EUCX. European Cryptocurrency Exchange

EUCX. European Cryptocurrency Exchange

By jadams2k18 | jadam2k18 | 31 May 2019


Introduction

Maybe you're wondering, is this one more exchange? EUCX is not just any exchange, EUCX will not only allow the exchange of cryptocurrencies but also fiduciary currency. The intrinsic particularity of the platform is its commitment to all governmental and institutional regulations for the exchange of cryptocurrencies in Europe, including the AML5 framework. As will be seen below, EUCX has a number of characteristics that make it unique in the face of competition.

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The European Cryptocurrency Exchange

We all know that when we talk about an exchange, we are talking about online platforms where you can exchange cryptocurrencies for others, as would happen in the real exchange houses, but except that it is only done with cryptocurrencies.

There are many exchange platforms on the Internet, many of them risky for many reasons, including fraud, poor security or non-compliance with regulations. However, European Cryptocurrency Exchange, from the beginning has established relationships with governments and active crypto regulatory entities committing to comply with all regulations and legal matters.

This ensures acceptance of blockchain and cryptocurrencies by governments and institutions as well as legitimizing technology as a financial medium. In addition, this legal character will attract large investors to invest in the crypto sphere.

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Main Features

Transparency

It is well known that one of the most outstanding features of blockchain technology is transparency. Also, EUCX will offer, through its website, all kinds of public information available constantly. Obviously, always complying with the statutes established by the GDPR law.

Information such as annual reports, listing requirements, fund wallet addresses, contact information, EUCX Leadership, shareholders, donations of any kind, terms & conditions, privacy policy, and external audits of any kind; will be available inside the website.

Regulatory Compliance

EUCX's intrinsic characteristic is compliance with legal obligations and statutes. Such as the AML5 regulatory framework, anti-money laundering law and the financing of terrorism. Which very few exchange platforms comply with. This gives EUCX a distinct advantage over the competition.

EUCX will not only comply with legal obligations but is also committed to cooperating with governments to improve the transparency and traceability of cryptocurrencies. In fact, its AML/CTF/KYC policies will be reviewed by the Dutch central bank.

Customer Support

One of the most important features of an exchange is the effectiveness of customer support. And that's where most exchanges fail.

EUCX focuses its customer support service through multiple channels: email, social media (Twitter), instant messenger (Telegram, Mobile App, etc.), and telephone (only available to Business users).

EUCX will make sure to give the right training to its support staff to achieve efficiency, speed, and accuracy necessary to meet all customer expectations. It will also make a constant analysis of the support ticket along with the platform development team to correct functionality issues.

Site Reliability

Another very important feature of an exchange platform is the confidence in its availability 24 hours a day, 365 days a year.

Leveraging the latest technologies, multi-level redundancy and multiple data centers spread across the Netherlands, EUCX expects to guarantee nearly 100% information system availability, guaranteed by a team with 15 years of experience working with enterprise information systems.

The EUCX information system has a fragmented architecture of services that work independently on different servers, allowing an emergency shutdown on one service avoids affect any others, keeping the service constantly active. Therefore it is possible to isolate any attack of intruders to prevent them from invading other components of the system.

Information Security

Another influential factor in an exchange platform is security. Most customers are reluctant to leave their cryptocurrency funds stored in an exchange.

EUCX is ISO 27001 compliant.

ISO 27001 (formally known as ISO/IEC 27001:2005) is a specification for an information security management system (ISMS). An ISMS is a framework of policies and procedures that includes all legal, physical and technical controls involved in an organization's information risk management processes.

EUCX not only complies with a number of security measures (such as data encryption, 'regular' cold storage and 'deep' cold storage, multi-sig wallets, etc.), but also has programs (including bounties) to measure system vulnerability through intentional attacks by ethical hackers and execution of penetration tests to determine system vulnerabilities.

Calamity Fund & Reservations

Obviously, no system is invulnerable, which is why EUCX has a calamity fund to compensate its clients for possible loss of funds. This fund will be covered in native tokens of the platform, EUCX tokens.

As a preventive measure, 10% of all fees will be reserved in a cold wallet to establish the calamity fund.

Curated Listings / Quality Assurance

EUCX performs a comprehensive quality assurance process for the listing of any asset, which contemplates an exhaustive analysis not only of the individual founders, the company or legal entity behind the team, but also its position in the market and the application of blockchain technologies and, obviously, its cryptocurrency, as well as its level of transparency. In this way it assures the quality of the crypto assets listed mitigating the risks, offering security and trust to all its clients and sophisticated traders.

Fiat on-ramp

Fiat on-ramp exchanges are those that allow a user to exchange fiduciary currency for cryptocurrencies. EUCX will begin the development of a fiat entry ramp originating in Europe, however, to achieve this, it is imperative that the maximum limit of token sales is reached and/or sufficient liquidity is available to properly execute a fiat on-ramp.

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EUCX Token

The EUCX token (symbol "EUCX") is a basic ERC-20 token. They are mainly used as utility tokens and for financing purposes only. Tokens do not represent EUCX shares. The EUCX token will be used for: withdrawal fees, trading fees, listing fees, and subscription fees.

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EUCX Awareness campaign

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Welcome to the EUCX Awareness Campaign 2.0! EUCX will be giving away 250,000 EUCX (WORTH $6,500 USD) in their EUCX Awareness Campaign! Contest and Bounty starts May 6th, 2019 and ends on June 6th, 2019.

ALL BOUNTIES AND CONTEST WINNERS WILL BE PAID WITHIN 28 DAYS OF THE END OF THE CONTEST!

For questions or assistance please email [email protected] or [email protected]

If you want to participate, go to:

https://eucx.cryptoadventure.io/10883/7577702

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Conclusion

EUCX is a unique exchange platform in its class since it offers transparency, listings of cured cryptocurrencies (mitigating risks), reliability, security and stability in almost 100%. With 24/7 customer support (including over the phone), Fiat on-ramp and comprehensive compliance with government regulations and legal statutes, especially the AML5 framework. All these features underpin the main objective of this platform, which is the adoption of blockchain and cryptocurrencies as a financial system by government and institutions. Thus attracting both small and large investors to enter the world of the crypto sphere.

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Annexes

Roadmap

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Source: White paper

 

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Token Sale

Basic Metrics

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Source: White paper

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Public Presale

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The EUCX public presale would run from May 1st, 2019 to June 30th, 2019. One needs to register and undergo a standard KYC to be eligible for the token sale.

The price per token during the presale is €0.0225 or 0.00015 ETH per token, at 6666 tokens/ETH (​The EURO/ETH rate would be pegged at €150 for both the presale and the public sale). This is a 25% discount on the regular price of €0.03. During this period a limited amount of 50,000,000 tokens are available.

The following is official the EUCX ERC-20 contract address :

0xd99298985902C9A69bf4C8a0895fA10721204ECC

EUCX tokensale contract address:

0x4ea25d7c8d2e2a13aa839491E14462F01eB397f2

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Token Distribution

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Source: White paper

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Trading Fees

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Source: White paper

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Team

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Advisors

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Partners

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More Information & Resources:

Email at:

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jadams2k18
jadams2k18

I'm a system engineer. I like to program and write about crypto and sci-fi stories.


jadam2k18
jadam2k18

I suppose cryptos have come to be part of our economy and means of sustenance. Especially for me. This is a new style of living. So, I create this blog to continue improving my writing skills and earning during my journey

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