Marsan Exchange is a cryptocurrency exchange platform allowing consumers to trade cryptocurrencies easily. Marsan Exchange aims to become a platform that users can trust and offer services to power the future of crypto finance. The platform also wants to solve the problems associated with current crypto exchanges like poor customer support, stuck transactions, hidden fees, and lack of incentives.

Marsan is a non-custodial exchange, allowing transactions to get settled on the blockchain within seconds. Marsan platform is working with eleven globally deployed supernodes to provide faster settlements. A node is a computer that participates with the help of cryptocurrency software in the network. The platform wants to offer higher efficiency and faster settlement speed performance, enabling a better user experience.

Each user can have a decentralized crypto wallet to keep the assets locked safely in the blockchain. A user gets a twenty-four letter seed word on signing up and is responsible for their private keys. Although the wallet is hosted on Marsan’s app, Marsan claims that they do not have access to users’ funds.

The primary revenue to the Marsan exchange platform comes from the transaction fee. Initially, the platform plans to charge a 4.5 percent of fixed fee per buying transaction and 4 percent on each selling transaction. Moreover, the platform wants to initiate a staking program to encourage users to promote and use the exchange services. This is also going to encourage users to hold MRS tokens.

MRS is an ERC20 token and is the native token of the platform. The token is used to incentivize users to use the exchange platform and encourage others to move to Marsan Exchange. The token holders are required to pay fewer fees depending upon the number of tokens each user holds.

Marsan Exchange initially supports the exchange between Bitcoin (BTC), Ethereum (ETH), and MRS token and is available for IOS, Android, web-based native clients, and mobile HTML5 clients.

Antoine Marsan is the founder and CEO of Marsan Exchange. The whitepaper of Marsan Exchange was launched in July 2021. The total supply of MRS tokens is ten million tokens.

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