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Home » Blog » Aphelion Cryptocurrency Exchange Review : Allows Users To Trade Cryptocurrency
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Aphelion Cryptocurrency Exchange Review : Allows Users To Trade Cryptocurrency

Cws Team
Last updated: 03/02/2023 4:50 PM
Cws Team
7 years ago
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Disclosure: We are not a registered broker-dealer or an investment advisor. The services and information we offer are for sophisticated investors, and do not constitute personal investment advice, which of necessity must be tailored to your particular means and needs. !
Aphelion
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About Aphelion 

The Aphelion solution allows users to trade cryptocurrency in a totally decentralized and trustless environment. Our Distributed Exchange Asset Ledger (D.E.A.L.) decentralized application (DApp) eliminates any third party or central authority.

Contents
  • About Aphelion 
    • Operating company
    • Aphelion Account Registration Method
    • Why Neo
    • How it works
    • Aphelion Wallet
    •  Utility of the APH token
    • Is it safe to use Aphelion ?

Aphelion ends: high fees, delays, frozen funds, locked trades and hijacked tokens. All Aphelion initiated trades are done directly on-chain or cross-chain and directly between users with terms they set, accept and complete themselves.

As a bonus, APH tokens spent during P2P trading are automatically redistributed to all APH token holders; similar to the NEO/GAS relationship. Aphelion is not a hosted exchange, it never holds or stores tokens and is totally open source, community driven and most importantly: DECENTRALIZED.

Operating company

Exchange name Aphelion
Support 24/7
Number of currencies handled Over 3 types
Futures trading Present
Price $1.93
Deposit Free
Official site https://aphelion.org/

Aphelion Account Registration Method

  • First, click “Sign Up” in the upper right corner from the Aphelion top page
  • Then set up your email address and password.
  • After setting the mail address and password, click “Get code”
  • Since an e-mail code is sent to the registered e-mail address.
  • If you click “Get code”, there is a time limit of 60 seconds, so let’s input within 60 seconds.
  • Finally, check the agreement of the terms of service and check “Sign Up” and register your account with Aphelion ..

Why Neo

NEO supports faster development and deployment of smart contracts and projects, as it enables developers to build on programming languages already familiar with them.

They provide various advanced languages in the form of compiler,” says Da Hongfei (NEO founder).

“Besides .Net and Java, we support Python and Go which can cover more than 90 percent of developers. Compared with Ethereum, development has a smooth learning curve and shorter learning circle, allowing for fast introduction of projects.”

How it works

APH tokens are the escrow device storing the smart contract required to facilitate the P2P trading and so a small amount of APH are required to complete each transaction.

And then that Aphelion tokenized smart contract makes its way to the open source servers that store the order books and complete the trade.

As a bonus to all APH holders, the APH required and spent during the exchange is automatically redistributed to all APH holders on the blockchain.

Aphelion Wallet

Introducing the new Aphelion NEO Wallet DEX with Ledger Support. The groundbreaking wallet based DEX showcases a cutting edge user interface, real-time trading chart data, customizable address book and complete Nep5 token integration. First of its kind technology allowing peer-to-peer smart contract and wallet-based trading is available across channels including: Desktop, iOS, Android and Mobile Web.

 Utility of the APH token

The APH token will be required to make use of the Aphelion trading platform functionality, it is to be the smart contract mechanism which will act as escrow and notary for the peer to peer exchanges. The APH token will also allow holder’s to benefit from the redistribution of the APH tokens used up in each trade. The redistribution to each.

APH holder will be proportional to the number of APH tokens held by that wallet address, in a similar structure to the neo/gas reward system and without the need to lock tokens for any period of time. The token has undergone legal review and has been classified as a utility token see here:https://aphelion.org/blog/aphelion_declared_utility_token.html

Is it safe to use Aphelion ?

Aphelion enforces two-factor authentication (2FA) to protect your account. So users have to verify that they actually are the account holder before they can log in. The use of 2FA means you get extra security against any hacking attempts. It also helps in decreasing the risk of identity theft.

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One of Coinworldstory's longest-tenured contributors, and now one of our editors, Verna has authored over 2600+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies. Verna Is team Members of 9 People
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