Cryptocurrency, which is sometimes referred to as digital currencies operate independently of any central authority or banks and it is permissionless to use, the transaction is open & available for people to see.
Because it is decentralized, government authorities such as the Judiciary, Authorities in-charge of taxation, and the central banks do not find it appealing because it cannot be taxed and they don't have power to influence the transactions of traders/participants.
N.B: Cryptocurrencies Transaction cannot be cancelled, cannot be reversed and neither can it be disputed, This is the reason why newbies are advised to have someone who is experienced and careful to guide them whenever they want to carry out a transaction.
Cryptocurrencies can be obtained by buying/purchasing from a digital/crypto-currency exchange platform, The exchanger allows the trader to exchange their Fiat( paper currency) to Alt coins of their choice. The top five (5) cryptocurrency Exchange can be find below:
Cryptocurrency Trading platform have their own shortcomings such as: scalability, Cybersecurity issues, price volatility and lack of inherent value, Regulations, and abuse of trust which traders place on the crypto exchange all for the sake of profits, user-friendly interface, these shortcomings cause traders to panic.
As more technological innovations are uncovered, the AIS project will establish a cryptocurrency exchange in Mongolia.
The mission is to establish a new cryptocurrency exchange in Mongolia, providing a native token with various feature and services, and produce an AI Concierge system to help you navigate through the expanding cryptocurrency market.
To the classic mining, the developers intend to invest the funds received during the ICO in the mining industry (gold, bronze, rare metals and coal).
This kind of direction will make it possible to make a profit not only from mining farms, but also from the sales of extracted minerals. Moreover, profits from the exchange platform will also be distributed among AIS token holders. Thus, AIS users will have as many as three sources of additional income, each of which will not depend on each other.
WHAT IS AIS (Alternative Investment and Security Exchange)?
AIS is a full-fledged cryptocurrency exchange registered under all legal norms of Mongolia and with the support of the Central Bank of Mongolia.
Furthermore, the main function of AIS is, as in all other classic crypto-currency exchanges, buying / selling crypto-coins. But in addition to all this, AIS exchange developers have prepared a lot of interesting things for their users.
BENEFITS OF AIS
To provide its users with maximum security, the developers of the AIS are going to place your exchange on an internal server with its Central Bank of Mongolia;
At the same time, the mining cryptocurrency farm AISC will produce other crypto-currency assets, thereby earning additional funds for its development and encouraging its own users;
AI Concierge, which is able to analyze the behavioral characteristics of the user, give him valuable recommendations on the designation and navigation within the framework of the platform, as well as help in deeper market analysis for trading activities, intends to complement all this.
THE AIS TOKEN
Token Name: AIS Token
Discount of exchange fee
Discount of withdrawal fee
Discount of listing fee
Pair Key Cryptocurrency
Voting rights for new ICO
Division of Profits ・Exchange ・Cryptocurrency Mining ・Resource Mining
To maintain and ensure the value of AIS exchange will be its internal token (AIS) through which all exchange processes will take place within the existing platform. A total of 2,300 billion coins will be allocated for the life of the system. Of these, 50% will be allocated to public sales, 20% will remain in reserve, 15% will be distributed among the development team, 10% will receive advisers and 5% of the bounty company.
THE AIS TEAM
ROADMAP AND DEVELOPMENT PLAN
FOR MORE INFORMATION:
ANN THREAD: https://bitcointalk.org/index.php?topic=5096235
BTT USERNAME: bayo88