ICO Today Magazine News
Phoenex Exchange platform will use a two-pronged approach when it comes to security. The Phoenex platform does not require KYC and users only need their email address and private key to be able to start trading. The non-critical components of the trading process will be housed centrally while deposits and withdrawals will be broadcasted to the network. Using this approach, Phoenex has the agility of a centralized exchange, at the same time the transparency of a decentralized exchange. Using Phoenex Token to pay for fees entails big discount.