Dear NEXT community, hope you all enjoyed Easter Holidays. The last month has been quite busy for our team, our full Mainnet is right around the corner along with the V1.1 update to our trading platform. Let’s brush over what has happened over the course of April and gain insight as to what can be expected in the near future from our team.

Trading platform updates.

Our team has been working on a rather massive update for our hybrid exchange platform.

The 1st of January, 2019, marked the release of the 1.0 Version of NEXT.exchange, which we like to view as a public beta.

In the V1.0 release, all users acquired access to:

Deposit/withdraw over 50 crypto assets (BTC, ETH, ERC-20 tokens, LTC, and so on) to individual crypto wallets (our platform provides users with their own, separate wallets for each asset).

Trade over 50 crypto assets against BTC, ETH, NEXT, USD, EUR.

Submit Know-Your-Customer (KYC) documentation in advance.

Test our exchange engine and provide input on improvements and as per the direction in which they would like to see the platform go.

The V1.1 update will include:

Trading of over 50 crypto assets such as BTC, ETH, ERC tokens, LTC.

Fiat deposits and withdrawals via SEPA, Klarna, IDeal. PayPal will be available for withdrawals only.

Fully functional BTC, ETH, NEXT, USD, EUR pairings. More fiat pairings will be provided in the future.

The ability to instantly purchase crypto assets using fiat.

Auto staking (free of charge) for Blockchain based assets which possess staking features. All that is required to take advantage of staking is for users to hold at least 100 NEXT.

KYC approvals.

Greatly updated and improved corporate website and exchange user interface.

Integration of the NEXT.chain as the backbone for NEXT.exchange. Which will provide our users with high transaction capacity, greatly improved security, IEO launches, asset deployments (similar to ERC-20 tokens), and tokenization, and ultimately, the possibility for users to export the private keys associated with their wallets on our exchange.

What’s interesting to note with NEXT.chain is that we will be able to utilize our Blockchain to issue stable coins, which could be backed by fiat currencies that are deposited by users on our exchange. Sure to be more legitimate than USDT. Tokenized fiat would be held by a trust where an external auditor would evaluate records with supervision by the Dutch AFM.

Demo images of the 1.1 update will be available next week and shared on our social media channels, which can be found at the bottom of this post.

1.1 is to be released shortly after Mainnet, more info on that below.

From Testnet to Mainnet.