Review on xCrypt by Rotimi Isaac Adeyele
My review on xCrypt
The Xcrypt exchange began as a semi-decentralized exchange in 2019, when it was registered and licensed under Estonian law. Most exchanges have had hacking incidents in the past, but Xcrypt is an exchange that has implemented sufficient security elements to ensure that it stands out in terms of security and the quality of service provided to users.
*Support for ERC 721 and ERC 20 technologies
*Offline encryption of users' private keys are only a few of the elements employed to improve the exchange's security.
*Encryption of passwords with Salted SHA-256
These features were sufficient to safeguard users, their information, and their funds. Low trading fees, excellent customer service, liquidity, and quick transactions were also features of the exchange, which processed about two million transactions per second. The exchange, on the other hand, is a multilingual exchange with trading opportunities for international investors.
In terms of these exchanges' utility tokens, Xcrypt has its own, the Xcrypt token, which is an ERC 20 token with approximately 200,000,000 coins in circulation. It was impossible to register on this exchange, based on my experience at the time of writing this review. When I went to the URL, I saw a message at the top that said "page under maintenance." This appears to have been going on for a while, because CoinGecko also noted that the exchange, along with the IRS utility token, had been inactive for about two months. If it had been alive, the Xcrypt exchange would have offered a smooth trading experience to all users.
Pros
- No positive talk on this platform since it's no longer active
Cons
- It's no longer active
New products
Comments (1)
June 02, 2021
These features were sufficient to safeguard users, their information, and their funds. Low trading fees, excellent customer service, liquidity, and quick transactions were also features of the exchange, which processed about two million transactions per second. The exchange, on the other hand, is a multilingual exchange with trading opportunities for international investors.
