The crypto exchange X-Hive aims to be the world’s most secure and fastest crypto-pairs service provider. It provides a secure environment for crypto-pairs trading. It can handle up to 40 million transactions per second (TPS). It supports crypto-pairs like ETH/BTC, LTC/BTC, BCH/BTC, LTC/ETH, BCH/ETH. It will also support more crypto-pairs in the coming future.
This exchange has now announced its beta launch and introduced a desktop wallet application. The wallet application will be available for both Mac and Windows. Users can use their X-Hive credentials like account ID and password for logging in to the wallet application for crypto-pairs trading.
The CEO at X-Hive Chika Ota said, “Our new generation crypto exchange platform feels nothing like a decentralized exchange. It’s THAT good. We invite all cryptonians to trade on our Beta version to know what we are all about.
Customers can use two modes of this exchange. The two modes are a basic mode and an advanced mode. In the basic mode, customers can use the wallet application. The customers can simply and instantly deposit, withdraw, buy and sell cryptocurrencies through the basic mode. In the advanced mode, customers can use a web browser and even they can analyze and review trading volume and charts for 24-hours.
X-Hive is a Bexam network-based crypto exchange trying to solve the underlying issues such as transaction speed and scalability, Crypto Daily reported. It uses a Proof-of-Round (PoR) consensus algorithm. The algorithm has three attributes viz., transactions approval by permutations, processes optimization using nodes hierarchy and a unique network construction for efficient information distribution. The main purpose of these attributes of the algorithm is to build an ultra-high speed and safe network structure, the official website of X-Hive reported.
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