If you have ever been involved in dealing cryptocurrencies via mobile wallet app or any cryptocurrency exchange site, you are actually an integral part of this dramatically growing cryptocurrency retail industry. Unalike from conventional foreign exchange, cryptocurrency retail market is said to have built pretty much before they had brokerages, funds or institutional platforms. This is a true revolutionary movement from grass root to bottom up.
Fast forward to this date, the whales are taking markets under control, making the process complicated for the novice crowd. Below are six institutional facts that are said to be dilapidating the system of how the market works-

Fake news

Let’s start with the most common and obvious one – fake news. Digital money today is subjugated by fake news or reports which usually find their way down to the mainstream media platforms. Once they reach the mainstream, they have editors, specially recruited for cherry picking tops of these stories and publish to the very common public. What is even more alarming is that as these stories turn untrue, hardly any amends or retractions are made in order to ensure that such won’t happen again. As a result, people are kept ignorant about when again they have a chance to be duped and they simply be apart leaving the price to an unfixed point.

Pump and dump

There are campaigns called pump and dump, designed for inflating the rates of low volume digital money and digital tokens in just about seconds. Pump and dump campaigns also help create ‘buy’ situation at certain price points that then coordinator of the campaigns use to depart their positions, leaving others with a little worthless coins.
Little do you know, there are apparently thousands and thousands of people are being duped by Pump and Dump campaigns every day. On certain crypto exchanges, you can see Pump and Dump contributors are flooding thousands of e-mails, memos into public chat rooms, supposing to influence the fellow traders to deal certain assets. You may not know, but most of current crypto exchanges are failing to counter pump and dump campaigns due to lacking circuit breakers.

Price manipulation

Last, but the most discussed and debated existing issue in current cryptocurrency is price manipulation. There are ‘Buy walls,’ ‘sell walls’ processed by whales to keep the volatility in cryptocurrency market soaring high and unsolved.

With all these problems yet to be sorted and put on the track, XeniaCoin thought, it would be advancing enough if they could become available for the prospective crypto investors in the market. The founders of this newest cryptocurrency claim it to be perhaps one of the futuristic cryptocoin system that could actually ensure little or no volatility, risk of thefts or any sort of pump and dump campaign fear.

Xenia is a true independent blockchain company that is focusing on developing a decentralized platform for the advancement of current financial transaction process as well as offering a platform where participants can really be rewarded for their contribution to the platform’s growth. SIX38PPN is what they call it. Designed in the safest manner to provide safer and faster gateway for cryptocurrency investment SIX38peer2peer Network is said to be one of its kind.

This platform is designed to have powered by their proprietary cryptocurrency, called Xenia Coin. It will be a multi-purpose blockchain-enabled platform featured with:

Xenia Teller App – the like of thousands of available mobile application, but decentralized and to receive remittance service plus Taxi Rides. Each proceed through the app will be powered by only Xenia Coin, although the developers are planning to instill other cryptocurrencies too.

Prepaid Card and ATM – SIX38PPN will have prepaid cards and ATM launched for its users, holding Xenia Coin. This will reduce the complications for cryptocurrency conversion as well as users will be able to dispense their assets anytime, without waiting for admin to process it.

Xenia Crypto Mall – Perhaps the most exclusive feature, offered by any blockchain platform so far! Xenia Crypto Mall will be perhaps the first ecommerce platform which is decentralized and powered by cryptocurrency. For a while it will accept only Xenia Coin, but there will be soon other leading cryptocurrencies added to the platform. This will not only help the merchants with their transactions, but also help users experience faster payment conformation, easy handling and build a bond with Escrow services.

With this whole system being made and designed strictly to not turn as conventional volatile cryptocurrency retail market, Xenia Coin makes a safer and smarter choice for a crowdfunding investment. Since there are no whales or mainstream media controlling Xenia’s marketing proceeds, you are highly advised to try your first or second crypto investment in Xenia Coin.