Ping Exchange, a recent addition to the crypto trading market, has made waves with its unique integration of CorePass ID for user authentication. With the launch of Ping Exchange on January 1st, the Core Blockchain ecosystem has witnessed a significant evolution. This groundbreaking system offers a decentralized digital identity, revolutionizing the login process and providing users with secure and efficient trading.
The introduction of CorePass ID has fundamentally transformed the way users authenticate themselves. Unlike traditional methods such as two-factor authentication (2FA), Ping Exchange utilizes a blockchain-secured identity that ensures rapid and passwordless access. This novel approach not only enhances security but also streamlines the user experience. Personal information is safeguarded on the blockchain as an identity NFT, instilling confidence in traders.
Ping Exchange goes beyond its innovative login system by offering a built-in HD wallet. This wallet simplifies transactions by enabling immediate withdrawals and deposits of the platform’s native cryptocurrencies, XCB and CTN. With this handy feature, users can seamlessly manage their funds without unnecessary delays or complications.
In addition to its seamless trading experience, Ping Exchange distinguishes itself with its cutting-edge compliance platform. Created in collaboration with CorePass and Core Blockchain, this platform integrates user-friendly interfaces for KYC, AML, PEP, and sanctioned user management. By adapting to local and international regulations, Ping Exchange ensures compliance in the ever-changing regulatory landscape.
To cater to different user needs, Ping Exchange introduces a tiered system with varying withdrawal limits and privileges based on verification level and financial background. This user-centric approach allows traders to enjoy customized benefits based on their specific requirements, enhancing the overall trading experience.
Ping Exchange empowers its users by incentivizing data sharing through its unique ecosystem. With CorePass ID, users can utilize CTN tokens to purchase verification vouchers, which are then assigned to their wallets. This ownership of data gives users control over their information and the ability to be rewarded when sharing data with third parties, a refreshing departure from the prevalent model seen in web2 applications.
One cannot overlook the significance of Ping Exchange as the first platform to trade XCB and CTN. Core Coin (XCB) stands out for its eco-friendly Proof-of-Work algorithm and high transaction speeds, positioning it as a sustainable alternative in the crypto space. On the other hand, Core Token (CTN) serves as a utility token within the Core ecosystem, facilitating seamless transactions and data exchanges across various services. With multiple trading pairs available, including ETH, BTC, LTC, and USDC, Ping Exchange offers a diverse trading environment for users.
Ping Exchange has established itself as a revolutionary trading platform with its integration of CorePass ID and commitment to user-centric features. By providing secure and efficient trading through a blockchain-secured identity, simplified transactions, a compliant environment, and user empowerment, Ping Exchange sets a new standard in the crypto trading landscape. With the introduction of XCB and CTN, Ping Exchange further enhances its offerings and delivers unparalleled opportunities to traders seeking a seamless and innovative trading experience.