Topic: [ANN] [ROUND A of Sale] Ternion - hybrid crypto exchange with a fiat gateway - page 88. (Read 57352 times)

Thank you! So far, we gathered 1,430,826 USD. The live amount gathered is available on the website here: https://ternion.io/

Great ecosystem. But how much money you guys managed to gather so far?

Hi There! We are currently accepting BTC, BCH, LTC, ETH, DASH, XPR, ZEC and there is many more to come.

What currencies do you accept for buying tokens?

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Ternion a new Exchange is having a new concept? I have read, it seems like the service on offer is the same as the exchange more

There is a lot of hype about the solutions to the shortcomings of crypto platforms. One of the most efficient and feasible solution is a hybrid exchange. Hybrid exchange combines two types of cryptocurrency exchanges: centralized exchanges (CEX) and decentralized exchanges (DEX).

Centralized exchanges are controlled by a single entity, and the system requires all data to be sent and be received by one single point, usually a private server or a hub. A single point of entry makes it easier to access information, and thus making it more susceptible to a leakage. For example, Facebook is a centralized platform. The recent Facebook data breach was easily executed due to the million users’ data being stored in one place.

Transactions executed on a centralized platform are cheaper and more efficient to run than the ones on DEX. Furthermore, centralized exchanges offer a third-party oversight that ensures that all the transactions are executed accurately. Centralized exchanges have been the standard in real world, however, users are troubled that a third-party gains access to their private keys. The main concern is that the keys might be compromised, and the information can be illegally or legally accessed by private individuals, companies or government structures.

In decentralized exchanges all the information passes through many points connected, instead of a central point. A decentralized network relies on host of computer, without a single point-of-connection. It is based on blockchain — constantly growing chain of ordered information, which is built in such a way that the blocks cannot be corrected. They eliminate and avoid censorship of information: to hack information you would have to find a way to access every single point at the same time to hack into the network.

DEX are more expensive, but they are also more trustworthy. They mostly rely on software rather than a third party. Decentralized exchanges are a meeting point for sellers and buyers. They do not offer any guidance or instruments like liquidity, latency or other market instruments that make centralized exchanges more attractive for customers. Decentralized exchanges are not accountable or liable to government or to their users.

So, which platform is safer and more convenient for customers?

Sometimes it is easier to deny both than simply pick one. Hybrid exchanges combine functionality and liquidity of CEX and the privacy and security of DEX.
One of the recent developments in the industry is the Hedera hashgraph that will offer a fair public, distributed ledger, decentralization and combines performance and security at its best. From its whitepaper: “Hedera directly resolves the five fundamental obstacles to mainstream market adoption of public ledger technology: Performance, Security, Stability, Governance, and Regulatory Compliance.”

Another example is the emerging hybrid and licensed, fiat-to-crypto Ternion Exchange. The Exchange combines security and reliability of centralized platforms as well as liberating aspects of decentralization. You can try a demo version of the Exchange here.

Hybrid exchanges are a beginning of digital transformation that we can observe and participate in today.

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This project looks really interesting. Haven`t seen this type of sale (in rounds) and especially with such a discount. But when will your tokens become tradable?

Looks promising and convenient 

According to Ternion website, you can use TRN for:
Pay Ternion Exchange Commissions with a discount
List your token on the Ternion Exchange
Get promotions via TRN Tokens
Use them for Ternion Payments fees

Where can we use TRN tokens?

Well, according to Ternion wp, they will return the money if the soft cap is not reached. Fingers crossed it won't happen

The project looks promising. BTW, what happens if the soft cap is not reached?

Finally an exchange that accepts fiat/wire!!