Stoxum is the world’s first hybrid cryptocurrency exchange

Maniecool

Stoxum is the world’s first hybrid cryptocurrency exchange with aggregate pool of liquidity which combine speed of centralized solutions and the reliability of decentralized where the owner of exchange with the right to receive income is each holder of the official token STM.

What is “cryptocurrency exchange”?

Cryptocurrency is a set of technical tools, registrations, statistics, financial transactions, deposit/withdraw, which are implemented in the software of the site.

Exchange users conduct transactions for the purchase and sale of digital assets, thereby forming the value of the “electronic goods” with the help of supply and demand tools. In modern world the exchange determines the future prices of goods, which, due to price transparency (a mandatory condition of the exchange) and the modern development of the media, become known to a wide range of stakeholders in this and that niche of the market, both sellers and buyers. Prices are affected by everything: supply, demand, information about the goods (token) market conditions, competition conditions, market information, political events and monetary policy of countries.

We believe that the interest in cryptocurrency assets and sites for work with them will increase as information spreads across all countries of the world and increasing the number of blockchain projects.

What is “White Label”?

This solution offers a finished product that does not require additional investment to create infrastructure, conduct research or technical work.

Stoxum White Label “from box” offers an opportunity to implement its own exchange, which has the necessary set of tools, technical and liquid basis in order to deploy projects quickly under its own brand.

OBSTRUCTIONS

There are a number of obstacles that prevent a wide range of users from accessing the use of cryptocurrency instruments.

There is no complete clarity in the regulation of cryptocurrency in many countries. The attitude of governments to regulatory issues can affect the quantitative levels of potential users of the platform. Nevertheless, the overwhelming majority of states somehow work on draft laws that if they do not untie their hands, so they will bring a clear understanding to the regulation of financial transactions with the cryptocurrency through licensing or control.

Restraining factor may be a problem with volumes of liquidity. A prolonged drop in the market may frighten new users, which will force them to refrain from using cryptocurrency tools.

We believe that the solution of these potential problems that were outlined above is only the time that is necessary for the legislative regulation of the market, which will lead to an increase in volumes and the trust of users.

Advantages for token holders

Как было описано выше — каждый держатель становится владельцем доли в As it was written above, each holder becomes the owner of a share in the project which allows him to receive a constant profit. However, this is not all the privileges that are available to such users:

Access to the full financial reporting of the project online
The ability to influence voting for adding new tokens to the site
The possibility of creating White Label solution, having on its account a sufficient security stock of tokens
The possibility to take part in the moderation of content and chat rooms on the portal
Further increase your income with a multi-level partner program
Receive bonuses and privileges, related to the amount of commission for trading and the withdrawal of currency

In this model of relations between user and exchange, each token holder is interested in developing the site, so we assume that users are able to become the main social and marketing core of the project, attracting traffic to the site through the partner system.

This system has shown efficiency on the example of the Binance site, which has achieved such rapid growth precisely because of its profitable partner program.

Advantages for the trader

For comfortable use of the product, the trader needs to observe several important qualities of the product: ease of use, ease of interface, speed, lack of technical problems and operational support.

Each trader will have access:

Clear and accessible interface

Because of many years of experience working on cryptocurrency exchanges we have created an interface that is intuitive even for the beginner and the quality of the technical implementation of the product minimizes the number of technical problems that can cause the user to use technical support.

Registration
Any user can be registered on the platform by entering an email address, nickname and password. All users’ information is secure and exposes to terminal encryption which will make it impossible for the user to associate with any financial transactions or purses in the event of a database theft.
Internal currency purses

Immediately after registration each user will receive a list of unique personal purses for each currency that is traded on the service. It is a classical purse in the blockchain system that can be used without problems to receive and send funds to any third-party purses. Also these purses are suitable for mining.

Deposit and withdrawal of cryptocurrency

Each user can make financial transactions between the purses of any platform that supports the selected currency.

For every operation to withdraw of funds to third-party wallets, a commission is charged in favor of the exchange which is regulated by the internal policy of the platform.

Creating orders and exchange operations

Stoxum developed a unique system, creating a single order pool for all participants of the ecosystem. All orders created on the original Stoxum platform will be reflected in White Label solutions and vice versa.

Stoxum, like any classical platform, will charge a commission for exchange operations of 0.2 %. White Label projects have the right to change this value at their own discretion within the permissible limits both in the large or in the small side.

Internal transfers between users

Each user will have the opportunity to transfer funds to another person by creating coupons with a unique secret identifier. This is the most simple mechanism for the client which is carried out without any commission. This function will be useful for exchangers and in cooperation with any third-party services

Chat and moderation

For every registered user after recharging the system for a certain amount, a common chat message will be available, as well as a system of “karma” which will allow users to participate in content moderation.

Two-factor authentication

Although the platform fully encrypts all data on its side, so we strongly recommend you to protect yourself from hacking and user-side by connecting two-factor authentication through popular applications.

The company’s policy states that the platform is not able to help in case of a hack, unless the user has established additional methods for protecting the account.

Personal cabinet and the history of operations

Each registered user gets access to the office where all financial operations are personalized, also there is the ability to change the password, specify or change individual information about the user.

Online support service

Each user will receive prompt help on any technical problems or issues related to the interface.

Advantages for owners White Label

Operators will have access to the product which will have its own user base. Each provider will be able to customize the version of the product “out of the box” at will:

Visual change of components stylistics of the frontend
Total pool of turnover at once “out of the box”
Set up commissions for trades
High percentage of partner deductions: 60-80%
Adding/deleting of available cryptocurrency pairs to own ones
Introduction of the opportunity to conduct operations with fiat funds: make deposits, withdrawals and exchange operations with cryptocurrency
Organization of the verification process on the platform for legalizing your own product
Because of the open source code users can implement any new functional solutions at their discretion
Establish own commissions for bidding and any other operations
If it is necessary, add work with fiat currencies through the implementation of their own logic

STOXUM TOKEN

The basis of Stoxum ecosystem is the STM cryptographic token which is the fork of Ripple that has established itself as a fast and reliable block system.

Purpose and procedure for the use

Token STM is a component of the Stoxum platform as many actions within the ecosystem of exchange require its use:

Tokens are “shares” of the platform. Each holder of the token has the right to receive profit from the exchange’s income in accordance with its share.
Tokens are the currency of commission payment for attracting users at the ICO stage
The user must have a security stock of tokens for performing operations such as voting for the addition coin, as well as access to moderation tools in the chat rooms.
The users, who intend to use White Label, must have a security stock o tokens on their account.

Technical Implementation of Token

Token Stoxum (STM) is the fork of token Ripple which has become the standard for use in the financial sector and ideally meets the challenge of developing.

The standard of Ripple allows producing up to 1500 operations per second and also making full use of the entire ecosystem and infrastructure, which includes electronic wallets and exchanges. Open source code allows to customize the blockchain with the needs of the Stoxum platform.

The task of Stoxum and economic system

The main task of Stoxum is to implement a stable relationship between the platform and users who are holders of the official tokens. Since the holders of tokens receive revenue based on the financial indicators of the project, it is in their interest to exert any efforts to increase liquidity, attract traders and improve functionality.

To build a successful economic model, it is necessary to create additional conditions for increasing demand. We expect that such a closed system will serve as a significant catalyst for the cost of the token. The higher the financial performance of the exchange is the higher is the price.

A simple marketing model will help to realize the real benefit of buying a token, creating the illusion of buying a share in the company which makes it possible to make profit on a daily basis.

STM acts as an internal currency both for performing the operations necessary for the operation of the Stoxum network: commission, partner payments, dividends, etc. Also it acts as the base currency, which is "shares".

Like any other token, STM is subject to fluctuations and its price varies depending on demand / supply, as well as on liquidity and volatility.

TOKEN DISTRIBUTION