EXTRADECOIN - Trade and Play

kofoadams (33)in #blockchain • 6 years ago

THE PROBLEMS EXTRADECOIN AIMS TO SOLVE
Many payment methods are not accepted worldwide or in some countries of the world. The regulations for international transactions are quite complex.
Gamers need to go through intermediaries/ 3rd parties to make a payment in game e,g Banks, Financial companies ...; This causes high transaction fees, long transaction times. The higher the volume, the more transaction costs are incurred.
Deposit/withdrawal limits.
Gamer’s security is rather low. Account information is vulnerable to hacking or the risk of being exposed by game developers (aka private information trading)
In traditional games, the digital assets that gamers possess are stored on the developer's server, i.e., the gamer does not own it, and game developers can interfere or delete the player's account at any time without any reason or warning.
Transfers between players are limited.
Extradecoin is an exchange platform for the cryptocurrency. Extradecoin is created with the desire to provide a quality, reliable and secure financial platform for investors. In addition, we strive to bring the latest technology platforms with the best user interface experience on the Extradecoin platform and at the same time build ecosystems to maximize benefits for the community.

Furthermore, the goal of Extradecoin is to bring the latest technology platforms with the best user interface experience and at the same time create ecosystems to make the most of the benefits to the community. Extradecoin connects sellers and buyers. Anyone can trade cryptocurrency on our platform easily. Extradecoin will provide free analytics reports to clients helping customers trade effectively. This is also one of the special features planned for customers in our ecosystem. In addition, Extradecoin will have a high Interactive Broker (IB) commission policy that will offer up to 30% of transaction fees received by Extradecoin per transaction.

Extradecoin uses the security mechanisms of Amazon Web Services. System Extradecoin require authorization of the account identification of the customer and security 2FA to log in to the system. Different individual systems cannot communicate with each other unless they are approved and monitored.

Extradecoin services wallet with multi-signature client accounts. Multi-signature is a high-tech technology to ensure personal information security. These wallets will consist of two private keys: one of them belongs to the user, and the other - Extradecoin. All private keys will be stored on a separate server.

The Extradecoin platform is built to be efficient data, convenient and integrated with most devices including:

Web-based trading clients
Android and iOS mobile apps
Transaction Application on a Windows PC (Windows Genuine Client PC)
HTML5 mobile website (Mobile HTML 5 Client)

FEATURES OF EXTRADECOIN PLATFORM
Still Wallet
Extradecoin offers a wallet service with several signatures on client accounts. These purses will consist of two private keys. One of the keys belongs to the user, and the other to Extradecoin. All private keys will be stored on a separate server.

Security
Extradecoin uses the security mechanisms of Amazon Web Services. Thus, for authorization, it is required to pass the procedure of customer identification and security 2FA. Different individual systems can not interact with each other if they are not approved and not controlled.

Margin Trading
To increase profitability for investors, Extradecoin supports them make margin trading on the platform. Margin trading allows the trader to open a position with leverage; they can trade margin with double the amount of deposit. Besides, investors are required to pay a margin fee. This fee depends on the time that investor makes the transaction and the amount of deposit.

Token Play
Extradecoin understands users’ needs for entertainment hence we have integrated our Game ecosystem into the platform trading platform. Investors can not only trade coin, exchange on the platform but can also play games on the Exctradecoin’s Blockchain platform. And TokenPlay is not just entertainment; Gamers can make money from Extradecoin 3 Worms - Dice Game - Diamond Game - Kitty Meow

Listing ICO
Integrate and introduce new ICO projects to the community. Investors can use ETH to buy ICO project tokens they want. These ETH will be transferred to the ICO managers, and they will transfer the token back to the investor. When the ICO ends, investors can use this token to trade on Extradecoin.

TRADING PLATFORM
Ability to process
Extradecoin's integrated platform will produce ultra-fast processing speed, which will enable the market to get high liquidity. Thus, cash flow continues to be processed and no transactions are helpful because of the long waiting time.

The main function
Extradecoin will enable investors to trade spot through limit orders and market orders. In addition, we will do so in favor of margin trading with high margins that we integrate with the loan platform. In the near future, Extradecoin will also build decentralized exchanges. Through a decentralized platform, investors can do the transaction cryptocurrency without restrictions. Extradecoin will develop new trading models, including transactional decentralization on Blockchain to meet different investment requirements.

Multi-language support
Extradecoin will support common language on all user interfaces. The initial release will include English and Chinese, followed by Korean and Japanese. Other languages will be added to Extradecoin later.

BUSINESS MODEL
Extradecoin connects sellers and buyers. Anyone can trade cryptocurrency on our platform easily. If customers use our ETE coins to transact, they will get the lowest benefit you get on the platform is about 0.01% (ETE) compared to an average of 0.05%. Whether you place a buy or sell order, we will not charge a deposit fee. The withdrawal fee will be calculated according to the current tariff change. Extradecoin will provide free analytics reports to clients helping customers trade effectively ... This is also one of the special features planned for customers in our ecosystem. In addition, Extradecoin will have a high Interactive Broker (IB) commission policy that will offer up to 30% of transaction fees received by Extradecoin per transaction.

"Extradecoin plans to work with major insurance companies around the world to offer insurance packages for customer assets stored in the Extradecoin database."

EXCHANGE SECURITY
Extradecoin trading platforms will utilize the most up-to-date databases and mechanisms currently used by large banks around the world to conduct transactions every day. This will ensure transaction reliability and information privacy. All activities for transactions, payments, deposits, and withdrawals will be strictly observed. The Extradecoin system will always ensure that all transaction activities are error free.

TARGET AUDIENCE

Users
Extradecoin will assist users in purchasing most of the available cryptocurrency in the market. We offer services with the lowest transaction fee, minimum withdrawal waiting time, fast transfer process, and immediate placing orders.

ICO Developers
Extradecoin supports new ICO projects in the process of opening and call for funding. We assist customers in choosing and investing in an ICO project. We also help investors in reselling token even if the ICO project is still going. Once the ICO is completed, investors can continue to trade this coin on Extradecoin. By doing this, Extradecoin helps ICO community to expand hence increasing the liquidity and value of the token.

Traders
Especially, to increase profitability for investors, Extradecoin supports them make Margin Trading platform on the Extradecoin exchange. Margin Trading allows a trader to open a position with leverage, and the trader can trade margin with double the amount of deposit. As long as the minimum amount of capital is $ 1000 corresponding to the value of the coin that the trader wants to trade, they can trade margin on Extradecoin.

Gamers
Token Play is a place for investors to become gamers, both entertaining and making money. Token Play is a game based Blockchain ecosystem that Extradecoin developers create to overcome the weaknesses of the traditional gaming industry. This platform will create a fair and transparent environment with high security. Token Play ensures gamers complete peace of mind when playing games, deposit/withdrawal coins or storing gadgets as well as coins from games. Token Play not only brings entertainment to gamers, but also creates additional value or even “investment” value for them.

EXTRADECOIN TOKEN
The ETE token is the ERC20 token utility, which serve as a means of using the Extradecoin platform. This token will allow its owners to use all the functionality and tools of the platform. Investors can use ETH to purchase ICO tokens. These ETHs will be transferred to ICO managers, and they will pass the token back to the investor. When ICO is over, investors will be able to use it for trading on Extradecoin.

Extradecoin will support transactions in popular coins, namely, BTC, ETH, USDT, XRP, LTC, NEO, ADA and especially ETE. A list of supported cryptocurrencies will be expanded. Extradecoin will only support highly reliable, appreciated, and cryptocurrency fluids. They will add exchange rates for registered cryptocurrency for listing in Extradecoin after the end of ICO. This will help increase liquidity for ETE currency traders and investors cryptocurrency increase our coin value, prompting other ICO projects to be listed Extradecoin.

There are 5 phase we are plan to issue token.

The first phase, 15% of the tokens will be issued to the founding team;
The second phase, 10% of the token will be issued to advisors and angel investors;
The third phase, 5% of token will be issued for Bounty & Airdrop programs;
The fourth phase, 20% of token will be issued for Pool Game - Token play;
The final phase, 50% of the tokens will be sold publicly.
Extradecoin is aimed at increasing the profit of its investor users. Also Extradecoin supports them in trading margin on the platform. This trade will allow the trader to open a position with a lever; they can trade margins with a doubled deposit amount. In addition, investors are required to pay a margin. This fee will depend on the time that the investor spend on the transaction and on the amount of the deposit.

Token Details
Token Name - ETE
Standard token - ERC20
The total number of tokens issued is 250,000,000
The price of the token for pre-sale: 1 ETH = 6000 ETE
Bonus - 20%
An additional bonus when buying for more than 100 ETH, the bonus will be 30%
Accepted currency is ETH
Cost of the token on the ICO: 1 ETH = 5000 ETE
The bonus will be 10%.
Soft cap: 5 millions USD
Hard cap: 10 millions USD

Token Distribution