Ping Exchange has emerged as a game-changer in the crypto trading landscape, introducing a revolutionary integration of CorePass ID for user authentication. This cutting-edge trading platform is taking the industry by storm with its unique approach to decentralized digital identity, transforming the user experience and ensuring secure and efficient transactions.
Unlike traditional login methods that rely on two-factor authentication (2FA), Ping Exchange leverages the Core Blockchain ecosystem to offer users CorePass ID, a decentralized digital identity that guarantees rapid, passwordless access. By eliminating the need for cumbersome authentication processes, CorePass ID redefines convenience and security in crypto trading.
The integration of CorePass ID not only streamlines the login process but also ensures enhanced security. By protecting personal information on the blockchain as an identity NFT, Ping Exchange safeguards user data in an unprecedented manner. With CorePass ID, market access becomes swift and secure, empowering users to trade with confidence.
Ping Exchange goes beyond offering a secure trading platform. It incorporates a built-in HD wallet that simplifies transactions and provides immediate withdrawals and deposits of its native cryptocurrencies, XCB and CTN. This seamless integration of a wallet within the trading platform allows users to effortlessly manage their funds and engage in efficient trading.
One of Ping Exchange’s standout features is its cutting-edge compliance platform. Developed in collaboration with CorePass and Core Blockchain, this user-friendly interface addresses key regulatory requirements such as KYC, AML, PEP, and sanctioned user management. As the regulatory landscape evolves, Ping Exchange adapts, ensuring compliance with both local and international regulations.
Empowering Users with Ownership of Data
Ping Exchange’s innovative approach extends to empowering users with ownership over their data. Users of CorePass ID can utilize CTN tokens to purchase verification vouchers, which are then assigned to their wallets. This ownership model means that users are rewarded for sharing their information with third parties, a significant departure from the prevalent practice of giving away data for free in traditional web2 applications.
Ping Exchange sets itself apart by becoming the first platform to trade XCB and CTN. Core Coin (XCB) stands out for its eco-friendly Proof-of-Work algorithm and remarkable transaction speeds, making it a sustainable alternative in the crypto space. On the other hand, Core Token (CTN) serves as a utility token within the Core ecosystem, facilitating seamless transactions and data exchanges across services. These cryptocurrencies are available in a variety of trading pairs, including ETH, BTC, LTC, and USDC.
Ping Exchange’s arrival has marked a significant evolution in the crypto trading landscape. By revolutionizing the login process with CorePass ID and incorporating a user-friendly compliance platform, it has set new benchmarks for security, convenience, and regulatory compliance. With its innovative approach to data ownership and the introduction of groundbreaking cryptocurrencies, Ping Exchange is poised to shape the future of crypto trading.