The popularity of cryptocurrencies exploded at the start of 2018 with the volume on trading exchanges hitting record highs, even forcing some exchanges to close access to new users. With this increased popularity, the Rubius team hopes to offer a new cryptocurrency exchange, wallet, and next-generation bank for users around the world. The team plans exciting features for the exchange platform while also implementing security protocols to encourage user’s safety. On another consumer-friendly note, the team will put user experience as a top priority, in which they claim as much as 95% of cryptocurrency loss is due to user error such as an incorrect wallet address or sending funds to a non-compatible wallet. With a better user interface, the team hopes to lower this high loss rate from user errors. Finally, the creation and use of the platforms unique token, called Ruby coin, will allow users holding this token to pay 50% less on trading fees. Let’s take a closer look at some of the user-friendly features Rubius plans to implement.
The team wants to bring a better solution to the wallet and exchange sector of cryptocurrencies. These particular parts of the cryptocurrency world are often associated with user loss or theft. To alleviate these problems, Rubius will build advanced systems with features tailored to benefit users on the platform. The Rubius team will operate security protocols in which data is stored both locally and in the cloud to ensure customer’s data is well protected. Even further, also offering asset protection for clients. These two security features should be welcomed by the cryptocurrency community with the past calamity of hacks and exchange attacks that have taken place. Finally, the team will make utilization of the Ruby, a native coin to the platform in which holders can get 50% fewer fees for trades made on Rubius. All and all making an exciting set of both user experience and security features to offer with their exchange.
The Rubius Solution
The team plans to create a wallet, called “Aryl” which will have a variety of exciting advanced and creative features exclusive to the Rubius platform. First, the wallet will have a feature in which users can elect to utilize to protect their funds from rapid loss with the use the so-called “volatility shield” to automatically make trades if the market goes against their position. Even further the wallet will accept a variety of tokens which can be used for payments to users while automatically exchanging them into coins or tokens of the holder’s preference. Even further, there will be lower fees on the exchange compared to competitors with fees only at .1% for a trade. This should help with maximizing user profits through a decreases amount of their hard earned money going to trading fees. All and all the team plans to utilize an initial coin offering for the Ruby coin as a way to manage the development and early marketing of the platform.
Eth Address: 0x7E676D85d45acc57A7483F3DE33BF6E87A42b10e