BRIEF DESCRIPTION OF
HISTORY ABOUT CRYPTOCURRENCY EXCHANGE
Because revolutionary blockchain technology has fully
redefined the concept of "value storage" and fund transfers, we have
witnessed a wave of blockchain-based projects supported by special digital
tokens (cryptocurrency). Thus, amid the rapidly growing landscape of FINTECH,
new markets have evolved that are often known as the "Crypto" market.
The exchange of cryptocurrency is one of the most important components of this
market that facilitates the storage, transfer and exchange of various
cryptocurrency. In addition, crypto exchanges can be further classified into
centralized and decentralized exchanges where centralized exchanges are managed
by teams and more like traditional exchanges or derivative exchanges except
that they register digital currencies and are not controlled by central
authorities.
BEHIND THE CREATION
OF RENOVATO
RENOVATO is a
member of the cryptocurrency merchant group that creates a platform as a very
unique and sophisticated multicrypto exchange with innovative features for all
traders. Post 2017, there has been a very meteoric increase in the number of
cryptocurrency and then as a new investment path regardless of the stocks and
derivatives made. Not only for private investors and traders who profit from
the growing and developing cryptocurrency market, but there are also waves of
institutional investors including big names like Microsoft and IBM who are
entering cryptocurrency and blockchain projects.
CHALLENGES FOR
INVESTORS (INDIVIDUAL / INSTITUTIONAL)
- So lack of
Investment Tools - Blockchain technology has not become mainstream; given
the fact that it is still developing for investors there is a tool available to
limit investing in cryptocurrency. Especially beginners and not so experienced
technology experts and investors investing in cryptocurrency remains a
challenge because most platforms offer or facilitate investment cryptocurrency
does not have an updated and easy-to-use tool to help investors understand and
invest unhindered in their favorite projects and cryptocurrency.
- Exorbitant costs
- The essence of the philosophy that drives the whole idea of creating a
blockchain-based solution is to make value storage and fund transfers safe,
smooth and cost-effective. Conversely, because the market is still in its
infancy, most of the cryptocurrency exchanges and markets facilitate
cryptocurrency exchanges and peer-to-peer fund transfers impose a significant
percentage that reduces returns for the average individual or institutional investor.
This not only has an impact on profitability but is also a challenge for mass
adoption and cryptocurrency mainstreaming and consequently Blockchain
Technology.
- Extreme Market
Volatility - Only in the last week of November 2018, Bitcoin, the top cryptocurrency
lost more than 35% value because Bitcoin began struggling to stay above the $
4000 - lowest after passing $ 17,000 in December 2017. Not only Bitcoin, among
the losing Ethereum also among those who lost the fall of the market is
currently losing around 60% of its value in a few days. Extreme market
volatility and volatile prices dampen investor enthusiasm because they have no
control over market forces which triggers a sharp trend of falling prices even
in the strongest cryptocurrency.
- White List Process
and Complex KYC Processes - Whitelisting with crypto currency exchange
involves complicated procedures, often a KYC process that takes more than a
week. Especially with popular centralized exchanges, users have to wait for
days before they can start or get full access to their newly created account.
Not only is anonymity compromised, but also this complex process makes it
challenging for all new investors and on average to start by investing in
cryptocurrency.
- Portfolio
Management - When it comes to investing in highly volatile markets like
"cryptocurrency" and "digital assets", it is always
advisable not to put all your eggs in one basket. You will be able to see
various merchants that you can follow based on your risk appetite.
BARRIER FOR TRADING CRYPTOCURRENCY
With a large amount of coins, currently more than 1500 different cryptocurrency exchanges ownership in popular exchanges, there are many opportunities for cryptocurrency investors to trade and benefit from exchanging cryptocurrency. Cryptocurrency trading is referred to as cryptocurrency buying and selling motivated by making profits with transactions because of the price of cryptocurrency fluctuations. Unlike traditional stock trading, cryptocurrency trading is not controlled by the central authority and is facilitated by a special cryptocurrency exchange where users can buy or sell cryptocurrency that is registered at a certain market price. In recent years, several crypto currency exchanges have emerged but most have failed to overcome the challenges facing crypto currency traders. In the process of creating RENOVATO, we thoroughly analyzed the problems faced by cryptocurrency traders.
LIQUIDITY AND CHALLENGES OF FUNDRAISES THAT FACE ICOS
More than 800 ICOs were launched in 2018 and with more and more startups and new projects integrating blockchain technology into their business processes, raising funds through ICO is becoming increasingly challenging. With tokenization, getting liquidity to successfully develop new projects with maximum potential is not easy. Blockchain-based projects now have to make significant investments in marketing and promoting their newly printed coins that make fundraising through ICO an expensive business. While crypto currency exchanges can help ICO with their liquidity problems here are the two main problems facing the ICO.
RENOVATO - FUTURE CRYPTOCURRENCY EXCHANGE
Though traditional cryptocurrency exchanges offer trading
and exchange of multiple cryptocurrencies it is time to take the very concept
of a cryptocurrency exchange a step-further. If we are to imagine the future of
cryptocurrency exchanges, we must focus on creating a unique value proposition
for users essentially lacking in most present-day exchange infrastructures.
This is where the
RENOVATO exchange fills the gap by not only eliminating the
challenges facing the stakeholders via traders, investors and blockchain-based
projects seeking liquidity through ICOs, but also offering innovative features
- most importantly, by bringing them all together at one place and a minimum
cost. Including Forex trading and cryptocurrency CFD’s which you can’t hack.
FIAT and CRYPTO Funding
Fund your account with ease and start trading when
RENOVATO goes live after our token sale concludes.
Currency Conversion
Convert Crypto to Fiat and Fiat to Crypto quickly when using
RENOVATO services for a unmatched experience.
Packaged Platform
Trade Cryptocurrency, Forex, Spot Metals, Spot Indices, Spot Commodities, Futures, and Shares easily with Renovato.
Forex Trading
Trade Forex with Renovato and have up to 100:1 Leverage on popular pairs and 5:1 for Crypto.
RENOVATO REVENUE MODEL
RENOVATO will evolve as a self-sufficient profit generating platform with a well-defined and verified revenue model. With no dependency on any third party, with RENOVATO we aim at creating a financially scalable platform with consistent flow of revenue from day one.
MULTIPLE REVENUE STREAMS
We offer a solution for both the new and professional traders that contributes to our many revenue streams:
- Trade Commissions - A certain percentage will be charged for all transactions from traders including Cryptocurrency, Forex and CFD’s.
- Investment Platform Commissions - This includes all blockchain based projects and newly minted coins registering with the RENOVATO for enhanced liquidity and fund raising.
- ICO/STO Exchange Listing Fees - A onetime exchange listing fees will be charged from all new coins seeking listing on the RENOVATO exchange.
- Technology Fees for Providing Liquidity to Outside Exchanges - A separate charge will be levied on outside exchanges seeking liquidity.
- White Label Program Fees– Providing a fully branded service of our platform to new companies looking to get our solution in a box.
- Currency Conversion Rates – Providing Cryptocurrency to Fiat conversion anywhere in the world.
- Interest Charges from Margin Trading and Lending – A certain percentage will be charged for traders benefitting from the margin trading and lending feature on the platform.
PRESALE BONUS 25%
1st week 15%
2nd week 12%
3rd week 10%
4th week 8%
STO HARD CAP REACHED BONUS 25%
TEAM
Who We Are
Get to know the team of enthusiasts who are working hard
and passionately behind this project
For more detailed information you can visit the RENOVATO link below:
[18 February, 2019 – 31 March, 2019]
Twitter: https://twitter.com/Renovato_STO
Facebook: https://www.facebook.com/renovatoexchange
Whitepaper: https://renovato.io/wp-content/uploads/2019/02/RENOVATOFX.pdf
Website: https://renovato.io
ANN Thread: https://bitcointalk.org/index.php?topic=5111555
Telegram: https://t.me/Renovato_Exchange
------------------------------
Author
Bitcointalk Username: saiful
Bitcointalk Link Profil: https://bitcointalk.org/index.php?action=profile;u=858487
Telegram Username: @saiful993
ETH addrees: 0x2BBEEA86F155668d78FB108da0Ff5725B06f6994
