Home Crypto Market Movers Ping Exchange: Revolutionizing Crypto Trading with CorePass ID and Native Currency Trading

Ping Exchange: Revolutionizing Crypto Trading with CorePass ID and Native Currency Trading

In a groundbreaking move reshaping the world of cryptocurrency trading, Ping Exchange has emerged as a pioneer with its unique CorePass ID authentication system and the introduction of native digital currencies XCB and CTN. This innovative exchange, which launched its operations on January 1, is setting new standards in security, user experience, and compliance.

At the heart of Ping Exchange’s appeal lies its revolutionary CorePass ID authentication, a decentralized digital identity system built on the Core Blockchain ecosystem. Unlike traditional login methods relying on two-factor authentication (2FA) or passwords, CorePass ID offers users a passwordless and blockchain-secured identity. This approach not only ensures swift access to the market but also fortifies security by protecting personal information as an identity Non-Fungible Token (NFT) on the blockchain.

The CorePass ID system redefines the traditional login process, bidding farewell to conventional methods like two-factor authentication (2FA). Instead, it embraces a blockchain-secured identity, ensuring swift, passwordless access for users. This monumental shift not only streamlines access but also fortifies security measures, safeguarding personal information within the blockchain as an identity NFT (Non-Fungible Token).

The marvel of CorePass ID extends to Ping Exchange’s in-built HD wallet, simplifying transactions by enabling immediate deposits and withdrawals of their native cryptocurrencies – XCB and CTN. These native currencies serve as the backbone of the platform, allowing users to seamlessly engage in trading activities within a secure and efficient environment.

Beyond its pioneering authentication system, Ping Exchange sets itself apart with its state-of-the-art compliance platform, developed in collaboration with CorePass and Core Blockchain. This platform boasts a user-friendly interface designed to cater to Know Your Customer (KYC), Anti-Money Laundering (AML), Politically Exposed Person (PEP) screening, and regulated user management. Its adaptability to local and international regulations ensures compliance amidst the ever-evolving regulatory landscape.

The platform showcases a diverse array of trading options, including popular cryptocurrencies such as BTC, ETH, LTC, and USDC, alongside the unique XCB and CTN tokens. What distinguishes Ping Exchange further is its tiered system, offering various withdrawal limits and privileges based on user verification levels and financial background.

One of the groundbreaking aspects of CorePass ID is its innovative use of CTN tokens for verification purposes. Users can utilize CTN tokens to acquire verification vouchers, which are then allocated to their wallets. Upon verification, users are rewarded in CTN tokens when their data is requested for user registration, KYC, and AML purposes. This approach empowers users by granting ownership over their data and incentivizing data-sharing with third parties, a refreshing departure from the conventional practice of relinquishing data for free.

At the core of Ping Exchange lie its native currencies – Core Coin (XCB) and Core Token (CTN). Core Coin (XCB) boasts an eco-friendly Proof-of-Work algorithm coupled with lightning-fast transaction speeds, positioning it as a sustainable force within the crypto sphere. Meanwhile, Core Token (CTN) operates as a utility token within the Core ecosystem, facilitating seamless transactions and data exchanges across various services. These distinctive cryptocurrencies are available in multiple trading pairs, including ETH, BTC, LTC, and USDC, amplifying the trading possibilities on the platform.

The integration of CorePass ID extends further, simplifying transactions with immediate withdrawals and deposits of Ping Exchange’s native cryptocurrencies, XCB and CTN, through its built-in HD wallet. This seamless functionality not only enhances the user experience but also sets a new benchmark for efficiency within the crypto trading sphere.

Another standout feature of Ping Exchange is its cutting-edge compliance platform developed in collaboration with CorePass and Core Blockchain. This platform offers an intuitive interface for managing KYC (Know Your Customer), AML (Anti-Money Laundering), PEP (Politically Exposed Person), and sanctioned user requirements. Its adaptability to both local and international regulations ensures ongoing compliance in an ever-evolving regulatory landscape.

The platform facilitates trading in a variety of popular cryptocurrencies such as BTC, ETH, LTC, and USDC, in addition to its native XCB and CTN. What distinguishes Ping Exchange further is its tiered system, tailoring withdrawal limits and privileges based on user verification levels and financial background.

Users utilizing CorePass ID have the added advantage of using CTN tokens to acquire verification vouchers that are then allocated to their wallets. Upon verification, users receive CTN token rewards when their data is utilized for user registration, KYC, and AML purposes. This unique process empowers users by allowing them to retain ownership of their data while receiving compensation for sharing information with third parties, a departure from the norm in traditional web applications.

Ping Exchange’s debut also introduces the trading of XCB and CTN, representing Core Blockchain’s advancements in the crypto space. Core Coin (XCB) stands out for its eco-friendly Proof-of-Work algorithm and rapid transaction capabilities, positioning itself as an environmentally sustainable alternative in the cryptocurrency market. On the other hand, Core Token (CTN) serves as a utility token within the Core ecosystem, facilitating transactions and data exchanges across various services. These cryptocurrencies are available in diverse trading pairs, including ETH, BTC, LTC, and USDC, providing users with ample options for their trading needs.

In conclusion, Ping Exchange’s launch marks a significant milestone in the world of crypto trading. With its innovative CorePass ID authentication, native XCB and CTN currencies, robust compliance platform, and user-centric approach to data ownership, the platform sets a new standard for security, efficiency, and user empowerment in the evolving landscape of digital assets and exchanges.

Read more about:
Share on

Pankaj K

Pankaj is a skilled engineer with a passion for cryptocurrencies and blockchain technology. With over five years of experience in digital marketing, Pankaj is also an avid investor and trader in the crypto sphere. As a devoted fan of the Klever ecosystem, he strongly advocates for its innovative solutions and user-friendly wallet, while continuing to appreciate the Cardano project. Like my work? Send a tip to: 0x4C6D67705aF449f0C0102D4C7C693ad4A64926e9

Rate this article 0 / 5. 0

Crypto newsletter

Get the latest Crypto & Blockchain News in your inbox.

By clicking Subscribe, you agree to our Privacy Policy.