The second quarter of 2019 had given the crypto market plenty of reasons to be cheerful. The price surge means that public interest in cryptocurrencies is once again on the rise. Google searches for Bitcoin spiked in early April, and there has been a similar peak in the number of new blockchain wallets registered during that time.
This sudden influx of newcomers isn’t just good news for the markets. Growth means there are opportunities for fresh talent, innovations, and business models to enter the market. In the exchange business, one such new entrant is XCOEX exchange. In a move sure to appeal to crypto’s newcomers, this exchange is all about keeping it simple. Their latest Bitcoin Cash giveaway promotion is also a testament to this philosophy.
XCOEX is a new cryptocurrency exchange that aims to make trading of cryptocurrencies as simple as possible. Users can transfer fiat to crypto and vice-versa, as well as crypto-to-crypto exchanges of all the major coins.
The interface is fast and intuitive, available via desktop or mobile through the App Store or Google Play Store. Registration and on-boarding take only a few minutes to undergo the requisite background checks.
XCOEX also features a free-to-use integrated secure wallet. The company works with the world’s best provider of cold storage wallets and offers two-factor authentication to protect user funds.
XCOEX Bitcoin Cash Giveaway Contest
For June only, XCOEX is running a giveaway for its users, with $30,000 worth of Bitcoin Cash to be won. Each day, one eligible account will be randomly selected and $1,000 worth of BCH will be deposited into their account.
So what exactly is an “eligible account” and how do you go about getting one? In keeping with the overall ethos of the exchange, it’s very straightforward. You need to sign up as a user via the website, and once your account is open, transfer crypto worth $20 or more to your account. Finally, join the XCOEX Telegram group, and give the exchange a follow on Twitter to be in with a chance of being picked for the $1,000 daily prize.
The company also has its own YouTube channel where you can follow the promotion to see the random selection each day for yourself. The giveaway will end on June 30.
Really, No Gimmicks?
Such a pared-back approach is rare and somewhat refreshing in the world of cryptocurrency. However, the barriers to entry for crypto are still unfavorably high. Newcomers have to quickly educate themselves about blockchain, exchanges, and altcoins, not to mention more than a decade’s worth of memes, jargon, and folklore.
In technology, stripping back the complexity inevitably becomes the best way to inject growth and new interest. Consider Google, which became the dominant search provider based on a single search box and two buttons. Apple’s USP is in creating devices with fewer ports and buttons than the competition.
Of course, no gimmicks do not mean XCOEX is compromising on quality. The exchange offers customer support on a 24/7 basis, with users able to call and speak directly with a technical expert if required.
All major cryptocurrencies are supported with more to be added over time. XCOEX is fully licensed to operate in Europe and services users in over 40 countries. The company has an international, multidisciplinary team of more than 50 people bringing experience in brokerage, coding, and design.
Attracting users is critical for any new exchange. As a further means of reaching potential new customers, XCOEX also offers an affiliate program. Affiliate partners can earn attractive commissions from referrals to the exchange and are provided with a wide selection of marketing materials designed to appeal to users.
Something for Everyone
Simplicity has a timeless appeal. Whether you’re a newcomer to cryptocurrency or a more experienced user, what you want from an exchange comes down to fundamentals such as usability, speed, reliability, and security. XCOEX ticks all of those boxes, with a clean and slick exchange platform. In an industry crowded with bells and whistles, taking the “less is more” approach has become a great way to stand out.