A fully integrated Crypton Automated Exchange (CRP) is launched in the Utopia Peer-to-Peer (P2P) Ecosystem by a group of independent developers supported by 1984 Group.
Crypton Exchange offers users the best cryptocurrency trading experience:
automatic and anonymous account registration;
no commission or low commission model;
automatic unlimited withdrawal of funds;
resistance to censorship;
community chat;
genuine attention to user feedback.
Automatic registration of anonymous account
As with the Utopia P2P ecosystem itself, you only need a nickname and password. The exchange uses your “public key” for automatic authentication. This does not ask for your real name, phone number, or even email address.
New accounts are automatically verified without human intervention and have full access to the exchange. This basic account registration is the only form of verification required, there is simply no form of verification of the user’s identity on this exchange.
Not even the IP address is saved, because everything that ecosystem websites see is only “127.0.0.1” from any user, as it should be in a privacy-conscious ecosystem like Utopia.
No commission or low commission model
The first trading pair available on the Crypton Exchange is CRP / USDT, so there is no commission for depositing or withdrawing any asset beyond the transaction costs of the blockchain itself.
Few cryptocurrency exchanges charge a commission when making a deposit, while the vast majority of exchanges charge a commission when withdrawing funds. However, Crypton Exchange does not. Only blockchain transaction fees are charged here. The trading commission is 0.1%, which is one of the lowest rates in the entire industry.
Automatic withdrawal of funds without restrictions
Are you ready to withdraw your recently purchased Crypton (CRP) to your Utopia account’s built-in uWallet client wallet? You won’t have to wait long, Crypton Exchange has automated this process and has no artificial limits on the amount of withdrawal. Within seconds of receiving your request, your CRP will be sent to you.
It doesn’t need a compliance team to manually validate a request, you won’t be asked to take selfies with your passport, and you won’t be told that your funds are frozen due to suspicious activity. The withdrawal process here is as smooth and painless as the process of accepting a deposit, exactly as it should be.
Resistant to censorship
Although the Crypton Exchange is available on the open internet at https://crp.is as it is hosted on the Utopia P2P Ecosystem, the exchange is resistant to both censorship and seizure.
The authorities cannot seize the Utopia domain from a centralized registrar, nor can they supervise the hosting provider by court order, since the exchange is anonymous, self-hosted, and securely delivered via Utopia’s peer-to-peer network. Crypton Exchange leads the way in demonstrating Utopia P2P capabilities.
Community chat feature
One of the most rewarding aspects of the Utopia P2P ecosystem is the ability to interact and communicate with users from all over the world, as there are active communities from Vietnam, Turkey, Russia, China and Latin America. Communication is possible on the exchange itself – in the chat window in the trading interface.
Respect for user feedback
Since CRP / USDT is the first trading pair available on the Crypton Exchange, Utopia users naturally compared the slow speed and high transaction cost of the ERC-20 USDT token on the Ethereum blockchain with near-instantaneous speed and very low Crypton costs.
One of the first user requests that arose was to offer USDT as a TRC-20 token on the Tron blockchain. Within a few days, Crypton Exchange support informed users that this request was accepted and very soon they will start offering this option to users. Additional community feedback included the adoption of major trading pairs along with CRP and moving the exchange outside the ecosystem to an open network to open up the world of Utopia and Crypton to more users. This feedback was implemented on January 25, 2021.
