CryptoXchanger ExchangeCoin ICO Review- Is it a Scam?

[bitcoininvestor]

The CryptoXchanger ExchangeCoin ICO has started today with 6 million coins going on sale.

What is CryptoXchanger?
https://cryptoxchanger.net/?re=bVpIUHha ... bm9RPT0%3D
They're planning on developing a new decentralized cryptocurrency exchange. They also state in their whitepaper that they're planning on launching a lending program on their platform.

The rise of cryptocurrency and ICOs

This year has seen a huge rise in cryptocurrency. The total market cap is now over $200 billion. Bitcoin still leads the way at around $7,000 per coin. However this year has seen other cryptocurrencies grow with Ethereum now in 2nd place and worth over $300 per coin.
Many projects and businesses are now also using ICOs as a way of raising funds for their projects, with many now viewing this as a better way to raise funds over more traditional methods.
One of the problems with the market is that many of the exchanges are hard to use and require extensive ID checks. CryptoXchanger plans to create a new decentralized platform to help solve some of the issues.

Lending platforms
https://cryptoxchanger.net/?re=bVpIUHha ... bm9RPT0%3D
Many different industries have entered cryptocurrency this year. One of the most succesful so far has been lending platforms. Bitconnect was one of the first, they initially sold their coin through an ICO at just $0.5 per coin, it's now worth close to $300. There's recently been a huge increase in the amount of lending platform ICOs, any project launching with a lending platform seems to quickly see their coin or token price rise quickly as soon as it starts.

CryptoXchanger features

The new ExchangeCoin platform aims to solve many of the problems associated with cryptocurrency exchanges, just some of the benefits are listed below:

[*]Decentralized: The data isn't kept by an owner on 1 centralized server, instead it's shared among users, meaning that nothing can take it down.
[*] Safe: Due to the decentralized nature there's no 3rd party you need to trust to look after your money.
[*] Anonimity: You won't even need to register, simply enter your crypto wallet address.
[*] Person to person: All transactions will be direct between users.
[*] Transparency: The platform will use smart contracts that contain the details of all transactions on the network.
[*] Speed: The new blockchain will process transactions in around 5 seconds.
[*] VPN: Many countries aren't able to use crypto due to laws, the new platform will integrate VPNs meaning that users can use the platform from anywhere.

CryptoXchanger lending platform

The new platform hasn't listed full details of their lending platform yet which they plan to set up once the ICO has finished but they state on their website that they aim to offer up to 45% interest per month which is around the same as their competitors offer.

ICO details

There will be a total of 6 million ExchangeCoin available during the ICO, the sale is split up into 6 different rounds with 1 starting every 5 days. The current price per coin is just $1.

CryptoXchanger Conclusion

The new platform looks to have a solid plan. They offer many advantages over the traditional cryptocurrency exchanges, many people believe that decentralized exchanges will be the future.
The main part that interests me however is their lending platform, I've invested in many lending platform ICOs and made a large profit doing so. The price tends to go up by atleast 10x as soon as the coin is listed on an exchange.
Sign up below to gain instant access to the platform:
https://cryptoxchanger.net/?re=bVpIUHha ... bm9RPT0%3D

[CryptoLending101]

Check out all the Latest Crypto Lending Platform Comparisons and Reviews of CryptoXchanger at https://cryptolending.review