Cryptocurrencies

OnePageX The simplest and User Friendly Cryptocurrency exchange

INTRODUCTION

Technology has rightly cemented it’s place in the world today. Over the years people has sought for easier, faster and more efficient way to do things, and have had to resolve to technologies to quench their insatiable desire to derive comfort in all ramifications of life.

In 2004, cryptocurrency was launched- THE BITCOIN as a solution to the failing world economy at that time. It fostered peer-to-peer exchanges that were decentralised, independent of any authority or governmental interference.

OnePageX is a cryptocurrency conversion tool! It has the simplest interface online while also supporting the widest selection of assets online!

It is the simplest ever cryptocurrency exchange where the base currency is Bitcoin and one would be able to exchange bitcoin to as many as 140+ cryptocurrencies with the most competitive exchange rate as OnePageX searches through numerous exchanges and executes the trade automatically at the best available price.

It offers a simplified user interface where the user is not required to make any registration to get started nor the user is required to go for any kind of verification procedure. The user is also not subjected to any kind of restriction or limitations, that is why it is called as the simplest ever exchange.
Just select what you want to convert and get started!

0% FEES FOR 2018

OnePageX is offering 0% transaction fees for the rest of 2018! That’s right, trade without any fees! We are happy to bring this to our users so that they can give us a try!

Simple & Fast
 
OnePageX is fast, simple and offers over 140 cryptocurrencies!
 Apart from that, registration and complete verification has the following disadvantages:-

(1) It takes a lot of time to get verified (from 2 days to as high as 15 days also, in some cases even more than 15 days also). Validation and Approval are time consuming processes.

(2) Scanning and taking a snap of the ID and collecting all those things and submitting to the exchange is really a hectic process.

So we can categorize the exchanges into the following:-

(1) Exchanges, which require only Name, Email.
(2) Exchanges which require Name,Email & Phone Number.
(3) Exchanges which require Name, Email, Phone Number as Tier-1 requirement for limited withdrawal and complete verification as Tier-2 requirement for unlimited withdrawal or higher withdrawal limits.
(4) Exchanges which require complete verification procedure like Proof of ID, Residence Proof and in some cases Selfie including ID also.

But in 2018, there also exist an Exchange which neither require any registration nor any Email nor any Name nor any phone number nor any Proof of ID nor any Proof of Address etc. This introduces the exchange called OnePageX.
If righteousness is my virtue to the core of my being, then Anonymity is a choice and verification is not an obligation.

When a crypto exchange offers crypto-fiat conversion, it can be understood that, the registration, verification, AML, KYC are the regulatory obligations. But when the crypto exchange offers only crypto-crypto conversion, what is the need of all these complex multi step procedure and with an aim to strike a simple user interface and to offer a wider marketplace for crypto conversion, OnePageX eliminates registration and it is designed in such a way that everything happens in a single page.

Whenever a crypto exchange lists a good number of cryptocurrencies(both quality wise and quantity wise) and allow the users to make an exchange, then the marketplace of the exchange becomes broader and wider. This is because different users have different requirement, so enabling the marketplace with a wide selection of cryptocurrencies makes it a inclusive and pluralistic marketplace and also it makes the marketplace more dynamic and liquid as well.

Just like the crypto market has become vast, so as the portfolio of a crypto enthusiast and investor. So in traditional exchanges whenever a crypto trader tries to buy multiple cryptocurrencies, then he is required to open multiple pages for multiple cryptocurrencies and at times this really becomes hectic for traders when the different crypto assets stack up and it also becomes difficult to manage all at a time.

So there is a need of a simpler user interface where it can be possible to perform multiple transactions in a single page and all the transactions are visible and the status and updates can be traceable in real time.

It is worthwhile to note about OnePageX that, it allows multiple transactions from one page.

The user is not required to do any kind of registration. Once the transaction is initiated by the user, its URL will be added to the “session”. It is required to either bookmark the page or copy & paste the link to come back to it. Further the addresses generated can be used indefinitely.

The simplicity of conversion form Bitcoin to any other altcoin in “OnePageX” can be best understood by the following illustration.

STEPS

(1) The user has to first select the cryptocurrency to make a conversion.

(2) Then the user is required to put the withdrawal address of the selected cryptocurrency.

(3) Then click on “Start Exchange”.
(4) A card will appear with a deposit address and the user is required to send the deposit to that address.
(5) Once the user send the deposit,it will update in the transaction card and wait for 2 confirmations.
(6) Once it has 2 confirmations, the transaction card will update like “Exchange is complete ! Starting for withdrawal”.

(7) Then the final status in the transaction card will be like “Withdrawal complete ! The transaction is done”.

Note- After the required confirmation of deposited cryptocurrency, the exchange is almost instant. So it can be said that the overall waiting time of the transaction is equal to the time required for 2 confirmation of Bitcoin deposit.

The beauty of the interface is that, the transaction card during the process of exchange will update the status at every step, so a user will not have any kind of confusion after sending a deposit. Very often in other exchanges, it happens like that, if the status or updates is not showing after sending a deposit, then it creates chaos in user’s mind and the user stand to believe that either it is a failed transaction or there is something wrong !

OnePageX Widget

OnePageX has also a widget which can be implemented on any website and it is known as “OneBox”. It is only required to copy and paste the snippet which is provided at the bottom of the page. It will enable the users of the website to do cryptocurrency exchange.

The key features of OnePageX which makes it a unique exchnage are:-

>No registration & complete >Anonymity
>Ease of use
>Clarity on fees
>Multiple transaction from one page
140+ cryptocurrencies are available

OnePageX charges a small fee of 0.5% for the conversion and this is quite competitive rate in crypto market and the estimated conversion rate is also shown in their site.

Normally after 2 Blockchain confirmations, the transaction happens momentarily, however if the transaction does not happen for over an hour, then the user can send an email to OnePageX along with transaction details and a support staff from OnePageX will look into the matter.

On an average, most of the transactions happen within 25 mins, but please do bear in mind that Blockchain confirmations depend upon miner fees, so you may adjust the miner fee and pay a higher mining fee, should you require a faster processing of transaction.

Use Case

Johny” converted 0.006 BTC to LTC in three different exchanges namely: OnePageX, Changer & Changelly. Give a detailed comparative analysis of the conversion of 0.006 BTC to LTC in the context of effective LTC amount, Registration requirement, required no of confirmations, provision of multiple transactions in a single page etc and make a comment.

From the above, it is clearly understood that Johny’s conversion of 0.006 BTC to LTC not only proved economical in OnePageX in terms of effective LTC amount he received but also Johny experienced a seamless and frictionless conversion process as it did not require any registration for him in OnePageX and the transaction card of OnePageX gives a clarity on the status of the transaction. Apart from that Johny could see the wide range cryptocurrencies(140+) in OnePageX along with the provision of multiple transactions in a single page.

Summary

OnePageX is the kind of exchange that perfectly suits to the requirement of new generation crypto enthusiast and traders and the fast changing world really needs something like this which can make the things simpler for the crypto traders, so that the Ecosystem can expand at a better pace and new players will also be willing to jump into crypto segment when they see the marketplace as convenient and hassle free and in that context OnePageX will pioneer and set an example for other crypto exchanges. Not to forget, OnePageX is still in beta phase and it is constantly evaluating to add other good crypto assets so as to make the marketplace even more lucrative and versatile.

#blockchain #OnePageX #Crypto

Source

neallesh@yahoo.co.uk

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.