How IXFI Plans to Solve the Following Crypto Industry Problems

At IXFI, we offer a new kind of cryptocurrency exchange, one that seeks to bring crypto to the very forefront as a modern banking alternative.

So, what does this mean? Our IXFI exchange platform is the first exchange that goes beyond trading, providing features to rival conventional banks and financial institutions. The concept is simple really, everything you need for managing your finances, all in one place.

Why spend your time switching from platform to platform, when you can consolidate all of your financial transactions in one secure location? Certainly in our lifetimes, we will see cryptocurrencies replace at least some of our more outdated financial institutions.

For crypto to replace these conventional banking systems successfully, people need to have trust in the platforms and providers at the helm of this fledgling industry. Our platform offers security and safety, ease of use and additional benefits, everything that today’s consumer seeks from their banking provider.

Why IXFI?

Whether you’re new to crypto or an experienced trader, our platform has something for you. IXFI allows you to explore the market in a safe environment with our very own crypto playground. This new breed of multi-layered crypto ecosystem will harness the true power of digital finance.

In its short lifespan, investment in cryptocurrency has surpassed that of many other industries. The result? In a little over a decade, the landscape of cryptocurrency has been transformed. What was once a niche technology is now vying for a place alongside conventional banking. Digital transformation in banking has accelerated in recent years, the question is how will this landscape look in years to come?

At IXFI, we are paving the way for other exchanges to follow in our footsteps. In the meantime, our team will continue to hone its expertise, developing new and intelligent solutions for our customers.

Problems we’re solving

In this article, we look at how IXFI plans to solve some of the pain points and main problems faced by the crypto industry. Keep reading to learn about the unique features we will use to do this.

So, what are some of the main problems cryptocurrency investors are experiencing with exchange platforms?

Complicated User Interfaces

Change can be scary, especially when our finances are at stake. Taking a glance at some of the cryptocurrency platforms out there, it’s no wonder people are intimidated. From complicated user interfaces to slow networks and lengthy processes, it’s hard to know where to begin.

If crypto is really going to be a contender against high street banks, it needs to offer a user experience that’s somewhat similar to what’s already out there. This means a streamlined, modern design that’s intuitive and user-friendly. Even those who are visiting the IXFI platform for the very first time will know what to do. Our all-in-one solution has been designed so that anyone can use it, whether they are new to the crypto exchange or looking to get the most out of their trades.

With IXFI, paying for goods and services will be simple using our crypto debit cards, when this feature will be rolled out later this year.

A Lack of Education

The market is changing, and we can’t stress this enough. We are working towards a decentralized future, away from the red tape and bureaucracy of conventional banking. New terminology, new ways of doing things, it can be a lot to take in. People these days haven’t got much time to spare reading up on the industry or learning how things work.

So you don’t fall at the first hurdle, IXFI provides you with everything you need to know to be prepared, through IXFI Academy, as well as educational pieces on the core concepts and pillars of cryptocurrency trading. We also publish the latest industry news on our blog, saving you time and energy.

At IXFI, we want to make cryptocurrencies accessible for everyone, whether they’re full-time traders or they’ve only got a few minutes to log onto the platform at the end of the day.

Long Waiting Times for Transfers

Crypto platforms have been around for over a decade now, but it is only recently that they have started to develop their features and ease of use to rival that of conventional banks. In order to retain customers, platforms like IXFI need to provide a seamless user experience. At IXFI, this means being able to make transfers quickly and easily. Crypto platforms need to rival the instantaneous technologies offered by modern banks.

Speed things up by going mobile. With IXFI, you will be able to make crypto transactions on the go using your mobile device. We are also preparing to release our own mobile app suitable for both iOS and Android, which will make things even easier for our customers.

A Lack of Transparency

A lack of clear and universal regulatory guidelines means that the crypto industry is rife with illegal activity, volume manipulation and data breaches. Here at IXFI, transparency remains present in all of our actions, and that begins with offering our users easy-to-digest educational materials.

By educating our users, we can help them avoid the risks associated with using cryptocurrencies. As well as investing a significant amount of our resources in maintaining our security measures, we remain informed of the latest threats on the market in order to further develop these measures as needed.

Subpar Security Measures

Dabbling in crypto trading as a hobby is one thing, but using a crypto platform as your primary method of managing your finances? You might be asking yourself: “How do I know it’s secure?”

Keeping your funds secure is central to everything we do here at IXFI. Using a combination of features, we ensure your funds remain protected throughout each and every transaction. At IXFI, we take a multi-layered approach to security, using blockchain technology, our KYC system and anti-phishing codes, as well as block verification.

Your IXFI wallet is the perfect place to store your cryptocurrency. Not only is our platform highly secure, it is also highly versatile. The fact that you can make all of your transactions in one place no matter the currency means less time spent switching from platform to platform, making it easier to keep your account secure and keep track of your trades. Our all-in-one platform supports more than 500 varieties of cryptocurrencies and tokens, streamlining your crypto trading process.

Conclusion

Whether you’re new to the market or an experienced investor, it’s an exciting time for this burgeoning industry. What we’re seeing is a real and concrete change that can and will make a difference in the lives of ordinary people.

One thing’s for sure, Your Friendly Crypto Exchange is here to stay. The question is no longer “if” you will make the leap to crypto, but “when”. IXFI’s enhanced features tackle some of the main issues faced by the crypto industry today, drawing both new and experienced users to the platform.

Here at IXFI we are on a journey towards decentralized banking for all, making crypto accessible for everyone and anyone. So, are you in? Join IXFI and get started.

Disclaimer: The content of this article is not investment advice and does not constitute an offer or solicitation to offer or recommendation of any investment product. It is for general purposes only and does not take into account your individual needs, investment objectives and specific financial and fiscal circumstances.

Although the material contained in this article was prepared based on information from public and private sources that IXFI believes to be reliable, no representation, warranty or undertaking, stated or implied, is given as to the accuracy of the information contained herein, and IXFI expressly disclaims any liability for the accuracy and completeness of the information contained in this article.

Investment involves risk; any ideas or strategies discussed herein should therefore not be undertaken by any individual without prior consultation with a financial professional for the purpose of assessing whether the ideas or strategies that are discussed are suitable to you based on your own personal financial and fiscal objectives, needs and risk tolerance. IXFI expressly disclaims any liability or loss incurred by any person who acts on the information, ideas or strategies discussed herein.

Share

Related Posts

About IXFI

We’re building the future of finance by helping millions across the globe have an easy and safe way to access cryptocurrency. Our goal is to deliver a new age, revolutionary, yet friendly product, that meets our users’ needs.

Follow Us

Stay up to date