BENEFITS OF RUBY EXCHANGE.

thaddaeus (41)in #blockchain • 6 years ago

INTRODUCTION
The implementation of the blockchain technology has really advanced the financial sector, paving the way and giving rise to different types of cryptocurrencies with their own specially packaged abilities. With the emergence of these cryptocurrencies, the need for an exchange platform is highly vital.
A cryptocurrency exchange is an online platform where one can swap a crypto for another or for Fiat money.
There are lots of exchanges out there but the Ruby Exchange also known as Ruby-x is particularly amazing.
This article will explain all about the Ruby Exchange project.

WHAT IS RUBY EXCHANGE (Ruby-x)?

Naturally, Ruby is a type of fiery looking gem and the second most solid precious stone after the diamond, the stone (Ruby) has always been considered as a stone of passion, it is thought that this precious gem enhances encouragement and the setting of goals.
The Ruby Exchange platform goes/behaves exactly as the stone itself is considered to be, the Ruby stone is transparent and unbreakable which is exactly how the Ruby-x itself aims to be.
Ruby-x will have the following amazing features;

Transparency in transaction
Expandable network reach
Highly unbreakable functions

BENEFITS OF RUBY-X

On the Ruby Exchange, not only cryptocurrencies can be exchanged for another crypto or Fiat money, this platform also allows the exchange of cryptocurrencies for funds, technology and informations and vice versa.
It will have an inbuilt learning algorithm so that new users in the exchange field can be able to quickly learn and easily access it without any difficulties. To see to the maintenance of this learning mechanism, Ruby-x will team up with universities and experts of this field so that the technique will always be up to date.
To make trading go wider, this exchange will enable the use of multi- key currencies.
It is an easy cryptocurrency to cash converting platform, so that anywhere you are in the world, paying for goods/services will be made easy with the simple use of the Ruby-x mobile app.
With the Ruby-x app, users can enjoy a hassle free environment.
New ICO's/airdrops wanting to gain popularity in the form of promotion can bring their program to the Ruby-x platform so that their project/tokens can gain more popularity.
Unlike the current exchange high fee that charge extremely high fees for transaction, Ruby-x fee will be reasonably small.

Since the Ruby stone is the world's most transparent gem, Ruby-x also aims to be so in the sense that, the users of the platform will be able to see real time transaction histories done on the platform and Ruby-x will be incorporating with Amazon Web Services (AWS) to create and ensure a stretchy volume of traffic with an unbreakable server so that the platform will never get congested.

RUBY TOKEN (RBY).
This is the internal cryptocurrency of the Ruby-x ecosystem. The token is a utility token and will currently be on the erc20 wallet for now until the launch of the exchange in 2021. RBY will be used to establish the decentralized community and can either be traded or exchanged with other major crypto/fiat currencies. Fees to be paid paid on the Ruby-x will be in form of RBY token.

Advantages of RBY Token.

The token can easily be exchanged with any other listed cryptocurrencies once the service get launched.
Top 5,000 RBY holders will get the share of 10% revenue every quarter of each year, so hurry to get yours and be part of the lucky 5000's.
The continuous and widespread use of the RBY tokens will boost the development of Ruby-x and the token will be more liquid to it's holders.

RBY TOKEN DETAILS
When the official exchange gets lauched on 18th September 2018, 1RBY will be worth $0.05. Only 10% of the token total supply will be available to the public which is 2 Billion RBY tokens it will be on sale without soft cap though.
The RBY token crowdsale will start on the 10th of August to 17 of September, 2018 with a starting price of $.022 to $0.44.

Token And Fund Allocation

To participate in the token sale, click here: https://token.ruby-x.io/#
Endeavour not to miss out on this wonderful opportunity, invest, trade or hodl as this token will boast of higher liquidity in the future.

PROJECT RUBY-X ROADMAP