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Saturn Black – Exchange crypto assets and provide P2P services for traders, and investors

Posted by mamamuda on Minggu, 26 Mei 2019

Saturn Black is a platform for cross-chain exchanges directly from crypto assets. Decentralized protocols – the symbiosis of the convenience of direct atomic exchanges and the reliability of third party guarantors. Legal and safe transactions for crypto market players. The goal: creating a market that is qualitatively safe, new, and safe for crypto assets.
Saturn also provides P2P exchange services for traders, investors, companies and brokers and a series of studies to help find new methods in the crypto market maturation and increase land liquidity so that each user develops together. with this platform, each project will get an audit and liquidity from the version of the token, what future goals are part of the strategy on the market, so that each element will move the decomposition as a community of crypto players and create new markets that are liquid and secure a free market.
Most markets depend on specific changes and the volume of transactions to compete, Saturn creates conventional crypto alternatives, specific transactions for different volumes, compensation services, growing market calls for safe futures assets along with Bitcoin, Saturn ensures direct contact between sellers and buyers and assures security trade in automatic mode while maintaining event anonymity.
Saturn offers two-way liquidity for many assets independently. This will benefit the price. The Swap protocol to exchange commission fees is different from other exchanges where there is an additional commission that reaches 0.2 percent for each exchange transaction, 0.5 – 5% for each over the counter trade and 1 – 5 percent for auction transactions, but the final provision regarding fees will be decided when launched on the market.
Public sales
XSAT Public Sales was held in January 2019. The team had to do a lot of work in all previous stages, so it was impossible to determine the exact date of the opening of Public sales. In the Public sales stage on the Saturn Platform, it will be available to purchase XSAT tokens in return for around 300 crypto assets.
At each stage, the price of XSAT and a list of received crypto assets are different. Up-to-date information on cost changes and the start of a new phase will be available on the project’s website.
After completing the Sales Token, the Saturn team will continue implementing road map articles. The XSAT Token will be available for trading on our platform, after completing the Sales Token. Also, during project implementation, following the principles of reasonable prices, we plan to place XSAT on the popular crypto exchange.
Token details
Token: XSAT
Standard: ERC20
Amount: 1,000,000,000 XSAT
Platform: Ethereum
GambarI know it's not a fork, it's a trident.
Liquidity of Saturn Exchange Services and XSAT Tokens
Another reason for the decline in crypto asset prices at the moment, XSAT believes the players’ last departure from the market is “dying”. This means that players sell crypto assets without the purpose of repurchase. The lack of counter purchase requests makes the scenario most likely to fall for the market. No deliberate insider actions or actions from the project team make the situation hopeless. The bad volume of assets held by large investors will cause further price declines as soon as investors decide to fix their losses. And this is a matter of time. The idea of the Saturn team is to solve the problem of secondary demand by providing liquidity to a less liquid market.
Applying this concept, Saturn launched a service for transactions with crypto assets. XSAT tokens are the main asset of their exchange service. Saturn’s feature is that adding quotation assets to a list is simplified by determining the assets claimed by players by voting. The Saturn community is the main driver of liquidity on the platform. XSAT takes into account the trusted requests that come from their customers, in contrast to the paid lists that are popular in the market today. They continually stressed the need for purchase orders for counters in the secondary market and intend to ensure the purchase request in the maximum number of trading pairs with XSAT, BTC, ETH, and stablecoin. The basic deposit needed to maintain liquidity and profitability of their services, XSAT plans to allocate at least 50% of the funds collected by Sales Tokens. By registering XSAT tokens on public crypto exchanges, they intend to reduce the impact of Saturn’s services on the price of these tokens. For example, the trading volume of BNB tokens is 90% circulating in the Binance exchange; KCS is 100% in Coins exchange. XSAT thinks, to set a fair price, the distribution of trading volume cannot be so centralized. To do this, they try to get into the list of instruments traded on popular exchanges, when their communities grow.
Atomic Exchange Protocol Swap for Crypto Assets
The direct atomic exchange protocol allows for the exchange of cryptographic assets, initially incompatible blocking science, without the participation of a third party. For example, through an atomic transaction, it is possible to exchange Bitcoin for Litecoin directly from wallets. Swap exchange protocol guarantees that the transaction is not fulfilled.
Gambar mungkin berisi: 1 orang, teks
In our example, Bill has Bitcoin, and Sarah has an XSAT token. Let’s say, Bill wants to buy an XSAT token from Sarah, and Sara is ready to sell it for Bill’s Bitcoin. Through the Swap protocol, Bill and Sarah made a transaction, a counter asset, provided each of them fulfilled the terms of the transaction. If the terms and conditions are not fulfilled, nothing will happen and more important, the loss will not occur. The exchange is example in already implemented in the Swap protocol.
Road map 2.0
Development
  • Launching Saturn – First liquidity token, November 2018
    Start Token Sale & launching Saturn token (XSAT). Primary sale of tokens and fundraising for launching the platform. See more information about tokens
  • Escrow Transactions, February 2019
    Buying and selling crypto assets through escrow account for payment on a brokerage order quantity from 50 BTC.
    Register and place an order
  • Direct atomic Swap exchange, February 2019
    Launch of the atomic OTC exchange Saturn token (XSAT) in pairs with BTC & USDT. Go to exchange
  • Listing XSAT token on crypto exchange, March 2019
    Buy Saturn token now with +150 crypto assets. Go to purchase
  • Issue of a Saturn Black payment card, April 2019
    Saturn Black X – payment card with an annual limit of €300,000. Limit edition for holders of 10,000 Saturn tokens. Daily payments, brokerage account, purchase of crypto assets online at market price, cash around the world and many bonuses for cardholders. Pre-order payment card Saturn Black
  • Mobile Payments & Broker app Saturn Black, July 2019
    Mobile application Saturn Black Broker in GooglePlay / AppStore. Launch a payment system account linked to a payment card and brokerage account
  • Security tokens OTC trading platform, 3Q 2019
    Trade with security tokens on the Saturn Black platform. Investment contracts on the blockchain with full support of a licensed European broker and simple mobile management through the application.
TAEM
For more perfect information you can visit the links below:
  1. Situs web: https://saturn.black
  2. Utilitas Bitcointalk: https://bitcointalk.org/index.php?topic=5075635.0
  3. White Paper: https://saturn.black/wp-content/uploads/2018/11/saturn-white-paper-eng-1.0.1.pdf
  4. Facebook: https://www.facebook.com/Saturn-Black-200220127527617
  5. Twitter: https://twitter.com/saturn_twitt
  6. Instagram: https://www.instagram.com/saturn_xsat/
  7. Blog: https://saturn.black/blog/
  8. Official Telegram Group: https://t.me/saturn_ENGchat

Author
Bitcointalk Username: mamah67
Bitcointalk Link Profil: https://bitcointalk.org/index.php?action=profile;u=2594887
Eth addrees: 0xa89eefe2CeEde5c60b65467f3Bc4Fa101Cff5d7c

Thanks for reading & sharing mamamuda

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