ExtStock Cryptocurrency Exchange was founded in 2018 in the UK. From the first day of work, they have set the highest quality standards, which gives theyr customers tangible advantages in the cryptocurrency trading. Their API allows you to process up to 1000 applications per second, thereby making ExtStock an ideal platform for scalping and high-frequency trading.
ExtStock is a close-knit team of professionals who have left the banking sector (Barclays, Lloyds, HSBC). Such experience allows to create a truly unique product that connects two worlds – traditional finance and cryptocurrencies. ExtStock strive to make the cryptocurrency market even closer and easier, and trading on it – convenient and efficient.
Today, more than 20 thousand traders have become our customers, and this figure is constantly growing. In the near future, they plan to open two more offices – in New York and Seoul, in order to open up new trading opportunities to even more traders.
What is XT token?
XT is the official ExtStock exchange token that will be the foundation of the future ExtStock ecosystem.
The XT token was originally launched on the Ethereum blockchain (ERC-20), but in the future it is planned to transfer it to proprietary ExtChain blockchain.
You can use an XT token to pay for trading commissions, as well as referral payouts. The volume of trading commissions will greatly depend on the current balance in XT tokens, which will significantly save on high-frequency trading. Moreover, The longer the token is stored on the balance, the higher the discounts on trading operations for a trader.
ExtStock exchange plans to burn up to 10% of the token issue every quarter, in order to gradually reduce its volume in circulation and increase liquidity and cost. You can find Information on the total volume and the burned volume of tokens on the exchange website and official social network accounts.
