Over the years, the trading of cryptocurrency birthed by blockchain technology has been in existence but with loopholes. Some of the many drawbacks posed by existing exchanges include security challenges from hacks , high trading and withdrawal fees, slow speed, poor user interface, low liquidity, poor customer support, high listing fees, poor or zero dividends to users, very poor mobile web functionality , and a whole lots of others. I can remember losing funds last year 2017, due to hack of an exchange. Cases like this are really disheartening. Some big exchanges do not really portray that on mobile web, for instance, the slow speed of Hitbtc on mobile web can be frustrating . A team of enthusiasts have looked into the flaws of existing crypto exchanges and have come up with outstanding features, all in one exchange platform to curb these issues. This ideology has birthed Regulus exchange.
What makes Regulus exchange exceptional ?
I will not be exaggerating or making a hyperbolic expression when I say regulus has the best features out there. Regulus is actually the first exchange to come up with a heritage system. In Regulus heritage system, one's assets on the exchange can be inherited , there is solid provision for that. Sounds so good to be true but that's reality, made possible by Regulus team.
Another vital aspect whereby Regulus exchange stands out is security. With Regulus exchange, traders can be rest assured that their funds are extremely safe. Regulus makes use of cold wallets to ensure safety of funds. Regulus also will organize hackathons to ensure the system's security and safety is top notch. The Cyber security team at Regulus is outstanding , haven seek further security from comodo, a renowned SSL provider.
Comodo solutions will power Regulus website security. Anti-phising, 2/3 Factor Authentication, geofencing, DDOS mitigation, multisignature vaults, including other revamped security measures will make Regulus a top grade crypto exchange in terms of security. Highly protected against DDOS attacks and phishing.
Talking about fees, Regulus boasts of reduced trading and withdrawal fees. One gets 50 percent fee reduction when holding Regulus Token (RGLS), which is the official token of the exchange.
Regulus Dividend will blow your mind. Users (traders) who hold Regulus Token will get 40% of the trading fees as dividends on a weekly basis, this is awesome and makes Regulus unique.
Users who introduce new members to the exchange via referral links will get sponsorship bonus. It's amazing to note that, a whooping 20% of fees collected by Regulus will be allocated for this purpose. A sponsor gets 20% transaction fee from first generation referral and 5% from second generation. This is impressive.
Aside the focus on smooth mobile trading, which has been a major lag for existing exchanges, regulus promises a desktop wallet for users who wish to utilize it.
One thing I enjoy in an exchange UI is a chat box, where someone can get help or discuss when need be. For example, some chat boxes on exchange sites aided me to get assistance. On Yobit, i sorted help to know where to see my sell orders when i was a newbie. Also , on mercatox , I asked in the chat box when I wanted to know about trading fees. Regulus is not left out, bringing forth a more advanced community box which will assist users a great deal and also seek the opinion of users. With the community box, users can vote for their favorite cryptocurrency in order to be listed. This sounds so great, because the exchange puts community first.
In order to properly track your assets , an alert notification feature is put in place for real time notification on each movement of one's assets.
The exchange did not leave miners aside, masternode hosting solution will be provided by Regulus and RGLS will be used as fees, at a monthly rate of 1$. This is awesome, seeing some advanced features in Regulus exchange.
What's more?
Regulus uses Hyperfast SSD and NGINX Technology which makes use of an asynchronous event-driven approach to take care of requests. Technology gurus will appreciate this outstanding feature.
Regulus Token (RGLS) details :
Name of token: Regulus Token
Token Ticker: RGLS
Decimal: 18
Contract address: 0xc25cb249d4f6b8f2e69f58703f03e76523b081b0
Total Supply: 60,000,000
Token Distribution :
Team: 15%
Marketing and Exchanges: 10%
Advisors: 5%
Reserve: 10%
Community: 60%
Regulus Token which has a great role in the entire Regulus ecosystem is already listed and trading on Altilly https://www.altilly.com/market/RGLS_BTC
ROADMAP
CONCLUSION
It's crystal clear that Regulus exchange is super promising. The super security features , being the first exchange to put up a heritage feature , making mobile trading smooth and much more shows the great vision of the project.
VISIT THE LINKS BELOW FOR MORE INSIGHT ON REGULUS EXCHANGE
Website: https://regulus-exchange.io/
Whitepaper: https://regulus-exchange.io/wp-content/uploads/2018/09/regulus-whitepaper-1.pdf
Twitter: https://twitter.com/RegulusExchange
Telegram: https://t.me/joinchat/KKumTEW_vhlQVTiPvRR97g
Medium: https://medium.com/@regulusexchange
Bitcointalk: https://bitcointalk.org/index.php?topic=5024610.0
Writer's information
Bitcointalk username : deodivine1
Bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=1390292
These features are really good for an exchange. first time to see an exchange with Heritage features, hope the team can achieve this.
Thanks. The team is capable. Please follow the project on the links provided at the end of my article.