Livecrypto outshines among all the contemporary platforms

What do you expect out of a cryptocurrency exchange? Timely exchanges without any delay or glitches, lowest transaction fee and most importantly, security, these are the most basic things that we expect when we execute a crypto transaction whether it is payment or exchange. When it comes to cryptocurrency, we get readily assured that our payment will be secure thinking that it is being carried out on blockchain.

Debunking the myth of exchanges

For most people who think their transactions on crypto exchanges are safe, here's the catch. Almost every crypto exchange run their platform on centralized mechanism contrary to the popular belief that crypto transactions happen only on blockchain. This might be a shock for some but this fact has been revealed by a lot of other people who have reviewed cryptocurrency exchanges.

In that sense, it has also become an open secret for the entire cryptosphere, but, unfortunately there is no regulatory body over crypto-based services that could check their validity. Therefore, crypto exchanges are going about their business above-board jeopardizing the information of its users and also the digital assets. In past, there have been incidents of crypto theft but the platforms don't seem to learn anything.

An exchange with unaltered blockchain

Livecrypto exchange makes an exception and delivers blockchain in its platform for real. This is probably the only or one of the few platforms that have implemented blockchain without any modifications done for keeping the control. Blockchain is a decentralized distributed ledger, which means it can't be controlled like any other centralized app. This is the biggest salient feature of this technology which also makes people reluctant to adapt it.

While it is being adapted in industries for bringing seamlessness in operations, some people have preferred to keep it at arm's length as it snatches the control out of their hands. The same thing applies on exchange platform owners who want users on their platform but do not want to let go off the control. Blockchain brings autonomy in every process, it let the protocol rule over entities and do not let anyone interfere in its working.

Doing justice to crypto users

Due to this functionality, governments of various countries are mulling over its implementation in their departmental working which involves various levels through which information gets intercepted and tampered to gain undue advantages. Blockchain changes all this with a network that keeps a watch on every movement and leaves every piece of information indelible to get easily tracked if needed. That's why, it is needed and feared at the same time.

Livecrypto does a great service in catering the crypto users with uncompromised usage of blockchain. This platform has adapted blockchain technology in its crudest form rather than customized manner which almost leaves it centralized. Therefore, Livecrypto does justice to all the crypto users by making their transactions totally anonymous to everyone else.