Blockchain technology is a new innovative technology that has been introduced to aid effective, transparent and efficient financial management globally. Ever since the invention of this innovative technology a lot of projects have been linked to it with different cryptocurrencies in the ecosystem.
However, these cryptocurrencies as well as the projects would not go anywhere without a well regulated, safe and effective trading platform where these digital currencies can be exchanged with other crypto currencies and also with Fiat.
Interestingly, IRONFX group has recognized the gap between Crypto trading and traditional online trading platforms, and has therefore created a unique, world class standard, safe, regulated and secure cryptocurrency Exchange in order to bridge this gap between the existing online trading and crypto trading thereby provide the best trading experience to crypto traders globally.
WHAT IS IRONX EXCHANGE?
IRONX EXCHANGE is a Crypto trading platform designed by IRONFX group in order to leverage on her already existing features of being a world best and leaders of online trading platform. The combine efforts of IRONFX and EMURGOHK who is also world best blockchain technology will give IRONX the standard required to be the best Global Crypto Exchange. IRONX is therefore designed uniquely with the traditional online traders in mind as well as Crypto traders.
PROBLEMS IRONX EXCHANGE IS DESIGNED TO SOLVE?
It won’t be surprising to know that despite the numerous Crypto Exchanges already existing, so many traders are finding it difficult to enjoy trading and potential traders are afraid of coming in due to various challenges associated with these Exchanges. These challenges hinder the effective and efficient use of those trading platforms. Some of the challenges are:
-Lack of proper Regulation: investors do not have guaranty on the security of their Assets on such Exchanges that are not regulated
-poor liquidity: due to low trading volume, there is also low liquidity.
– Limited listed currencies: only a hand full of cryptocurrencies is listed on some of the existing Exchanges.
-Limited trading pairs: some of the existing Exchanges have one, two at most only three trading pairs and do not give traders options to choose from.
-No Fiat trading pair: Most of the Exchanges do not have Fiat options so traders cannot Exchange their digital currency for Fiats.
– Poor customer support services: they do not have effective customer support service providers.
– Single language: some of the Exchanges have only one language therefore traders who do not understand the language suffer.
– Inadequate security measures: most traders and investors lose their funds to online theft and hackers.
– High transaction fees: they charge ridiculously high fees for transactions (trading and withdrawal).
– Delay in transactions: in most of the existing exchanges transaction usually take longer than necessary time to process.
And many other challenges, hence the great need for an innovative Exchange such as IRONX.
LET US LOOK AT THE INNOVATIVE OBJECTIVES OF IRONX EXCHANGE
IRONX is designed with a lot of great objectives in mind some of which are:
– IRONX aim at providing a high liquidity in the market considering the already existing large database of customers on IRONFX and EMURGOHK.
-IRONX will leverage on the already existing features of processing, solutions as well as real operating company function which include back office, risk management, account management, banking solutions and payments etc. to provide an outstanding and world class trading experience to traders on the Exchange.
-IRONX also intend as one of its objectives to invite Crypto investors who are ready to diversify and add low correlation assets classes which IRONFX group has provided on their trading platform to their assets.
-IRONX plans to offer a safe, effective and simple access from the retail market into the Cryptocurrency market.
THE UNIQUE FEATURES THAT DIFFERENTIATE IRONX FROM OTHER EXCHANGES
– IRONX provides Mobile and Desktop Applications with user friendly interface so as to allow both experts and novice to trade on the Exchange with problems.
-Both Fiat and Crypto Currency funding: IRONX Exchange provides a large range of wallet funding options for Cryptocurency and local Fiat currencies.
– Enhance market Liquidity: IRONX is bound to experience high market liquidity since it is built with already existing retail clients of above 1.2million in IRONFX group as well as 150,000 participants who are followers of EMURGOHK.
– Minimal trading fees: IRONX offers low initial trading fee of 0.2% and may also charge a relatively low withdrawal fees which is better than other Exchanges worldwide.
– IRONX Exchange platform is set to be fully regulated in order to protect investor’s interest and guarantee them of safety of their Assets.
– IRONX is designed to provide 24/7 support services to customers.
-IRONX Exchange offers other languages that traders understand so as to carry everyone along without language barrier.
IRX is an ERC20 utility token that has been created by IRONX Developing team in order to control the entire IRONX ecosystem.
USES AND UNIQUE BENEFITS OF HOLDING IRX
-IRX token will be used for Payment for rewards and incentives.
– IRX token will be used for payment of trading fees
-IRX token will be used for payment of coin listing fees
-IRX token will serve as the major token for every other transaction on the IRONX Exchange.
1. Holders of IRX will own a VIP account without requirements.
2. Holders will be given free IRONFX Card
3. When paid in IRX there will be additional bonus for introducing an affiliate or broker.
4. Holders will enjoy Discount in spreads on traders depending on trading products.
5. Holders will have access to free Virtual private Server
6. Holders of IRX will enjoy discount on fees paid for portfolio management.
Token sales is ongoing,
The Idea behind the creation of IRONX is the best thing that has happened to Crypto traders, investors and the Crypto world at large. Designed to be the best Exchange globally, IRONX Exchange has great and unique features combining the best in traditional trading with the best in Crypto trading. Therefore, No Crypto trader , investor or enthusiast should miss out of this unique opportunity of being a part of a world class Exchange. Be part of the ongoing token sales and take your position on time.
For further information below are the important links:
White paper: https://ironx.io/IronX_WP_Version_1.2.pdf
Authour’s Bitcointalk url: https://bitcointalk.org/index.php?action=profile;u=2281902;sa=summary
Authour’s Name : funex