XDAT redefines trust in crypto sector
XDAT to redefine ‘trust’ as a new player in the crypto exchange industry
XDAT, short for Exchange of Digital Assets with Trust, is a global cryptocurrency trading exchange based out of Malta. The newfound cryptocurrency exchange, aims to facilitate crypto-fiat trading retail investors, professional traders, institutions and crypto enthusiasts by redefining trust in the industry by providing a platform that is transparent, regulated and user-friendly. It’s equipped to provide its customers with airtight security, high liquidity, and an informative knowledge base to educate its users.
As an introductory offer, XDAT has extended an Early Bird Discount for registrations till March 2019 with zero fees for makers and deep discounts for takers. Additionally, with its referral program, users can flat 40% of the transaction fees of their referrals.
XDAT is the brainchild of Prashanth Swaminathan, one of the first veteran investment bankers with an expertise in cryptocurrencies and blockchain technology to start a crypto exchange. Having become an investment banker right before the great financial crisis in 2008, Prashanth has seen the limitations of centralized banks first-hand and believes that cryptocurrencies have a great future to operate as a parallel economy. He firmly believes that the crypto space will need to learn to co-exist with the incumbent system as regulators and Governments will not allow a parallel economy to develop that cannot be tracked and which could be to the detriment of the masses.
The genesis of XDAT is in these roots as Prashanth believes that longevity of cryptocurrencies requires mass adoption, and mass adoption will only happen when the masses not only trust the exchange but are also educated and encouraged to understand and use crypto in their daily lives. This can only be generated when the exchange is regulated and can assure the masses that it is undertaking its activities in a fair manner.
As the CEO of XDAT, Prashanth Swaminathan aims to empower a high-performing cryptocurrency exchange that will build trust with the early adopters of cryptocurrencies and open its doors to anyone and everyone who wants to invest in the future of money. He has put together a powerful team with skilled professionals from different industries such as FMCG, traditional financial services, technology, and accounting; he aims to bring conventional wisdom and know-how into this emerging space. With a strong foundation in place, XDAT is ready to take on the world and leave an impression on the crypto- exchange landscape.
In short, XDAT is bringing in the best of both worlds and developing a practical and viable long-term solution that aims to win the trust of the masses.