TimeX MVP is live!

TimeX offers much-needed improvements over existing centralised crypto exchanges, and will serve as the default exchange for ChronoBank diverse HR ecosystem.

Today we are happy to announce the launch of the TimeX exchange MVP, the key component of the Chronobank world. TimeX not only empowers traders to access the advantages of a decentralised exchange while enjoying the ease of an intuitive UI, but is a link between the crypto world and the conventional world of fiat money for LaborX, Chronobank’s blockchain-based job platform, and it’s users — job seekers, employers and HR professionals.

Excited? Wait no longer, just go to https://mvp.timex.io, get an account and start trading!

TimeX home screen

Trading screen

Technical analysis instruments

Want to join the community, share your thoughts and discuss it with other TimeX users? Take part in the discussion in our Telegram group!

Removing single points of failure

Conventional centralised exchanges have long been a problem for the cryptocurrency sector, presenting a single point of failure for the peer-to-peer currencies that trade on them. The history of crypto exchanges is one of scams, hacks, fraud and security failures, from formative episodes such as MtGox in 2014, to the recent loss of millions of dollars from QuadrigaCX, five years later. Exchanges and their processes may be opaque, customer service poor, and problems including wash-trading, fake volumes, fractional reserves and insider trading are rife in the unregulated sector. TimeX addresses all of these by decentralising the trading experience.

Features and benefits

TimeX offers a number of advantages over even the most trustworthy centralised exchanges:

Transparent. With the blockchain as the ultimate settlement layer, traders can be confident that every order is 100% backed by digital assets — without compromising their privacy.

With the blockchain as the ultimate settlement layer, traders can be confident that every order is 100% backed by digital assets — without compromising their privacy. Secure. Peer-to-peer trading removes unnecessary middlemen, costs and single points of failure.

Peer-to-peer trading removes unnecessary middlemen, costs and single points of failure. Full control. Users trade directly from their crypto wallets. No third party controls their tokens at any point, so traders remain protected from exchange hacks, downtime or fraud.

Meanwhile, TimeX provides several features for convenience and usability:

Off-chain order book for superior speed, privacy and low fees.

for superior speed, privacy and low fees. Market and limit orders available.

available. Customisable dashboard for a better user experience.

for a better user experience. 3 pairs : TIME/WETH, TIME/WBTC, WBTC/WETH.

: TIME/WETH, TIME/WBTC, WBTC/WETH. Special fee policy: 0.075% commission for takers, 0.025% rewards for makers.

In the future, we will further update TimeX, offering powerful new features and leveraging the full capabilities of the Ethereum network. We work to make the product better for you, our users. So if you find a bug, have an idea how to improve something or want to share any other piece of feedback, please use the support widget in the bottom right corner of the screen as a feedback form, and we will forward your valuable advice straight to the development team.