TokenPay (TPAY) has allocated 200 million eFIN Coins to the fist 50,000 signups on eFIN DEX, a decentralized cryptocurrency exchange said to be distinct from others.
The exchange makes it easy for users to setup their personal full nodes and make validations for every transaction themselves. The updated version of eFIN DEX with the new easy trade function is expected to be shared with beta testers this week, after months of designing and redesigning.
According to the exchange, users that require a top level of security, can setup their own full nodes to process and validate all of their wallet transactions.”
“Running your own node also means that even if eFIN servers get attacked or go down, you can still use your wallets. This is decentralization.”
CEO of TokenPay Tech, Derek Capo, said the launch of eFIN Exchange is coming with an updated version.
This is in tandem with the feedbacks received from the Beta testing group, a community of over 30 individuals.
“Next week (this week) will be a big week for @efinexchange we will release to our beta testers the updated version of EFIN with the new easy trade function.”
Derec said: “I love the updated UX, wallet section, tutorial and Easy Trade. @BlocksizeDevs is working weekends and long days to get this released.”
Before now, eFIN had declared it altered the fee structure and usability of its platform. eFIN Exchange also included “Easy Trade” button that will make seamless one-click trades between pairs easy.
In the wake of the @Cryptopia_NZ hack, it’s time we start making EVERYONE aware that if “they’re not your keys, they’re not your coins”. It’s time for a DEX to lead the way to security. @efinexchange by @tokenpay is ready to take over. $BTC $TPAY $ETH $LTC $XMR $XVG $TRX #crypto pic.twitter.com/BVziIv5Zpk
— CryptoGiraffe (@TCryptographer) January 16, 2019
eFIN’s latest additions goes with ShapeShift’s idea, but the exchange is Tor network oriented and decentralised, giving room for privacy and meagre transaction fee.
Meanwhile, there will be reduced trading fees and free trading pairs for TokenPay (TPAY), Verge (XVG) and Litecoin (LTC). This is due to the partnership among the blockchain platforms.
The platform, in its bid to enhance liquidity while also improving user interest, has decided to lower the trading fees to 0.1%, resonating with the lowest fee in the crypto industry.