Introduction:
Dealing with mainstream assets such as gold, currencies, and stocks is pretty easy. You are least likely to face issues with volatility or liquidity. Same cannot be said of sidelined assets such as the cryptocurrencies. Nonetheless, these are hot and lucrative trading options. The crypto realm and mainstream trading realm are so distant. Both these sets of assets will do wonders from a mutually beneficial union. It can bring that x-factor to mainstream exchanges and steady trading volume towards cryptocurrencies.
IronX exchange aims to be the best in crypto as well as trading. IronFX is a leading Forex trading brand established in 2010. With 10 trading platforms, they deal in 200 tradable instruments. The group is regulated by all popular FX regulators – FCA, ASIC, FCSA, and CySEC. They combine hands with EmurgoHK, a frontrunner in blockchain technology. ADA coin, their native cryptocurrency is pretty successful. All its operations are based in Hong Kong, one of the global business hubs.
Overview of Project:
IronX aims to create a world-class crypto plus trading exchange. It aims to address the very problems that trouble the crypto space. It accounts for a regulated crypto market with improved liquidity. It allows for fiat funding and diversified portfolio. The quality of service and customer support is bound to improve. They have tied up with top tier companies to deliver high-end IronX exchange. Their coin is backed by real operations of a financial trading company. Emurgho group brings the much-needed liquidity on the outset of their natively successful token – ADA coin. Smartologic Tech serves as the advisory.
IronX exchange and its native IRX tokens offer a range of benefits. They provide users with multiple wallets, high-security standards, and improved liquidity. The exchange allows crypto investors to diversify their portfolio. They get direct access to FX, CD, shares, commodities, futures, and indices besides crypto assets. Crypto assets include ICOs who do not release their tokens directly. IRX token holders enjoy trade benefits in IronX and IronFX platforms. Utilizing global reach of IronFX, the IronX exchange is all set for success, for details visit website: https://ironx.io/
Key Features of IronX exchange:
The high octane platform architecture is capable of handling high trade volume. Its optimal performance would mean supporting 1 million trades per second. It's intuitive, easy to use interface feels super easy. You will benefit immensely from the fiat to crypto purchasing capabilities. The platform offers monitor and alert systems besides seamless fail-safe modes. IronX exchange will be available on mobiles and desktops. You can trade from Android and iOS systems in addition to bigger screen platforms. You can access the exchange via traditional trading platforms like MT4 and Webtrader.
Key Benefits:
• Access to a huge number of cryptocurrencies
• Round the clock trading support
• Consistent transaction fees
• Supports both fiat & crypto funding and withdrawals
• Receive account statements on a daily basis
• Traders can place, edit and cancel orders
• Supports limit and stop orders
• Run reports and audit trades
Comparison with Competitors:
The concept is not anything new. There are tons of other ICOs which already do that. Nevertheless, there is still a market for that. If IronX delivers on the promise, they can be successful. Some of the competitors include;
• Coinbase: The daily trade volume is in range of $600-700M. It is amongst the largest and most popular exchanges
worldwide. They accept bank transfers and card payments within FIAT bracket. They have complaints citing bad wait
times in transfers.
• Bitmex: Bitmex brags a trading volume of over $3 billion. They accept a range of fiat currencies including USD, JPY,
CNY and more. The downside is their complicated interface is not suited for novices. It is not going to score well with
late adopters.
• Gate.io: The daily trade volume is well over $156M. It is relatively new and unregulated. It does not bring any X factor
to combat the competition. However, it didn’t miss out on providing all of the standard features.
• And the list goes on…
IronFX is an established FX broker in Hong Kong and the Asia Pacific belt. They have already got all the technological and institutional backing needed. Moreover, a hard cap of $50 million and soft cap of $18 million are huge numbers, especially in current market conditions. The fact that they have managed to get funding of $25 million is amazing. They are well set to take the long shot in this business space.
Token sale details:
Conclusion:
They got pretty good scores in all ICO review sites. ICO Bench gives them an expert rating of 4.8 out of 5. The team and the advisory board looks promising. They got a combined experience of tons of years in finance, crypto, tech, law, marketing and more. IronX official telegram channel has over 21k members. They have managed to get the buzz going for them. The soft cap is already reached, thanks to aggressive funding. Overall this ICO is loaded with promises and potential. Even if they deliver half as good as promised it leads to a super successful investment.
Important official links:
The token sale involves some pretty big numbers. The hard cap of the ICO is set at $50 million. The soft cap is $18 million, which has been already reached. ICO is approaching the hard cap as we speak. The public sale is now live. The token sale started on 1st November 2018. The end date is 15th January 2019. The minimum eligible contribution is $100. Price per token during the main sale is $0.42. Accepted payment methods are BTC, ETH and Wire Transfer. You can still purchase tokens from the homepage of the project: https://ironx.io/
Project homepage: https://ironx.io/
Bitcointalk Announcement Thread: https://bitcointalk.org/index.php?topic=5059654.0
Facebook link: https://www.facebook.com/IronXExchange/
Twitter Link: https://twitter.com/IronXExchange
Telegram Link: https://t.me/IronX_exchange
Whitepaper: https://ironx.io/IronX_WP_Version_1.2.pdf
Reddit: https://www.reddit.com/r/IronX_Exchange/
Partner sites:
- IronFX: https://www.ironfx.com
- Emurgho HK: https://emurgohk.io/
- Smartologic Tech: http://www.smartologic.io
Regards!My Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=985624