Cryptocurrency and crypto exchanges for trading various virtual currencies are not recent. On the contrary, virtual or digital currencies have existed since Bitcoin (BTC), the largest cryptocurrency by trading volume, was launched in 2008 by an anonymous developer Satoshi Nakamoto. Besides XBO, a forthcoming exchange platform for trading cryptocurrency, there are more than 504 cryptocurrency exchanges.
These exchanges allow the trading of Non-fungible tokens (NFTs), stablecoins, altcoins, and prominent cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH).
According to the data published in 2021 by Crypto.com, an estimated 106 million people trade, buy and sell cryptocurrency across the globe. Furthermore, cryptocurrency or digital currencies are more popular in Asia, Africa, and South America.
There are an astounding number of 18,464 cryptocurrencies worldwide, including meme tokens like Dogecoin (DOGE) and Shibu Inu (SHIB).
How does XBO come into the picture?
XBO, an approaching cryptocurrency exchange, will list all the credible tokens like Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), and many more. Crypto exchange is soon coming to make crypto trading, buying, and selling easy with an intuitive platform and an easy-to-use interface.
Any beginner investor with a smartphone and an internet connection can check the live prices of cryptocurrencies on their mobile phone screens. Investors can trade, buy and sell cryptocurrencies on the XBO exchange. Furthermore, apart from speculating on digital asset prices, investors on XBO can invest in Blockchain-based projects.
Additionally, the Crypto exchange prioritises the trust and security of investors and their funds by providing military-grade security.
Features of XBO:
There are three prominent features of the forthcoming exchange:
- Inclusivity: The upcoming crypto exchange is willing to provide investors with a hassle-free trading experience, as long as they have a smartphone and an internet connection. Hence, anyone sitting anywhere in the world could trade easily.
- Trust: Everything in the crypto world relies on the blockchain network and network protocol. In the business of cryptocurrency, trust is the actual currency. Hence, the trust that made investors deposit their funds and data is of prime importance to XBO. To ensure the investors’ data and funds are secured, XBO has tie-ups with superior security services. In addition, the Crypto exchange has enforced military-level security infrastructure.
- Simplicity and ease of use: There is no doubt that investment decisions are always tough to make. Especially for novices or beginners, it is always better to analyse and understand the market and crypto trading strategies before starting to trade. Crypto exchange will make an investor’s journey easy, enjoyable, and exciting.
The Early-access program launched by XBO:
Crypto exchange has five loyalty tiers, Silver, Gold, Platinum, Diamond, and Black Diamond.
If an investor wants to increase his loyalty status, he will need experience points (XP). Experience points are XBO’s will be given to users while they are trading on the platform, for actions like buying or selling cryptocurrency.
In the Early-bird program launched by the upcoming cryptocurrency exchange, people who register first will get a lifetime opportunity to earn a reward with XBO’s Gold loyalty status.
Apart from the lifetime Gold membership, the first 10,000 verified users who register on the XBO exchange will be entering a lucky draw to earn a lifetime membership for the Black Diamond status.
The Five loyalty tiers of XBO and their features:
On the upcoming crypto platform, users must collect experience points (XP) to advance their loyalty status. The users are rewarded with Experience points (XP) for actions such as buying and selling crypto on the exchange.
Each loyalty tier offers greater benefits. The highest loyalty tier is the Black Diamond.
SILVER TIER
- Investors will get 100 XP (experience points) as this is the basic tier
- Free crypto deposit
- No exchange cashback
- No free fiat withdrawals per month
- The taker/Maker fee will be 0.40%/0.30%
- No XBO card
- Investors will not receive any free crypto rewards
GOLD TIER
- Requires 10,000 XPs
- Free crypto deposit
- 0.1% exchange cashback
- Two free fiat currency withdrawals per month
- The taker/Maker fee will be 0.38%/0.29%
- Gold XBO card
- Investors will receive a random amount of crypto rewards
PLATINUM TIER
- Requires 65,000 XPs
- Free crypto deposit
- 0.25% exchange cashback
- Three free fiat withdrawals every month
- The taker/Maker fee will be 0.36%/0.27%
- A Platinum XBO card
- Free crypto rewards worth 2.5 times the random amount
DIAMOND TIER
- Requires 650,000 XP
- Free crypto deposit
- 0.5% exchange cashback
- Four free fiat currency withdrawals per month
- The taker/Maker fee will be 0.32%/0.24%
- A Diamond metal card by XBO
- Free crypto rewards worth ten times the random amount
BLACK DIAMOND
The Black Diamond loyalty tier is the highest on the forthcoming cryptocurrency exchange. The features of this tier have not been public yet. However, it will offer great perks and benefits to the traders, and traders would be lucky to get the Black Diamond status.
Final Verdict
The cryptocurrency market is slowly turning into a red ocean, wherein most of the volume is possessed by the big sharks. The only way to survive in a red ocean is by getting into the game early and getting hold of an exchange that would allow you to trade with your maximum potential. XBO cryptocurrency exchange has a mission to empower people with crypto by lowering the entrance barriers.
