Failed digital currency exchange

After a "thousand exchanges" war in the currency circle, the exchange is now in an unsaturated stage of competition, because the moat at the head is not wide enough, the barriers to competition are not hard enough, and the competition that everyone wants to win is very big. Globally, the total volume of digital asset trading is a growing market, and the exchange is the top of the whole instry's food chain, What we are entering is a "new continent of digital world", and the market is big enough; With the continuous iteration of technology and the increasing of application scenarios, the needs of users are also constantly diversified, with a hundred flowers blooming and a hundred schools of thought contending, each with its own characteristics. But after all, "safety first"
the security of exchanges is an eternal topic
as the gathering place of interests, the game of interests behind may create evil links. Looking back on the development history of digital currency exchange, we can see a history full of glory and darkness. Glory is that it continues to provide users with more and more trading services and categories. Unfortunately, in the early stage of the instry, there was a lack of system. Most of the traditional exchanges were highly centralized. As the vested interests, they were opaque in assets, unfair in the distribution of interests, weak in the underlying structure, backward in security technology, chaotic in currency rules, and even dark box operation. In order to promote the global blockchain instry into a healthy development state, the market urgently needs an innovative, democratic, transparent, equal, free and safe trading environment to cope with the upgrading and iteration of the blockchain instry and promote the formation of a benign competition pattern in the global exchanges
the endless events tell us that history will not forget the instrial revolution and innovation mission of the blockchain instry, but also the hope brought by the blockchain to the global trust mechanism and the beautiful vision of redefining the world. Because of this, based on our deep understanding of the blockchain revolution and our goal of making a key contribution to the global blockchain business, we are striving to "pick one from a thousand miles" the most reliable blockchain asset trading platform

as an investor in the currency circle, the big knife of asset security is always hanging on his head. We all realize that the currency circle is a place where risks gather, so we don't even have the courage to recommend investment opportunities to our relatives and friends. Not to mention the drastic fluctuations in token trading, even buying and hoarding coins in the exchange are not bold to recommend. Because in the current stage of weak supervision, many exchange accidents and security news emerge in an endless stream, which means that a careless friend's assets will be swept away. When this wave of bear market came, we saw too many exchanges go bankrupt because of poor profits. At this time, conscientious exchanges will return the token to users, but most of them will roll up the token after they declare bankruptcy. There is "Mentougou" before and "fcoin" after. At this time, users react: you want to earn the profits of the transaction, people are interested in your principal. After seeing too much news like this, I seldom recommend buying coins to friends who are interested in investing in the currency circle

until I also experienced the "312" currency disaster in 2020, fortunately, my exchange adopted the circuit breaker mechanism in time to deal with it, so that I reced the panic and cut the flesh. Until now, the market has come back, experienced the return of capital and made profits, I carefully considered recommending this exchange; In this currency disaster, LOEX Lein of this exchange took correct and timely measures to protect the interests of users, won good reputation of users, and stood the test before I really took action and recommended it to my friends
the exchange, which has been operating for two years and has kept a record of zero security failures, has captured the rigid demand of many investors: asset security since its emergence. LOEX always adheres to the principle of user first and safety first, provides users with a safe, stable and convenient digital asset trading platform, and is committed to becoming a leader in the era of digital economy
first of all, LOEX ren operates openly through smart contracts
every user's transaction can be clearly observed through the EOS browser to ensure that your transaction is real. At the same time, because your assets are no longer handed over to the official team of LOEX ren, they are put in a place called "smart contract". Public rules ensure that your assets are smart and your EOS account is free to enter and leave, which ensures the safety of your assets. This is a safe transition to decentralization
next, LOEX also has AI program to automatically detect
fault handling: support cluster expansion and active / standby operation
monitoring and early warning: real time monitoring of functional moles and timely early warning of abnormal moles
operation and maintenance center: it has a complete server cluster and database maintenance platform
protection measures: DDoS protection, intelligent ban, remote disaster recovery,
risk control management
we have a cross chain hosting cooperation system
the security system cooperates with Manwu District, know Chuangyu and other well-known enterprises
we have reached in-depth cooperation with the above-mentioned well-known institutions in terms of security. The security institutions provide a series of code audit services for smart contract projects, and continue to provide security audit services after the code upgrade of the project party. At the same time, the organization team will also provide long-term safety testing services to LOEX
therefore, what LOEX can do is secure asset protection, risk screening of currency projects, and security behavior inspection of exchange users
financial management cooperates with famous Wall Street AA level quantitative team
in the future, it can make LOEX exchange more secure and reliable. LOEX cross chain hosting can bring a large number of application scenarios to customers. LOEX exchange can provide sharing depth for all partners of loex.io, so that customers can have better circulation and trading depth in the exchange, and complete safe startup

I will. If the digital trading exchange suddenly closes, then all the currencies inside will be gone

digital currency will appreciate with the increase of the number of participants in the scam. In the cycle of digital currency appreciation, the number of participants who can obtain digital currency will also increase, and the participants, including the lowest level participants, will also gain. However, when they enter the cycle of devaluation, the bottom level participants often lose a lot

in 2017, the Internet Finance Association of Jiangsu Province issued the "internet pyramid selling identification guide", which named 26 so-called digital currencies as illegal pyramid selling projects covered or suspected to be covered with digital currency

extended data:

distinguish whether digital currency is MLM currency:

issuing method

virtual currency does not rely on specific monetary institutions. It is proced according to specific algorithms and through a large number of calculations. It is a decentralized issuing method. Each different terminal node is responsible for maintaining the same account book, and the maintenance process is mainly to package and encrypt the transaction information by the algorithm, while the MLM currency is mainly issued by a certain organization, and the profit is made by pulling the head