What we do Exchange Union ?
Exchange Union makes a strategic investment in digital currency exchange. With synergies within the union, XUC will be listed on the market every exchange. Shortly after the launch, the Exchange Union will establish a chain of trade unions.
Users can easily buy digital currency across the bourse in union at a favorable price. Finally, the barriers between the exchanges will be broken. Price discovery, cross-regional trading, clearing, deposit and withdrawal can be done easily at the union. Meanwhile, exchange in unions will benefit from high liquidity and a broad user base.
Our Mission
Establish all digital currency exchange around the world and realize exchange of investor exchange, exchange clearing, deposit and withdrawal between various currencies and digital assets.
Improve trade efficiency and exchange performance and realize the market-oriented distribution of digital currency liquidity and best price quotes.
First, bridging the exchange in all matters of trade, deposit, withdrawal and clearance by agreement between digital currency exchange and establishing interconnection and interwork mechanisms and rules. Immediately after that, build the Exchange Union Chain and realize the full interconnection between digital currency exchange through blockchain techniques.
Why invest in Exchange Union Coin?
Expert partnership among the international exchanges, XUC will go public on exchanges within 2 months after the end of ICO. XUC liquidity premium, high trading liquidity on secondary market increases token price. XUC universality premium, XUC can be accepted by majority of exchanges and used as clearing intermediary. Relatively large discounts of trading fees within exchanges. Value increase brought by deals on credit and margin trading.
Technical mechanism
- Architectural diagram
2. User Case
Technical process
1. First step
a) Invest in digital currency exchanges around the world
We will make strategic investments in digital currency exchanges in order to build the Union.
b) Synergies will be developed amongst members of the Union (on a contractual basis).
- XUC will be traded on exchanges in the Union.
- On the backend, the Union will have a unifed system which contains, for example, order books; customers portfolios; KYC information, etc.
- Intra-union communication and information sharing will be executed by HTTPS/WSS/FIX.
- Clearing within the Union will be done through XUC.
- User Case scenario: Alice will pay the trading fees with a cross-exchange transaction by XUC. The trading fees will be shared between Exchange A & Exchange C according to the rules and agreements within the Union and will make real time clearing.
Why XUC?
No exchange has the complete list of diferent digital currencies. XUC serves as a “universal coin” among cross-exchange and multi-currency trading.
2. Second Step
- The Union will build the Exchange Union Chain and set its own consensus algorithm. To be considered valid, transactions will need to be approved by at least 80% of the Union. This process should take less than 1 second.
- More information is recorded on Exchange Union Chain block to increase its credibility and reputation. For example, trading, deposit, withdrawal, KYC information, etc
Core Team Uss :
For more information, please visit our official website below :
Website : http://exchangeunion.net/
Whitepaper : http://www.exchangeunion.net/white-paper.pdf
Slack : https://exchange-union.herokuapp.com/
Twitter : https://twitter.com/exchange_union
Facebook :
https://www.facebook.com/Exchange-Union-Coin-2021610481402702/ sw_fnr_id=1025976262&fnr_t=0
ANN Thread : https://bitcointalk.org/index.php?topic=2028383
Post by : Dico88
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