A small update has been posted in regards to VootCoin’s anonymous exchange platform, which is set to launch relatively soon. It’s all positive news though, but some things still needed clarification, so let’s take a look.
There will be no fiat currencies involved in VootCoin’s anonymous exchange platform. The only form of trading enabled is cryptocurrency to cryptocurrency exchanging. A wise move, if you ask me, as there is no way to ensure anonymity when dealing with fiat currencies. Not to mention the legislation and compliance requirements in order to run such an exchange.
In order to prevent any fraudulent or malicious activity on the exchange, stop gaps will be put in place. It would be nice to see the bigger exchanges implementing stop gaps as well, but until they do, the VootCoin anonymous exchange could have a leg up on its competitors.
Please keep in mind that all users are prohibited from conducting any form of illegal activities on the exchange. If you are found guilty of such activities, your account will be banned and severely punished wherever possible.
As it stands right now, the VootCoin anonymous exchange is in its final stages of development. Security features are being optimized , but no further details were announced at this point in time.
Official announcements :