XChangeCoin (XCC): ICO Review

What is XChangeCoin?

Currently, it takes about 7-15 days to receive funds from traditional exchanges. This can be problematic, especially for users who need the funds during emergencies.

XChangeCoin ICOAlso, the processing fees can take a huge toll as well. Due to the inclusion of middlemen and agents, these fees can discourage users from exchanging.

XChange allows for a 10% fee for cryptocurrency trading. Once a customer provides their cryptocurrency to its property reselling software, it sells them in the market at the highest rate. Users will be able to have their crypto exchanges at a market price and reduce fluctuations.

XChangeCoin is a project that plans to build a network of kiosks. These locations will allow users to exchange crypto to fiat at XChange locations. With this platform, users can trade their currency quickly, which helps people in third world countries deliver fiat money to their family.

Additionally, XChange uses blockchain technology to enable smart contracts. The smart contracts are used to ensure that each transaction works properly. With the smart contracts, it prevents fraud and fake transfers from occurring on its platform.  XChange’s Team promises to have a decentralized, yet secure exchange system once its project reaches completion.

Aspects

  • Peer to Peer Technology: XChange uses Peer-To-Peer technology that uses the symbol XCC to trade. The transactions will occur on major crypto exchanges while being an alternative for fiat currency. This helps promotes community governance, mathematical trust, and distributed data designs.
  • XCC Blockchain Setup: XChange is planning on making a Memorandum of Understanding for its network. This gives it the ability to work with one of the top mobile companies in Africa to help with the conversion process. As a result, it will make converting from crypto to fiat as easy as going to an ATM.
  • Smart Contracts: XChange Coin uses smart contract to facilitate all transactions that occur within its ecosystem. They allow for transactions to process without the need of third parties and traditional exchanges.

Token Information

  • Website: View
  • Whitepaper: Read
  • Fundraising Goal: N/A
  • Sale Dates: August 1, 2018 – August 6, 2018
  • Price: 1 XCC = 0.01 USD

Bounty0x username: thetechinsiderorg

Positives
  • User Advantages: You can receive adult dating partners and services on Ken Coin. Through transacting coins, users can get involved in an adult social media network.
  • Merchant Wallet: The encrypted wallet adapts to the merchant’s needs. The wallet will obtain Kencoins live. Since it’s on Ethereum’s platform, all of the transactions are instant. Which is faster than Bitcoin’s 45 minute transaction time.
  • Payment Gateway: Kencoin partners will have a proprietary and customized payment gateway created by their developers. The payment gateway is based on scalability and will continue to operate and adapt to over a million users.

Negatives
  • Competition: There are other adult industry ICOs that are in development. How will Kencoin surpass their rivals?
  • Reputation: Since its an adult token, it might have a harder time receiving the mainstream market’s opinion. While it’s a transparent project, it will have to do a lot to become fully accepted as a valid cryptocurrency.

XChangeCoin
4.1

Summary

Overall, XChange Coin is the best platform for fiat to crypto conversions. It allows users to use cryptocurrency to pay for bills, mortgages, and other exchanges. We don’t know how the project will end up, but we hope that it is successful in the future.

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Adam Cole has been a crypto enthusiast for years. First getting involved in Bitcoin mining in late 2010, he has now diversified his portfolio and dug deeper into the alternative coins of the space. As new and exciting ideas arise in cryptocurrency, Jeremy is always looking for the next big thing and a coin which not only appreciates in value but also has a steady increase in use and demand. Jeremy has seen the rise of coins such as Ethereum and by studying the technical and fundamental side of ETH, he has learnt how to find similar coins that are likely to have a bright future.

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