E-Leven: The Crypto-Stock Market

By adriaparcerisas | ICO Reviews | 23 Jun 2021

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In the world of finance, we all know that the vast majority of retail traders buy and sell currency pairs, cryptocurrencies, stocks and commodities at unfavorable prices, due to large commissions and fees that give them very little leverage in the market. In addition, on the other hand, traders are forced to access markets through Exchanges or Brokers, whose interests are not the same, and therefore adds risk to the investor.

However, E-LEVEN (https://e-leven.io/) has developed a crypto-brokerage model system based on financial engineering through Blockchain technology. It is a hybrid system in which the community will be able to receive rewards through Staking. The idea is to solve the issue of the disproportionate commissions charged by brokers when receiving cryptocurrencies from investors.

Going into more detail, E-LEVEN (https://e-leven.io/) is a platform dedicated to decentralized finance within the stock market, which interacts through different exchange houses (both CEX and DEX), and gives full confidence and transparency to users investors through the use of Blockchain technology. The E-Leven team's goal is to create a unique and global ecosystem that encompasses both exchange developments and existing alternatives in the world of cryptocurrencies, so as to create a hybrid and disruptive model that allows users to provide the possibility of staking with their own token and thus generate an attraction of the community and give value to the token. Thus, E-Leven integrates a fusion of Crypto Stock Market and Stock Market, with the Stock Exchange.

E-leven Bank LLC is a part of E-Leven's platform dedicated to retail traders to provide them with better conditions for trading in the markets. E-Leven will provide them with cutting-edge and unique technology, with intelligent systems that will add value to the platform by giving access to unique solutions for its users. The most common features will be News, Fundamental Analysis, Social Trading of the market where each user will be able to choose different types of trading and choose according to their risk level the most favorable operations, etc.

The E-Leven token will be the $ELV, which will serve to provide price stability and be used as a combustion mechanism inside the E-Leven platform, which will be a native token of the Binance Smart Chain network under the BEP-20 protocol.

The token is based on the Binance Smart Chain (BSC) network, which is a blockchain network built for running smart contract-based applications, which allows users to get the best of both worlds: the high transaction capacity of BC and the smart contract functionality of BSC. What is special about Binance Smart Chain is its low fees and fast transaction speed, but what is even more special is its compatibility with EVM (Ethereum Virtual Machine). Due to EVM compatibility, DApps developed on Ethereum can be ported (imported into Binance Smart Chain as-is), and Ethereum wallets like Metamask can be used as-is.

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