Since the inception of Bitcoin a couple of years ago, the innovation of the blockchain technology that accompanied it’s advent has brought a tremendous usage in cryptoccurrency and other digital form of money. Because of the exponential influx into crypto space as a result of the blockchain technology, the need for brokers also increases tremendously.
Another name for broker is EXCHANGE. In crypto currency, the important of exchanges can’t be overemphasized.
As an experienced Forex Trader, I know the significance of exchanges. It can either make or ruins your trading capacity. This also applies to Crypto Exchanges. With the Blockchain increasing more reception, it is pertinent that a Platform that can give newcomers and substantial financial specialists a seamless and comfortable trading experience be put in place.
BOTTLENECKS IN THE CRYPTO CURRENCY EXCHANGES:
Despite the important if exchanges, there are still some bottlenecks in the system.
The issues with cryptocurrency exchanges are highlighted:
** Lack of adequate Security: This is one of the paramount problems that are facing a lot of cryptocurrency exchanges. No trader will be happy to have his or her account hacked as a result of the lose security some exchanges.
** Lack of a 24/7 customer care Service: This is very vital in any system. When the communication link between the brokers and customers are broken,
It becomes difficult for traders especially in events that the exchange is not a seamless one.
** Low Liquidation: This is another serious problem that brings concern to traders. Low liquidity reduces the assets that are traded in and exchanges and as such, it is disadvantageous to traders.
In view of the problems stated above, a group of experienced professionals decided to come up with a Platform that will address the issues and bring a better trading Platform to the ecosystem.
The name of this platform is IRONX EXCHANGE
As already mentioned above, it was out of a burning passion to give traders the best exchange platform that a group of professionals in different financial systems came together to form IRONX EXCHANGE.
IronFX is actually a leading giant in the Forex market and EmurgoHK, a global leader in the Blockchain technology and creator of Blockchain Cardano and the ADA coin.
IRONX EXCHANGE is aiming at makthe blockchain to gain mass adoption. IronX is going to achieve this by ensuring that all the loopholes and bottlenecks in exchanges is addressed. With this , both existing and intending traders will marry the idea behind blockchain and it’s trading innovations.
IronX is also aiming at bridging the gap between the traditional financial system and the blockchain.
THE OUTSTANDING FEATURES AND BENEFITS OF IRONX EXCHANGE
1. It provides a direct access to IronFX trading platform(FX, CFDs, Shares, Futures, indices, etc).
2. It gives room for investors to diversify their assets directly on the exchange platform. This is so unprecedented.
3. The aim of the IronX exchange to be fully regulated will give investors and traders an added advantage and also make them feel safe concerning their assets.
4. There is an adequate liquidity in IronX platform, which will therefore ensure a good volume
5. It has a very high degree of security set up
6. IronX exchange has a 24/7 live chat support which help to increase the communication gap between users and the exchange.
7. It has a Cold storage which will be strictly used to safeguard the users’ funds in the platform.
8. A 2fa set up that will also be used for security of funds.
9. There is also a bridge between both financial worlds where Crypto can be bought using Fiat in the IronX exchange.
More of the features of IronX can be found in the website and the WhitePaper
PARTNERSHIP: The partnership of IronX is with EmurgoHK Group and Smartologic Technologies.
IRONX EXCHANGE will also be available on Android and iOS systems, Desktops, Tablets, and even MT4, Webtrader etc.
ABOUT IRONX TOKENS
Like every other cryptoccurrency platform, IRONX EXCHANGE platform have its own native token.
The name of their native token is IRX which will also be used for payment of listing fees. Trading fees could also be paid with IRX or other currencies that is available in the platform.
Users and supporters of IronX platform wil also be rewarded with IRX. And IRX holder will also be rewarded with reasonable discount.
FOR MORE DETAILS ABOUT IRONX EXCHANGE, CHECK THE FOLLOWING LINKS BELOW:
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