governments and well-meaning individuals have taking steps to improve on the security of investors and users of the cryptocurrency world since then. One of such steps has led to the birth of Eterbase in the last quarter of 2017, from the heart of Europe.
Although not stated as such, but what seems to be the mission statement is quite impressive.
We have designed our exchange platform and membership protocol to accommodate a wide variety trading of needs, with the intention of solving a number of key problems and common annoyances affecting the quality of trading experience on the first wave of digital asset exchanges.
I will attempt to briefly express what motivates me to feel Eterbase is a wonderful project.
WHAT IS ETERBASE?
ETERBASE prides itself as Europe’s premier digital assets exchange. It is a cryptocurrency platform with a focus on multi-asset support and regulatory compliance exchange. ETERBASE is building a robust and fully compliant platform that offers a bouquet of B2C and B2B cryptocurrency-specialized solutions. You have range of high-frequency trading platform capable of real-time spot trading and margin trading, over-the-counter trading, and high frequency server hosting with a direct-market access and incentive system for market makers. Eterbase is also solving issues facing optimal performance of exchanges in contemporary cryptocurrency market expectations. These challenges are noticed in the form of (1) Market requirement, (2) Technology, (3) Client support, (4) Fiat to crypto exchange, (5) Trading volume, (6) Asset security, (7) Trading fees, and (8) Listing requirements.
Acquaint yourself by reading their blogs https://www.eterbase.com/post/introducing-eterbase .
WHAT ETERBASE HOPE TO DO
The blockchain exchanges are decentralized, and such comes with high cost. Eterbase on the other hand is a centralized exchanges of the second other. They have taken not of the challenges encountered by decentralized exchanges as well as the fears of a centralized exchange in designing this project. See full article here https://www.eterbase.com/post/why-a-centralized-exchange
As a way of fulfilling the promise of meeting the challenges highlighted above, ETERBASE will be able to issue fully operational International Bank Account Number (IBAN) to its clients on the individual basis. This is to ensure that the control of your assets is in your hands.
Eterbase exchange aims to deploy a global low-latency trading experience by using a redundant and horizontally scalable architecture for the account management system. This will guarantee an Ultra-fast trading within a highly scalable modular architecture capable of millions of transactions per second.
The official registered office is in the heart of Europe. Eterbase AG has its registered office in Vaduz, Liechtenste. The company is limited by shares (Ak-tiengesellschaft) and is entered in the Liechtenstein commercial register under corporate number FL-0002.570.473. This is a sure proof of existence, making Eterbase a real company, verifiable in Europe.
HOW DOES ETERBASE ACCOMPLISH THIS IDEA?
Eterbase, being a well-conceived project has outlined a two phase implementation plan for the optimal achievement of the project. The well-articulated project, Eterbase is to be implemented in phases; phase 1 and phase 2.
Phase 1 is tagged Crypto-to-Crypto in 2018, and phase 2 is Crypto-to-FIAT in 2019 subject to necessary licensing. The series of implementation is explained in the roadmap.
CONCLUSION
We know that the adoption of cryptocurrency into mainstream is sluggish. Yet, it is definite. What the industry need is a strong and secure exchange which will respect the objectives of both the investors, enthusiasts, and the regulators. Eterbase has definitely positioned itself into satisfying the needs of all stakeholders of the cryptocurrency space. It is worth investigating. Here are links to official contacts.
Website: https://www.eterbase.com/
Whitepaper: https://www.eterbase.com/whitepaper
Social media: https://www.reddit.com/r/ETERBASE/, https://www.facebook.com/eterbase/, https://www.linkedin.com/company/28589703/, https://t.me/eterbase, https://twitter.com/eterbase, https://discord.gg/S62VK6p, https://www.eterbase.com/youtube
Author: MainIbem
ETH address: 0xCE957de5c671e914604e8C0d0842Ebf8444F6144