White Paper Of ExchangeCoin

Blockchain-Based Exchange Platform VER. 1.1

Abstract 3

About ExchangeCoin 4

Why choose ExchangeCoin 7

Technical parameters 8

ExchangeCoin allocation 9

Roadmap 10

ICO 11

Use of ICO Fund 12

Investment opportunities 13

Affiliate program 14

Terms & Conditions 15

Table of content

Abstract

The blockchain is yet to make a significant breakout as a global exchange’s

base. Transparency, safety, and anonymity should be the values taken as the

priorities for new exchanges on the market. ExchangeCoin was created to

be a leader in this industry as we plan to incorporate all the useful features

from centralized exchanges and enrich them with all the advantages that

come with blockchain technology.

The idea for ExchangeCoin (EXCC) was born during the creation of

CryptoXchanger - cryptoxchanger.net. Our development team had to

register and integrate a dozen exchanges into our platform. Some exchanges

required verification, and some did not even have API for all the currencies

we wanted to incorporate into the exchanger. The creation of a blockchain-

based cryptocurrency exchange became our dream, and now we want it to

make it come true.

The primary goal of our new exchange will be the incorporation of all

functional features that offer centralized exchanges, as follows:

About ExchangeCoin

User friendly/intuitive interface

Timeline chart with multiple analytic tools

Stop-limit orders

We would like to enrich all the above features with the advantages that

come with blockchain technology:

Decentralization - The data is not kept on a single server, but is shared

among all the users. It means that a decentralized exchange cannot be

taken down, even by government.

Safety - There is no 3rd party you must entrust your money to, each

user holds the private keys of their icons.

Anonimity - No need to register, all you will need is a client software (or

our website) and a wallet address.

P2P - All transactions are person to person, and there is no 3rd party

involved.

Security - Multi-signature gateway software that protects the network

from unauthorized transactions.

Transparency - All deposits, withdrawals, and order books will be stored

on the blockchain. There is no place for exchanges manipulation.

Speed - We plan to project a blockchain that can process up to 100.000

transactions per second with an average confirmation time of just 5

seconds.

Cross-Chain transactions - This point is challenging as transactions

between different blockchains are not straightforward. Some other

projects have already succeeded in atomic swaps, so we know it is

possible.

VPN - Many countries have firewalls and ban their residents from some

services. We plan to integrate VPN into the client, so that anybody can

have access at all times. It will also increase the anonymity

of our service.

Why choose ExchangeCoin

No trade limits - Currently centralized exchanges decide which currencies

pairs are traded. ExchangeCoin will allow trading any coin pairs that are

listed. Also, there will be no transaction limits.

Flat and low transaction fee - Despite others we will not charge

withdrawal fees as money will not be sent to our accounts. We plan to

introduce only a small transaction fee - 0.1%.

No manipulation - Order book, as well as all the transactions, will be

stored in the blockchain and will be available to check by everybody

within the block explorer. It will stop the orders that might be just an

exchange manipulation (don’t have coverage in cash).

EXCC bonuses - We plan to reward EXCC holders once the exchange is

operating. The initial plan says that holders will receive 20% transaction

fees gained by ExchangeCoin. More information will be announced

closer to date.

Multiple your investment - EXCC is not only an exchange project. We are

not like the others, and that is why we offer investment opportunities

to everybody. Right now, CryptoXchanger (ExchangeCoin founder)

provides a very generous investment return in a relatively short time.

Technical parameters

Coin name ExchangeCoin

Coin abbreviation EXCC

Coin Type Proof of Work

Algorithm Equihash

Time Between Blocks (sec) 150

Block Reward 38

Block Reward Halving Rate 316.000 (18 months)

Coins premined 8.000.000

Total coins 32.000.000

ExchangeCoin allocation

6 million EXCC will be issued during the ICO period. Another 2 million are

reserved for bonuses in the CryptoXchanger investment platform. The

remaining 24mln tokens will be available to mine with GPU.

Q4 - 2018

Support cross-chain trading

Starting EXCC exchange marketing

Upgrading EXCC Development Team

First Alpha of EXCC Blockchain Trading

Mining pool launch

Android/iOS wallet

Website and Wallet improvements

Q3 - 2018

Q2 - 2018

Increasing Security

Independent Web Wallet

Trading on more Exchanges

Open Mining

Trading on Exchanges

1st Airdrop to EXCC holders

Listing on CoinmarketCap

Windows, macOS, Linux Wallets

2nd Airdrop to EXCC holders

Q1 - 2018

EXCC as a reward for using CryptoXchange Investing Part

ICO Sale

Investment program closure

Web Wallet within Exchanger Site

Establishment of EXCC Development Team

Q4 - 2017

Roadmap

ICO

EXCC ICO has been announced in two principal purposes: raise funds to

create the decentralized exchange; and give EXCC holders opportunities to

gain profits from planned investment and mining programs, trading and

dividends in the future.

The ICO is divided into six rounds that will be at five-day intervals. The

wholesale will take 30 days. If any of the batches are not sold out entirely at

the end of the designated frame, the remaining unsold EXCC will be added

to the next batch. It not all the EXCC coins are sold by the end of the last

batch, CryptoXchanger reserves the right to decide what to do with any

unsold amount.

Use of ICO Fund

Investment opportunities

Affiliate program

To help popularize the ExchangeCoin idea and reach as many people as

possible, we’ve decided to launch an affiliate program. We believe that in

the modern advertising world - an affiliate marketing program is one of the

most effective tools to popularize the product.

Terms & Conditions

This paper is for informational purposes only and is not a statement of

future intent. The products and innovations set out in this document are

currently under development and are not presently in deployment, unless

expressly specified otherwise. CryptoXchanger makes no warranties or

representations as to the successful development or implementation of

mentioned innovations or technologies noted in the paper and disclaims

any warranties implied by law or otherwise, to the extent permitted by law.

The information contained in this document is derived from data obtained

from sources believed by CryptoXchanger to be reliable and is given in

good faith, but no guarantees or warranties, representations are made by

CryptoXchanger concerning the accuracy, suitability or completeness of the

information presented.

Any opinions expressed reflect the current judgment of the authors of this

document and do not necessarily represent the opinion of CryptoXchanger.

The opinions reflected herein may change without notice. CryptoXchanger

does not have an obligation to amend, modify or update this document or

to notify a reader or recipient thereof otherwise if any matter stated herein

or any projection, forecast or estimate set forth herein, changes or

subsequently becomes inaccurate.

Use of CryptoXchanger might carry financial risk. It should be used only

as an experimental software utility. CryptoXchanger is not responsible for

any damages, claims, losses, delays, business interruption cost or any other

expenses. CryptoXchanger is at this moment released by you from liability

for all losses. We decline any or all guarantees or warranties, including

any warranty of merchantability and warranty of fitness for any particular

purpose.

An Initial Coin Offering is an event in which an organization swaps all or part

of an amount of blockchain-based coins for other cryptocurrencies to raise

funds. Coin holders are often incentivized through loyalty bonuses based on

the coins owned. The potential increase of the currency, due to its usability

for various purposes, is also a driving incentive for participants.

There has been no public market for EXCC before the ICO. Although the

CryptoXchanger will use reasonable endeavors to seek the approval for the

availability of the EXCC for trading on a cryptocurrency exchanges, there is

no guarantee that such permission will be obtained. Furthermore, even if a

cryptocurrency exchange grants such approval, there is no guarantee that

an active or liquid trading market for the EXCC will develop, or even if

developed it will be sustained after the ExchangeCoin have been made

available for trading on such an exchange. There is also no guarantee that

the market price of the EXCC will not drop below the ICO price.

NO WARRANTIES; EXCLUSION OF LIABILITY

1. ALL PURCHASES ARE NON-REFUNDABLE. ALL PURCHASES OF COIN, TOKEN OR

CRYPTOCURRENCY ARE FINAL. PURCHASES OF COIN, TOKEN OR CRYPTOCURRENCY

ARE NON-REFUNDABLE. BY PURCHASING COIN, TOKEN OR CRYPTOCURRENCY,

THE USER ACKNOWLEDGES THAT NEITHER THE OPERATOR NOR ANY OTHER

OF THE COMPANY PARTIES ARE REQUIRED TO PROVIDE A REFUND FOR ANY

REASON, AND THAT THE PURCHASER WILL NOT RECEIVE MONEY OR OTHER

COMPENSATION FOR ANY COIN, TOKEN OR CRYPTOCURRENCY THAT IS NOT USED

OR REMAINS UNUSED.

2. THE OPERATOR IS NOT RESPONSIBLE FOR ANY ACTIONS AND OMISSIONS OF

THE BLOCKCHAIN NETWORK, WHICH IS INDEPENDENT FROM THE OPERATOR

NETWORK AND TECHNOLOGY. THE OPERATOR WILL ONLY TAKE CARE TO ENSURE

THAT THE OPERATIONS ARE OPTIMAL AND PROVIDE THE BEST PLATFORM

FUNCTIONING.

3. THE OPERATOR MAKES NO REPRESENTATIONS CONCERNING THE TAX

IMPLICATIONS OF THE SALE OF COIN, TOKEN OR CRYPTOCURRENCY OR THE

POSSESSION OR USE OF COIN, TOKEN OR CRYPTOCURRENCY. THE USER BEARS

THE SOLE RESPONSIBILITY TO DETERMINE IF THE PURCHASE OF COIN, TOKEN

OR CRYPTOCURRENCY WITH BTC, ETH OR ANY FIAT CURRENCIES OR THE

POTENTIAL APPRECIATION OR DEPRECIATION IN THE VALUE OF COIN, TOKEN

OR CRYPTOCURRENCY OVER TIME HAS TAX IMPLICATIONS FOR THE USER IN

THE PURCHASER’S RESIDENCE JURISDICTION. PURCHASING COIN, TOKEN OR

CRYPTOCURRENCY, TO THE EXTENT PERMITTED BY LAW, THE USER AGREES

NOT TO HOLD ANY OF THE OPERATOR PARTIES LIABLE FOR ANY TAX LIABILITY

ASSOCIATED WITH OR ARISING FROM THE PURCHASE OF COIN, TOKEN OR

CRYPTOCURRENCY.

4. USER UNDERTAKES NOT TO USE THE SERVICES UNDER AND IN SUPPORT ANY

CRIMINAL ACTIVITY (IN CONTRAVENTION OF CRIMINAL AND INTERNATIONAL

LAW), ILLEGAL ACTIVITIES OR ACTS CONTRARY TO PRINCIPLES OF MORALITY.

5. USER IS SOLELY ENTITLED TO USE THE PROVIDED CONTENT (INFORMATION,

DATA, MATERIALS, ETC.) STORED AND TRANSMITTED THROUGH THE SERVICES.

USER ALSO HAS SOLE RESPONSIBILITY FOR THIS CONTENT, IN PARTICULAR FOR

NOT VIOLATING THE RIGHTS OF THIRD PARTIES AND THE LAW. OPERATOR DOES

NOT CONTROL OR ANALYZE THE CONTENT THAT IS STORED AND TRANSMITTED

THROUGH THE SERVICES BY USER, BUT IF IT RECEIVES RELIABLE INFORMATION

THAT CERTAIN USER CONTENT IS INFRINGING THE LAW OR THIRD PARTY RIGHTS,

THE OPERATOR WILL BE ENTITLED TO REMOVE OR BLOCK ACCESS TO SUCH

CONTENT WITH PRIOR NOTICE.

6. USER IS OBLIGED TO REFRAIN FROM ANY ACTION THAT MAY IMPEDE ACCESS TO

THE PLATFORM TO OTHER USERS AND TO INTERFERE WITH OR DISRUPT THE

OPERATION OF THE PLATFORM AND ITS SERVICES AND CONTRACTS CONCLUDED

BY ELECTRONIC MEANS.

7. THE OPERATOR IS NOT LIABLE FOR USER’S AND THIRD PARTIES’ ACTIONS THAT

ARE CONTRARY TO THE GENERALLY APPLICABLE LAW OR TO THE TERMS AND

CONDITIONS OF USING MATERIALS PLACED ON THE PLATFORM.

8. USER EXPRESSLY AGREES THAT HE OR SHE USES THE PLATFORM AT HIS OR

HER SOLE RISK. THE OPERATOR, ITS OTHER AFFILIATES NOR ANY OF THEIR

EMPLOYEES, AGENTS, THIRD PARTY CONTENT PROVIDERS, THIRD PARTY SERVICE

PROVIDERS OR LICENSORS DO NOT WARRANT THAT USE OF THE WEBSITES WILL

BE UNINTERRUPTED OR ERROR FREE. THEY DO NOT MAKE ANY WARRANTY AS

TO THE RESULTS THAT MAY BE OBTAINED FROM USE OF THE PLATFORM OR AS TO

THE ACCURACY, RELIABILITY OR CONTENT OF ANY INFORMATION, SERVICE, OR

MERCHANDISE PROVIDED THROUGH THE PLATFORM.

9. THE PLATFORM AND ICO ARE PROVIDED ON AN „AS IS” BASIS WITHOUT WARRANTIES

OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO,

WARRANTIES OF TITLE OR IMPLIED WARRANTIES OF MERCHANTABILITY OR

FITNESS FOR A PARTICULAR PURPOSE, OTHER THAN THOSE WARRANTIES WHICH

ARE IMPLIED BY AND INCAPABLE OF EXCLUSION, RESTRICTION OR MODIFICATION

UNDER THE LAWS APPLICABLE TO THESE TERMS AND CONDITIONS.

10. TO THE FULLEST EXTENT PERMISSIBLE BY APPLICABLE LAW, IN NO EVENT

SHALL THE OPERATOR, OR ITS FUTURE PARENT OR AFFILIATED COMPANIES, BE

LIABLE TO USER FOR ANY PERSONAL INJURY, PROPERTY DAMAGE, LOST PROFITS,

COST OF SUBSTITUTE GOODS OR SERVICES, LOSS OF DATA, LOSS OF GOODWILL,

WORK STOPPAGE, COMPUTER AND/OR DEVICE OR TECHNOLOGY FAILURE OR

MALFUNCTION OR FOR ANY FORM OF DIRECT OR INDIRECT, SPECIAL, INCIDENTAL,

CONSEQUENTIAL, EXEMPLARY OR PUNITIVE DAMAGES BASED ON ANY CAUSES

OF ACTION ARISING OUT OF USE OF THE WEBSITES OR ANY ALLEGED FAILURE OF

PERFORMANCE, ERROR, OMISSION, INTERRUPTION, DELETION, DEFECT, OR DELAY

IN SERVICE, OPERATION, OR TRANSMISSION OF THE WEBSITES, OR ANY ALLEGED

COMPUTER VIRUS, COMMUNICATION LINE FAILURE, THEFT OR DESTRUCTION OF

PROPERTY, AND/OR UNAUTHORIZED ACCESS TO, ALTERATION OF, OR USE OF OR

POSTING OF ANY RECORD, CONTENT, OR TECHNOLOGY, PERTAINING TO OR ON THE

WEBSITES. USER AGREES THAT THIS LIMITATION OF LIABILITY APPLIES WHETHER

SUCH ALLEGATIONS ARE FOR BREACH OF CONTRACT, TORTIOUS BEHAVIOR,

NEGLIGENCE, OR FALL UNDER ANY OTHER CAUSE OF ACTION, REGARDLESS OF

THE BASIS UPON WHICH LIABILITY IS CLAIMED AND EVEN IF THE OPERATOR

OR FUTURE PARENT OR AFFILIATED COMPANIES HAVE BEEN ADVISED OF THE

POSSIBILITY OF SUCH LOSS OR DAMAGE. WITHOUT LIMITING THE GENERALITY

OF THE FOREGOING, USER ALSO SPECIFICALLY ACKNOWLEDGES THAT THE

OPERATOR OR FUTURE PARENT OR AFFILIATED COMPANIES ARE NOT LIABLE FOR

ANY ACTUAL OR ALLEGED DEFAMATORY, OFFENSIVE, OR ILLEGAL CONDUCT OF

OTHER USERS OF THE WEBSITES OR ANY OTHER THIRD PARTIES.

11. THE OPERATOR DISCLAIM ANY AND ALL LIABILITY OF ANY KIND FOR ANY

UNAUTHORIZED ACCESS TO OR USE OF USER’S PERSONALLY IDENTIFIABLE

INFORMATION. BY ACCESSING THE PLATFORM, USER ACKNOWLEDGES AND

AGREES TO UF DISCLAIMER OF ANY SUCH LIABILITY. IF USER DO NOT AGREE, HE

OR SHE SHOULD NOT ACCESS OR USE THE PLATFORM.

12. ANY AND ALL NAMES, GEOGRAPHICAL INDICATIONS, VISUAL AND VERBAL

MARKS, AND OTHER DISTINGUISHING MARKS PLACED ON THE PLATFORM ARE,

UNLESS OTHERWISE IDENTIFIED, CONSIDERED AS TRADEMARKS OR OTHER

MARKS SUBJECT TO LEGAL PROTECTION. OPERATOR AND OTHER COMPANIES

AUTHORISED BY OPERATOR AND THE RELEVANT AUTHORS SHALL BE THE

ONLY PARTIES AUTHORISED TO MAKE USE OF SUCH MARKS. USING THE MARKS

INDICATED ABOVE SHALL BE STRICTLY FORBIDDEN UNLESS IT IS PERMITTED

UNDER THIS TERMS AND CONDITIONS.

13. IF APPLICABLE LAW DOES NOT ALLOW ALL OR ANY PART OF THE ABOVE

LIMITATION OF LIABILITY TO APPLY TO USER, THE LIMITATIONS WILL APPLY TO

USER ONLY TO THE EXTENT PERMITTED BY APPLICABLE LAW.

All participants agree to follow and adhere to the Terms and Conditions

stated above and published on cryptoxchenger.net and exchangecoin.io

websites.