This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release.
The ExchangeCoin team just announced that they are working on a new cryptocurrency exchange – Xult. When completed they will be able to offer complex services featured on the exchange platform to crypto traders. The new exchange will be powered by their cryptocurrency – EXCC.
According to the information gathered from the ExchangeCoin team, during the past 3 months they have been working on the new centralised exchange – Xult. With the crypto exchanger – Xchange.me, a decentralized exchange (which was the primary purpose of founding the EXCC); the team will create a platform which features complex services for crypto traders. The Xult launch is planned for the Q4 2018.
It means that the ExchangeCoin (EXCC) will be truly utilitized:
- The new decentralized exchange will operate based on EXCC, it will be built on the EXCC blockchain.
- The coin will be used for exclusive services and to get privileges on the platform as well.
- The EXCC coin will be also used as a trading pair for currencies listed on the platform.
It can be recalled that the EXCC blockchain was built as a dedicated solution using the Equihash algorithm, and it was recently made highly secure by implementing the PoW and PoS hybrid consensus.
The EXCC CEO, Sylwester Szczepanek in a statement said, “Work on the centralized exchange started a couple of months ago. We kept it secret as the market of exchange services is really competitive, and we want to make sure the project had reached an advanced stage of development before making an announcement. Now it is only a few months left before the launch so we can share this happy news,” he added, “Thanks to the excellent cooperation with both the IT company specializing in centralised exchanges and lean UX agency experienced in crypto solutions, we are going to launch Xult in the market in less than half a year.”
Read the whole announcement at the excc.co website >>
This is news which confirms the dynamic development achieved by the EXCC team yet again. Only three weeks ago they implemented the new version of the EXCC blockchain by performing the hard fork; it marked the establishment of higher blockchain security, thanks to the PoW and PoS consensus, the new wallet Exilibrium and the opportunities to stake and mine the EXCC coin. Based on these recent achievements, EXCC coin is now ASIC resistant. Two weeks ago the EXCC team announced the bounty program for Xchange.me in the Korean market. And this week it was revealed that the team had established strategic IT partnership with Pragmatic Coders – a highly reputable blockchain software house. Read the latest announcements at the excc.co website >>
Wiktor Głowacki, the EXCC CEO in a statement said, “The second quarter of 2018 marked a period of major changes in our project. We not only decided to extend our services by offering the centralized exchange, but also developed the business and marketing strategies, start the cooperation with external marketing, UX & design teams, and as we announced already, the cooperation with the blockchain software house. It accelerated our progress.” he continued by saying “What’s more, we are transparently communicating the changes, which are influencing our project, to our community and investors.”
The development plan for the EXCC team looks very promising:
- Q3 2018:
Beta testing of XULT – centralized exchange;
Decentralized cryptocurrency exchange development;
- Q4 2018:
XULT – release of the centralized exchanger;
The new version of the Xchange.me exchanger;
- H1 2019:
The first version of a truly decentralized exchange platform;
Complex platform of their exchange services fully implemented!
Have a look at the detailed roadmap at the excc.co website >>
The Exchange Coin (EXCC) was created in 2017 to provide finance in support of an idea to build a decentralized exchange platform. The platform was developed to offer services to semi-professional cryptocurrency traders. The ExchangeCoin is one of the rare cryptocurrencies with a value reflected in the features of real products. It is similar to the traditional market and stock exchange setting. You can find more information about the Exchange Coin by visiting www.excc.co.