Security Token Exchange Development | Bitdeal



We are living in an era of cryptocurrencies. Every day the use of cryptocurrencies and its derivatives are getting exploited widely all around the world. To prove this exploitation, a notable type of crypto assets, so-called security tokens also started to make their own path in the crypto industry. We all know these facts! right? When comparing the tokens usage with cryptocurrencies, it is something unique and the way of processing, acquiring and transacting also gets differs with each other. 

There are plenty of crypto exchanges are around the world, but if we filter out the exchanges which provide options to exchange tokens are very less in the count. Why? let discuss. This webpage is gonna explore you the use of security tokens exchanges from both the business and investors end. Also will extract you how bitdeal can help you to convert the security token exchange process as a business.

Why Exchange Limits the trading of tokens ?

As said above only a limited number of crypto exchanges are allowing traders and investors to exchange their tokens. Others are neglecting such options, why because. 
1. Not all the tokens are same, each token may have different characteristics and functionalities
2. Each type of crypto tokens is built under a varying type of blockchains.
3. Exchanges must set up a crypto wallet to store any type of crypto tokens, This would be risky and will be a high-cost setup
4. Before 2 years the count of tokens was very low, so it becomes an unnecessary act to bring up them a separate space to trade.
5. Most of the utility tokens issued in ICO process were becomes worthless as it was issued by fraudsters.

So the exchanges which listed such kind of tokens are also get blamed and have suffered from a lot of legal issues. These are the major reasons that exchanges are limiting the process of exchanging tokens with their portal. But, we know for every problem there is a solution. So to neglect all these issues, a separate portal called token exchange have been introduced to the market.

To know about the benefits of security token exchange platform , refer this blog : Security Token Exchange Development

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