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Ripa – A Secure Cryptocurrency Trading Ally

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Ripa
Images by Ripa Exchange

Ripa is a crypto asset marketplace developed on ARK-blockchain technology with an aim to facilitate easy entry into cryptocurrency exchange landscape. It is basically a hybrid-decentralised exchange with a strong focus on lowering the cost involved in opening a new exchange and furnishing crypto-traders with a safe and secure trading ecosystem.

Features of Ripa

Following are some important features of Ripa:

  • Open Source

It is a personalised cryptocurrency exchange solution architecture that allows easy connection to KYC/AML, authentication, ETL/reporting, etc.

  • Transparent and Configurable

Being an open source technology enables Ripa to be more secure, transparent, flexible and highly configurable.

  • KYC Verification

Peatio’s KYC system efficiently submits and exchanges KYC data that is necessary to comply with banking supervisory standards and Customer Due Diligence (CDD) requirements.

  • Multilingual 

The platform supports a myriad of languages, thereby enhancing its usability for users across the globe.

  • Multiple Accounts

Ripa allows users to create multiple accounts, thereby making it easier for them to trade in multiple currencies.

  • Proof of Solvency

Peatio’s Proof of Solvency (PoS) enables users to authenticate solvency of the Peatio-based cryptocurrency exchange without impacting their privacy.

  • Strong User Interface

Ripa has a straightforward and user-friendly registration and login interface which ensures easy usability. Moreover, it also offers personalised deposit and withdrawal methods to its users.

The Dedicated Ripa Blockchain

Ripa Exchange will have its dedicated blockchain denoted as Ripa Blockchain, and will operate on the DPOS protocol. It will be serving five primary purposes:

  • List new cryptocurrencies on Ripa Exchanges
  • Promote new projects on the platform
  • Purchase of RipaEx gadget on the RipaEx store
  • Payment of transactions on authorised reseller platforms with RipaEx POS
  • Share liquidity between Ripa Exchanges within the same network

Delegated Proof of Stake Technology

Ripa Blockchain has integrated a delegated Proof of Stake Technology (PoS) consensus system. This algorithm was fundamentally designed to eliminate the challenges associated with Proof of Work (PoW) including centralisation of computing power and the high wastage of energy.

Ripa Liquidity Service Provider (RLSP)

Ripa Exchange

By incorporating SmartBridge technology, RipaEX aims to build a mechanism to offer liquidity among all exchanges on the network. The platform enables this by writing the single exchange orderbook in the Ripa Blockchain and by implementing order matching between all exchanges on the network.

Token Distribution

The platform aims to offer 115,000,000 XPX tokens and distribute these tokens in the following manner:

  • 65% – PreSale and RIPA TEC
  • 15% – RIPA founders team
  • 6% – Marketing
  • 5% – Bounties
  • 5% – RCF
  • 4% – Ark.io SCIC

The fund collected from the token distribution will be allocated in the following way:

  • 60% – Project Development
  • 20% – Marketing
  • 20% – Legal Support

Ripa – A User-Friendly Approach to the Crypto Domain

Creating a new exchange while advantageous, can be a complicated and expensive ordeal. Ripa is an hybrid-decentralised exchange that aims to make a foray in the crypto exchange world, easier and affordable for users across the globe. Moreover, by leveraging blockchain technology, Ripa has ensured that investors have a secure, profitable, and efficient cryptocurrency trading experience. 

Remember to connect to us…

Website: www.ripaex.io
Telegram: t.me/ripaex
BitcointalkANN: bitcointalk.org/index.php?topic=3759172
Whitepaper: github.com/RipaEx/whitepaper/raw/master/eng/RipaEx_WP_EN.pdf
Facebook: www.facebook.com/ripaex
Twitter: twitter.com/ripaex
Gitter: gitter.im/RipaEx/RipaEx
GitHub: github.com/RipaEx/
Blog: steemit.com/ripaex

Disclaimer: This is a paid press release. Readers should do their own due diligence before taking any actions related to the company, product or service. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this press release.

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How Blockchain Turns the Game in African Financial Life

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Chatex
Image by Chatex.com

Progress never stands still. People seek for simplicity and convenience, and the financial system is no exception to that. Hardly anyone could have thought that cash could ever be replaced with plastic cards. Today, it’s time for cryptocurrency to trigger the change in the paradigm.

Besides being a great instrument for investment, crypto changes the very essence of how money is transferred. Today, everyone who owns crypto can seamlessly and transparently exchange, sell off and buy up assets.

Is that not the democratic solution our world needs? That’s the question which underpins the initial purpose of Chatex project. The company has chosen the African continent as the starting point of its expansion in order to help those who suffer from excessive commission fees and lack of fiat.

Why Africa?

The banking environment is so weak here, that it’s hardly called ‘banking’. It is mired in corruption and bureaucracy, while the level of financial literacy is extremely low. It’s a common practice for local third-party services to charge sky-high commission fees on money transferring. Sometimes these figures reach 10 or even 20 percent. Chatex’s CEO, Michael Ross-Johnson, comments the following:

“How can one be treated in such a sordid way in the continent where people survive on less than the equivalent of one dollar a day? We can’t just monitor with our hands folded. We at Chatex are here to help African people become a part of the transparent and fair system that will give them an opportunity to freely manage their money and enjoy the comprehensive financial freedom”

How Chatex will make it out?

ChatexChatex offers a same-name bot based on Telegram, which could be downloaded on any kind of a smartphone supporting the messenger. It is an official, licensed and GDPR-compliant service, which offers safe data storage, BitGo instant transfers technology and additional PIN-code protection.

Thanks to Chatex, users can carry out cross border transactions, whichever their education or location is. One registered with the bot can instantly buy crypto via banking and gift cards, including even iTunes one, and transfer money to other users worldwide with no commission.

What’s the catch? There aren’t any. The verification process and money transfer won’t last more than 15 minutes here. The interface is intuitively simple and user-friendly, that’s why even a layman user will be able to operate without hindrance.

Having established an office in Ghana, Chatex plans to extricate banks and extortionate money transfer services from all over the continent. Next step would probably be Uganda, where the banking system has run rampant. In Uganda, every year relatives send home about $700 million, and almost $70 million of that total are charged by third-party service providers.

Judging upon the current trends of pervasive smartphone penetration, it can easily be said that mobile solutions such as Chatex are on their way to fit a whole set of financial operations into the user’s pocket. Africa needs such services that will ease people lives and eliminate the limits local banks and third-party services set up. Chatex avoided the well-trodden path of expansion and no one will regret. It has started a new chapter in the African market, aiming to ‘make Africa great again’.

To find out more, visit https://chatex.com/.

Disclaimer: This is a paid press release. Readers should do their own due diligence before taking any actions related to the company, product or service. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this press release.

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Bitcoin Events to Host South Africa’s First Crypto Festival

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Crypto Festival

Bitcoin Events is delighted to be hosting South Africa’s first Crypto Festival in Cape Town on 7 September 2019.

Bitcoin EventsThere’s been a lot of renewed interest in cryptocurrencies in Africa and globally, and the Crypto Festival will highlight the exciting opportunities that cryptocurrencies offer individuals and organisations: from investing, trading, mining and transacting to privacy, security, price volatility, tokenisation of assets, Initial Coin Offerings (ICOs) and Initial Exchange Offerings (IEOs).

South Africa is at the forefront of crypto adoption. It has the highest percentage, 10.7%, of internet users owning cryptocurrencies, twice the global average of 5.5%, according to a recent international survey by social media management firm Hootsuite in partnership with London-based WeAreSocial.

Bitcoin and other cryptocurrencies have certainly changed the way we think about money, privacy, investments, payments and more. Cryptocurrencies are a disruptive innovation that numerous start-ups and individuals are leveraging, along with blockchain technology, to build innovative products and services for consumers and businesses alike.

We are expecting about 150-200 attendees from various backgrounds and industries at the Crypto Festival: crypto exchanges, payment systems, investment firms, mining operations, trading enthusiasts and companies, ICOs and IEOs, legal practitioners, crypto enthusiasts, blockchain developers, thought leaders, industry innovators and entrepreneurs.

Grab your Early Adopter ticket now for ONLY R450!

The Crypto Festival Call for Papers is Open

Our call for papers is now open, so don’t miss this opportunity to share your insights and expertise with our audience by submitting your paper now.

For more information on the Crypto Festival, visit Cryptofest or email the team at info@blockchainafrica.co.

Disclaimer: Readers should do their own due diligence before taking any actions related to the company, product or service. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this press release.

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“Mobile Localbitcoins” Totalcoin Integrates Ripple

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TotalCoin

Mobile cryptocurrency platform Totalcoin to add support for Ripple. Users of Totalcoin will be able to create wallets for XRP in addition to Bitcoin, Ethereum, Litecoin, and Dash wallets.

For the first time in the history of cryptocurrency, XRP can be transferred anywhere in the world by phone number.

The update is currently being tested and will be released soon.

TotalCoin

Moreover, Totalcoin added a feature of instant exchange of Bitcoin Cash ABC and Bitcoin Cash SV for Bitcoin and vice versa. The platform now supports 20 cryptocurrencies for exchange.

The nearest plans of Totalcoin are the development of a web version of the app, an increase of the number of supported cryptocurrencies, and redesign of user interface elements.  

Totalcoin is a unique mobile cryptocurrency app, that combines a cryptocurrency wallet, a P2P platform for buying and selling Bitcoin, and an opportunity to instantly exchange Bitcoin for another cryptocurrency and vice versa.

Beta testing of Totalcoin was successfully completed late in 2018. The app has been downloaded more than 15 thousand times.

Major advantages of the app are low fees, built-in cryptocurrency wallet, opportunity to send cryptocurrency using a phone number, live customer support, convenient user interface, and profitable referral program.

The application is available on iOS and Android.

Disclaimer: This is a paid press release. Readers should do their own due diligence before taking any actions related to the company, product or service. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this press release.

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