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XULT – the new cryptocurrency exchange 
by ExchangeCoin (EXCC)

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Xult

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 an advanced stage of development before making an announcement. Now it is only a few months left before the launch so we can share this happy news,” he added, “Thanks to the excellent cooperation with both the IT company specializing in centralised exchanges and lean UX agency experienced in crypto solutions, we are going to launch Xult in the market in less than half a year.”

Read the whole announcement at the excc.co website >>

This is news which confirms the dynamic development achieved by the EXCC team yet again. Only three weeks ago they implemented the new version of the EXCC blockchain by performing the hard fork; it marked the establishment of higher blockchain security, thanks to the PoW and PoS consensus, the new wallet Exilibrium and the opportunities to stake and mine the EXCC coin. Based on these recent achievements, EXCC coin is now ASIC resistant. Two weeks ago the EXCC team announced the bounty program for Xchange.me in the Korean market. And this week it was revealed that the team had established strategic IT partnership with Pragmatic Coders – a highly reputable blockchain software house. Read the latest announcements at the excc.co website >>

Wiktor Głowacki, the EXCC CEO in a statement said, “The second quarter of 2018 marked a period of major changes in our project. We not only decided to extend our services by offering the centralized exchange, but also developed the business and marketing strategies, start the cooperation with external marketing, UX & design teams, and as we announced already, the cooperation with the blockchain software house. It accelerated our progress.” he continued by saying“What’s more, we are transparently communicating the changes, which are influencing our project, to our community and investors.”

The development plan for the EXCC team looks very promising:

  • Q3 2018:
    Beta testing of XULT – centralized exchange;
    Decentralized cryptocurrency exchange development;
  • Q4 2018:
    XULT – release of the centralized exchanger;
    The new version of the Xchange.me exchanger;
  • H1 2019:
    The first version of a truly decentralized exchange platform;

Complex platform of their exchange services fully implemented!

Have a look at the detailed roadmap at the excc.co website >>

The Exchange Coin (EXCC) was created in 2017 to provide finance in support of an idea to build a decentralized exchange platform. The platform was developed to offer services to semi-professional cryptocurrency traders. The ExchangeCoin is one of the rare cryptocurrencies with a value reflected in the features of real products. It is similar to the traditional market and stock exchange setting. You can find more information about the Exchange Coin by visiting www.excc.co

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A Guide to Exploring the Singaporean ETF market

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Singapore’s Exchange Traded Fund (ETF) market has grown, offering investors diverse investment opportunities and access to different asset classes. As the market evolves, investors must navigate these uncharted waters with a clear understanding of Singapore’s ETF landscape. This article explores the trends, challenges and strategies for navigating the Singapore ETF market. To start investing in ETFs, you can visit Saxo Capital Markets PTE.

The Singaporean ETF Market: Exponential Growth

The Singapore ETF market has seen significant growth in recent years, with an increasing number of ETFs covering a wide range of asset classes and holders. different investment topics. 

One of the notable trends in the Singapore ETF market is the growing diversity of available options. Investors can now choose from ETFs that track domestic and international stock indexes, bonds, commodities, and specialist sectors or themes. This diverse range of ETFs allows investors to create comprehensive portfolios tailored to their investment goals.

The growth of the ETF market in Singapore is also due to growing investor demand for low-cost, transparent, and accessible investment vehicles. ETFs offer benefits such as intraday liquidity, real-time pricing, and the ability to trade on exchanges. These characteristics have made ETFs attractive to retail and institutional investors who want exposure to different asset classes.

Regulatory Landscape and Investor Protection

The Monetary Authority of Singapore (MAS) is the…

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Property Loans for Foreigners in Singapore That You Must Know About

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property loans for foreigners in Singapore

Intending to invest in a residential or commercial property in Singapore?  

When it comes to foreigners applying for a loan in Singapore, things can be pretty hard regardless of the reason whether you need the property for personal or business purposes.  

In Singapore, buying a property is challenging, whether you are a foreigner or a native, and sometimes applying for a loan is the only way for you to afford it.  

HOW MUCH CAN YOU BORROW FOR A PROPERTY LOAN IN SINGAPORE? 

As for the Foreigner Loans, in Singapore, there is an exact amount of money you can borrow to finance the purchase of a property.  

In this sense, Singapore has the Loan to Value Ratio (LTV).  

The LTV ratio is what determines the exact amount of money you can borrow for a property loan, which changes depending on where you try to obtain the loan:  

  • If you are applying for a bank loan, you can borrow a maximum of 75% of the value of the property you want to purchase. That means if you are looking for a property that costs $500.000, the maximum amount of money a bank lender can give you like a loan in Singapore is going to be $375.000. 
  • When you are applying for a loan with a Housing…
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CoinField Launches Sologenic Initial Exchange Offering

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Sologenic

CoinField has started its Sologenic IEO, which is the first project to utilize the XRP Ledger for tokenizing stocks and ETFs. The sale will last for one week and will officially end on February 25, 2020, before SOLO trading begins on the platform.  Sologenic’s native token SOLO is being offered at 0.25 USDT during the IEO.   

Earlier this month, Sologenic released the very first decentralized wallet app for SOLO, XRP, and tokenized assets to support the Sologenic ecosystem. The app is available for mobile and desktop via the Apple Store and Google Play.  The desktop version is available for Windows and Mac.

“By connecting the traditional financial markets with crypto, Sologenic will bring a significant volume to the crypto markets. The role of the Sologenic ecosystem is to facilitate the trading of a wide range of asset classes such as stocks, ETFs, and precious metals using blockchain technology. Sologenic is an ecosystem where users can tokenize, trade, and spend these digital assets using SOLO cards in real-time. The ultimate goal is to make Sologenic as decentralized as possible, where CoinField’s role will be only limited to KYC and fiat ON & OFF ramping,” said CoinField’s CEO…

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