Ping Exchange: New Trading Experience with CorePass ID

Positioned as the first Core Blockchain exchange, Ping Exchange brings an innovative approach to crypto trading, offering instant withdrawals and deposits for its native XCB and CTN currencies.

CorePass ID: A Paradigm Shift in Authentication

At the heart of Ping Exchange’s uniqueness is its integration of CorePass ID for user authentication. This advanced system, rooted in the Core Blockchain ecosystem, provides users with a decentralized digital identity. It’s not just an improvement; it’s a complete overhaul of traditional login processes. By replacing conventional methods like two-factor authentication (2FA) with a blockchain-secured identity, Ping Exchange offers users a swift, passwordless gateway to the crypto world.

Enhanced Security and Efficiency

The CorePass ID is more than just a login tool; it’s a bastion of security. Personal information is safeguarded on the blockchain in the form of an identity NFT, ensuring both privacy and security. This innovative approach extends seamlessly to the exchange’s built-in HD wallet, enabling quick transactions and immediate access to XCB and CTN cryptocurrencies.

In collaboration with CorePass and Core Blockchain, Ping Exchange has developed a cutting-edge compliance platform. This user-friendly system efficiently handles KYC, AML, PEP, and sanctioned user management, adapting to various local and international regulations. This ensures Ping Exchange remains ahead in compliance in a constantly evolving regulatory landscape.

Ping Exchange isn’t limited to just its native cryptocurrencies. It supports trading in popular cryptocurrencies like BTC, ETH, LTC, and USDC, alongside XCB and CTN. The platform employs a tiered system for users, offering different withdrawal limits and privileges based on verification levels and financial backgrounds.

A key feature of Ping Exchange is its approach to user data. With CorePass ID, users use CTN tokens to purchase verification vouchers linked to their wallets. Verified users then have their data redeemed in CTN tokens by applications like Ping Exchange for registration, KYC, and AML purposes. This system empowers users to own and be rewarded for their data, contrasting the free data giveaway prevalent in web2 applications.

As the inaugural platform to trade XCB and CTN, Ping Exchange introduces Core Coin (XCB) and Core Token (CTN) into the crypto market. XCB stands out with its eco-friendly Proof-of-Work algorithm and high transaction speeds, offering a sustainable crypto alternative. CTN, as a utility token, facilitates transactions and data exchanges within the Core ecosystem.

Ping Exchange is not just another crypto trading platform; it’s a pioneer in redefining the crypto trading experience. By combining security, efficiency, compliance, and user empowerment, it’s set to become a significant player in the cryptocurrency world, potentially leading the way for others to follow. The integration of CorePass ID and its unique approach to data ownership and user rewards positions Ping Exchange as a benchmark in the evolving crypto trading landscape.