Recently, we announced the integration of our blockchain network into the MetaMask wallet. While we are still finalizing this update, there is no doubt about the potential that users will enjoy. Meanwhile, the benefits are not limited to noncustodial wallets. Crypto exchanges can also jump aboard the fastest blockchain by integrating the T12 protocol into their platforms.
This article will outline the benefits that crypto trading platforms will enjoy when they integrate the network of the fastest blockchain into their exchanges. It will also highlight how users can also enjoy better cryptocurrency trading and transferring experience with the Tectum network.
Benefits of the T12 Protocol to Crypto Exchanges
The benefits of the Tectum blockchain apply to exchanges and their users. Here are five reasons why every exchange should integrate our network into their platform:
Very Fast Transactions on the T12 Protocol
Tectum is the fastest blockchain on the planet and can complete up to 1.3 million transactions per second. With this network, crypto exchanges can wave goodbye to network congestion forever. People can send and receive Bitcoin, Ethereum, and USDT tokens within 0.001 seconds of making the transfer.
Zero Gas Fees for Users
In addition, users will pay zero gas fees whenever they transact using the T12 protocol. Even with microtransactions, the highest people will pay as gas fees when they send and receive tokens on our network is 0.1%. Even better, individuals are not limited to a specific token. They can send Bitcoin, Ethereum, Litecoin, USDT, and more.
Cheapest Transaction Fees for Merchants
On their own part, exchanges will enjoy the cheapest merchant commission of 1%. This means that they can distribute token rewards and send rewards to blockchain wallets at a meagerly 1% in transaction fees. Exchanges no longer have to worry have expensive costs of making payments to users.
Utmost Security and Anonymity
Every transaction done on the T12 protocol is secure and private. This means that the network will never reveal sensitive information of the sender to any third party. For the sake of transparency, details of the transaction will appear on our block explorer. However, Tectum will never display details like your wallet address.
Trustless Transaction Validation and Sole Ownership of Tokens
Most importantly, this is not the case where funds are added to a pool and placed in the trust of DAO. Instead, blockchain technology and smart contracts manage the entire process. In this regard, people do not have to expect a group of individuals for permission anytime they want to access or utilize their funds.
Users maintain 100% ownership of their cryptocurrencies AT ALL TIMES. SoftNote Bills are not replacement tokens for your Bitcoin, USDT, Ethereum, or Litecoin. Instead, they are wallets or carriers that enable you to hold, transfer and spend your coins safely and anonymously.
What are the Requirements for Integrating the T12 protocol into a Crypto Exchange?
The SoftNote Developer Documentation is live, and crypto exchanges can integrate our protocol into their platforms and wallet. Centralized and Decentralized Exchanges that want to offer zero gas fees should endeavor to get the SoftNote API.
Even better, the requirements and steps to integrate SoftNote into your exchange:
- Registration:Start by creating a Softnote account at softnote.com.
- Authorization in Passport: Log in to your Passport account to confirm the required permissions for generating an API key.
- Navigate to Developer Section: On the main page, scroll down to locate the developer-specific section.
- Generate API Key Button: Within the developer section, find and click the “Generate API key” button.
- Retrieve Permanent Key: After clicking, a new page will display your permanent API key. Ensure secure storage as it will be used for API-related tasks.
- Wallet Balance: Confirm that your wallet maintains a sufficient balance of TET T12 to cover fees.
After completing these basic steps, you can configure the trading pairs, fees, and payment gateways. More SoftNote is scalable and works well with almost every blockchain. In this regard, your developers will have no issues successfully integrating it into your Centralized or Decentralized Exchange.