TOKENMOM:- ADVANCED DECENTRALIZED CRYPTO-CURRENCY EXCHANGE

lekato (12)in #ico • 5 years ago

BITCOIN, been the primary blockchain based digital-currency created as a member to member transaction system that allows its customers and users globally to have a smooth transaction without any involvement of third-party agents or government authority. Transaction processing are always in charge of the unknown miners which has helped improving the transaction procedures and check all form of illegal activities like, INSECURITY, LACK OF TRANSPARENCY and FRAUD among others.

The automated issuance mechanism of BITCOIN through mining also seeks to get rid of the control of cash printing from privately owned banks that gives the printed money to the government with the aim of getting back the interest from the GOVENRMENT which this processes has led to collapse of the global economy some years past. Today we have all deviated from the main goals of launching a digital currency which is to eradicate central control of transaction. Today majority of crypto-currency users still uses the services of the third-party through the use of the centralized exchange platform. All these will be rectified through the launched of TOKENMOM decentralized crypto-currency exchange platform which gives users full access and control over their funds and assets in the exchange. In TOKENMOM decentralized crypto-currency exchange, users and traders don’t have to register and deposit funds into the platform but rather the use of customers seeds/mnemonic/ private key and its wallet address will be used to innitate any transaction in the platform. I know you must have been wondering how secured the platform is for you to have imported and use your metamask information on the platform. I have personally used this platform to carry out series of transaction in which I have found the services of TOKENMOM decentalized exchange to be the best of all I have ever used.

Though I wouldn’t reject the facts that CENTRALIZED crypto-currency exchange are smooth to use, smooth to get entry into it and as well offer advanced buying and selling functionalities like margin trading and others, but at the same time they posed a lot of threats to the funds and assets of the users and traders. Have you ever imagine waking up one day and the platform has collapsed and due to hacks or attacks in which traders funds would be stucked in the centralized exchange platform because once the security alert is been raised the whole platform will shutdown withdrawals of funds till the whole issue is been rectified which mightr leave traders with no other choice than to wait till the issues would be rectify. With decentralized platform when ever there is any issue of attacks which is very rare in decentralized platform, traders can easily go to other exchange and make use of there SEEDS/ PRIVATE KEY and MNEMONIC key and continue there daily trading activities which means the attacks on the previous decentralized exchange platform has no effect on the traders of the platform unlike the Centralized platforms.
Hacks is a very common events in the crypto-currency exchange in which the some of the traders have lost thousands of their savings to hacks and attacks on crypto-currency exchange.

Some of the advantages of TOKENMOM decentralized crypto-currency exchange are;
ERADICATION OF SIGN-UP PROCEDURES:- TOKENMOM has eradicated the processes of signup that always occur in the centralized platform. With the introduction of decentralized platform, traders can easily access the platform with their wallet address and keys to carry out all the trading activities. The traders become anonymous in the TOKENMOM trading platform because the identity of the traders are not known. This approaches gives traders and users full acces of their funds and token in which this the main reason why crypto-currency is been launched to eradicate the third-party services and likewise introduce anonymous transaction which are not control by GOVERNMENT or central authority.

Another advantages of using TOKENMOM decentralized exchange is the complete eradication of KYC which is been introduced in the centralized platform. We all keep preaching about digital currency and the transaction which is suppose to be in an anonymous way, but today it surprises me when I see crypto-currency exchange platform demanding KYC from its users before trading can be done in the platform. Today TOKENMOM exchange doesn’t required any form of KYC or identity before customers can trade. All the customers data and information are known to the customers themselves in which no other person have access to customers information.

Another advantages of TOKENMOM decentralized platform is the eradication of DEPOSIT/WITHDRAWAL in the platform. With tokenmom exchange platform traders can easily trade in the exchange without any new deposit again. The previous balance of the traders will be displayed in the system once the traders login with their address. This method will reduce the stress and difficulties of deposit and withdrawal in the centralized platform.
TOKENMOM decentralized exchange has implemented an advanced security measures to secured the traders address information such as the seeds, mnemonic and private key.
Another features is GOOD USER INTERFACE which means that both old and new traders (newbie) will be able to trade and navigate the entire TOKENMOM platform without any issues or difficulties.
Other important features include , Low trading fees, multi-language support which means traders all over different regions will be able to use the platform through the selection of their preferred language

TOKENMOM TOKEN DETAILS
This is a native token launched in the TOKENMOM platform that users will be able to use for all form of trading activities. The token is already trading in the platform in which investors and interested members can easily go through TOKENMOM decentralized exchange and buy as many as they want.

TOKEN DETAILS & DISTRIBUTION
Token Symbol => TM
40% Allocatted to TOKENMOM users
30% Allocated to founders and team
20% Allocated to price stability and maintenance
10% Allocated to reserve funds

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