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The ExchangeCoin team just announced that they are working on a new cryptocurrency exchange – Xult. When completed they will be able to offer complex services featured on the exchange platform to crypto traders. The new exchange will be powered by their cryptocurrency – EXCC.
According to the information gathered from the ExchangeCoin team, during the past 3 months they have been working on the new centralised exchange – Xult. With the crypto exchanger – Xchange.me, a decentralized exchange (which was the primary purpose of founding the EXCC); the team will create a platform which features complex services for crypto traders. The Xult launch is planned for the Q4 2018.
It means that the ExchangeCoin (EXCC) will be truly utilitized:
– The new decentralized exchange will operate based on EXCC, it will be built on the EXCC blockchain.
– The coin will be used for exclusive services and to get privileges on the platform as well.
– The EXCC coin will be also used as a trading pair for currencies listed on the platform.
It can be recalled that the EXCC blockchain was built as a dedicated solution using the Equihash algorithm, and it was recently made highly secure by implementing the PoW and PoS hybrid consensus.
The EXCC CEO, Sylwester Szczepanek in a statement said, “Work on the centralized exchange started a couple of months ago. We kept it secret as the market of exchange services is really competitive, and we want to make sure the project had reached
