Ethersmart is currently being evaluated as one of the unicorn startups in the financial and blockchain markets. Launched in early 2020 under the permission and protection of the government of Dubai. In a short time, Ethersmart has grown tremendously and is present on 5 continents. Their leap forward is a collection of successes from the applications of the Ethersmart ecosystem..
Let’s learn about Ethersmart Cryptocurrency Exchange and why it makes Ethersmart superior to existing platforms in the market.
- Blockchain technology offers great potential for e-commerce businesses
Currently payment, supply chain and decentralized market are the 3 main purposes that all e-commerce businesses aim for. Catching this trend, Ethersmart announced that it is ready to apply their blockchain network to e-commerce technology.
It records transaction data and stores it on various computers and combines transactions resulting in a “block”. Each block is linked together, thus creating a “chain”. Because blockchain data is stored on many computers around the world, there is no single central authority controlling the data, which gives blockchain the benefits of being secure, reliable, and largely is unchangeable.
- Payment
Ethersmart uses a blockchain to record transactions related to that cryptocurrency. Cryptocurrencies inherit the same secure transaction benefits linked to the blockchain without the need for middlemen – banks, payment processors – that many mainstream currencies and transactions require. This greatly reduces transaction costs, making Ethersmart cheaper for both merchants and consumers.
According to CoinMap, a website that tracks merchants accepting cryptocurrency, nearly 15,000 places worldwide allow consumers to pay with crypto.This is an ideal number for the present and the future. High liquidity will help Ethersmart be widely and popularly applied
- Community
The number of members of the Ethersmart community is growing especially strongly, consistently reaching more than 300% monthly, which means that the number of ETM tokens transacting in the blockchain system will spike every month. The use of Ethersmart has helped users enjoy outstanding benefits that no other platform has.
- Peer to peer to crypto (P2P2C) connection platform
P2P2C is a form of cryptocurrency peer-to-peer lending between ETM and BTC, ETH, USDT, XRP, BNB. Borrowing using blockchain technology allows borrowers and lenders to connect directly with each other without going through financial intermediaries such as banks or credit institutions.
Peer-to-peer lending benefits both borrowers and lenders in terms of interest rates, with borrowers being charged a lower interest rate and lenders enjoying a higher rate of interest than on hoarding. Always guaranteed ETM number and collateral is BTC, ETH, USDT, XRP, BNB.
P2P2C is a breakthrough to create a connection between ETM Token and the super profit market
With many outstanding advantages, Ethersmart is gradually taking over a large part of the cryptocurrency market. The community and increasing transaction volume every day, large capitalization will help Ethersmart develop more sustainably.
According to the latest information, Emirex has selected Ethersmart as one of the coins listed on the Exchange in September 2021.
Up to now, Emirex exchange is listing Bitcoin (BTC),Bitcoin Crash(BHC) Ethereum (ETH), Uniswap(UNI), Polygon (MATIC), USD Coin(USDC),… etc. ..
As for transaction fees, Emirex charges a flat fee, which means that both buyers and creators pay the same fee for spot transactions: 0.10%. Meanwhile, the industry average fee is around 0.20-0.25%. This is a relatively low transaction cost and cheap compared to the market.Facilitating the purchase of tokens by investors
As for the deposit method Emirex allows you to deposit assets to the exchange in various ways, through bank transfer, debit card,…etc
Seeing as fiat currency deposits are possible at this trading platform, Emirex qualifies as an “entry-level exchange”, meaning an exchange where new crypto investors can start their journey into the exciting crypto world.
Hopefully, with the great potential of Ethersmart and the solid foundation of Emirex, this will be the companion duo to create a new step to bring Ethersmart in particular and cryptocurrencies in general to global coverage.