XTRD - Unifying Cryptocurrency Exchanges
According to statistics. At the beginning of this year, there were slightly more than 120 crypto-currency exchanges in the world, the daily turnover was about $ 20 billion, and the total capitalization of the market was more than $ 700 billion. For 2018, the capitalization growth should amount to 1-2 trillion. However, importantly, many exchanges are unsafe, vary greatly in a number of criteria.
XTRADE is a universal trading crypto-currency platform, which is designed to assemble the best trading practices. It solves the problems of more than 60 decentralized and fractured liquidity pools and provides a high degree of security.
The full implementation of the project involves the implementation of a number of stages. The FIX API is already created – it is a financial information protocol eXchange (FIX). With the help of universal technologies, the system provides uniquely convenient opportunities for interaction between different stock exchanges, brokers and their mutual funds, investment banks will participate in the system.
Another important event in 2018 is the launch of XTRADE PRO. Dana trading platform for active trading is reliable, multireversive and autonomous. It includes applications used to manage trading through a number of asset management trading systems.
Especially for creating a high level of liquidity in the near future will launch the program XTRADE SPA. The main objective of this development is the creation of strong partnerships with a number of well-known exchanges, which is necessary to improve the regulatory environment (which will reduce transaction fees).
Dark pool
Thanks to technology, we can get rid of middlemen. With the help of banking partners in the United States, Great Britain and Hong Kong, the system creates KYC for all comers, opens the opportunity to trade fiat funds with a commission of only 1% (instead of the standard 12%).
Token
The name of the new coin is XTRD. The cost of one token during sales is 10 US cents. The project has legal registration in the Cayman Islands, and is banned in several countries. Sales successfully from February 20 to March 31.
How will all the tokens be distributed?
– 50% generation tokens (sold through SAFT);
– 29% company reserve;
– 10% team pool;
– 10% pool of advisers;
– 1% of the means for conducting the bounty.
How to use the collected funds?
– 70% balance for the SPA;
– 15% platform development and operational costs;
– 5% legal issues;
– 5% pool for sales and marketing;
– 5% development of new technologies.
Site and Documentation
Simple functional design, is a single-page, contains quite a scant information, everything is important in the document. The site is available only in English, like the Whitepaper. The latter takes 40 pages, contains all the necessary information that could interest a potential investor.
Team
The leaders of the XTRD project have tremendous experience of entrepreneurial experience, experience in developing and administering
systems for conducting trading, in creating and maintaining server systems. Some project participants are top-level specialists in the analysis of market data, there is a professional in the field of visualization, based on AI. A group of consultants and advisers are professionals of a number of trading companies. Great horizons for the project open up cooperation with CEX.IO.
Popularity in social networks
The project has already managed to make itself known in all the most popular channels of public relations. The team, which is important, always responds promptly to all questions. In the Telegram group at the moment (July 13) – 6,680 subscribers, Twitter – reads 5987 people, Facebook – 5524, reddit – 97, linkedin – 9. There is a profile in Medium.
Bounty
The campaign began on February 8th. All campaigns are allocated 1% of the total number of coins of the system. Distribute funds as follows:
– 30% will be allocated on Youtube;
– 30% of the pool of the blogosphere;
– 10% allocated to posts in Twitter and Facebook posts;
– 5% of the amount allocated to reposts in these two social networks;
– 15% of the translation campaign.
Roadmap
In the first quarter of this year, tokens were generated, the FIX API was created. In the second quarter, the alpha version of the platform was introduced, and the dark pool was launched. In the third we plan to release the beta version.
Conclusion
The creation of the project involves a number of specialists of the highest level, and the technologies offered by them promise us the most important thing – security and savings on transactions. Apparently, the project has a great future.
Site: https://xtrd.io/
Whitepaper: https://xtrd.io/xtrd_whitepaper.pdf
Twitter: https://twitter.com/xtradeio
Facebook: https://www.facebook.com/xtradeio/
Medium: https://medium.com/xtradeio
Telegram: https://t.me/xtradecommunity
Linkedin: https://www.linkedin.com/company/xtradeio
Author:
Bitcointalk Username: saycryptohello
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1336255