Ping Exchange has made an impressive debut in the world of crypto trading, marking a significant evolution for Core Blockchain. Since its launch on January 1, this innovative platform has been making waves with its unique integration of CorePass ID for user authentication. By leveraging the Core Blockchain ecosystem, Ping Exchange offers users a decentralized digital identity that ensures secure and efficient trading.
A Revolutionary Login Process
One of the standout features of Ping Exchange is its revolutionary login process. Unlike traditional methods such as two-factor authentication (2FA), the platform utilizes a blockchain-secured identity called CorePass ID. This login system transforms the user experience, providing rapid and passwordless access to the platform. With CorePass ID, users can enjoy the benefits of a decentralized digital identity, allowing for greater security and seamless market access.
Efficiency and Security at the Core
Ping Exchange takes efficiency and security to the next level with its integration of CorePass ID. Personal information is securely stored on the blockchain as an identity NFT, offering enhanced protection against potential security breaches. This approach not only ensures the privacy and integrity of user data but also streamlines the trading process. The platform’s built-in HD wallet further simplifies transactions, allowing for immediate withdrawals and deposits of its native cryptocurrencies, XCB and CTN.
Apart from its innovative login system, Ping Exchange stands out with its cutting-edge compliance platform. Developed in collaboration with CorePass and Core Blockchain, this platform features a user-friendly interface for KYC, AML, PEP, and sanctioned user management. It adapts to various local and international regulations, enabling Ping Exchange to remain compliant in a dynamic regulatory environment. With this comprehensive compliance solution, users can trade with peace of mind, knowing that they are operating within legal boundaries.
Tiered System for Enhanced User Experience
Ping Exchange offers a tiered system to enhance the user experience, providing different withdrawal limits and privileges based on the level of user verification and financial background. This approach ensures that users can customize their trading experience based on their individual needs and preferences. By offering flexible options, Ping Exchange caters to a wide range of users, from beginners to experienced traders.
Ping Exchange empowers its users by allowing them to retain ownership over their data. Users of CorePass ID can use CTN tokens to purchase verification vouchers, which are then assigned to their wallets. When data is requested for user registration, KYC, and AML purposes, applications like Ping Exchange redeem users in CTN tokens. This unique process rewards users for sharing their information with third parties, a departure from the common practice of freely giving away data in exchange for services in web2 applications.
Ping Exchange is the first platform to offer trading in Core Coin (XCB) and Core Token (CTN). Core Coin stands out for its eco-friendly Proof-of-Work algorithm and high transaction speeds, positioning it as a sustainable alternative in the crypto space. On the other hand, Core Token serves as a utility token within the Core ecosystem, facilitating seamless transactions and data exchanges across various services. These cryptocurrencies are available in multiple trading pairs, including ETH, BTC, LTC, and USDC, providing users with a diverse range of options.
Ping Exchange has brought about a paradigm shift in the crypto trading landscape. With its integration of CorePass ID, the platform offers a decentralized digital identity, revolutionizing the login process and ensuring secure and efficient trading. The platform’s compliance platform, tiered system, and user-centric approach further contribute to an enhanced trading experience. By introducing Core Coin and Core Token as native cryptocurrencies, Ping Exchange is at the forefront of innovation and sustainability in the crypto space.